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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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How a 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
They solved a front line sales problem.
“[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
Their old process took two weeks to onboard a customer. Look familiar?
Now they move customers through application, validation and approval
in 15 minuteswith
They connected their CRM, underwriting platform, and other IT with automated ID verification
and credit score services.
Real world results: 96% reduction in time to onboard a customer
So their team can process
more applications.
Make your product easier to buy than your competition, or you will find your customers buying from them, not you.”
- Mark Cuban
Now customers return applications in 4 hours, instead of 14 days.
“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
Rapid Customer Onboarding for the electronic payments industry
Check out the next slide to hear about Rapid Customer Onboarding from Global Payments UK
Rapid Customer Onboarding for the electronic payments industry