Motorhome Depot becomes the first merchant to benefit from the joint offering, enabling a seamless digital transaction journey and same-day pay-out to sellers in the UK.
emerchantpay, a leading global payment service provider and acquirer, has partnered with LoopingOne, a deal flow platform for high-value transactions, to enable a fully digital transaction journey for Motorhome Depot, Europe’s largest motorhome marketplace.
The collaboration combines LoopingOne’s streamlined marketplace deal flow capabilities with emerchantpay’s payment infrastructure, bringing KYC verification, payment processing and funds settlement into a single digital transaction workflow for Motorhome Depot in the UK.
Motorhome Depot is the first merchant to benefit from the joint offering by emerchantpay and LoopingOne, which is available to businesses and marketplaces in the UK and Europe.
Simplifying high-value transactions through a digital workflow
Motorhome Depot connects motorhome sellers with prospective buyers through its nationwide network of brokers. Once a sale has been agreed, brokers can use the LoopingOne platform to manage the transaction digitally, replacing a previous manual payment process with an integrated workflow.
emerchantpay provides payment processing services within the LoopingOne platform, while the solution enables funds to be paid out to the seller on the same day following a successful transaction.
Sigurdur Gudmundsson, Chief Commercial Officer at emerchantpay, said:
“High-value transactions require payment infrastructure that gives every participant confidence while keeping the experience straightforward. Working with Looping One and Motorhome Depot demonstrates how a complex deal can be simplified within one digital journey. This solution is an important milestone and establishes a strong foundation for further shared success. We look forward to extending these capabilities to more businesses with complex, high-value transaction requirements.”
Mark van der Suis, Director and Co-founder at LoopingOne, said:
“LoopingOne brings the different steps of a high-value transaction together in one digital workflow. By integrating emerchantpay’s payment capabilities into the platform, we can provide Motorhome Depot’s brokers and their customers with a straightforward way to manage the transaction from verification and payment through settlement, while enabling sellers to receive their funds quickly.”
Lucy Garbett, Financial Operations Manager at Motorhome Depot, said:
“Buying or selling a motorhome is a significant transaction and we want the process to be as straightforward as possible. Our collaboration with LoopingOne and emerchantpay gives our broker network a single digital environment for transactions and the ability to receive their funds promptly.”
Simplify your payment processes with emerchantpay
Looking to streamline complex transactions and deliver seamless payment experiences for your customers? Discover how emerchantpay’s payment solutions can support your business.
Contact our team to discuss your payment needs.