Companies are looking beyond cost reduction to use payments strategically in a way that increases revenues.
Organisations are taking payments more seriously, as they see their rivals using them to secure competitive advantage.
Companies are looking beyond cost reduction to use payments strategically in a way that increases revenues.
We have created the 360° Payments Diagnostic to identify opportunities to increase revenues and reduce the cost of payment acceptance. Opportunities are ranked according to the potential gain and how easy it is to achieve success.
Through the 360° Payments Diagnostic, you can examine the potential for payment products such as gift cards, loyalty programmes or cobranded payment cards. You’ll see how to grow sales revenue by optimising the payment process in digital customer journeys. You’ll uncover opportunities to reduce costs by optimising supplier relationships.
How can EDC optimize your payment strategy?