Viva Wallet launches pan-European payments platform

By Gloria Methri

Cloud-based neobank Viva Wallet has launched a pan-European payments platform for eCommerce and shop-in-shop marketplaces. The end-to-end Marketplace Solution supports payments in 24 European markets and provides all the tools to digitally onboard sellers.

Viva Wallet, as a licensed bank and e-money institution, delivers the payment tools necessary to smoothly operate a European marketplace while complying with PSD2 and the new EU DSA and DMA Acts.

It offers marketplaces everything they need to ensure the quality of service, uninterrupted payments, streamlined operations, and thorough reporting. This includes swift onboarding of digital sellers, localized AML, ultra-fast customer checkout, support for over 30 international and local European payment schemes, and a “plug-and-play” Smart Checkout technology that optimizes conversion.

The Viva Wallet Marketplace Solution ensures an effective partnership model for all types of marketplaces, and a reliable purchase journey, from checkout to refunds. Having a presence in 24 European markets, being directly connected to local payment systems, and being supervised by each country’s local Supervisory authorities, Viva Wallet’s infrastructure and regulatory footprint, provide an essential advantage to businesses with multi-country coverage.

“Our Marketplace Solution addresses the needs of any marketplace, from seamless payments acceptance of all payment methods to streamlined operations and safeguarding against non-credible sellers,” said Harry Xenophontos, Director of Global Strategic Partnerships at Viva Wallet. “At Viva Wallet we have literally designed our marketplace solution from the ground up, based on our innovative payments platform, to offer unprecedented payments and productivity benefits to any online or shop-in-shop marketplace in Europe. Our Marketplace product is an out-of-the-box, fully compliant solution all over Europe.”