Craftgate Marketplace Solution

What Craftgate Marketplace Solution is

Craftgate Marketplace Solution provides payment infrastructure for online marketplaces. It supports baskets containing purchases from multiple sub-merchants, with each seller’s payment progress and maturity calculated and transferred separately. Marketplaces can configure conditions for transferring seller earnings to bank accounts after marketplace and bank commissions are deducted; Craftgate says earnings can be settled in three steps. Split payments, commission tools, and scheduled payouts are supported. A single integration, merchant panel, and reporting APIs help marketplaces manage payment flows and controls. The solution can be used with a marketplace’s contracted virtual POS and payment providers, and listed payment options include cards, digital wallets, bank transfers, alternative payment methods, and BNPL. Developers can use open-source API libraries for Java, .NET, PHP, Node.js, Go, and Python, with test and live environments. Ready-made e-commerce modules are listed for Shopify, WooCommerce, OpenCart, Drupal Commerce, PrestaShop, Magento, and Wix. Craftgate states that it holds PCI DSS 4.0.1 Level 1 and ISO/IEC 27001:2022 certifications. The company describes redundant data centers, active-active failover, 24/7 infrastructure monitoring, and 24/7 support. Craftgate is based in Istanbul, Turkey. Its service is a technical orchestration platform: it does not provide virtual POS, handle funds, or transfer them.

Who it suits

It suits online marketplaces that need to coordinate payments and settlements across multiple sub-merchants, use commission rules, or schedule payouts. Businesses working with banks, payment service providers, or e-money institutions may also benefit from its payment orchestration services.

Limits

The Marketplace Solution has no listed price and is billed through a demo request. Craftgate does not provide virtual POS or handle or transfer funds.

Getting started

1. Visit the Craftgate Marketplace Solution website.
2. Request a demo to discuss pricing.
3. Connect through a single integration and choose a supported API library if needed.
4. Use the test environment before moving to the live environment.
5. Use a contracted virtual POS or payment provider.

Verdict

Choose Craftgate Marketplace Solution if your marketplace needs to manage split payments, commissions, and scheduled seller payouts through one integration. It is a technical payment orchestration platform, so marketplaces seeking a provider that supplies virtual POS or handles and transfers funds should look elsewhere.