A MarketPlace is a website or application that allows sellers and buyers to interact with each other to make commercial transactions. The owner of a Marketplace provides a space for sellers to display their products or services and is responsible for managing all aspects of the transaction. For example, Mercado Libre is a Marketplace.
Mercado Pago allows you to collect payments on behalf of the sellers of your platform and optionally charge a commission for the transaction.
When a payment is generated, the amount is immediately divided between the seller's account and your account, in case you charge a fee.
The Marketplace requires 3 steps:
- Create a Marketplace application.
- Connect your sellers' accounts.
- Charge on behalf of them.
After creating the application, you only need to take the second and third steps for each subsequent vendor.
Your credentials are the keys we provide so you can configure your integrations..
The public key, or Public Key, is used to access the resources that your frontend needs. You will be able to collect credit card data and convert it into a representative token that you can safely store on your servers to create a payment.
The private key, or Access Token, will allow you to call the rest of the APIs. For example, how to process a payment, make a refund or store cards.