TRANSFORMATION SERVICES
Cost Optimization
The cost associated with taking a payment is made up of many different layers, each with different interrelated components. While it may be easy to reference and track your merchant statement each month and think you have a handle on your costs, modern companies need to understand that this is just the tip of the iceberg. Cost optimization involves an examination of the entire current payments system, looking at everything from interchange and processor fees to equipment, providers, architecture, security, PCI compliance, payment methods, and much more.
W. Capra helps clients to establish a baseline and identify potential issues or areas of opportunity. Using this baseline, we compare the current solutions to alternatives and new technologies in the field to confirm that the best options have been employed. In today’s world, this comparison analysis is especially important as payment technology continues to change rapidly, which inherently affects the total cost of acceptance for your organization. As thought leaders in the commerce space, W. Capra works with industry leaders and innovators to optimize costs for a variety of merchants.
W. Capra supports organizations in making immediate and short-term adjustments to current payments system to reduce costs. These adjustments can include interchange optimization, least cost routing, contract renegotiation and more. From our years of experience as cost optimizers, we also help companies make informed choices for employing new strategies in the future, such as offering new payment methods or changing the payment system architecture to employ a gateway or multiple acquirers.
There are no one-size-fits-all answers to cost optimization, so W. Capra works to understand, breakdown, and analyze every payment system before making customized—and ultimately optimized—recommendations.
Latest Insights
- Why do you need a partner to lead your technology and payment implementations?For a merchant to unlock the full potential of new technology, partnering with the expertise of an organization like W. Capra is crucial. Conversely, for a vendor whose platform or product has been selected by a merchant, ensuring an efficient and effective implementation can help establish strong client relations and get your organization on the path to revenue recognition more quickly.
- Why should merchants work with W. Capra on their Fraud Management program?The most frequently stated struggle for fraud management teams is how to manage new areas of fraud to prevent lost revenues, but this is not where the only focus should be; successful programs do this while mitigating friction in their consumer experience.
- What’s In Store for Retail: Industry Trends to WatchWhile uncertainty around the state of the economy lingers due to inflation, retailers have remained focused on roadmaps centered around new technology and experiences to keep customers engaged. Here we examine the top trends retailers should be watching.
