Worldpay from FIS Launches Revenue Boost, Maximizing Ecommerce Potential for Merchants
- 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 millionof approval lift in less than 12 months1.
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
One customer saw
$6 millionof approval lift over a 6-month period.
- A customer saw 4% acceptance lift on Black Friday.
$1.2 millionin payment cost savings over a 12 month period, for an individual merchant, from usage of network payment tokens.
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
2 The Worldpay Revenue Boost pilot data, captured between
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
The Worldpay Revenue Boost pilot data, captured between
Senior Vice President