Integration will enable users on the Marketplacer platform to transact across borders.
San Francisco, California – Hyperwallet, a leading global payouts provider to millions of independent workers, today announced that it has signed a deal with Marketplacer, a top enterprise marketplace platform experiencing rapid growth. Integrating with Hyperwallet will enable the company to accelerate its expansion by enabling users of the Marketplacer platform to conduct business across borders.
“Until now, buyers and sellers on the Marketplacer platform have only been able to transact with users in the same country,” explained Peter Burridge, Hyperwallet’s Chief Commercial Officer. “Utilizing Hyperwallet’s global financial network, Marketplacer will be able to quickly build out their cross-border payment workflow and expand the transactional boundaries of the platform, ultimately providing more income opportunity for their users.”
Marketplacer will launch with Hyperwallet in the first quarter of 2017, allowing users to manage their outbound payments via a branded self-service web portal. In the near future, Marketplacer plans to integrate with Hyperwallet’s suite of global payout APIs, allowing the company to embed Hyperwallet’s payment functionality directly within the Marketplacer platform. By localizing cross-border payments, the Hyperwallet payout solution is expected to reduce fees and increase the overall value for Marketplacer users.
“Offering our sellers a localized payment experience is very important to us,” explained Marketplacer CEO Jason Wyatt. “Providing greater transparency, reducing currency conversion costs, and providing multilingual payout support services means we can make our marketplaces accessible to all sellers.”
An award-winning enterprise marketplace platform, Marketplacer’s technology is scalable across a wide variety of product, service, and event categories. Designed to make marketplace development easier, the Marketplacer platform powers many successful marketplaces in the United States, Europe, Asia, and Australia.