GivePayments Marketplace Payments collects a buyer’s payment and routes shares to multiple sellers and the marketplace’s commission. A marketplace can split funds at transaction time or on its own settlement schedule. Embedded onboarding covers identity and business verification, bank-account validation, and sanctions screening. Its payment rails support partial refunds across split orders, seller payout holds, and payments to sellers in different states. Reporting links payouts to their original transactions and displays seller volume, balances, payout status, and risk standing. For custom checkouts, the developer API supports tokenization, hosted payment pages, webhooks, and recurring billing; REST API tools, SDKs, and a sandbox are also available, with sandbox access requested from the platform team. Hosted pages and tokenization keep card details out of the developer’s environment, and the infrastructure is described as PCI-aligned. The payment methods listed are Visa, Mastercard, American Express, Discover, digital wallets, and ACH. Pricing is set through underwriting and depends on volume, average ticket, and chargeback history. Sponsor-bank concurrence and account approval may be required before boarding.
Who it is for
This service suits marketplaces that need to collect a buyer’s payment and distribute proceeds among sellers. It may suit teams building custom checkout flows that need onboarding, payout, and reconciliation tools.
What is good
- Splits payouts immediately or on a marketplace schedule.
- Supports partial refunds and seller payout holds.
- Reports connect payouts to originating transactions.
- Offers REST API, SDKs, and a sandbox.
- Supports cards, digital wallets, and ACH.
What to know first
- Pricing is set through underwriting.
- Sponsor-bank concurrence may be required.
- Account approval is required before boarding.
- Sandbox access must be requested.
Verdict
GivePayments provides marketplace payment splitting, seller onboarding, payout reporting, and developer tools. Marketplaces should account for underwriting, sponsor-bank review, and account approval before boarding.
Get started with GivePayments Marketplace Payments
- Visit the GivePayments Marketplace Payments website
- Contact GivePayments to discuss underwriting and the marketplace model
- Have the marketplace model and sponsor-bank concurrence reviewed before boarding
- Request sandbox access from the platform team to work with charges, refunds, and webhook events
Limits to know first
The plan uses a custom rate set by underwriting, based on factors including volume, average ticket, and chargeback history. Restricted marketplace models require sponsor-bank concurrence, and account approval is required.
Questions about GivePayments Marketplace Payments
How much does Marketplace Payments cost?
Pricing is on request and set by underwriting. The final rate depends on volume, average ticket, and chargeback history.
Can payouts be scheduled?
Yes. Splits can happen at transaction time or according to a marketplace settlement schedule.
Which payment methods does it support?
Visa, Mastercard, American Express, Discover, digital wallets, and ACH.
What seller checks are included?
Embedded onboarding covers identity and business verification, bank-account validation, and sanctions screening. GivePayments also reviews KYB, beneficial ownership, and OFAC and PEP sanctions screening before boarding.
What developer tools are available?
The developer offering includes a REST API, SDKs, tokenization, hosted payment pages, webhooks, recurring billing, and a sandbox. Sandbox access is requested from the platform team.
Does a marketplace need sponsor-bank approval?
Sponsor-bank concurrence is required before boarding for marketplaces and PayFac models; account approval is also required.
GivePayments Marketplace Payments plans and pricing
All plansCompared on marketplace payment platforms
- Seller onboarding
- Yes
- Split payments
- Yes
- Commission tools
- Yes
- Payout scheduling
- scheduled
- KYC/KYB support
- Yes
- Payment methods
- Visa, Mastercard, American Express, Discover, digital wallets, and ACH
