Cyclem chooses Tripartie to secure its platform transactions
Cyclem is the first Swiss application for buying and selling second-hand clothes between private individuals, entirely free of charge for sellers.
Driven by the bold vision of a young Genevan entrepreneur, the application, which was launched in a test phase at the end of 2023 and then in a full version during 2024, quickly won over the public, positioning itself at the forefront of the Swiss second-hand market.
With several thousand users and the ambition to democratize clothing recycling and sustainable consumption in Switzerland, the application is revolutionizing the world of second-hand clothing. Its business model is based on integrated purchases and advertising.
Initial problem
Marketplaces are often plagued by fraud, which undermines user confidence in second-hand platforms. Cyclem, whose mission is to make second hand simple and intuitive in Switzerland, attaches particular importance to the user experience.
That's why Cyclem contacted Tripartie to select the best payment security solution, enabling its users to carry out their transactions with complete peace of mind, coupled with an automated home parcel delivery solution.
The objective is clear: to increase the user base and make Cyclem the must-have application for the second-hand market in Switzerland. By democratizing sustainable consumption, Cyclem aims not only to reduce clothing waste, but also to promote a circular economy that benefits the environment.
Cyclem's ambition
With its ambition to become the market leader, Cyclem is making a point of developing ever more innovative features within its application. Tripartie is delighted to support this young start-up in its development with the Safe Checkout solution.
Founded on the values of sustainability and waste reduction, Cyclem aims to transform the way the Swiss consume fashion by offering an ecological and economical alternative to fast fashion. By the end of 2024, Cyclem will have contributed to the recycling of 8.4 tonnes of clothing, saving 13 million liters of water, a precious resource often wasted in textile production.
Over the next few years, Cyclem has set itself the target of contributing to the recycling of several hundred tonnes of clothing and saving hundreds of millions of liters of water.
Thanks to its modular architecture, the partnership between Cyclem and Tripartie makes it possible to
- Express deployment of the Plug&Play solution;
- Full support from a dedicated project manager;
- Compliance with Digital Services Act regulations;
- A product architecture to support both desktop and mobile versions of Cyclem.
Tripartie enables retailers, marketplaces and large companies to enter the second-hand and consumer-to-consumer market rapidly, without operational or reputational risk.
Our differentiation: an approach based on trust and the resolution of disputes between users thanks to AI.
Founded with the firm intention ofoffering the same quality of experience on the second-hand market as on the primary market to change our consumer habits, this Fintech offers consumers a secure framework for carrying out transactions with complete peace of mind, free from payment and quality risks.