Liquidity Services Partners with Flywire to Streamline Global B2B E-commerce Payments

Liquidity Services Inc. has integrated Flywire’s payment platform to manage domestic and cross-border B2B transactions across its global e-commerce marketplace. For fintech professionals, this move highlights the increasing demand for specialized cross-border payment infrastructure in the circular economy, where complex asset sales require localized currency options and automated reconciliation at scale.

What was announced

Liquidity Services, a Bethesda-based firm specializing in surplus and idle assets, is deploying Flywire to streamline its financial operations. The marketplace handles a diverse range of assets, from heavy equipment and fleet management to entire plant closures. With a history of over $15 billion in completed transactions, the company serves more than 6 million buyers and 15,000 sellers, including government agencies in the U.S. and Canada.

The implementation allows buyers in over 240 countries to pay in 140 currencies using more than 1,200 local payment methods. Flywire’s technology is integrated directly into the Liquidity Services customer portal via API, enabling a native checkout experience. Key operational improvements include the automation of manual reconciliation processes—which previously involved managing bank transfers and credit cards across multiple vendors—and the inclusion of built-in Know Your Customer (KYC) compliance. Additionally, the platform utilizes a surcharging program to mitigate interchange costs and speed up refund processing. These features are designed to remove friction in complex payment corridors, allowing the marketplace to scale its global sales without increasing the administrative burden on its finance teams.

"Liquidity Services Inc. is on a mission to transform surplus from a burden into a value-added opportunity. And Flywire is a natural fit here. It has turned collecting cross-border payments – a burden on buyers and finance operations – into a growth opportunity."

Kellie Twiss, Head of Product, Liquidity Services

The companies involved

Flywire Corporation, listed on the Nasdaq as FLYW, is a global payments enablement and software company. It specializes in solving complex payment problems for organizations in sectors such as education, healthcare, travel, and B2B. The company’s platform is designed to handle high-value, high-stakes transactions that often involve cross-border complexities and specific regulatory requirements.

Liquidity Services Inc., trading as LQDT, operates the world’s largest B2B marketplace for surplus assets. Based in Bethesda, Maryland, the company has spent 25 years facilitating the sale of idle assets, helping corporate and government clients maximize asset value while promoting sustainability by keeping equipment out of landfills. Its marketplace serves a vast network of qualified buyers and sellers, handling everything from individual items to large-scale industrial closures. The company’s role in the circular economy involves managing secure and compliant transactions for federal, state, and local government agencies across North America, making the security and efficiency of its payment infrastructure a critical component of its business model.

What FF News has reported before

FF News has tracked Flywire’s expansion into various high-growth verticals and its strategic partnerships within the payments ecosystem. In September 2026, the publication covered how Flywire and Davidson Hospitality Group Expand Partnership to Streamline Guest Payments, focusing on operational efficiency in the travel sector. This followed an August 2026 report on how Flywire and Trustly Expand Open Banking Partnership to U.S. and Canadian Markets, which detailed the company's efforts to broaden payment options through open banking. Additionally, in June 2026, FF News reported that Flywire and eTip Partner to Revolutionize Digital Tipping Across 20,000 Global Hotel Locations, highlighting Flywire's role in digitizing niche financial workflows.

What this means

This partnership underscores a broader shift in the B2B e-commerce sector, where the "consumerization" of the payment experience is no longer optional. As marketplaces like Liquidity Services scale, the friction of manual reconciliation and fragmented payment methods becomes a significant barrier to growth. By offloading these complexities to a specialized provider, marketplaces are effectively outsourcing their regulatory and operational risk. This puts pressure on traditional banks and legacy payment processors that lack the API-first flexibility to integrate directly into proprietary customer portals. The move also highlights how crucial localized payment methods have become for the circular economy, where cross-border liquidity is essential for moving surplus industrial assets.