Question
I'm building a 2-sided marketplace wherein users can buy + sell advice, and pay for with micro-payments (Fiverr + Clarity = Wisewords.co) here in Canada.
I'm pretty sure I need to hold the funds and let people build their balances before withdrawing, as most of their payments will be less than $10.
Assuming I do hold funds, how big of an undertaking is it to hold funds for users? Are there many regulatory requirements? Any third-party services that do this in Canada?
Answer
