The P2P sharing economy has revolutionized the way we access products and services. By allowing companies and consumers to deal directly with one another, platforms like Airbnb and Getaround have forged an entirely new business model. It is also a lucrative one, as P2P marketplaces collect a healthy commission on every deal. This model creates certain payment complexities, however. Indeed, payments are one of the most pressing issues facing the industry, significantly impacting business growth.
Boatsters is an Amsterdam-based ecommerce marketplace that supports agreements between boat enthusiasts and boat owners in various regions across the globe. As a rapidly rising company in the lucrative sharing economy, it needs a payment solution that can deal with complex transactions.