MemeFlates payment system is integrated with the order tracking system, ensuring the synchronization between user interactions and admin controls for any transactions.
This means you can control every transaction right on your website with a visualized interface. Besides, with an interactive dashboard, users can choose their preferred payment method, monitor their revenue or send a withdrawal request conveniently MemeFlates gives you the ability to ensure the safety of each transaction and the benefits of your users.
Let’s look at this example for better understanding of the flow:
Buyer orders a $MJob:
When the buyer successfully places an order, the money is sent through a payment gateway to the admin account. In time, the order status is changed from Pending to Active. The virtual money is updated to the Seller’s credit account, letting him know that he can start to work on that order. Each transaction will be logged in to the system for admins to manage.
When the Seller account reaches the pre-defined minimum payout, the Seller is able to send a withdrawal request to the Admin. The Admin reviews the request and decides to send the payment to that Seller manually right away or in a monthly routine. Notification will be shown on the Seller’s dashboard.
When the Seller doesn’t complete an order on time or deliver the work with bad quality, the Buyer can send a dispute request to Admin. In the other hand, if the Seller believes he has done a good job but the Buyer doesn’t accept his work, the Seller can also send a dispute request to Admin.
Admin will be the one to decide the winner of each case and transfer the money to the winner’s credit account. Since the Seller can only withdraws money for the finished $MJobs, MemeFlate have complete control in any dispute cases.
Besides providing a payment system which helps all transactions work smoothly and safely, MemeFlates also offers admin many monetizing methods:
By Commission: MemeFlate can monetize by charging commission on each transaction made in your marketplace.
By Member Plans: MemeFlate can build multiple package plans for its users.
By Featured Plans: MemeFlate can charge its sellers for featuring their services.