When Payvision launched Acapture a little over one year ago, we knew that a new type of payment service provider (PSP) was needed. Payment processes were not in step with the pace of modern retail. Major PSPs were still relying on bloated, inflexible payment solutions from previous decades, which were slowing down their clients’ growth.
As we built our new platform, we put flexibility and data science at its heart. The flexibility would ensure each client got a solution crafted to their needs, while the data aspect meant changes could be made to improve conversion rates as the client used the solution.
This allowed us to develop a set of tailored solutions for major retail sectors, giving every merchant the precise tools and data analysis they need to survive and thrive in their industry. These solutions are at the heart of Acapture’s new website.
This site makes things as straightforward as possible. Using the ‘industries’ menu at the top of the page, you can quickly locate your perfect solution regardless of how much payment knowledge you have.
If you want to maximize your consumer base, a generic payment service isn’t enough.
These are not off-the-shelf products, however. While the solutions have been crafted by our experts to provide all the payments tools companies in these fields need, they can be further adapted and tailored to each individual client’s sales model.
In the dynamic environment of modern retail, this sort of personalization is essential as the needs of one sector differ massively from the needs of another. Take for example online travel agencies (OTAs).
While their business is booming worldwide, OTAs are still regularly held back by overly-complicated transactions. Their product is comprised of various elements from various suppliers in various countries. An OTA will need to divide the cash from each purchase between all suppliers, convert it into the correct currency and release it in accordance with local regulations.
Our OTA solution comes with SlicePay, an innovative tool that handles all of this time-consuming work as part of an automated, rapid, reliable system. SlicePay is also integral to the solutions we tailor for shared economy companies, franchises, online marketplaces and manufacturers too.
Another good example is the gaming sector. Like travel, it’s massive but brutally competitive. Gaming merchants with weak or unsuitable payment solutions are at a major disadvantage as they fight for a bigger market share.
One essential is that their gamers can make quick purchases that don’t interrupt gameplay. Another is that they get clear, concrete data on consumer behavior so they can fine-tune their product and stay ahead of their rivals.
That’s why our tailored gaming solutions offer one-click and recurring payments, ensuring gamers pay and play without disruption, while tokenization, data science and flexible reporting mean the merchant gets a 360 view of the consumer.
These are just two examples, but they demonstrate how important it is for companies to find payment services that deal specifically with their sector’s major payment concerns. If you want to maximize your consumer base, a generic payment service isn’t enough. Partner with a data-driven expert in your industry and use a tailored solution designed to maximize your revenue.
Are you looking to find the perfect solution? Then start your search on our industry pages above. Or, if you want a more in-depth chat about what Acapture can provide, I’d love to talk to you. Get in touch here.