retail payments pay it forward!

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PAY IT FORWARD 3 Key Challenges in Payment Processing

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Post on 22-Jan-2018

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PAY IT FORWARD3 Key Challenges in Payment Processing

E-COMMERCEand MOBILE makePAYMENTS criticalto the customer journey.

The rocketing growth of

56percentage projected growth in global e-commerce spending

from 2015 - 2018

370percentage predicted rise in mobile payments in the UK

by 2020

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.

DERAIL A SALE,

Weak payments can do more than

they can hurt long-term customer loyalty &

DRIVE CUSTOMERS TO A COMPETITOR.

Satisfy customer demandsfor payment options & localization.

#1Challenge

SEAMLESS, SECURE

Today’s omni-channel customers expect a

checkout across multiple touchpoints, including:

E-commerce

Smartphones

Tablets

Cashless in-store payment

platforms

Meet security, privacy &regulatory requirements.

#2Challenge

FRAUDThe rising threat of

in your ability to

PROTECT

erodes customers’CONFIDENCE

their data as much as it hurts your bottom line.

Minimize complexity across the payments ecosystem.

#3Challenge

COST &

INTEGRATIONS

increase as merchants attempt to manage

COMPLEXITY

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