Adds a new revenue model for your business.
Wholesale Solutions is started by Buckaroo for e-billing companies, independent software providers and financial institutions. These companies can add and resell payment solutions to their customers in a one-stop-shop proposition. Obtaining a payment license and setting up a risk department is not necessary in this construction.
E-billing companies, software suppliers and fintech companies can use Buckaroo’s wholesale solutions to offer a resell payment solution to their customers via a one-stop shop solution. We facilitate all related licensing services, including: onboarding, transaction monitoring, risk, reconciliation.
Incorporating payments into your product can provide a better customer proposition. Especially at a time when the margins of software suppliers are increasingly under pressure, offering integrated payment services can be an important unique selling point (USP) in the battle for customers. After all, the customer no longer needs to onboard separately at a PSP, but can access the payment services directly with you, the software provider.
“As the world becomes even more global, it is pivotal to have a global payment service offering. With Wholesale Solution financial companies get the opportunity to scale their business and add complementary revenue models.”
— Maurits Dekker, CCO Buckaroo
An additional advantage for you as a supplier is that you have full control over and insight into the payment process. Because you gain more knowledge of how your customers pay (and can therefore offer better customization) your conversion rates will increase. Moreover, because payments will function as a KPI (key performance indicator), you will gain more insight into opportunities within your financial process.
Upscaling your business quickly without having to worry about payment issues such as laws and regulations, supervision and risk management: a direct link with a whitelabel payment solution can bring software providers a lot of benefits.
Download the white paper written by MTSprout in collaboration with Buckaroo.
The popularity of revenue models based on recurring payments is perfectly understandable: subscribers provide recurring revenue and stable turnover. Nevertheless, the question keeps cropping up in the boardroom: how can you implement this new business model in practice?