Supporting payments between marketplace operators, sellers and buyers.
Simplify your finance reporting, easily calculate commissions and make pay-outs in a straightforward and standardised manner.
Eliminate Batch Files.
Avoid the need to upload batch files and trigger payments to merchants through an API call.
Control FX Conversions.
Use our virtual IBAN accounts for local currency pay-outs and make FX conversions at competitive wholesale rates.
How It Works.
OpenPayd’s platform is the go-to solution for marketplaces looking to streamline processes, provide added convenience to their users, and generate extra revenue. Our proprietary technology enables businesses to automatically trigger payments through an API call.
Streamline your processes by seamlessly connecting your back office/treasury to the OpenPayd platform.
Our platform provides customers with the ability to collect, convert and settle in multiple currencies.
Eliminate laborious manual processes and trigger bulk payments through API calls.
Increase payment cycles to boost the frequency sellers get paid. This improves your service offering and provides a more attractive proposition.
Our platform stores all payment data so you can download account statements and keep track of all transactions.
Each merchant payment account can be segregated by allocating a unique virtual IBAN to make payments into.
Combining card payments with a streamlined pay-out mechanism can provide your business with better traceability of all the data between sellers and buyers.
We know that the speed of payments can be an issue within the travel marketplace sector. Our platform helps businesses overcome these challenges. In addition, we can provide wholesale FX rates for your business.
No matter what your business model is we have banking and payment solutions for the different types of merchants on your platform.