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CoverStory



        Steven Feldshuh
        Betterpay Group

        Betterpay Group – AI implementation overview
        At the Betterpay Group, we understand that AI has
        been introduced  in  several areas by  our processing
        partners—including    risk   management,    fraud
        protection, underwriting and more. However, these
        improvements are not yet transparent or evident in
        our daily operations. We have not observed noticeable
        enhancements in boarding, underwriting workflows,
        risk analysis or within the processor's portal. It's
        possible that these upgrades are either operating behind
        the scenes or still undergoing partial implementation.
        AI impact within our office
           • Data-driven decision making: AI tools have em-
             powered us to analyze trends more accurately,
             allowing for smarter business decisions based on
             real-time data.
           • Sales trend analysis: Understanding merchant
             performance and forecasting behavior has be-
             come far more efficient.
           • Daily support and knowledge access: With AI-
             powered search engines, we're able to quickly
             find accurate answers to the wide range of field
             questions our 100+ agents encounter daily.
           • Automated follow-ups: AI helps us manage and
             streamline follow-up communications to ensure
             our agents receive timely updates and guidance.
           • Terminal analysis: We now use AI to evaluate
             terminal features and recommend the best hard-
             ware solutions for each merchant's unique busi-
             ness type.
                                                                   bluu™ Tab Order is designed to
           • Statement interpretation:  AI has improved our
             ability to decode interchange charts and clarify      help restaurants improve efficiency,
             processing statement terms—enhancing mer-             reduce labor costs, and boost
             chant education and error correction (for example,
             issues like not batching daily or excessive keyed     customer experience.
             transactions).
           • POS  and  processor  comparison:  AI  tools  assist
             us in identifying the ideal POS solutions and in
             creating battle cards to clearly articulate the ben-
             efits of our processors over competitors.
           • Operational support: From drafting professional
             letters and agreements to responding to bank or
             processor inquiries, AI provides significant ad-
             ministrative and documentation support.
           • Lead management:  We have started integrating
             AI tools into our lead tracking and management
             systems, improving outreach and conversion
             strategies.

        It's clear that while AI applications are still maturing,
        the payments industry's embrace of AI has already
        brought about tangible results in efficiency, accuracy
        and productivity.

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