Repay.me Selects Intershop as Engine for new Internet Marketplace
Jena, Germany, November 16, 2017 – German startup company repay.me has selected an Intershop platform as the basis for its brand new global C2C marketplace, due to launch in 2018.
repay.me is implementing several B2C modules of the Intershop Commerce Suite. The omni-channel platform, which combines powerful features for customer experience management, product information management, transaction management, and analytics and reporting, will power new-generation Internet marketplace, repay.me.
The marketplace will be accessible through a premium website and a mobile application and will allow users to purchase and sell any product via auction or fixed price – using traditional currencies as well as repay.me’s own cryptocurrency. As a unique feature, users will receive cashback from revenue generated through advertising.
Intershop’s technology will handle all transactions between sellers and buyers, support the marketplace’s international scope and ensure its smooth operation with risk management, content management and content audits. It will also power the unique cashback processes.
repay.me chose the Intershop solution based on a successful proof of concept with a realistic, cloud-based environment. Intershop’s professional services team is now supporting repay.me with the implementation and development of the marketplace.
Mario Peter, CEO at repay.me, comments: “We are impressed with our close cooperation with Intershop. Not only do we have direct access to competent experts at all levels, we are also delighted with how quickly the team has developed the new features. With Intershop, we have a strong partner for our global launch in 2018.”
Jochen Wiechen, CEO at Intershop adds: “Internet marketplaces have huge potential – we have seen this with eBay and Amazon. What they need is a solid technological basis. Our platform provides the functionality and flexibility and thanks to its strong and open architecture, is the perfect foundation for ambitious growth. repay.me and Intershop are a great match: We are very excited to be partnering with repay.me in making their vision of an innovative marketplace for the next generation a reality.”