Spreedly
24 Case Studies
A Spreedly Case Study
Ribbon, a global B2B SaaS platform, faced significant challenges scaling its marketplace payments across over 105 countries. Their initial payment solution could not support cross-border settlements or accommodate vendors' pre-negotiated rates with local providers, leading to frustrated users, high customer service workload, and stalled growth. Ribbon partnered with Spreedly to overcome these constraints and security complexities.
By implementing Spreedly's payment orchestration platform with tokenization and a PCI-compliant vault, Ribbon streamlined its global payments. This solution allowed vendors to use their preferred providers while enabling seamless cross-border transactions. As a result, Ribbon launched its new payment system in under three months, decreased declined transactions, and improved vendor satisfaction, enabling rapid international expansion and allowing the team to focus on innovation.