Leading marketplaces are already partnering with GoCredible. Our split payment method allows your customers to complete their purchases with one single payment, taking the payment processing off your hands. Since marketplaces are subject to PSD2 regulations, GoCredible also takes over all the associated obligations, letting you focus on growing your core business.
The value of Smart Payments lies in its ability to automate payments, ensuring efficiency and transparency. This allows marketplaces to save valuable time and resources while maintaining clear insight into all transactions.
GoCredible’s SplitP solution simplifies the payment process by efficiently distributing payments among all parties: buyers, sellers, and the marketplace itself. This allows a customer to make one single transaction, and all sellers being paid out immediately and seperately.
If you handle third-party funds, PSD2 requires you to have a payment service provider license. Securing and maintaining this license is both costly and time-consuming, often diverting focus from the core operations of marketplaces. GoCredible has this license and takes on this responsibility for you.
GoCredible not only processes payments but also ensures they are secure and compliant with regulations. All clients are onboarded according to the KYC process to meet all Wwft compliance requirements.
“From the start, our collaboration has been fantastic. GoCredible is always actively thinking about ways to keep optimizing our processes.”
The Payment Services Directive 2 (PSD2) is an EU directive aimed at making digital payments within Europe safe and efficient. Due to strict regulations and extensive compliance requirements, obtaining a PSD2 license is a challenging process. Additionally, there are minimum capital requirements for the marketplace. This licensing process takes considerable time and resources, and it is particularly challenging for small and medium-sized organizations.
Curious to know what we can do for your marketplace?
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