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How a payments executive increased sales close ratios by 250%

How a Fortune 500 payments executive increased sales close ratios by 250%

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Learn how a Fortune 500 payments executive increased sales close ratios by 250% by making it easier for customers to apply.

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Page 1: How a Fortune 500 payments executive increased sales close ratios by 250%

How a payments executive increased sales close ratios by 250%

Page 2: How a Fortune 500 payments executive increased sales close ratios by 250%

Their boarding process lost sales

because it was slow

Now it wins accounts because it’s lightning fast

Erik Wilting
You need to add some sort of titiel that indicateds these stats relate to the merchant boarding process
Page 3: How a Fortune 500 payments executive increased sales close ratios by 250%

They solved a front line sales problem.

Page 4: How a Fortune 500 payments executive increased sales close ratios by 250%

“[We need] an easier, speedier onboarding process.

We just need to get our customers setup as quickly as possible because it means we make commission quicker as

well.” - Telesales agent, top-five payments acquirer

Page 5: How a Fortune 500 payments executive increased sales close ratios by 250%

Their old process took two weeks to onboard a customer. Look familiar?

Page 6: How a Fortune 500 payments executive increased sales close ratios by 250%

Now they move customers through application, validation and approval

in 15 minuteswith

Page 7: How a Fortune 500 payments executive increased sales close ratios by 250%

They connected their CRM, underwriting platform, and other IT with automated ID verification

and credit score services.

Page 8: How a Fortune 500 payments executive increased sales close ratios by 250%

Real world results: 96% reduction in time to onboard a customer

So their team can process

more applications.

Page 9: How a Fortune 500 payments executive increased sales close ratios by 250%

Make your product easier to buy than your competition, or you will find your customers buying from them, not you.”

- Mark Cuban

Page 10: How a Fortune 500 payments executive increased sales close ratios by 250%

Now customers return applications in 4 hours, instead of 14 days.

Page 11: How a Fortune 500 payments executive increased sales close ratios by 250%

“We can now, while that merchant is on the phone… get the

documentation out to them. And I think the fastest we have ever had a document returned was within thirty

minutes. And that’s fantastic.”- Head of SME Telesales, top-five payments acquirer

Page 12: How a Fortune 500 payments executive increased sales close ratios by 250%

Rapid Customer Onboarding for the electronic payments industry

Check out the next slide to hear about Rapid Customer Onboarding from Global Payments UK

Page 13: How a Fortune 500 payments executive increased sales close ratios by 250%

Rapid Customer Onboarding for the electronic payments industry