Overview

Tap Marketplace solution allows you to accept and split payments instantly with multiple businesses operating under a Marketplace in a seamless and automated way, as well as managing payouts to the Business's bank accounts.

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Business: Vendor/service provider registered under a Marketplace. Each Business under a Marketplace will be issued a unique destination_id.

With Tap Marketplace solution you can:

• Onboard businesses: Onboard your businesses and create Tap's accounts for them seamlessly using our APIs.
• Process payments: Split funds between multiple Businesses, and specify your marketplace fees on each transaction.
• Transfer funds: Transfer funds between your marketplace and Businesses.
• Payout: Payout Businesses quickly and reduce operational costs with Tap’s payout engine.
• Reconcile: Simplify reconciliation by using our reconciliation dashboards, APIs, and customized reporting tools.