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E-Commerce Websites – How do they process payments?

One e-commerce website I'd like to focus on is Lazada.

I've read that they earn through having a commission from their sellers, where they take a certain % of the seller's products once sold. My question being, how does Lazada receive their commission?

There are different ways that a customer can pay a seller. May it be through bank transfers, debit/credit cards, and even cash on delivery. Where does the money "go" and how does Lazada receive it (from the seller to Lazada)?

submitted by /u/windbeaver
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