"Merchant payment and e-commerce managers at e-retailers, digital content providers, subscription services providers, and other business types are familiar with the many moving parts involved in converting sales into payments, and solutions providers have begun to step up their development efforts to tackle these problems as their customers expand into new markets and channels," David Fish, senior analyst at Mercator Advisory Group and author of the report comments. "However, with expansion comes an additional layer of complexity, and thus the vicious cycle persists."
Highlights of this report include:
An in-depth discussion of multiple challenges facing multichannel merchants dealing with complex payment processes
Focused discussion of specific merchant pain points created by myriad factors, including multiple processing systems and devices, multichannel payments, the need to support local and regional payment types, vendor needs to support payment processing globally, divergent payments pricing, disparate reporting formats, and varying regulatory and security compliance standards
Examination of attributes associated with global merchant solutions and analysis of three strategic features that could relieve merchants' burden
Definition and identification of the roles that payment gateways and middleware providers play in the multinational, multichannel space
Conclusions geared toward the solution vendor community as well as payment processing executives within the merchant
One of three exhibits in this report:
This report is 17 pages long and has three exhibits.
Companies mentioned in this report include: Accertify, ACI, American Express, Apriva, Braintree Payments, Chase Paymentech, CyberSource, DataCash, Dwolla, Euronet, First Data, Global Collect, Kount, MasterCard, Merchant E-Solutions, NICE Actimize, PayPal, Retail Decisions, Retalix, Shift 4, Square, Transaction Labs, Transaction Network Services, VeriFone, Visa, and YesPay.
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About Mercator Advisory Group
Mercator Advisory Group is the leading, independent research and advisory services firm exclusively focused on the payments and banking industries. We deliver pragmatic and timely research and advice designed to help our clients uncover the most lucrative opportunities to maximize revenue growth and contain costs. Our clients range from the world's largest payment issuers, acquirers, processors, merchants and associations to leading technology providers and investors. Mercator Advisory Group is also the publisher of the online payments and banking news and information portal PaymentsJournal.com.