“Checkout.com, the cloud-based payments service provider, today announces the launch of Integrated Platforms, a fully flexible, bespoke solution to support marketplaces and sellers in an evolving digital economy. Amidst the continued acceleration of marketplace adoption, up to 70%[1] of ecommerce is expected to take place on marketplaces by 2025. As cost of living increases and inflation continues to outpace wage growth, the number of people selling on marketplaces has increased by 200%[2] since 2020, as they look to supplement their primary income. By 2027, marketplace sellers will account for 59%[3] of global ecommerce sales. Among these sellers is an emerging category of “micro-entrepreneurs”, who make up more than half of online marketplace sellers (56%)[4] across industry segments such as food delivery, ride-hailing and luxury goods.”
Checkout.com Launches Integrated Platforms to Meet Surge in Global Marketplace Growth
PR Newswire
