A marketplace business provides a common platform for buying and selling, while also managing payments and payouts for sub-merchants. If your business acts as an umbrella for multiple sellers or service providers like TaskRabbit or RunSignUp, you’ve come to the right place. We make it easy to pay and get paid through your unique marketplace.
We offer customizable APIs that you can leverage. We’ll also run identity verification and help to generate the annual 1099K tax forms that can burden a marketplace owner.
Accept cards, Apple Pay, Android Pay, and Venmo. Pay sellers in as little as two days via ACH, next day via Venmo, or choose to park funds until fulfillment is complete.
We offer various ways to collect and analyze information about overall transactions in your marketplace, all the way down to the nitty gritty for each of your sellers.
No extra fees
We don’t charge any additional fees for you to pay your sellers -- just our standard pricing of 2.9% + $.30 on the initial transaction, and the rest is business as usual.
Some of your favorite companies use Braintree + Marketplace
What is Marketplace?
Marketplace is the part of the Braintree payments platform that enables you to split payments from customers between your marketplace and your sellers or providers.
Who can use Braintree’s Marketplace?
Marketplace-style companies based in the US, who are splitting payments with US sellers or providers. Marketplaces are platforms that bring buyers and sellers together. Sometimes they are described as collaborative consumption or sharing economy businesses. Some well-known examples include TaskRabbit, and RunSignUp. If you're unsure if your business is a good fit for Marketplace, contact our sales team.
How much does Braintree Marketplace cost?
It’s free for Braintree merchants. You’ll pay the standard rate of 2.9% + $.30 when the customer makes their purchase, but we don’t charge for distributing the funds to you and your sellers.