Online Payment Platform Selects Banking Circle
“Can a Netherlands-based marketplace PSP use Banking Circle's multi-currency infrastructure to deliver faster, cheaper cross-border settlement for marketplace sellers across Europe?”
HQNetherlands
IndustryFintech / Cross-border payments
The story
Online Payment Platform is a Netherlands-based payment service provider (PSP) focused on serving online marketplaces, enabling sellers to receive and make payments faster across borders. The company selected Banking Circle in 2021 to gain access to multi-currency accounts and local clearing methods in a single solution, addressing settlement speed challenges for marketplace sellers on platforms such as Marktplaats.nl, Nature.house, and eBay-Kleinanzeigen. As of 2021, the company was expanding from the Netherlands into the UK and France.
Last 12 months
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Product timeline
2021
Selected Banking Circle to enhance marketplace payment settlement speed and access multi-currency accounts for global marketplace sellers.· banking
The stack
Accounting gap: none