Acquirers face a multitude of challenges in ecommerce today: technology shifting away from legacy systems, fulfilling dynamic merchant needs, fending off the rise of alternative payment methods, deploying solutions for fraud prevention, and many more.
Ecommerce-based growth is providing acquirers with huge opportunities, but the market is becoming more and more diluted as the rise of digital innovators steadily decreases acquirers’ market share. This means that acquirers’ margins are being squeezed and they cannot compete solely based on price. They now need to offer merchants more bang for their buck through adaptable solutions and value-added services.
So how can acquirers carve out space for themselves in an increasingly crowded ecommerce market?
In a detailed eGuide, ACI Worldwide presents a comprehensive range of solutions to acquirers in the booming, yet fragmenting, ecommerce sector.
Find out how acquirers can compete and win in the eCommerce sector by making use of advanced software as a service solutions, and maximise their flexibility and responsiveness.
In the constantly changing world of commerce, innovation is not a fad but a necessity to address new consumer behaviours and purchasing experiences resulting from globalization and new technologies. It is required to continue to help merchants adapt to changing interactions with their customers, whatever the channel or service.
When RBS suffered a payments failure last year, we witnessed exactly how a serious disruption to service can have an impact on customer trust, company reputation, and share price. How can financial organisations mitigate the risk of having a similar incident?
The number of consumers using a mobile device, including a smartphone and a tablet, to make payments has tripled in the last year, according to a new study from Visa.
The exponential growth of online commerce and the corresponding explosion of payment technology have led to a fragmented market, making way for development of solutions for every need on the global market. However, while this evolution makes for a sophisticated payment ecosystem, there are still several barriers to overcome, says Christoph Tutsch, founder and CEO of ONPEX.