Small Optimizations, Big Performance: Using Data To Optimize Every Stage of the Payments Lifecycle

MRC Santa Clara 2023
Stripe, Ding, CMSPI, Forter
Sep 20, 2023

With the global economy contracting and US consumers spending more cautiously, it’s essential that merchants capture as much revenue as possible from every transaction. Yet when it comes to failed payments, as many as 65% of merchants say they are not given data to understand why payments are going wrong.

How can merchants gather information about their payments lifecycle more effectively? And once they have the data - how can this be used to inform small optimizations that ultimately drive big differences in payments performance?

Learning Objectives:

  • Gain insight into current state of payments in the US, through new proprietary data.
  • Understand lifecycle of a payment, and exactly where costs are accrued that can be reduced.
  • Learn from real-life peer use cases where small optimizations made a big difference to on-the-ground performance.

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