How to Build Network Effects and Integrate Payments as a Marketplace with Nick Fulton

Marketplaces of the past used to work by collecting money from a card, funneling that money into an operational account, and then bank transfer funds out the account.

Which means: A lot of money sits between buyer and seller.

But what happens when the company holding your money suddenly fails? 

A question asked by Nick Fulton, Co-Founde r & CEO at trustshare, who join s the show to discuss why a marketplace wants to go transactional, changes in regulation, the loss of revenue due to payments made outside the marketplace, and helping marketplaces grow through excellent customer service. 

Join us as we discuss:

  • The lightbulb moment that led to the founding of trustshare
  • B2B & B2C marketplace growth impact 
  • Who’s driving the expectations of payments within the marketplace
  • How fraud is being mitigated

    • To ensure that you never miss an episode of Payments Innovation, subscribe on Apple Podcasts, Spotify, or he re and don’t forget to check out our YouTube! 

    Until next time! 

    Hosted on Acast. See acast.com/privacy for more information.

    Om Podcasten

    The Payments Innovation Podcast: FinTech | Innovation | eCommerce is dedicated to helping business leaders navigate today’s global digital economy. Whether you’re looking to stay informed on the latest in payments technology, listen to experts on the future of eCommerce or simply learn about cutting edge FinTech companies, this podcast is for you. Each episode features an interview with a globally-minded business and tech expert, discussing topics like: global payments, money transfer services, financial innovation and FinTech, eCommerce, APIs, business transformation and more.

    Hosted on Acast. See acast.com/privacy for more information.