Using Data to Optimize Every Stage of the Payments Lifecycle

With European consumers spending more cautiously, merchants must capture as much revenue as possible from every transaction. Yet when it comes to declined payments, $50.7billion was lost to merchants in the US, UK, France, and Germany in 2022. 

How can merchants tackle these challenges? How can they gather better information about their payments lifecycle? And once merchants have the right information - how can this be used to make small optimizations that ultimately drive big differences in performance?

Learning Objectives:

• Gain insight into the current state of payments in Europe, particularly consumer behaviour around declined payments
• Understand the lifecycle of a payment, including exactly where costs for merchants are accrued
• Be inspired by new technologies to review, analyse and tweak journey of a payment

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