Online marketplaces have a simple business: connect buyers and sellers. But they’ve changed the way we shop, holiday and get around.
And yet for all their transformative power, they’re still underserved by payment and banking providers. There’s the pain of coordinating and reconciling payments, vendors waiting days, even weeks, for their revenue and the headache of missing payments.
Payments are the life-blood of any online marketplace. It’s time to make them as seamless as possible.
No more manual reconciliation. Route payments automatically between buyers and sellers without the hassle.
Allow your sellers to receive payments in real-time, eliminating common cash flow problems.
Cut the risk of manual data-entry or processing mistakes with our API-based technology platform.
At OpenPayd, we provide a full suite of banking and payments services that you can embed in your marketplace. From bank accounts and virtual IBANs to foreign exchange (FX) services for those making and receiving international payments. All delivered via one smart API.
OpenPayd’s simple, developer-first API delivers Banking-as-a-Service with a modular architecture.
Build a banking and payments service that grows and changes as you do.
Hold, receive, and send money in multiple currencies with unlimited virtual accounts.
Convert funds across 100+ currencies through API-enabled FX with spot pricing and instant settlement.
Make and receive payments locally or internationally with access to OpenPayd’s global banking network.