Prioritizing global payouts: A guide for gobal marketplaces.
Why marketplaces need to invest in real-time global payouts to meet the needs of cross-border sellers.
Marketplaces have rapidly reshaped the online retail space by facilitating services for buyers and sellers to create a seamless experience for all stakeholders. However,
as platforms look beyond domestic markets, cross-border growth will require a new approach to the seller experience, particularly when it comes to seller payouts.
In a rapidly expanding market for online retail, the loyalty of sellers is not a given. A 2023 report found that 56% of businesses sell on more than two marketplaces compared to 50% a year ago – while 62% of sellers surveyed plan to sell on more marketplaces in the next year.
Acquiring, retaining, and growing sellers across borders will require a new approach to payment processing and management. Here, we explore how payouts can help both B2B and B2C platforms shape their seller experience – without adding additional work for sellers or internal teams to accelerate expansion and revenue.
GUIDE UPDATE
Coming soon.
We are still preparing this guide. Talk to our team in the meantime.
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