Example operating model
Online marketplace
An illustrative operating model for an online marketplace. This is an example workflow, not a customer testimonial, and does not describe an existing Fintech Meta customer.
Primary money flow: Buyer payments are collected, seller balances are maintained, commissions are deducted and payouts and refunds are processed.
Sector
Marketplaces and platforms
Jurisdiction
International
Primary products
Accounts, Payouts, Treasury
Availability
Planned
Required outcomes
Seller balances tracked and reconciled accurately.
Commissions and refunds applied with an audit trail.
Payouts released only to verified beneficiaries.
Operating principle
Marketplace money is other people's money until it settles.
Complexities and controls
Complexities
Maintaining accurate seller balances, deducting commissions correctly, processing refunds and paying many beneficiaries while keeping buyer, seller and platform funds distinguishable.
Controls
Balance tracking, beneficiary verification, refund controls, sanctions screening and reconciliation across buyer collections, seller balances and platform commissions.
Required controls
- Seller balance tracking and reconciliation
- Beneficiary verification and refund controls
- Sanctions screening on payouts
- Buyer, seller and platform fund separation
Key restrictions
- Beneficiaries must be identifiable and screenable
- Refunds only against documented original transactions