Authorization Optimization - The Paypers Interview with Rene Siegl

Why you should optimize your existing payment strategy before you expand
December 14, 2020 | News

IXOPAY Founder & Executive Chairman Rene Siegl talks to the specialist payment publication The Paypers on the importance of authorization/acceptance optimization. This interview is part of the Cross-Border Payments and Commerce Report, a must read for those operating in more than one market.  

The pandemic has affected everyone from solution providers to retailers. We have all had to adapt to the new circumstances. With more and more people going online to make purchases, retailers in the digital environment (digital goods) saw an increase in turnover, while our retail and travel customers faced unprecedented challenges.

Rene Siegl
"Entering into new markets without a solid payment strategy might get the job done, but you will suffer in the long run."
Rene Siegl
Founder & Executive Chairman, IXOPAY

This switch to online purchasing has seen some retailers expand into new markets and others focus on a specific niche. What they both have in common is the need to have as many authorisations as possible. To find out what challenges eMerchants face, and how they can overcome them with the help of a provider agnostic payment orchestration platform read the full The Paypers interview with IXOPAY’s Founder and Executive Chairman Rene Siegl in the Cross-Border Payments and Commerce Report, here.

About The Paypers

The Paypers is the Netherlands-based leading independent source of news analysis for the global fintech, payments & ecommerce industry. Its products are aimed at payments, ecommerce and risk & fraud professionals at merchants, payment services providers, processors, financial institutions, fintech companies, technology vendors. It has a special focus on global major trends and developments in digital channels, digital transactions, digital identity and securing transactions.

Please find more information about The Paypers here:

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IXOPAY is a payments orchestration platform enabling independent, flexible and global payment processing. As a highly scalable and PCI-DSS certified “fintech enabler”, IXOPAY fulfills the needs of large merchants as well as those of “white label” clients: payment service providers (PSPs), acquirers and independent sales organizations (ISOs). The modern, easily extendable architecture offers smart transaction routing & cascading, state-of-the-art risk & fraud management, fully automated reconciliation and settlements processing, comprehensive reporting as well as plugin-based integration of acquirers, payment service providers and alternative payment methods (APMs).

IXOPAY is part of the IXOLIT Group, founded in Vienna, Austria in 2001. With local entities in Austria and the USA, IXOLIT supports national and international customers across various industry verticals. The owner-led and -financed company has grown from 2 to more than 65 employees and is focused on building innovative solutions for eCommerce.

Please find more information about IXOPAY here:

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