TreviPay and Mirakl have created a centralized solution for businesses operating on B2B marketplaces

7
b2b

TreviPay and Mirakl have joined forces to offer a unified finance, invoicing, and payment solution for marketplace businesses.

The companies stated in a news release on Tuesday (April 25) that their strategic agreement unites the global software-as-a-service (SaaS) solution from Mirakl that helps companies manage their marketplace and dropship operations with TreviPay’s B2B payments and invoicing network.

Manufacturers, distributors, and group buying organizations that utilize the Mirakl marketplace will have access to the integrated solution created by this agreement, the company claims.

“By partnering with TreviPay, Mirakl is expanding our ecosystem of proven partners to continue meeting the needs of enterprises across industries, so that every Mirakl-powered marketplace can exceed the expectations of today’s digital-first B2B buyers,” Andy Barker, executive vice president of financial services at Mirakl, said in a press release.

According to research, online businesses are adopting marketplaces more frequently.

In 2021, 61% of merchants that used marketplaces said they were using more marketplaces than they had the year before, according to “Online Sellers: The Future is Multichannel.”