Payments Orchestration Updates and Insights
Welcome to the spring edition of Payments Orchestration updates and insights!
Latest Payments Orchestration News
The team at PYMNTS published a new Payments Orchestration article, “A Merchant's Guide to Boosting Business With Local and Alternative Payment Methods” which includes insights from the PPRO team.
“The global payments landscape continues to fragment. New payment methods and ever-evolving consumer expectations have made payment processing increasingly complex, and balancing consumer choice on the checkout page means the payments ecosystem is more challenging than ever for merchants to navigate.”
In an interview published by PYMNTS, "Retailers Demanding More From Payment Service Providers in 2023", Justin Benson with Spreedly shares how our customers’ needs are rapidly evolving.?
“The thought of, ‘How do I capture every incremental sale,’ has now become, ‘How do make sure I don’t lose the sale?’”
Spreedly and Mastercard Implement Click to Pay for International Theater Chain Cinepolis
Recently we completed a project with Mastercard to implement Click to Pay for customer Cinepolis, an international movie theater chain. The initial launch of the program is driving thousands of transactions daily with an increased transaction success rate of nearly 6%.?
The value of Click to Pay is that a user can tokenize their card once then use it across any merchant that accepts Click to Pay. This eliminates the need to pull out a card for every purchase. Payment method data is stored at the processor and can be retrieved for purchase by a series of API calls. This universal description enables ease of recognition for consumers, and signals that a consumer can confidently transact through an easy e-checkout, regardless of the payment card, digital channel or device they use.
Are you adding Click to Pay to enhance your customers’ experience? We can help!
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Industry Insights
Below are topics from our most recent blog posts, payments dialog, and guides that we believe will be top of mind throughout the year:
Expanded Payment Methods Now Available to PayPal Braintree Customers
More payment method options are now available to joint PayPal and Spreedly customers processing through PayPal Braintree with the addition of integrations to Venmo, PayPal Credit, PayPal Pay Later, and ACH payments.?
We’re excited to be able to provide the capability, along with a wealth of knowledge, to enable customers to select the right mix of payment methods for today’s market needs – and prepare for future, unknown needs.?
Contact us for more information.
We will be in person at these events…
We’d welcome the opportunity to connect with you in person! Please reach out to us.?
Happy orchestrating,
The Spreedly Team