How to start a money app for online sellers: multi-currency takings, cards and supplier payments
By SendPay Business · · 2 min read
Online sellers often get paid by several marketplaces, in different currencies, then pay suppliers abroad. Exchange fees eat into thin margins. A money app built for a group of sellers, such as handmade makers or resellers in one country, can save them money and win their loyalty.
What online sellers want
- Accounts that hold more than one currency.
- Cheap, clear transfers to suppliers.
- Payment links and invoices for direct and wholesale orders.
- A card for stock, postage and ads.
Reaching them
Sellers gather in online groups, forums, courses and at trade fairs. Choose one niche, work with the people who run those communities and show real savings on fees.
Things to watch
Be exact about exchange fees and payout times, since sellers compare them closely. Check which currencies your platform supports before you promise anything.
Where SendPay fits
SendPay lets you launch your own money app under your brand, with GBP, EUR and USD accounts, transfers, branded Visa cards, payment links, invoices and subscriptions, powered by licensed partners. SendPay isn't a bank and doesn't offer lending.
Build it
Create your own financial platform.
Pick a template, name it, brand it, preview every page before you pay. Your brand, your users, your fees.
Build my platform →Questions people ask
How do I start an online store platform?
Give sellers a shop front with payments built in.
Online store platforms →What is a multi-currency account?
One account that holds balances in several currencies.
Multi-currency accounts →What are marketplace payouts?
How marketplaces split and send money to their sellers.
Marketplace payouts →Read next
This guide is general information, not legal or financial advice. SendPay Business is a technology company, not a bank, and does not take deposits; regulated services on the platforms are provided by licensed partners. PayPal, Patreon and Substack are named as reference points only and are not affiliated with SendPay Business.