Top Banner
PAY IT FORWARD 3 Key Challenges in Payment Processing
13

Retail payments slideshare

Mar 20, 2017

Download

Business

Stefan Ralle
Welcome message from author
This document is posted to help you gain knowledge. Please leave a comment to let me know what you think about it! Share it to your friends and learn new things together.
Transcript
Page 1: Retail payments slideshare

PAY IT FORWARD3 Key Challenges in Payment Processing

Page 2: Retail payments slideshare

E-COMMERCEand MOBILE makePAYMENTS criticalto the customer journey.

The rocketing growth of

Page 3: Retail payments slideshare

56percentage projected growth in global e-commerce spending

from 2015 - 2018

Page 4: Retail payments slideshare

370percentage predicted rise in mobile payments in the UK

by 2020

Page 5: Retail payments slideshare

SUPERIOR CUSTOMEREXPERIENCE

throughout the buyer journey.

Merchants have made great strides in delivering a

They need to ensure that the final step in

the journey – PAYMENTS –

is just as smooth.

Page 6: Retail payments slideshare

DERAIL A SALE,

Weak payments can do more than

they can hurt long-term customer loyalty &

DRIVE CUSTOMERS TO A COMPETITOR.

Page 7: Retail payments slideshare

Satisfy customer demandsfor payment options & localization.

#1Challenge

Page 8: Retail payments slideshare

SEAMLESS, SECURE

Today’s omni-channel customers expect a

checkout across multiple touchpoints, including:

E-commerce

Smartphones

Tablets

Cashless in-store payment

platforms

Page 9: Retail payments slideshare

Meet security, privacy &regulatory requirements.

#2Challenge

Page 10: Retail payments slideshare

FRAUDThe rising threat of

in your ability to

PROTECT

erodes customers’CONFIDENCE

their data as much as it hurts your bottom line.

Page 11: Retail payments slideshare

Minimize complexity across the payments ecosystem.

#3Challenge

Page 12: Retail payments slideshare

COST &

INTEGRATIONS

increase as merchants attempt to manage

COMPLEXITY

across legacy point of sale, newer mobile and digital payments, and global e-commerce channels.