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How advanced acquiring can cover

all in-store and online needs

complexities, merchants must look to the market for
available expertise that offers centralized reconciliation, a
single view, competitive rates for each transaction made
and the facilitation capabilities to make the full payments
process as easy as possible.

The end result is a seamless payment solution with
simplified integration and certification processing,
along with eased reconciliation, fast settlement and zero
disruption for retailer—meaning they can focus on what
they do best: providing quality goods and services to their
loyal customers.
Challenging the status quo

Advanced acquiring is challenging the status quo by
providing game-changing payments technology to cover
By Lee Jones all in-store and online needs. With alternative payments
becoming the norm in many countries, offering the
Ingenico, a Worldline brand preferred payment methods in those specific markets is
vital to boost conversions and drive customer loyalty.
erchants are under pressure to up their game
and redesign and restructure every aspect of However, the multiplication of payment methods across
the customer journey as the world around various channels requires a partner able also to process
M them rapidly shifts to digital channels due to and centralize all these payment methods into a single
both consumer demand and the global pandemic. platform and provide clear monitoring. It is for this reason
that the solution provides not only acceptance but also
Part of this is payments, which has remained relatively payment processing. Critically, this type of advanced
unchanged for years. But it has meant that brands have acquiring offers increased flexibility for retailers,
had to make significant adjustment in the definition of including consolidated reporting, pricing controls, and
what "digital commerce" really entails. An omnichannel cross-border capabilities.
approach presents the brightest hope for developing new
revenue streams. Having full visibility over the payments process will
Confronting a huge undertaking empower retailers to avoid having to deal with fraud risks
and unforeseen fluctuations in consumer behavior or
However, the intricacies of acquiring and ensuring transaction volumes, as well as manage costs effectively,
a smooth customer experience still represent a huge thereby increasing room for further growth and profit.
undertaking. Many brands are still managing thousands
of transactions at one time or have a payments function Optimizing all payment needs through one provider
that is set up separately per channel and/or geographical It is important to choose a partner who is acquirer
area. agnostic and has global expertise in payment technology,
card acceptance and acquiring. This is because it provides
As they scale, they can easily sell on an international or the foundation for a consolidated payments system. Such
global level with multiple acquirers, but this can increase partners provide merchants with the tools that help them
risk when it comes to reconciliation or even jeopardize manage business performance proactively, keep one step
connectivity, which could result in multiple failed ahead of the game and serve their omnichannel customers,
transactions and revenue loss over time. Therefore, it is who are keen to buy whenever, wherever and however
important that they know how to take their business to they want.
the next level.

The acquiring paytech shaping the market today This means that they will only need to work with the
one provider for all their payment needs, safe in the
In the new world of commerce successful companies knowledge that acquirer agreements will be managed
are leveraging their payment data to optimize and on their behalf. The consolidation the entire payment
grow the business across multiple channels. To remove flow with a single partner translates into significant cost

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