Fører auktionsbetalinger ind i det 21. århundrede
Auctionet moderniserer online-auktioner og giver driftsbesparelser via øjeblikkelige konto-til-konto-betalinger.
Baggrund
Auctionet blev grundlagt i 2011 af Niklas Söderholm, tidligere CEO og grundlægger af Bukowskis Market, og Tom Österman, tidligere ansat hos Bukowskis og Åmells. Målet var at skabe en online markedsplads, hvor europæiske auktionshuse kunne sælge deres genstande til købere i hele verden. I dag arbejder Auctionet med 58 auktionshuse og har solgt over 1,8 millioner varer på verdensplan.
Udfordring
For Auctionet var det vigtigt at finde et overkommeligt og ligetil betalingssystem, der fungerede for deres brede og internationale kundebase. Dyre og uforudsigelige betalingsgebyrer, især ved traditionelle oversøiske kortbetalinger, udfordrede det webbaserede auktionsmarked. Derudover var tilbageførsel af betalinger ved kortbetaling et problem, der skulle løses.
Samarbejdet med kundesupporten hos Brite er meget gnidningsfrit. Vi kan tage nye kunder ind ret hurtigt nu, hvilket tidligere har været et problem med andre kort- eller betalingsudbydere.
Solution
Brite’s instant account-to-account (A2A) payment solution offers Auctionet a reliable, transparent, and cost-effective alternative to traditional card payments, and they are tailored specifically to the needs of the auction industry.
Brite’s Instant Payments significantly reduced the unpredictability of cross-border transactions and corporate card fees. This transparency allowed Auctionet to better control operational costs while eliminating chargebacks, which previously posed financial and reputational risks.
The partnership has also streamlined Auctionet’s onboarding process for its growing network of auction houses. Brite’s efficient integration helps Auctionet onboard partners quickly and scale its operations seamlessly. This capability has proven especially valuable as Auctionet expands into the European market, where onboarding new auction houses is critical to its growth strategy.
Today, approximately 20% of Auctionet’s payments for onboarded auction houses are processed through Brite, delivering measurable cost savings and operational efficiencies. Auctionet is now even better positioned to lead the technological evolution of the auction industry, ensuring a modern, reliable payment experience while advancing its role in the circular economy.
Results
Operational Savings:
By integrating Brite Payments, Auctionet has achieved cost reductions. Approximately 20% of payments for onboarded auction houses are now processed via Brite, eliminating the high and unpredictable fees associated with traditional card payments.
Improved Compliance:
Brite’s adherence to strict regulatory standards aligns seamlessly with Auctionet’s commitment to anti-money laundering compliance. This ensures a secure environment for high-value transactions, enhancing trust and operational integrity across international markets.
Streamlined Operations:
Brite’s efficient onboarding and reliable integration processes have enabled Auctionet to quickly onboard new auction houses. This has improved operational efficiency, allowing Auctionet to scale while maintaining seamless payment processes.
Growth and Expansion:
Integrating a scalable, cost-effective payment solution has given Auctionet the tools to strengthen its presence in existing markets and seize new opportunities in the circular economy. Eliminating chargebacks has helped to increase payment satisfaction.
Med Brites straksbetalinger dækker vores garanti kunderne hele vejen til betalingsprocessen, og det er vi stolte over at kunne tilbyde vores kunder.
