What is an online marketplace?

http://www.tipalti.com/Industries/Marketplaces/what-is-an-online-marketplace.aspx An online marketplace is a website that falls under the e-commerce umbrella as a site that aggregates the selected inventories of numerous third party vendors. The marketplace operator, the entity which controls the site, is then responsible for facilitating the transactions that occur through the online marketplace, including making mass payments to the vendor providing services through the marketplace, who are tasked with fulfilling the orders. Sites like eBay or Amazon are excellent examples of popular online marketplaces.

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