Worldpay from FIS Launches Revenue Boost, Maximizing Ecommerce Potential for Merchants
25 Julho 2023 - 9:00AM
Business Wire
Key facts
- New solution from Worldpay from FIS helps optimize payments on
ecommerce sales.
- Turnkey solution could help deliver new revenue to enterprise
merchants by optimizing payments approvals, while lowering
costs.
- One customer in pilot saw $7 million of approval lift in less
than 12 months1.
Worldpay from FIS® (NYSE: FIS), a global leader in financial
services technology, has today unveiled Revenue Boost, a turnkey
solution, powered by machine learning, designed to help merchants
process more card-not-present transactions while lowering the cost
and risk of taking payments.
With merchants struggling to keep up with evolving network
changes, multiple payment options and issuer preferences, failed
and retried card-not-present transactions are becoming more
frequent, increasing costs. To help enhance merchants’ payment
authorization, streamline costs, and approve all legitimate payment
transactions, Worldpay has launched Revenue Boost, a unified
payment optimization solution.
The turnkey solution, which helps maximize conversions, minimize
costs and reduce fraud for merchants, combines the power and scale
of Worldpay’s payments data with machine learning to maximize
performance. Working with Worldpay’s payments experts, the
solutions’ multiple features can be mapped to a merchants’ specific
needs to help boost revenue on ecommerce sales, while creating new
opportunities to accelerate growth.
Analysis of Worldpay Revenue Boost pilot data2, captured between
May 2022 and April 2023 and based on a minimum of 500k
transactions, saw the following gains for pilot merchants:
- One customer saw $6 million of approval lift over a 6-month
period.
- A customer saw 4% acceptance lift on Black Friday.
- $1.2 million in payment cost savings over a 12 month period,
for an individual merchant, from usage of network payment
tokens.
Gabriel de Montessus, Head of Global Enterprise, Worldpay from
FIS said: “It’s time to rethink the narrative on payments – they
are a strategic lever that can accelerate growth for ambitious
merchants. Worldpay’s solution combines our extensive payment
expertise with the scale of our payments data to help optimize how
merchants take payments. By lowering costs and lifting approval
rates we can unlock the true value of payments for our customers.
We’ve already seen success for some of the world’s biggest brands
and we look forward to working with more to fuel their commerce
globally.”
Worldpay enables merchants of all sizes to take, make and manage
payments across channels, geographies, and industries. Over one
million merchants globally trust Worldpay solutions to power their
in-store, online and mobile transactions, fight fraud, optimize
authentication and tap into value-added services that boost
commerce. Additionally, Worldpay facilitates payouts to a broad
network of suppliers and beneficiaries around the world, with
capabilities to send money to approximately 225 markets in nearly
146 countries.
1 Analysis of Worldpay data captured during Revenue Boost pilot
between Jul 1, 2022 and April 30, 2023. Based on a minimum of 1.5M
optimized transactions. Actual results will vary, and this is not a
projection or guarantee or performance. 2 The Worldpay Revenue
Boost pilot data, captured between May 2022 and April 2023 and
based on a minimum of 500k transactions, is not a projection or
guarantee or performance and actual results will vary.
About FIS
FIS is a leading provider of technology solutions for financial
institutions and businesses of all sizes and across any industry
globally. We enable the movement of commerce by unlocking the
financial technology that powers the world’s economy. Our employees
are dedicated to advancing the way the world pays, banks and
invests through our trusted innovation, system performance and
flexible architecture. We help our clients use technology in
innovative ways to solve business-critical challenges and deliver
superior experiences for their customers. Headquartered in
Jacksonville, Florida, FIS is a member of the Fortune 500® and the
Standard & Poor’s 500® Index. To learn more, visit
fisglobal.com. Follow FIS on Facebook, LinkedIn and Twitter
(@FISGlobal).
Disclaimer
The Worldpay Revenue Boost pilot data, captured between May 2022
and April 2023 and based on a minimum of 500k transactions, is not
a projection or guarantee or performance. Actual results,
performance or achievement will vary and could differ materially
from those results contained in the statements in this release.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20230725353788/en/
Kim Snider, 904.438.6278 Senior Vice President FIS Global
Marketing and Communications kim.snider@fisglobal.com
Fidelity National Inform... (NYSE:FIS)
Gráfico Histórico do Ativo
De Mai 2024 até Jun 2024
Fidelity National Inform... (NYSE:FIS)
Gráfico Histórico do Ativo
De Jun 2023 até Jun 2024