Edgar, Dunn & Company (EDC) recently completed comprehensive research for the white paper "The Evolving Needs of Today’s Marketplace. Leveraging payment technology as a growth catalyst", commissioned by Nuvei Corporation (TSX: NVEI and NVEI.U) that discusses payment best practices for marketplaces.
“Marketplaces face numerous complexities and need to constantly look at how the changing requirements of buyers, sellers and various external stakeholders impact their business model”, says Greg Toussaint, director at Edgar, Dunn & Company. “Being at the centre of this intricate ecosystem, marketplaces now need to introduce new payment functionalities and solutions that cater to the needs of their local and global audiences.”This whitepaper discusses key payment challenges for marketplaces:
- Buyers/sellers onboarding
- Pay-ins and pay-outs
- Payment acceptance
- Regulatory constraints
- Financial reconciliation
To download the full whitepaper, click HERE