Exploring the Complexity of the Payments Ecosystem: Part 2
Join us for “Exploring the Complexity of the Payments Ecosystem: Part 2,” where Andy McHale, Senior Director of Product at Spreedly, builds on the foundation laid in Part 1 to explore the agile workflows, technologies, and recovery strategies businesses need to optimize transactions, reduce friction, and thrive in today’s dynamic payments landscape.
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
Payments Orchestration 101
Learn the fundamentals on optimizing payment processes using Payment Orchestration, covering diverse partnerships, vaulting strategies, and navigating the build vs. buy decision to enhance their business’s payments ecosystem.
Learning Objectives:
- Basics of Payments Orchestration
- Diverse partnerships and vaulting strategies
- Navigating the build vs. buy decision
Join the next Payments Orchestration 101 e-Learning session here!
Download the Payments Orchestration eBook Below
Payments Orchestration 201
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
The True Cost of Tokenization
This eLearning session will take place in early January 2024 and will explore the typical fees and costs associated with tokenization and examine the areas where costs can come in above expectations. It will discuss how merchants can calculate ROI to help them guide their tokenization strategy.
Learning Objectives:
- Understanding tokenization costs
- Identifying unexpected costs
- Calculating ROI for tokenization
Join the next Payments Orchestration Tokenization e-Learning session here!
Download the Tokenization eBook Below