, a new marketplace solution for booking vehicle purchases

Context & Objectives

The newly launched marketplace was seeking a solution for consumers to be able to buy a car online with a downpayment.

They created, an independent and reliable online car market offering a complete range of immediately available and professionally tested vehicles.

The client looked to create a marketplace for consumers to be able to reserve the purchase of a vehicle.

With strict requirements such as:

  • Large amount of dealerships/merchants to be onboarded in a short time frame

  • Traditional payment means (Credit Cards and TWINT)

Worldline Saferpay
Showcase live client

Services provided

→ Regular payouts and weekly reporting of transactions per merchant
→ Opening of a segregated bank account with a FINMA-licensed Swiss Bank, dedicated to the operation of the Marketplace
→ Handling of payments as directed by the marketplace platform for marketplace commission and merchants
→ Performing KYC/KYB on merchants as per legal requirements

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