13
PAY IT FORWARD 3 Key Challenges in Payment Processing

Reatil Payments Challenges

Embed Size (px)

Citation preview

Page 1: Reatil Payments Challenges

PAY IT FORWARD3 Key Challenges in Payment Processing

Page 2: Reatil Payments Challenges

E-COMMERCEand MOBILE makePAYMENTS criticalto the customer journey.

The rocketing growth of

Page 3: Reatil Payments Challenges

56percentage projected growth in global e-commerce spending

from 2015 - 2018

Page 4: Reatil Payments Challenges

370percentage predicted rise in mobile payments in the UK

by 2020

Page 5: Reatil Payments Challenges

SUPERIOR CUSTOMEREXPERIENCE

throughout the buyer journey.

Merchants have made great strides in delivering a

They need to ensure that the final step in

the journey – PAYMENTS –

is just as smooth.

Page 6: Reatil Payments Challenges

DERAIL A SALE,

Weak payments can do more than

they can hurt long-term customer loyalty &

DRIVE CUSTOMERS TO A COMPETITOR.

Page 7: Reatil Payments Challenges

Satisfy customer demandsfor payment options & localization.

#1Challenge

Page 8: Reatil Payments Challenges

SEAMLESS, SECURE

Today’s omni-channel customers expect a

checkout across multiple touchpoints, including:

E-commerce

Smartphones

Tablets

Cashless in-store payment

platforms

Page 9: Reatil Payments Challenges

Meet security, privacy &regulatory requirements.

#2Challenge

Page 10: Reatil Payments Challenges

FRAUDThe rising threat of

in your ability to

PROTECT

erodes customers’CONFIDENCE

their data as much as it hurts your bottom line.

Page 11: Reatil Payments Challenges

Minimize complexity across the payments ecosystem.

#3Challenge

Page 12: Reatil Payments Challenges

COST &

INTEGRATIONS

increase as merchants attempt to manage

COMPLEXITY

across legacy point of sale, newer mobile and digital payments, and global e-commerce channels.