Time regards when the service occurs – whether it is on-demand or scheduled. Pricing can be either fixed in advance or negotiated based on the type of online marketplace one wants to establish. When it comes to scheduling the rental service in particular day and time, the booking flow that follows: Customers search for the perfect service on the website. The owner accepts the booking The amount deducted from the customer. The marketplace owner assigns the service to a suitable service provider and the requirements got executed. Things to consider when choosing the payment solution Splitting Payments A marketplace service revolves around three people – provider, customer, and an intermediary.