Current
Challenges
An online multi-vendor marketplace involves hundreds or maybe thousands of transactions every minute. Now, imagine the online multi - vendor’s team sending payouts manually for every transaction involved. This involves putting in thousands of man hours and results in a mayhem.
How TERA Helps
Address this :
Fortunately, there are many resources in place to automate the fund flow. And Tera is one of them. Tera automates the collection and payout process by offering a controlled flow of funds with Tera payments API. It is highly compliant, secure, which provides instant split payment charging a nominal fee.
Payment Solutions
TERA provides marketplaces with robust and secure payment solutions that facilitate seamless and efficient transactions between buyers and sellers. These solutions enable marketplaces to offer multiple payment options, including credit cards, debit cards, digital wallets, and bank transfers, enhancing convenience and improving the overall user experience.
Expanded Financial Services
TERA APIs integration enables marketplaces to extend their offerings beyond basic transactions. They can provide value-added financial services such as loans, insurance, escrow services, or financial management tools to their users. This expands the scope of services available on the marketplace, increases user engagement, and creates additional revenue streams
TERA Benefits & Features for Market Places
In today's digital age, an easy-to-use finance management platform can significantly benefit small businesses.
Manage entire payment flow as per your business use case
- Connecting customers and sellers on your platform?
- Now split individual customer payments between multiple sellers with complete flexibility on how much to transfer, to whom, and when to settle.
Multiple Bank Accounts
- Collecting payments centrally while managing multiple bank accounts for your business?
- Now split payments at source through automated routing between your various bank accounts with complete control over the business logic.
On-Demand Services
- Building a platform for cab drivers, electricians, handyman, etc.?
- Now manage the entire payment process digitally with complete control over when the transfers are made and settled.
On-Demand Services
- Building a platform for cab drivers, electricians, handyman, etc.?
- Now manage the entire payment process digitally with complete control over when the transfers are made and settled.