Mercato

Mercato on Nuvion

Send money within Nuvion, seven ways.

Mercato is a marketplace with sellers. Each card below is one real situation from the book transfer guide. Pick one, press send, and see the three API calls it makes.

Edit sandbox setupRead the guide
Scenario 1
MMMR

Between your own accounts

Mercato tops up its reserve account from its main account.

Parent's keyNo entity_id
Scenario 2
MMNS

Pay another Nuvion customer

Mercato pays an invoice to Northwind Supplies, who also bank with Nuvion.

Parent's keyNo entity_id
Scenario 3
ATMM

Child pays its parent

A seller settles its monthly listing fees with Mercato.

Parent's keySends entity_id
Scenario 4
MMAT

Parent pays a child

Mercato pays a seller their weekly earnings.

Parent's keyNo entity_id
Scenario 5
ATTC

Between two children

One seller buys stock from another seller on the marketplace.

Parent's keySends entity_id
Scenario 6
ATNS

Child pays another customer

A seller pays an outside supplier from its own account.

Parent's keySends entity_id
Scenario 7
NSAT

Another customer pays a child

Northwind Supplies pays a seller for a wholesale order, using Northwind's own key.

Their own keyNo entity_id

What every send does

  1. Create a counterparty. The recipient, once. Mercato remembers it for the next send.
  2. Add a payment detail. The recipient's Nuvion account number, as a book-transfer.
  3. Send the transfer. It is successful straight away. The sender also pays a fee on top.