What is a Marketplace: Definition, Features, Models

Marketplaces are surely a sea of great opportunities and dangerous challenges. In our previous article on the subject, we talk about what it is and how it works. But apart from the features and the types of marketplaces, there are many things you should take into account before creating one. Like, which payment method to choose, why it’s important to synchronize all the data, and how to make business logic secure. LinkUp Studio has worked on more than 20 marketplaces, so here’s a piece of advice based on our experience. Which payment method to choose What escrow services are What you should know about the laws in different countries What data challenges you might face Why it’s important to synchronize all the data How to engage new vendors, satisfy old vendors, and make money from them all Why you should think about the security of the business logic 💻 Read the text version on the blog  https://linkupst.com/blog/marketplace-development-what-technical-challenges-you-might-face/

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