Andrew from AngelEYE has written up a great overview of WC Vendors in conjunction with their extension Offers for WooCommerce. He gives a great intro into payment options and then how their plugin can work within a marketplace. Here is a brief snippet to give you a taste of the article. Be sure to check out the full article.
"Once you set up your WooCommerce store as a vendor marketplace you will have two types of payments. The first payment will be from a customer for a product you are selling. The second will be from your account to pay the vendor using your site for their product, less your commission amount."