STRATEGY SERVICES
Payment Strategy
Commerce is evolving at a rapid pace and your Payment Strategy must evolve with it. The payments industry is consistently introducing new products and services to meet consumer needs for faster, safer, and more convenient methods of payment. Continued introduction of new payment types and changing security standards combined with evolving vendor capabilities and legislative requirements creates a complex landscape to navigate. Building an effective Payment Strategy that complements your overall strategy while meeting consumer needs creates a competitive advantage by leveraging supplier solutions with internal capabilities and is now more important than ever.
W. Capra has a proven methodology for Payment Strategy development which examines an organization’s goals and competitive landscape to identify current and future requirements and the solutions to deliver each. Our vast experience working with organizations and payment solution providers across multiple channels (retail and digital) within numerous verticals allows us to bring a unique perspective to each client engagement. Combining our experience and our established methodology helps ensure the payment strategies delivered are obtainable, executable, and provide a clear roadmap for achieving your organization’s goals.
Latest Insights
- Why You Need to Take a Deeper Look at Your Fleet Offering Whether an organization maintains an existing proprietary fleet offering or is evaluating their third-party fleet payment providers, one of the most common barriers that retailers face when attempting to gain incremental market share is that their offering assumes a universal need across the fleet portfolio.
- Electronic Benefits Transfer (EBT) State-Level ChangesThe states of California and Oklahoma have recently decided to issue EBT EMV cards in a move designed to mitigate fraud. While the theory remains that this implementation will help to protect consumers, in practice the payment facilitators have not received the specifications to code to, and therefore will not be ready to accept these cards at the anticipated time of issuance.
- 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.
