Payments features
Marketplace payouts
Marketplace payouts API to power your marketplace growth
Simplify and streamline your marketplace’s financial operations with Fondy’s comprehensive marketplace payouts solution. Effortlessly manage payments and payouts globally, utilising local payment schemes tailored to your currency needs. Whether you’re operating within one country or across multiple continents, ondy ensures your financial transactions, including payments and payouts, are smooth, efficient, and secure through our powerful API.
Flexible payments and seamless payouts
Designed specifically for two-sided platforms and marketplaces, Fondy’s all-in-one fintech solution empowers you with complete control over your payout flows. Automate and customise your payments and payouts, split payments among multiple parties, and localise transactions according to your currency preferences. Our platform is built to adapt to your unique business model, providing the flexibility and scalability you need to grow.
Payments tailored to your needs
Focus on growing your marketplace while Fondy handles the financial intricacies. Our flexible settings allow you to:
– Split payments in any proportion: Seamlessly distribute funds among multiple sellers or partners according to your specific agreements or commission structures, , and automate payouts accordingly.
– Multi-currency support: Accept marketplace payments in over 20 different currencies, enabling customers to pay in their local currency while you settle in yours.
– Accept diverse payment methods: Offer your customers a variety of payment options, including cards, Apple Pay, Google Pay, Buy Now Pay Later (BNPL), and local payment methods.
– Embedded checkout: Integrate our secure and customisable checkout directly into your platform via our API for a seamless user experience.
With Fondy, you can automate your entire payment process through our advanced API, reducing manual workloads and minimising errors. Customise payment distributions, schedule payouts, and manage currencies: all within a single, user-friendly platform. This level of control allows you to focus on expanding your marketplace rather than getting bogged down in administrative tasks.
Automate and customise payment flows
Hassle-free marketplace payouts
Enjoy straightforward payouts with Fondy’s versatile solutions. Process payouts instantly or schedule them according to your business model. Our platform offers:
- Multiple payout options: Choose to send funds directly to bank accounts (IBAN), cards, or utilise virtual IBAN accounts through Fondy Wallets.
- Automated payouts via API: Streamline your operations by automating payouts, reducing manual intervention and increasing efficiency.
- Flexible settings: Tailor payout processes with options for instant or delayed payouts, thresholds, and conditions that suit your marketplace.
- Global reach: Conduct payouts in over 35 countries, ensuring your sellers receive funds promptly, no matter where they are.
Seller onboarding made easy
Accelerate your marketplace growth with our automated seller onboarding process. Fondy simplifies the complex task of bringing new sellers onto your platform by offering API integrations for seller onboarding:
- Automated KYC and KYB checks: Ensure compliance with regulatory requirements without slowing down the onboarding process.
- User-friendly onboarding experience: Provide your sellers with an intuitive and straightforward journey, minimising drop-offs and maximising satisfaction.
- Support for local languages: Facilitate smoother communication and verification by supporting multiple languages in KYC procedures.
- Automated verification: Reduce time and resources spent on manual checks, allowing you to focus on scaling your marketplace through our onboarding API.
Reduce costs, boost profits
Take advantage of local routing for payouts worldwide, reducing money transfer costs and increasing your bottom line. By optimising your financial operations, you can:
- Benefit from transparent pricing: Enjoy clear pricing without hidden charges, so you know exactly what you’re paying for, especially on payouts.
- Increase profitability: Lower operational costs on payments and payouts contribute directly to your bottom line, allowing you to reinvest in business growth.
- Improve cash flow: Faster payouts and reduced fees enhance your marketplace’s financial health.
Advanced control and analytics
Make informed decisions with real-time sales performance data and insights on one easy-to-use platform. Fondy’s advanced analytics help you:
- Monitor transactions in real time: Gain immediate insights into sales trends, customer behaviour, and marketplace performance via our analytics API.
- Generate custom reports: Create reports tailored to your specific needs, whether by region, product category, or seller performance.
- Manage multiple locations: Oversee operations across different countries and partners, ensuring consistency and control.
- Enhance decision-making: Use data-driven insights to make strategic decisions that drive growth.
Security and compliance you can trust
Gain peace of mind with Fondy’s adherence to the highest international security standards. We prioritise the safety of your transactions and the integrity of your marketplace by:
- Conducting stringent KYC and KYB checks: Verify the identities of your customers and businesses to protect against fraud.
- Monitoring transactions continuously: Our systems detect and prevent any abnormal activity or money laundering attempts in payments and payouts.
- Utilising Fondy.Antifraud™ system: Benefit from our proprietary multi-layered security system for added protection.
- Ensuring automated compliance: Stay ahead of regulatory changes with our automated compliance processes, keeping your marketplace secure and compliant without additional effort.
Easy marketplace payouts API
Integrate Fondy seamlessly into your platform via our developer-friendly API, enabling you to manage payments and payouts with ease. Our comprehensive API documentation and support ensure a smooth integration process.
Master Account
Your commission
Partner A
split payment
Partner B payout
Build your financial infrastructure
Create a robust financial ecosystem within your marketplace. Fondy enables you to:
- Set up accounts for your sellers: Manage funds efficiently by creating individual accounts for each of your partners.
- Facilitate instant settlements: Improve cash flow and seller satisfaction by enabling quick transfers within your network.
- Scale rapidly with cloud infrastructure: Our system can scale up tenfold in just one day, meeting the demands of your growing marketplace.
- Manage accounts seamlessly: Experience fast, reliable management of accounts, payments, and payouts within a unified platform.
Dedicated support and personalised solutions
Experience VIP treatment with our dedicated management services. We understand that every marketplace is unique, which is why we offer:
- A personal account manager: Receive personalised assistance to expedite the migration process and address your specific needs.
- Individual payment solutions: Benefit from exclusive payment and payout setups designed just for your platform.
- Custom reports and analytics: Get insights tailored to your business model and goals, , including detailed payout reports.
- Responsive customer service: Have peace of mind knowing that help is always just a call or email away.
Integration and scalability
Fondy’s platform is built for growth, ensuring that as your marketplace expands, your payment infrastructure keeps pace. We provide:
- Cloud-based infrastructure: Upgrade your system rapidly without the need for costly hardware investments.
- Robust API support: Our API is designed to handle high volumes of transactions smoothly, including payments and payouts.
- Future-proof technology: Stay ahead with a platform that evolves alongside technological advancements and market trends.
Customer experience enhancement
Improve your marketplace’s user experience by offering:
- Local payment methods: Cater to customer preferences by accepting payment methods popular in their region.
- Native currency transactions: Reduce currency conversion barriers, making it easier for customers to complete purchases and for sellers to receive payouts in their local currency.
- Seamless checkout processes: Minimise cart abandonment rates with a smooth, integrated checkout experience.
Compliance and regulatory support
Navigate the complex landscape of financial regulations with ease. Fondy helps you:
- Stay compliant globally: We handle compliance across multiple jurisdictions, ensuring your payments and payouts adhere to local regulations.
- Automate regulatory updates: Our system keeps up with changing laws and regulations, ensuring continuous compliance.
- Reduce legal risks: Protect your marketplace from potential fines or legal issues related to non-compliance.
Get started today
Fondy makes it simple for customers to buy and for you to sell, offering all the flexibility and control your marketplace needs. With our comprehensive features and dedicated support, you can focus on what matters most growing your business.
Create a free account
Open a free, no-obligation account now, and we’ll guide you through all the options, including our powerful API for managing payments and payouts. You could start trading today and take your marketplace to the next level.
Request a demo
Request a demo of our marketplace payment gateway and Flow – our multicurrency accounts service today.