Digital Payment Facilitation

Abstract

The primary objective was to address the decision support gap for marketplace platforms regarding in-house payment facilitation and selecting the appropriate licence for this purpose. The research examined the criteria and requirements for in-house payment facilitation and analysed the regulatory landscape and financial licences within the European Union.

The research detailed the criteria and requirements essential for marketplace platforms, including regulatory compliance, operational capabilities, and strategic considerations. Based on these insights, an Excel-based decision framework artefact was developed and introduced to assist marketplace platforms in navigating payment facilitation decisions.