Payments Consulting Network

"If customer accounts aren't instantly credited, they will turn to competitors." This is highlighted in an interview between Marc Cregan, Senior Business Development and Strategy Manager (Payments), UK and Ireland, Flutter Entertainment Plc, and Mangala Martinus, Managing Director, Payments Consulting Network and Merchant Advisory. To meet customer expectations, Visa Direct, Mastercard Send, and open banking have been implemented, ensuring 94% of withdrawals are instant. Significant investments in fraud prevention and a redesign of payment flows have halved customer inquiries and increased acceptance rates. With future innovations like network #tokens, #biometrics, and #AI on the horizon, the payment landscape is set for transformation. Cregan also discussed the benefits of industry associations like the Merchant Advisory Group (MAG) in driving innovation and shaping regulatory discussions within the #payments For more insights, continue reading on the website: https://lnkd.in/gzFtmTSs

The 17th annual Pay360 Awards, which will be held on October 2nd at the JW Marriott Grosvenor House in London, is a prestigious event that celebrates companies revolutionizing payment methods. Don't miss out on this incredible opportunity, including: • 950 attendees for an evening of celebration, entertainment & networking • C-level executives: 50% of attendees are C-level and above • 8 hours of networking with industry decision-makers • 21 winners selected by our independent panel of 80 judges from over 300 nominations • Legendary after-party to make lasting memories with industry colleagues   Secure your spot now! 🏆 https://lnkd.in/gfHu5nMm #PAY360Awards #Networking #Payments

Just a few days away from Seamless North Africa 2024! ⏰ Get ready to engage with industry pioneers and explore the future of fintech and e-commerce. Don't miss this opportunity. 📅 2 – 3 September 2024 📍 The Egypt International Exhibition Centre | New Cairo Register for free now! 👉 https://bit.ly/4eh0Piq

The future of secure payment processing lies in leveraging advanced tokenisation solutions. PCI Tokenisation replaces primary account numbers with unique tokens, reducing the costs and risks associated with storing sensitive card data. Network Tokenisation, provided by card networks, offers additional benefits like maintaining updated card information, resulting in fewer transaction failures and a frictionless customer experience. By adopting agnostic #tokenisation strategies, merchants can optimise payment routing, ensuring higher authorisation rates and reduced processing costs. Discover how these advanced solutions can benefit your business, here: https://lnkd.in/dwY_WWsG With permission from Forter, this article has been republished. #PaymentSecurity #PCI

The Digital Currency Conference, organised by Currency Research, is a premier event focusing on the technology and design of Central Bank and Private Digital Currencies. On September 23-24, 2024, the event will be held at 155 Bishopsgate, a stylish conference venue in London's Bishopsgate at Liverpool Street Station, to bring together policymakers, regulators, and technology experts to network and discuss all aspects of digital currencies. With this year's theme “Views on Use: Exploring actionable and real-life use cases and the importance of the user experience.”, the event will delve into practical implementations of digital currencies and emphasize the critical role of user experience in their adoption and success. Use code PITW10PCN for a 10% discount upon registration. https://lnkd.in/gDSj7huv 🔍 Follow our LinkedIn page for more event news and announcements!

Starting to accept online payments can be complex, but #PayFacs and #ISOs simplify the process. These intermediaries manage relationships with payment processors and banks but differ in their involvement, risk management, and technology use. PayFacs are ideal for larger businesses needing quick setup and detailed transaction visibility, while ISOs offer flexibility and multiple processor options for smaller businesses. Discover which model suits your business needs best. Explore the pros and cons of each model to make an informed decision, here: https://lnkd.in/d6QsRACg This article was republished with permission from Checkout.com

Today, convenience is key, and digital wallets are taking centre stage. It is predicted that by 2027, there will be over 2.5 billion users of digital wallets, making them a preferred payment option worldwide. But what makes digital wallets so popular? From storing virtual debit and credit cards to managing loyalty cards and coupons, these apps offer unparalleled convenience. Whether it's a closed wallet like Starbucks, a semi-closed one like Paytm, or an open wallet like PayPal, each caters to unique needs. Digital wallets not only simplify transactions but also offer enhanced security features. As we move towards a cashless society, #digitalwallets provide a unified and efficient user experience. For further details on digital wallets and their benefits, head over to our website: https://lnkd.in/dAesWk_2 This article was republished with permission from PXP Financial.

ATM Industry Association (ATMIA) is excited to host the 2nd annual Europe and Emerging Markets 2024 Conference – Advocating for Cash, ATM Security and Payment Choice, at the prestigious Royal Garden Hotel from October 8-10, 2024. Joined by financial institutions, security organizations and consultants spanning Europe, Africa, the Middle East, India, and Pakistan, this year's assembly of A-list speakers will offer enlightening discussions focused on advocating for cash, ATM security, and payment choice, making this an event you won't want to miss! Mark your calendars and register here: https://lnkd.in/dYhrG24m #ATMIAEEM24

Central Bank Digital Currencies (CBDCs) are reshaping our understanding of money. Unlike cryptocurrencies, #CBDCs are digital versions of traditional currency, issued and regulated by central banks. They offer benefits like improved payment efficiency and greater financial inclusion. However, privacy concerns and cybersecurity risks remain. Discover more about how CBDCs can benefit your business here: https://pcn.news/cbdcs This article was republished with permission from Aevi. #DigitalCurrency #DigitalPayments

Join MRC | Merchant Risk Council Southeast Asia 2024 on 7-8 October 2024, at Voco Orchard Singapore. This premier event is exclusively tailored for Asia-Pacific payments and fraud prevention professionals! Don't let this chance slip by—expand your network, exchange ideas, and collaborate on the latest industry developments with top professionals in the field. This event will equip you with practical solutions to bolster your strategies and drive impactful change! Don't miss the opportunity to gain insights from thought leaders, explore cutting-edge content, and stay ahead of the curve in payments and fraud prevention. Register now to secure your spot! https://lnkd.in/gAG22JNv1