{"id":70458,"date":"2026-07-01T08:24:00","date_gmt":"2026-07-01T06:24:00","guid":{"rendered":"https:\/\/www.centralpay.com\/?p=70458"},"modified":"2026-07-06T10:35:45","modified_gmt":"2026-07-06T08:35:45","slug":"collection-on-behalf-of-third-parties-marketplaces","status":"publish","type":"post","link":"https:\/\/www.centralpay.com\/en\/blog\/collection-on-behalf-of-third-parties-marketplaces\/","title":{"rendered":"Collecting payments on behalf of third parties: a key issue for marketplaces"},"content":{"rendered":"\n

What is third-party collection?<\/strong><\/h2>\n\n\n\n

Collecting payments on behalf of third parties involves a company receiving funds intended for another individual or business. This model is notably used by marketplaces, booking platforms, and service apps that act as intermediaries between a buyer and a seller.<\/p>\n\n\n\n

In practical terms, when a customer makes a purchase on a marketplace, the payment is first collected by the payment service provider. The funds are then held securely before being remitted to the seller, after the commission has been deducted.<\/p>\n\n\n\n

The process generally takes place in several stages:<\/p>\n\n\n\n

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  1. The buyer pays for their order on the platform.<\/li>\n\n\n\n
  2. The funds are collected on behalf of the seller.<\/li>\n\n\n\n
  3. The marketplace commission is reserved.<\/li>\n\n\n\n
  4. The balance is remitted to the seller in accordance with the stipulated terms.<\/li>\n<\/ol>\n\n\n\n
    <\/div>\n\n\n\n

    Unlike a standard collection process, the platform does not take ownership of the funds. It engages a Payment Service Provider (PSP) that acts as an intermediary responsible for collecting and redistributing payments in compliance with regulatory requirements.<\/p>\n\n\n\n

    This model enables marketplaces to offer buyers a unified payment journey while automating the management of commissions and payouts to sellers.<\/p>\n\n\n\n

    <\/div>\n\n\n\n
    \n
    Discover CentralPay, the payment collection solution for third parties \u2192<\/a><\/div>\n<\/div>\n\n\n\n
    <\/div>\n\n\n\n

    The benefits of collecting payments on behalf of third parties<\/h2>\n\n\n\n

    Collecting payments on behalf of third parties does more than just meet regulatory requirements; it also offers numerous benefits to marketplaces, their sellers, and their customers by simplifying payment management and securing transactions.<\/p>\n\n\n\n

    <\/div>\n\n\n\n

    Simplified financial management<\/h3>\n\n\n\n

    Collecting funds on behalf of third parties allows for the centralization of all financial flows within a single platform. Collections, commissions, and payouts are managed consistently, thereby reducing administrative complexity.<\/p>\n\n\n\n

    Marketplaces can thus :<\/p>\n\n\n\n