Marketplaces
Build and scale your marketplace faster
Onboard global sellers, creators, freelancers and more. Accept payments and send funds worldwide without friction – all while staying fully compliant and keeping customers on your platform.
Expand to global buyers and sellers
Accept 160+ local payment methods, and pay out seamlessly to 150+ countries with instant and same day options.
Elevate your payment infrastructure
Create a single, integrated payments experience for buyers and sellers on your platform for easy reconciliation.
Reduce complexity
Manage your funds separately from your sellers to streamline operations and help stay compliant.
Unlock new revenue streams
Differentiate by offering additional financial services, including cards and multi-currency wallets, to boost revenue and retention.
Global payments and financial operations for a variety of marketplaces
Retail and reseller marketplaces
Expand your global reach across buyers and sellers, and provide a smooth, compliant, and consistent transaction experience worldwide.
Gig economy and freelancer marketplaces
Enable gig workers and freelancers to be paid immediately via their preferred payment methods, right after they complete work.
Creator economy
Accept global payments for content, tickets, merchandise, and more, and offer fast payouts to creators and influencers worldwide.
Accelerate Global Growth
Scale with speed, confidence, and simplicity
Attract more international buyers
Collect payments from buyers in 180+ countries in their preferred currencies and payment methods, with a locally-optimised checkout flow.
Enter new markets more quickly and efficiently
Deploy a conversion-optimised, frictionless onboarding experience without the pain of building your own native flow. Plus, use pre-built components for checkout, transfers, Know-Your-Customer (KYC), and more.
Keep sellers happy with fast payouts
Easily pay sellers and service providers in 150+ countries, including instant payouts to their bank accounts or branded cards.
Reduce overhead and save on fees
Split proceeds and route funds to sellers after deducting your earnings on each transaction. Save on unnecessary FX fees with like-for-like settlement.
Consolidate and future-proof your payments stack
Airwallex offers an end-to-end solution for global marketplaces. Facilitate secure payments acceptance from buyers around the world. Programmatically split funds and instantly route proceeds to sellers after deducting your platform fee, even if Airwallex isn’t your primary PSP.
Acquirer Agnostic Payouts
Easily integrate Airwallex with other PSPs
Even if you choose to use another primary PSP, you can still benefit from our global payouts capabilities. Any PSP can settle to Airwallex into a holding account where funds are held until you specify when a seller should get paid. Avoid the pain of onboarding with multiple PSPs - your sellers are onboarded to Airwallex as connected accounts, but won't need to be onboarded to each PSP.
Optimise Marketplace Operations
Manage complex marketplace payments
Simplify compliance needs
Automatically separate seller earnings and your marketplace fees, and stay compliant with US 1099 tax reporting for contractor payouts without extra effort.
Benefit from dynamic onboarding logic
Efficiently grow your seller base with our KYC and Anti-Money-Laundering (AML) onboarding processes, tailored to meet local regulations.
Manage and track payments easily
Automatically send sellers their earnings after deducting your fee, and get clear transaction reports for faster reconciliation.
Manage fewer payout partners globally
Provide a consistent seller experience globally by centralising payouts into a single seller wallet directly on your platform.
Embed financial services
Elevate your marketplace with financial services
Improve seller retention and satisfaction
Differentiate your marketplace by providing useful value-added financial services to your sellers, including multi-currency wallets, spend cards, lending, and more.
Unlock new lines of revenue
Monetise embedded financial services through a variety of avenues, including transaction fees and FX, and flexibly set prices through application fees.
Marketplace Case Studies
golfscape drives financial operations efficiency around the world
The Challenge
golfscape offers a modern, user-friendly platform to instantly connect golfers with exciting destinations worldwide. However, golfscape was limited to processing and settling funds in a single currency due to their provider. Transacting in foreign currencies resulted in exorbitant fees and carried considerable foreign exchange (FX) risk, meaning that they were losing margins. To reach customers and resorts in remote places, golfscape needed a reliable financial infrastructure to be able to transact in multiple currencies via fast and cost-effective channels on a global scale.
The Solution
By partnering with Airwallex, golfscape now has multiple currency workflows, enabling them to process, settle and hold funds in a wide range of currencies. golfscape can process over 100 currencies and directly settle in over 10 currencies. Furthermore, by combining Airwallex Global Accounts and its FX and transfers services, golfscape can make fast, low-cost payouts to its global customer base. Switching to Airwallex has eliminated hidden transaction fees and unnecessary conversions, saving the company considerable cost.
Nivoda cuts through complexity to transform global payments
The Challenge
Nivoda’s innovative B2B platform has changed the way businesses reliably source diamonds, making the process faster, cheaper, and easier. In just a few years, Nivoda now has a presence in 10 countries and serves customers in over 50 countries. With such rapid expansion, Nivoda needed a simple and cost-effective solution to accept high-value wire transfers from multiple countries, while also giving customers the convenience of paying in their local currency. Nivoda also needed to make it simpler for employees to make purchases and eliminate costly cross-border fees when employees travelled abroad.
The Solution
With Airwallex, Nivoda can now automatically create a virtual account via API for each customer. This allows the customer to make repeat purchases from Nivoda in their local currency, regardless of where the customer is based. Nivoda can also easily track and reconcile incoming payments and provide their customers with reassurance that their payment has been received. Airwallex also allows Nivoda to issue multi-currency cards to employees all over the world, allowing them to conveniently make purchases and upload receipts to the Airwallex app.
Resources
Discover the untapped opportunity of Embedded Finance
Airwallex surveyed 1,000 SMBs across five countries and interviewed leading platforms with the support of consulting firm Edgar, Dunn & Company to understand the global appetite for embedded financial services and how marketplaces can improve their customers’ experiences through embedded finance.
Ready to get started?
Talk to our team to design the right solution for your marketplace.