In this post, we explore what actually happens to customers’ success rates when they use multiple gateways. How do their rates change? What does this mean in revenue?
Our teams are always seeking ways to share resources and educate on how the fast evolving payments industry impacts your business, your customers and their needs. Following is a recent “Business Impact Brief” published by the team at 451 Research (part of S&P Global Market Intelligence) focused on Payments Orchestration and Optimization.
As the number of transactions increase, providing a great consumer experience and accepting payments becomes more critical than ever. And while there are many ways to do both of these, one often overlooked area for improvement is in the payments flow. Welcome to payments orchestration.
We’re seeing more and more merchants choosing to add more flexibility to their payments stack. And that flexibility starts by leveraging a “gateway of gateways” approach.
