Dynamic Currency Conversion & the Right PSP for your Electronic Payments

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SecureTrading and Travelex's presentation to the WPM User Group, February 2012

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Dynamic Currency Conversion & the Right PSP for your Electronic Payments

  1. 1. WPM User Group EventDynamic Currency Conversion & the Right PSPfor your Electronic PaymentsCatherine Cullen - Western Union Business SolutionsLynne Harris – SecureTrading, A UC Group Company
  2. 2. HOW CAN YOU MAKE SURE YOU SELECT THERIGHT ECOMMERCE PARTNER TO WORK WITH? PEOPLE MAKE THE DIFFERENCE
  3. 3. WHO WE ARE... & +OFFER A COMPLETE 100% END TO END SOLUTIONFOR THE HIGHER EDUCATION AND FURTHEREDUCATION SECTORS, INCORPORATING: Payment gateway solution – hosted &/or API DCC solution Western Union Business Solutions offers a full suite of payments services to the education sector
  4. 4. WHEN SELECTING YOU SHOULD CONSIDERWORLDWIDE, NATIONAL REPUTATION AND REACH System resilience Support statics to endorse system reliability Support team and experience levels Implementation process & discovery methodology Settlement ease & reporting Reporting functionality and archiving Easy on boarding processLIKE WE SAID BEFORE ...IT’S ALL ABOUT THE PEOPLEAS WELL AS THE SYSTEMS & DELIVERY
  5. 5. SECURETRADING SYSTEM UPTIME STATS2011100% Downtime Percentage Unscheduled Downtime Percentage Scheduled Downtime Percentage Uptime Percentage100% STPP - stpay STPP - stapi STPP - STPP - MyST webservices
  6. 6. INFRASTRUCTURE – PAYMENT PLATFORMFULLY MERCHANT Multi-REDUNDANT, DUAL CurrencySITE MOTO Online MobileCONFIGURATIONDELIVERSUNMATCHEDAVAILABILITY The Internet Payment Site 1 Payment Site 2 Payment Gateways Payment Gateways TNS X25 ISDN TNS X25 ISDN Acquiring Banks Acquiring Banks
  7. 7. TRAVELEX SOLUTION INFRASTRUCTURE WPM Travelex Gateway / Barclays Schemes / Issuers1 x item @ £100 £100 1 CheckOut Amount : £100 Cardholder Name John Citizen PAN DCC engine 4564 xxxx xxxx 1234 Expiry CVV2 08 / 2011 123 2 £1 = USD$1.53 Back Proceed Add 2.99% margin (USD $0.0457) =USD$1.58 3 PSP Card SchemesPlease select desired payment option : X 5 USD$158 GBP£100 4 at an exchange rate of 1.58 Back Pay Acquiring host USD$158 USD$158 (Auth, Clear, Settle)Your purchase has been approved. 7 8Original Sale Amount: GBP£100 6Final Transaction Amount: $USD$158Your exchange rate is 1.58 USD$158 inYour receipt # is12345678 Continue GlobalPay USD$158 Merchant receives £100 + DCC share 10 11 9 DCC Revenue: USD$158 – USD$153 = USD$4.57
  8. 8. ACQUIRER PARTNERS & ALL PAYMENT TYPES SecureTrading is SecureTrading supports integrated with ALL major ALL major card payments + acquiring banks both in in excess of 60 other UK and worldwide alternative payment types ‘Out of the box’ fully University benefits from DCCintegrated with the Travelex commission to help offsetDCC engine for real-time f/x merchant service fees quotes – up and running in the UK today
  9. 9. A YEAR WHEN A LOT HAPPENED...LET’S LOOK AT THE LAST 12 MONTHS... ONLY
  10. 10. COMMERCIAL TERMS Rolling annual contracts provided by WUBS and SecureTrading SLAs agreed between University and acquirer, PSP (SecureTrading maintains highest uptime levels in the industry) ST & Travelex have now in place a streamlined onboarding process specifically tailored for HE & FE sector clients No upfront setup fees for DCC No ongoing processing/per click fees for DCC Monthly rebate to Universities for DCC commission share
  11. 11. WHY SELECT SECURETRADING/WUBS/TRAVELEX SecureTrading, WUBS & Travelex are Education sector specific providers forming a natural alliance of key education sector major providers 100% wholly secure, reliable payment processing & end to end solution Travelex are the world’s leading foreign exchange providers & are already integrated into the SecureTrading payment gateway via WPM online store/CPGs This improves the student experience whilst providing a guaranteed income stream via the DCC commission
  12. 12. NEWS YOU SHOULD KNOW Travelex Global Business Payments was acquired by Western Union Business Solutions November 2011 Business as usual – no disruption to contractual agreements or service System enhancements Scholarship!
  13. 13. THE FUTURE SecureTrading & Travelex/WUBS... intend to remain at the leading edge of platform development and integrated payments solutions with our Partners Throughout the UK, USA & Europe there is continual investment in people, R&D and our infrastructure We invite you to view live demonstrations of reporting in the exhibition hall during the rest of today
  14. 14. THANK YOUAny questions?business.westernunion.com

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