Exploring the Complexity of the Payments Ecosystem: Part 2

Building on the foundational concepts introduced in Part 1, which traced the journey of digital payments from its early days to today’s sophisticated global ecosystem, Part 2 takes a closer look at the tools and strategies businesses need to thrive in this rapidly evolving landscape. In this session, Andy McHale, Senior Director of Product at Spreedly, will guide you through critical components of agile payment workflows designed to improve transaction outcomes and reduce friction at checkout.

In this session, we’ll cover:

• Vaulting and Tokenization: Discover how these technologies reduce fraud risk, support PCI compliance, and improve transaction success rates through lifecycle management and network tokens
• Diverse Payment Methods: Learn about the growing importance of alternative payment options, including digital wallets, Buy Now, Pay Later (BNPL) solutions, instant bank payments, and cash-based vouchers, and how they can enhance customer experiences globally
• Checkout Optimization: Explore strategies for streamlining the checkout process, improving conversion rates, and reducing friction at the point of sale
• Transaction Recovery: Understand how to recover lost transactions and reduce involuntary churn through automated retries and intelligent routing

Learning Objectives:

• Implement agile workflows for more flexible and resilient payment processing
• Leverage vaulting, tokenization, and lifecycle management to enhance security and transaction success
• Optimize checkout experiences to improve conversion and customer retention rates
• Recover lost transactions and reduce involuntary churn through proactive payment strategies

This eLearning session will provide a brief history of Payments Orchestration and insights into how modern Payments Orchestration can be used by organizations to analyze and optimize payments in ways both new and traditional.

Learning Objectives:

• The core difference and definition of payments orchestration and payments optimization
• Strategies for elevating payment processes to take advantage of revenue optimization opportunities
• Real-world applications of Payments Orchestration for multiple industries and organization types

Join the next Payments Orchestration 201 e-Learning session here! 

Download the Payments Landscape Survey eBook

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