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Welcome to our blog

09
Sep

SCA (strong customer authentication) is fast approaching

SCA requirements are scheduled to go into full effect on 14 September 2019. Here is a quick recap of the most recent updates.

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29
Aug

Enterprise Payment Hubs: A Key to Hypergrowth Success

Today’s fragmented payment stacks are getting harder to manage and are fast reaching a breaking point. That's where Enterprise Payment Hubs come in, offering consolidated solutions that coordinate and manage activities involved in authorizing, processing, and optimizing payments. Learn more about their features and contribution to merchant growth.

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21
Aug

eWallets : What are they and should you add them to your offering?

The use of eWallets is growing and expanding globally, and while the adoption rate of these methods varies greatly among different locations, merchants should start to look into possible integration with such payment methods. This article is designed to give you an overview of what eWallets are used for, which are popular in different locations, and how to decide whether you should add them to your offering.

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08
Aug

Should your business go for an open or closed payment platform?

Just like the ongoing debate between Android and iOS, choosing a suitable payment platform can be a tricky decision to make. Here's what you need to know to make the best decision for your business needs.

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04
Aug

ZOOZ and PSD2 : The important bits you should know

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16
Jul

How to Protect Your Company from Payment Providers Downtime & Outages

Downtime is a terrifying event that can happen to every hypergrowth company. As sales' volume increases and a company's reputation is at stake, customers demand top performance and couldn't care less whose fault it is if their payments cannot be processed. They will abandon their carts - and chances are that they won't be coming back.

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30
Jun

What is Payment Orchestration?

Why Merchants Need a Payments Orchestration Panel

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24
Apr

Understanding your payment data is key to bottom line optimization

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15
Apr

What Are the Pros and Cons of Using Multiple Payment Gateways?

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20
Mar

Having hyper-growth pains?

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29
Jan

What does it take to run an in-house payments operation ?

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15
Jan

How can I make more money? Life of a Head of Payments, Chapter 4

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01
Jan

How do I go global? Life of a Head of Payments, chapter 3

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14
Dec

Should you Build or buy a payments solution?

Many high-tech companies face the build or buy question sooner or later regarding their payments solution. On the one hand, payments are not their core business. On the other hand, the company's revenues are at stake, so every small percentage of improvement could lead to a not-so-small amount of extra income, often critical to the company’s future.

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11
Dec

Six things to consider when building a global payment strategy

Having an online payments strategy has never been more important than it is today. Your global customers have never had so many ways to pay – credit card, debit card, E-Wallet, pre-paid cards, eInvoices, bank transfers – yet many businesses stick at just one or two options without taking into account the preferences of different customers. This is an opportunity for your business. It’s up to your payments strategy to outline how you are going to help these customers use their favorite payment options to purchase the products they want at the right price. If you can achieve this, your business will be more competitive, score highly in metrics such as conversion rate and customer retention, and have more satisfied customers.

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06
Dec

The Life of a Head of Payments: How do I sell online?

The Life of a Head of Payments is a blog series centered around Orly Amrany and her experience as Chief Product & Payment Officer at Wix.

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27
Nov

How To Increase Your Payments Efficiency

The efficiency with which your site processes payments online can have a profound effect on both your profitability and the experience your customer receives. Payments efficiency goes beyond measuring cost per transaction; a truly efficient payments process must take into account other factors, decline rates, and transaction speed. For example, a lower transaction cost is not efficient if the decline rate doubles; the cost of these lost transactions far outweighs the small savings made on each successful sale. Maximizing your efficiency involves taking into account all these different factors to provide the best overall experience and opportunity for revenue. The best possible outcome happens when each individual customer is routed to maximize efficiency.

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01
Nov

Why polyamory is a great approach to your global payments strategy

International eCommerce success requires a local attitude towards payments. Despite this, many businesses take a one-size-fits-all approach, assuming international customers will pay by credit card or debit card through their one payment provider. Unfortunately, it doesn’t work that way. Businesses who stick to just one or two large payment providers are restricting their success and income. You may be used to PayPal and Stripe, but payment methods differ wildly across the world. In many African countries, for example, mobile payments dominate, while in India, bank payments and pre-paid cards are popular. It’s not just about customer preference either. Businesses who stick to a limited selection of payment providers risk becoming uncompetitive due to decreased conversions, reduced acceptance rates, and higher fees. Let’s look at this in a bit more detail…

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31
Jul

Six Ways to Increase Your Approval Rate

As your enterprise grows across geographies you are forced to deal with multiple payment methods in different countries while trying to cut related costs and increase efficiency. You have probably already discovered that declines are a costly headache, especially if you handle vast amounts of payments. Here, we've outlined five ways to increase your approval rate.

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25
Jul

“All Our Dreams Can Come True, If We Have the Courage to Pursue Them.”

ZOOZ was founded eight years ago based on the realization that global payment rails were still using yesterday’s technology and methods. It's been a real crazy ride... Today, we are proud and excited to join the PayU team and work together towards borderless commerce.

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19
Jul

How to improve your customer experience

We all know how significant user experience is for e-commerce websites. However, it is important to remember that your customer’s experience not does not end until the transaction is completed. Research shows that many customers abandon their shopping carts at the payment stage. Do not give your customers a reason to abandon their shopping carts. Ensure the transaction process is fast and simple by using multiple local payment gateways in your online store.

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28
Jun

International Payment Preferences part 2

The fin-tech sector is quite dynamic, with new payment offerings constantly rising and evolving all over the world. The key to higher customer conversion rates is keeping your finger on the payments pulse and providing the most popular payment options to each audience. But be sure to monitor your offerings regularly because the only constant in payments is change, and you really don’t want to be left behind.

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14
Jun

International Payment Preferences part 1

As you can see, payments preferences widely differ by country. Using the preferred payment channel can make or break your business. Choosing the wrong payments channels, no matter the product and marketing can result in low conversion rates and vice versa. In short, to succeed globally, one must cater to local needs.

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