Marketplace operators will benefit from a top-tier service that enables participating merchants to offer a wide variety of payment methods which include not only card payments but additionally TWINT, iDEAL, Bancontact, Alipay and more.
Post-transaction, the solution of Worldline and CashSentinel ensures the secure flow of funds and the correct distribution to the various parties involved. The solution automates and simplifies payments between the marketplace and its merchants and reduces the administrative burden on all participants, enabling them to focus on their core business.
The combined offering is fully compliant with PSD2 (European Payment Service Directive) regulations.
CashSentinel is a leading escrow payment service provider and has broad knowledge in client onboarding, fund splitting of baskets involving multiple parties per transaction and processing associated money flows. The Fintech company has proven to be successful being the winner at Worldline´s recent e-Payments Challenge 2019 for the category “Account splitting credit card transactions” for Messe Frankfurt.
Choosing the right payment solution is crucial for the success of any marketplace, as the customer journey must be secure and as smooth as possible, from the very start all the way through to the order and payment processes. It is important to ensure positive buying and selling experiences for customers and marketplaces providers alike.
Worldline, as leading acquirer and payment service provider (PSP), has extensive experience in servicing online merchants with its industry-leading card acceptance and PSP solution.