Liquidity Services deploys Flywire tech for domestic and cross-border B2B payments
Flywire Corporation has partnered with Liquidity Services Inc. to enhance its payment capabilities for both domestic and cross-border B2B transactions. This collaboration comes as Liquidity Services celebrates 25 years in the global e-commerce marketplace, having facilitated over $15 billion in transactions during that time.
By integrating Flywire's technology, Liquidity Services aims to streamline its payment processes and improve transaction efficiency. This partnership reflects a growing trend towards the adoption of specialized payment solutions in the B2B sector, addressing the complex needs of global commerce.
Key takeaways
- ▸Flywire technology will be used by Liquidity Services for B2B payments.
- ▸The partnership focuses on improving both domestic and international transaction efficiencies.
- ▸Liquidity Services has a history of over $15 billion in transactions over 25 years.
Why this matters
The integration of Flywire's payment technology positions Liquidity Services to better compete in the B2B payments landscape, particularly in the increasingly important cross-border segment. This could enhance customer experience and operational efficiency, potentially leading to increased market share for Liquidity Services in the evolving e-commerce market.