The future of marketplaces is about more than just facilitating transactions—it's about creating a complete financial ecosystem that supports both buyers and sellers. By integrating financial services directly into your platform, you can go beyond payments and become an essential partner in your sellers' success.
This comprehensive approach allows you to offer a suite of valuable services, starting with:
- Seller Wallets: Integrating seller wallets keeps funds within your ecosystem, allowing sellers to store funds, manage transactions, and receive payouts conveniently. This not only increases user engagement but also enables sellers to manage their global payments without incurring additional currency conversion fees.
- Seller Wallets: Issuing branded physical or virtual debit cards gives sellers quick access to their earnings. Every time a card is used, you can earn a percentage of the transaction through interchange fees, creating a steady, new revenue stream.
- Seller Wallets: You can turn customer data into powerful credit offerings, from point-of-sale financing for buyers to working capital loans and revenue-based financing for sellers. This provides sellers with the capital they need to grow their businesses, bypassing traditional banking complexities.
An overwhelming 83% of sellers are interested in accessing more financial services directly through their marketplace, highlighting the strong demand for these offerings. By providing these solutions, you can significantly boost seller retention, enhance customer experience, and unlock new revenue streams from fees, interest, and commissions.
Ready to transform your marketplace and differentiate yourself from the competition? Download our full report to learn how embedded finance can become an essential lever for your growth.