How does the payment workflow work in ThingPark Market?

2336 views  February 21, 2019

When you make a payment on ThingPark Market, you pay this amount to sellers, who are responsible for sale-related aspects.

ThingPark only helps to interface buyers with sellers and process the financial flow.

Payment transaction is following a specific process:

- ThingPark Market resorts to payment solution providers to capture the transaction

- ThingPark Market collects payment funds on seller’s behalf on a dedicated account where funds are kept secured till merchandise is delivered to buyer

- Upon payment receival, ThingPark Market sends z Purchase Order to seller for shipment preparation

- Once merchandise is delivered to the buyer, the final payment to seller is processed

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