Marketplace Payments: Split Settlements and Escrow Models
Marketplaces often handle complex payment flows, including split settlements between sellers, platform fees, and escrow accounts. Efficient management ensures timely payouts, accurate reconciliation, and regulatory compliance.
Monavate’s platform supports virtual and physical cards, real-time multi-currency settlements, and automated reconciliation for marketplaces. Dynamic spend controls and escrow management simplify financial operations, enabling marketplaces to scale while maintaining transparency and security.