Optimizing Payment Conversion in the Telecom Industry According to our data, in the #telecommunications industry, up to 30% of #RecurringPayments may experience failures for both prepaid and postpaid users. This situation impacts the revenue cycle of mobile operators, increasing the risk of customer churn, bad debts, and affecting the user experience. #Bemobi has developed #OmniPay, a solution that optimizes conversion rates in digital payments while simplifying the user journey through three fundamental aspects: 1. With #NetworkToken users can automatically update payment details when a card is reissued or expires. This reduces transaction failures and strengthens the security of sensitive card data. 2. If a payment is not successful, the #SmartRetries system notifies the user to review their payment method. 3. Additionally, the #SmartPaymentEngine provides alternative payment options and notifies the user through the digital #omnichannel solution to choose their preferred channel and payment method. The use of Omni Pay's intelligent recurrence engine has resulted in an increase of up to 20 pp in payment conversion rates for telecommunications companies. Bemobi, Effortless Payments, Endless Possibilities
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Transforming omnichannel payment solutions: OKTO’s Cash-to-Digital & Digital Payments Innovations 🚀 Our CCO, Simon Dorsen, was recently interviewed by SBC News about OKTO’s diverse range of payment solutions and highlighted how they fulfill the unique needs of gaming and betting organizations in today’s competitive landscape. With a commitment to excellence and a knack for turning challenges into opportunities, #OKTO has firmly established itself as a trusted leader in the industry while enriching its expansion into multiple geographies 🌎 Our transformative offerings including the eVoucher cash-based payment methods, our payment gateway with local payment methods, and cross-border transactions to cashless gaming solutions are customized to help merchants streamline their payment operations, boost their productivity, and achieve sustainable growth through digital payments!📈 👉Discover more here: https://lnkd.in/dUsCAwpu #payments #sbc #igaming #digitalpayments #innovation #b2bpayments #digitaltransformation
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#Retailers: According to a poll conducted by Forbes in August, over half of Americans use digital wallets more than traditional payment methods. In fact, Capital One projects global digital wallet users will reach 5.2 BILLION by 2026. That's A LOT of potential repeat customers who you could reach through digital wallet loyalty programs! Interested? Learn how to enhance your loyalty program by allowing consumers to verify personal attributes like their occupation, life stage, or student status for special offers they can access when they pay with a digital wallet here: https://ow.ly/rSgz50Q3hcX #DigitalWallets #Shopping #LoyaltyPrograms #CX #AlwaysOnShopping #ConvenientShopping #ConsumerOffers #WeCanHelp #AskUsHow #SheerIDDelivers
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Implementing an omnichannel strategy is essential for businesses aiming to enhance customer experiences and drive growth. 🚀🚀 #Omnichannel payments enable you to deliver a seamless customer journey no matter the channel, ensuring simplicity, consistency, and convenience in-store, online, and on mobile, and sets you up to take advantage of emerging opportunities like voice-activated payments and VR & AR shopping. 📌 Key Benefits for Businesses: Enhanced Customer Satisfaction: Omnichannel caters to customer preferences, reducing online abandon rates, shortening checkout queues, and fostering loyalty, leading to increased sales and repeat visits. Data-Driven Insights: Omnichannel #payments generate valuable customer behaviour data across all channels. Businesses can leverage this information for smarter decision-making and continuous improvement. Operational Efficiency and Cost Savings: Streamlined processes lead to greater #efficiency, resulting in lower operational costs. Combined with increased sales revenue and improved performance understanding, businesses gain a competitive edge. Payment Flexibility: Omnichannel allows customers to choose the payment method they prefer on every channel they use, ensuring convenience and catering to diverse preferences, including cards, digital wallets, and local payment methods. Future-Proofing: As technology advances, omnichannel evolves to incorporate new technology, such as voice-activated payments, automated services, #cryptocurrency, and #blockchain, ensuring businesses stay relevant and adaptable. A well-planned and implemented omnichannel strategy benefits both customers and businesses, with improved satisfaction, loyalty, efficiency, and overall business performance. Cashflows offers omnichannel payment solutions to facilitate seamless implementation and maximize these advantages. 📈 👩🏫 To find out more about why omnichannel is crucial for businesses looking to grow, why not check out our omnichannel #blog series? #insights #OmnichannelPayments #fintech #cashflows
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As CEO of PayLink Inc., I see this firsthand. Businesses are demanding flexibility, speed, and security in their payment options. Here's what this shift means for B2B players: 1. Embrace the Card Wave: Ignoring the card boom is like ignoring a tidal wave. Equip your business to accept credit, debit, and virtual cards seamlessly. 2. Streamline with EFTs: Automate recurring payments and invoices with ACH transfers for faster clearance and improved cash flow. 3. Don't Discount Third-Party Options: Explore solutions like mobile wallets and digital payment platforms to cater to evolving customer preferences. #B2Bpayments #payments #digitaltransformation #businessgrowth #omnichannel
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Merchants from Benelux, listen up 📣 Did you know switching to MultiSafepay for your point of sale payments can be completely free? That’s because we support the C-TAP protocol! What does that mean? 👉 If your current payment terminal is C-TAP compatible, you can easily switch to MultiSafepay as your acquirer (think switching provider on your mobile phone) - unlocking all the advantages that having MultiSafepay as your payment provider brings 👇👇 ✅ Want to streamline all your accounting operations and improve your business management? That's what our single dashboard comes to! ✅ When the time is right, you can choose one of our next-gen SmartPos terminals to process your in-person payments💪 That's not all. Learn what processing with us can do for your business > https://t.ly/QlB0X #omnichannel #payments
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How to build the best checkout for your Enterprise ? Anna Maj shares her vision and we definitely approuve. Smart Checkout is getting the key for merchant conversion. With ShareGroop’s dataset and smart checkout algorithm, payment expérience become seamless for true. #checkout #conversion #smart
🦸🏼♀️ Innovation Leader 🚀 Strategic Advisor & Investor 🎙️ Keynote Speaker 🌍 Board Member | FinTech Author | TOP 10 Innovators | TOP 10 Thought Leaders in FinTech 🇪🇺🇬🇧
🎯 Seamless payment experience ➕ right #paymentmix ➕ optimal conversion rate are true game changers for online merchants 🎯 🛒 The #conversionrate plays an instrumental role in driving the #ecommerce merchant growth. The average online shopping cart abandonment rate is 70%, out of which 31% results from the flawed payment experience, not adapted to the purchase context and to the buyer’s profile and behavior (Cart Abandonment Rate Statistics 2023 by Baymard Institute) ⚙ For Enterprises with an omnichannel sales and international footprint offering an appropriate payment experience often means a complex integration with multiple #paymentsolutions, including PSPs and #paymentorchestration providers, as well as local and Alternative Payment Methods (APM). All those integrations lead to a hard to manage user experience with complex business processes and workflows driving down the overall #customerexperience #cx. It often comes with an increased workload, especially for Finance and IT teams. 💳 🛍 The smart personalised #checkout is a solution to the problem. It allows #merchants to provide the best payment experience using: 🔀 streamlined workflows 📶 qualified data sets and ⚛ the algorithm analysing various data points: buyer’s profile, device, location, order amount, product types as well as market data such as the best combination of the #paymentmethods and PSP routing. ❇ ShareGroop is a 360° smart checkout platform arming merchants with the tools to provide the best payment experience to their customers. It reduces the payment operations workload by streamlining reconciliation through unified payouts as well as removes the burden of multiple integrations. Thus, not only customers can benefit from the enhanced payment experience, but also #ecommerce merchants. Franck BURGUIERE Richard Kim 🦾 #payments #paymentinnovation #fintech
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"𝐒𝐨𝐟𝐭𝐏𝐎𝐒" 𝐮𝐬𝐞 𝐜𝐚𝐬𝐞𝐬 𝐚𝐜𝐫𝐨𝐬𝐬 𝐝𝐢𝐟𝐟𝐞𝐫𝐞𝐧𝐭 𝐢𝐧𝐝𝐮𝐬𝐭𝐫𝐢𝐞𝐬 𝐭𝐨 𝐬𝐭𝐫𝐞𝐚𝐦𝐥𝐢𝐧𝐞 𝐩𝐚𝐲𝐦𝐞𝐧𝐭 𝐩𝐫𝐨𝐜𝐞𝐬𝐬𝐞𝐬 𝐮𝐬𝐢𝐧𝐠 𝐦𝐨𝐛𝐢𝐥𝐞 𝐝𝐞𝐯𝐢𝐜𝐞𝐬 🔵🔴🟢 🔰 𝐑𝐞𝐭𝐚𝐢𝐥 Retailers can use mobile devices to meet customers anywhere in the store, helping to reduce checkout times. 🔰 𝐌𝐢𝐜𝐫𝐨-𝐌𝐞𝐫𝐜𝐡𝐚𝐧𝐭𝐬 Individual entrepreneurs can quickly and easily accept various forms of payment. 🔰 𝐃𝐞𝐥𝐢𝐯𝐞𝐫𝐲 Enables payment upon delivery, allowing for an upsell opportunity during face-to-face interactions. 🔰 𝐋𝐚𝐫𝐠𝐞, 𝐄𝐧𝐭𝐞𝐫𝐩𝐫𝐢𝐬𝐞 𝐌𝐞𝐫𝐜𝐡𝐚𝐧𝐭𝐬 Development of use cases for large merchants to accept payments on mobile devices, with an example of Sephora planning to utilize #SoftPOS. 🔰 𝐑𝐞𝐬𝐭𝐚𝐮𝐫𝐚𝐧𝐭 Enhances the customer experience by allowing pay-at-the-table processes to reduce wait times. 🔰 𝐓𝐫𝐚𝐧𝐬𝐢𝐭 Facilitates the sale and checking of tickets on board, ensuring payments are processed while passengers are in transit. 🔰 𝐌𝐨𝐛𝐢𝐥𝐞 𝐁𝐮𝐬𝐢𝐧𝐞𝐬𝐬𝐞𝐬 Turns the mobile device into a business hub, handling all business functions, including payments, for on-the-go merchants.
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When it comes to offering secure and reliable payment processing, eProcessingNetwork is a cut above the competition. With ePNPFG, our Payment Form Generator Solution, Salon and Spa owners or individual stylists can generate secure payment form(s) hosted on the ePNSecure Servers, eliminating the need to create a separate eCommerce site. Each payment page is assigned a unique URL, so if owners wants a specific form created for one-time or recurring payments, they have the flexibility. These URLs can be shared through texts, QR codes, emails, Facebook Business Pages, and printed invoices. ePNPFG integrates seamlessly ePNRecur our subscription-based service, and ePNCDM, our customer data management solution so owners can manage repeat clientele for their recurring payments, card account updates, reminders, customer billing information, and promotions. Join Melanie today, February 23rd, at 10:00 AM CT, to learn more about ePN's hosted payment page services. #eprocessingnetwork #epn #resellers #smbs #onlinepayments #contactlesspayments #contactless #nfc #emv #mobile #mobilepayments #ecommerce #bnpl #omnichannel #cashdiscounts #quickbooks #smallbusiness #inventorymanagement #realtime #cloudbased #integration #SDK #CDM #PFG
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The global payment orchestration platform market will grow at a CAGR of nearly 25% until 2030. E-commerce companies better not dally away until then. Relying on a simple Payment Gateway will not cut it. At least not when aiming to improve customer retention, payment failure rate, and revenue. But is the difference between a Payment Gateway and a Payment Orchestration solution actually that consequential? Browse our guide and arrive at the right decision for your business! #payment #paymentorchestration #ecommerce #customerexperience #cx
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In today's digital age, businesses of all types are embracing technology to enhance their operations and, ultimately, boost revenue. Grocery stores, long considered a traditional retail industry, are no exception. By harnessing the power of digital technology, these stores can revolutionize their customer experience, streamline their internal processes, and, most importantly, increase revenue. Ways Digital Technology Can Increase Revenue of a Grocery Store: Contactless Payment Options: Offering various digital payment options, including contactless payments, e-wallets, and mobile payments, caters to customers' preferences and can speed up the checkout process. Read more from our blog: https://lnkd.in/dvsftRzu #digitalbusiness #digital #technology #onlinestore #groceryshopping #reach #software #softwaredevelopment #customsoftwaredevelopment #meetri
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