Critical Tactics Accelerating Commerce: The 5 Must-Have Features for Platforms
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Looking to optimize your payments experience, but don’t know what functionality is most important? Picking the right payment platform can be tricky, but we’ve got you covered. In this 30 minute discussion, you will learn about the 5 must-have features you want in a payment platform and why. We will give you the tips and tricks to help you accelerate your business and how to get the most out of your payments platform.
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Critical Tactics Accelerating Commerce: The 5 Must-Have Features for Platforms
- 1. Critical Tactics Accelerating Commerce The 5 Must-Have Payment Features for Platforms
- 2. Michael Misasi Product Manager Jeff Coppolo Global Business Development
- 3. Presentation Overview INTRODUCTIONS THE MARKET THE VALUE OF INTEGRATED PAYMENTS 5 SPECIFIC PLATFORM NEEDS A BETTER PAYMENT PLATFORM Q&A
- 4. A Better Way to Accept Payments in 180 countries HQ in Boston, MA Offices in Silicon Valley, Tel Aviv, London Thousands of customers Company Snapshot
- 5. 30% Cross-border 50%+ MobileFueled by $7T in 2017 The Market is Driving the Next Generation Global B2C eCommerce: >75% Growth by 2020 $4T+ $2.3T in 2017 Global B2B eCommerce: >40% Growth by 2020 $6.7T+ $4.7T in 2017 Sources: Alibaba and Accenture: http://www.alizila.com/cross-border-e-commerce-to-reach-1-trillion-in-2020/ eMarketer, 2016: https://www.emarketer.com/Article/Worldwide-Retail-Ecommerce-Sales-Will-Reach-1915-Trillion-This-Year/1014369 $7T in 2017 $10.7T in 2020
- 6. 1995 Gateways CONNECTIVITY ONLY Basic gateways for card processing Start-up Friendly APIs & MERCHANT ACCT APIs that enable regional card processing 2009 Accelerate Commerce “PAYMENTS AS A SERVICE” Built-in functionality and integrations to optimize mobile & cross-border sales Real-time split payments, co- branding, rapid onboarding 2018 Time for the Next Generation… GEN 1 GEN 2 GEN 3
- 7. The Value of Integrated Payments Better Overall Product New Revenue Streams Product & Revenue Share Customer Stickiness Seamless Payment Experience Get Paid Faster
- 8. 5 Must-Haves for Platforms
- 9. 1 2 3 4 5+ 5
- 10. Industry leading developer hub Detailed integration guides Rest-based APIs, SDKs Multiple integration options Live implementation support 1
- 11. Compliance made easy Managed KYC and underwriting Single connection to global platform 2
- 12. 3 Built-in to scale for future growth Connections to global acquiring banks Global payment types, currencies & languages Local Bank Transfer Wire ACH
- 13. 4
- 14. 5
- 15. 5+ Bonus
- 16. All-in-One Payment Solution to Accelerate Commerce Online & Mobile Checkout Virtual & POS Terminal Subscriptions Invoices
- 18. Gateway Payment integrations Education Platform US EU Asia Latin America Billing/Subscription B2B/B2C Invoicing Alternative Payments eWallets Reporting Marketplaces Businesses Manage too Many Integrations BEFORE
- 19. All-in-one Payment Platform Solves This AFTER All-in-one Payment Platform Education Platform
- 20. Expect more from your payment provider GEN 3 Accelerate Commerce
- 21. Q&A Download the Payment Processing KPI Library: bit.ly/blueKPI @BlueSnapInc
Editor's Notes
- Say aggregation like crazy on GEN 2
- The benefits Seamless experience for shoppers Value-add to their customers by embedding payments in the platform Generating more revenue for the platform/you Embedding payments into the platform makes the customer stickier Harder to leave Too much work to change payment providers
- You should expect more from your payments provider. Should provide guidance, analytics and reporting to help you optimize your checkout experience and acquiring set up for higher conversions. Checkout & payments (Us & Kount)
- Questions Tell me more about how split payments work?