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After the emergence of online marketplaces and affiliate marketing┬áthe need for split funding mechanisms became extremely relevant. It became obvious that conventional model, under which the processor withheld a certain part of every transaction as payment processing fee could not accommodate more complex split payment scenarios. As the new types of transaction participants emerged, new […]

Date posted: October 22, 2018 | Author: | Comments Off on Split Funding Models

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The concept of online marketplace became relevant after rapid development of companies, which chose online marketplace model as their basic business model. The most well-known examples include Uber, eBay, as well as Amazon. In the online marketplace model credit card processing has its peculiarities. Transaction processing mechanism, used in marketplaces, has to be capable of […]

Date posted: October 22, 2018 | Author: | Comments Off on Online Marketplace Model

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