Payment Solutions

Retail marketplaces

Streamline merchant payments and accelerate drop shipping strategies.

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The problem

Online retail aggregators that use upstream merchants instead of keeping an inventory of goods need to provide a single-cart checkout experience with a single payment for the consumer, while paying multiple merchant vendors to fulfill the order.

The solution

In drop shipment, real-time issuing of virtual cards enables multiple supplier payments within a single transaction. This ensures faster order fulfillment and a better customer experience. It also eliminates the need to lock up capital to pay merchants, supporting volume sales at seasonal peaks.

Real world: retail marketplaces

Purchase of goods from an online marketplace that uses multiple suppliers

Retail app

Purchase made

Your customers fill their shopping carts and check out.

Notification received

Marqeta webhooks allow real-time notifications upon transaction completion.

Marqeta platform

Payments sent

A virtual card is created to securely pay each marketplace supplier.

Spend evaluated

Managed or gateway spend controls minimize fraud and custom metadata eases reconciliation.

Funds released

Just-in-Time (JIT) Funding releases funds to the card on approval and in real-time to complete the transaction.

Suppliers’ side

Card charged

Suppliers accept payments via virtual card just as they would any other Visa or Mastercard.

Auth requested

Marqeta’s platform is contacted by the appropriate network for authorization.

Transaction completed​

Authorization is successful and the payment is confirmed.

Purchase made

Your customers fill their shopping carts and check out.

Payments sent

A virtual card is created to securely pay each marketplace supplier.

Card charged

Suppliers accept payments via virtual card just as they would any other Visa or Mastercard.

Auth requested

Marqeta’s platform is contacted by the appropriate network for authorization.

Spend evaluated

Managed or gateway spend controls minimize fraud and custom metadata eases reconciliation.

Funds released

Just-in-Time (JIT) Funding releases funds to the card on approval and in real time to complete the transaction.

Transaction completed

Authorization is successful and the payment is confirmed.

Notification received

Marqeta webhooks allow real-time notifications upon transaction completion.

“Marqeta shares our excitement for continued payments innovation. They’ve kept pace with us as an early-stage company and supported us every step of the way. There was a trust factor with Marqeta — we were confident they would deliver just as you would expect from a great partner.”

 

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Bob Kaufman
CEO

Key benefits for retail marketplaces

Creation of multiple virtual cards at once

Enable a single checkout model per customer order while paying multiple suppliers in one transaction.

Instant issuance at scale

Avoid order delays, improve the overall fulfillment days, and create a great customer experience. Quickly grow your supplier network without the need for merchant integration.

Dynamic spend controls

Avoid overpayments and optimize cash flow by limiting authorizations to a specific amount.

JIT (Just-in-Time) Funding

Fund an account based on activity and manage peak transaction volumes without exceeding credit limits.

Webhooks

Receive notifications on card activity as events happen (e.g., alerts on returns and refunds to help apply credit on the account).

Inject metadata into each transaction record

Automate reconciliations and reduce errors (e.g., ensure order numbers match in transaction records and your order system.)

Platform overview

An API-first technology platform that will shape the future of your payments

​Solutions overview

Modern card issuing that is powering innovative payment experiences across industries

Developer portal

Start building your card program

  • Developer guides

    Discover key concepts of the Marqeta platform with hands on tutorials

  • Data insights

    View filterable, curated production data and personalized insights

  • Core API

    Issue cards, fund accounts, manage payments, and more

  • API explorer

    Explore our endpoints, make API requests, and quickly prototype your product

About us

We are on a mission to empower the world’s innovators