Lightspeed launches integration with Faire wholesale marketplace
Lightspeed Commerce Inc. (NYSE: LSPD) announced the launch of an integration with Faire, a B2B wholesale marketplace. The integration provides Lightspeed Retail merchants access to more than 100,000 Faire brands directly within their point-of-sale system.
The integration allows retailers to link their existing Faire account directly within Lightspeed Retail. Once connected, merchants can place orders through Faire, with product information including images, descriptions, variants, and cost data automatically syncing into Lightspeed Retail. Retailers can choose to import selected products or automatically create inventory items when orders are placed.
"With this integration, retailers can discover new brands and get those products onto their shelves without adding operational complexity," said Dax Dasilva, Founder and CEO at Lightspeed.
Sanjay Raman, Chief Product Officer at Faire, stated: "By connecting Faire directly into Lightspeed Retail, retailers can move from discovery to shelf faster, without the manual work that typically slows them down."
The integration is designed to reduce manual data entry and errors by automatically importing product data and synchronizing orders between the two platforms. This allows retailers to streamline the process from product discovery to point-of-sale operations within a single system.
Lightspeed operates as a point-of-sale and payments platform serving businesses in over 100 countries. The company is dual-listed on the New York Stock Exchange and Toronto Stock Exchange. Faire operates as an online wholesale platform connecting independent retailers with brands globally.
The integration is now available to eligible Lightspeed Retail merchants, according to the company's press release statement.
