Mangopay’s Post

Part 2 of my blog has been published! In this part, I share a technical, under-the-covers look at how we achieve local acquiring. Our payments team at Paddle built a sophisticated rules engine to power payment routing and smart retries. Managing multiple merchant accounts is complex, but a great way for merchants to increase their payment acceptance rate.

#Payments is a trojan horse to more profitable exits for SaaS companies but I think the most important aspect of the payments value add that often gets overlooked is data ownership. It is not a “nice to have” in payments, yet it is often treated as such. If you just want to take a payment, there are dozens of vendors who will happily help. But almost none provide you with the merchant KYB/KYC onboarding data in addition to processing data. Instead you have to fight for it and pay expensive bills once you need it. On the other hand, if you have this data, you have options. You have the option to renegotiate your agreement with your current payments provider. You have the option to move your processing volume to another provider. You have the option to combine your processing volume with the acquiring company’s existing volume for better rates and terms. This optionality that comes with it is a huge multiplier for your exit valuation. It’s your data, your control, your future 💰. Make sure you don’t overlook this.

Decision process to add payments to your platform.

Want to boost your marketplace revenue? Start with optimizing your payment process❗ When payments run smoothly, it not only creates a better experience for buyers and sellers but also drives growth on your platform 💻In our latest article, we share the best strategies on optimizing payments — from offering diverse payment methods to managing cross-border transactions. 👉 Check out here how to start maximizing your revenue https://bit.ly/payop334

We've all been there — learning something the hard way and inevitably costing ourselves money 💸 For instance, what's a mistake you’ve seen ecommerce companies make when it comes to managing their declined transactions? Or have made yourself? Share your stories and help others from making similar mistakes! I’ll go first… 1️⃣ Managing declined transactions manually. 2️⃣ Attempting to rebill daily. 3️⃣ Using multiple recovery tools. 4️⃣ Retrying in bulk. 5️⃣ Using a rules-based system that doesn’t leverage available payment level data to optimize rebill date. 6️⃣ Not leveraging multiple gateways, putting businesses at risk of loading up declines on a single MID.

Checkout our new blog post on optimizing international checkout to help you increase conversion rates! 🌍💰 Check out our top 5 tips to streamline the process and make it easier for customers around the world to complete their purchases. ✨ Multi-currency checkouts ✨All inclusive landed costs ✨Multiple payment options and more! Read more here: https://hubs.li/Q02rX_2w0 #internationalcheckout #conversionoptimization #ecommercegrowth

Did you know, the biggest cost of your payment solutions probably isn’t fees? Join us tomorrow for a deep dive into global payments and the hidden costs of cross-border commerce in our webinar, "The Growth Dilemma: How to Fuel Global Growth While Controlling Payment Costs", hosted by MRC | Merchant Risk Council. Gain insights on: ✅ Reducing Cost Uncertainty: Deep dive into interchange fees, scheme fees, and pricing models. ✅ Simplifying Payment Complexities: Master local, intra-region, and cross-border transactions. ✅ Perfecting Your Tech Stack: Learn about tech integrations that improve conversion rates without hurting revenue. ✅ Maximizing Profitability: Discover strategies for improving treasury management and boosting profits. Secure your spot now: https://lnkd.in/e23A6xV4 #Webinar #CrossBorderPayments #PaymentStrategies

We've all been there — learning something the hard way and inevitably costing ourselves money 💸 For instance, what's a mistake you’ve seen ecommerce companies make when it comes to managing their declined transactions? Or have made yourself? Share your stories and help others from making similar mistakes! I’ll go first… 1️⃣ Managing declined transactions manually. 2️⃣ Attempting to rebill daily. 3️⃣ Using multiple recovery tools. 4️⃣ Retrying in bulk. 5️⃣ Using a rules-based system that doesn’t leverage available payment level data to optimize rebill date. 6️⃣ Not leveraging multiple gateways, putting businesses at risk of loading up declines on a single MID.

International payments are complex and many merchants, as they scale, look for ways to increase global conversion rates and costs saving. Join Hedi Hayouni tomorrow on Rapyd's webinar with MRC | Merchant Risk Council as he dives deep into international payments and shares valuable insights which you can use to boost your conversions and profitability. Sign up link is: https://lnkd.in/eqQg-DAe

If you like geeking out over payment stats, you'll love my recent post on the Revenew blog 👨💻😍 I can't stress enough how important intelligent pricing tools are for digital platforms to truly prosper. Margin losses or gains compound and this post demonstrates how a small change in a platform's pricing strategy could have resulted in a +15% increase in revenue. 📈 #cfo #payments #intelligentpricing #platforms #strategy #customergrowth