Expanding mobile payment solutions
E-commerce platform, Sellfy has expanded its payment options to include credit card processing using Stripe in North America and Paymill in Europe (reports StrategyEye). The Latvian startup, which is backed by Skype founder Toivo Annus, allows users to upload files from their computer and advertise products with a ‘buy-now’ URL. While the site previously only offered PayPal as it’s only means of payment, the company hopes the addition of credit card processing will expand the service’s appeal and boost adoption.
The platform is gathering popularity among users including self-publishing writers as it only charges a 5% transaction fee compared to 30% charged by Amazon. Developed by the Lithuanian StartupHighway accelerator the site has 9,000 sellers and 16,000 listed products on sale.
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