Marketplaces and platforms
Taking payments on behalf of other people, and paying them without becoming a bank.
Being written
- Escrow: holding money until both sides are safeWhat escrow does, when it releases, and who decides.
- Splitting a payment between platform and sellerCommission, timing, and how to record it so it still makes sense later.
- Onboarding sellers who get paid directlyWhy the money should not pass through your own account.