Yapstone launches Transact platform

Monday 29 October 2018 11:37 CET | News

Yapstone has announced the launch of Transact, its new payment platform with expanded global functionalities.

The platform is built on a foundation of micro-services, which allows the company to configure tailored solutions, specific to sharing economy marketplaces. New features include the acceptance of global alternative payment methods (APMs), simplified micro-merchant onboarding and payouts, a set of industry-centric APIs, and a comprehensive developer portal.

According to the press release, McKinsey estimates that 162 million people in the US and Europe are providers on sharing economy platforms and PwC predicts that revenues from the global sharing economy will reach USD 335 billion by 2025.

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Keywords: YapStone, transact, marketplace, merchant onboarding, payouts, alternative payment methods
Countries: World