BlueSnap facilitates its Payments for Marketplaces solution

Wednesday 25 March 2020 12:35 CET | News

All-in-one payment platform BlueSnap has facilitated its Payments for Marketplaces solution that turns websites into global ecommerce platforms. 

With automated vendor onboarding, seamless split payouts, and cross-border payment processing capabilities, the Marketplaces solution offers limitless scalability for businesses to add vendors in their marketplaces and grow revenue.

BlueSnap's Marketplaces solution enables businesses to automatically onboard thousands of vendors in a compliant manner. Companies can set the transaction splits, payment schedule, and payout method, and then BlueSnap handles the distribution of funds. It also provides thorough reporting, which marketplaces can utilise to analyse trends and capitalise on opportunities.

The company’s marketplace functionality processes payments in more than 100 currencies and includes e-wallets like Apple Pay, SRC, and Google Pay. BlueSnap can localise cross-border payments to increase authorisation rates by up to 6% and save up to 1% on interchange fees. In addition, BlueSnap's built-in fraud protection and chargeback management systems minimise risk for the marketplace and its sellers.  

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Keywords: BlueSnap, payments , Marketplaces, B2C, B2B, ecommerce, onboarding, payouts, cross-boarder, compliance, fraud protection, chargebacks
Categories: Payments & Commerce
Countries: World
This article is part of category

Payments & Commerce