A marketplace buyer places one order while business records are created for several sellers behind the scenes. The collected total, platform commission and amount payable to the seller are not the same thing. The MagicPay marketplace payment system matches basket items to sellers, tracking commissions, refunds and transfer outcomes within that relationship. Finance and seller support teams see which sale generated each movement in a shared transaction history instead of preparing separate spreadsheets.
Every seller's share is visible in one basket
Buyers purchase items from different sellers within the same payment journey. Each order item is recorded with a seller identity; item value, platform commission and seller settlement calculations are tracked separately. A later change does not obscure the whole basket and can be investigated through the relevant item and seller.
- Item matching: preserve product, seller and payment references together.
- Commission model: apply configured rates for a seller, category or product.
- Settlement record: view the calculated share separately from the provider's completed transfer outcome.
Settlement schedules and hold rules
Define the commercial conditions under which a seller's amount enters the transfer flow. Delivery, schedule and dispute status are considered together in settlement tracking. Distinguish pending, transferred and held amounts in the dashboard. MagicPay provides the rules and record layer; transfers run through the contracted bank or payment institution's service flow. Settlement calculations therefore remain distinct from actual financial movements.
Apply partial refunds to the right seller
When a product is refunded, its order item, seller share and commission rule are used together. Define how commissions are treated on refunds and follow which settlement is affected in the same history. Seller profiles, account and invoice details stay connected to transaction records. Support investigates the buyer's question and seller's balance movement through the same sale.
Who is it for?
Multi-seller e-commerce platforms, booking networks and businesses bringing different service providers together. MagicGate connections, AI Routing, controlled retries and MagicGuard join the transaction flow. Platform finance tracks commission and transfers while seller teams work from their own business records. The buyer's payment experience stays connected to seller operations.
Organize marketplace payments in three steps
Establish seller and order relationships first, then connect transfer outcomes to those records.
- 1. Match seller profiles to order items and define commission and settlement rules.
- 2. Test payments, delivery, partial cancellations and refunds with the relevant seller records.
- 3. Compare settlement calculations with provider transfers and bring finance and support into the same dashboard.