B2B Marketplace as a Service
The marketplace business model is an interconnected integrated ecosystem, owned or operated by any company (not necessarily a financial institution) that brings multiple B2B vendors (providers) and Financial Institutions/Merchants/Retailers (customers) together on a shared platform.
On top of enabling high-quality digital experiences, the marketplace model strategy empowers the operator to add new revenue streams through cross-selling and up-selling with data analytics.
The Solution
4WRD’s platform can be the engine to launch a B2B digital solutions marketplace. The platform provides the tools for providers´ registration and relationship management, as well as allowing integrations with the customer´s core systems whether they are financial institutions, retailers, merchants, or end-users. The operator of a two-sided marketplace benefits from expanding its current digital offering, leveraging data, and tapping into new revenue streams from all the activity registered within the platform.
Benefits
- Time to market
- Low Cost
- PaaS subscription business model
- Data
- New revenue streams
Features
- Branded B2B Marketplace
- Pre Developed standardized API catalog
- API Manager
- TPP management tool
- Metrics & Reporting
- Sandbox and simulated data for testing
- Billing
- Access to curated sets of Solutions (Digital Store)