Shoptalk Europe 2022: A recap

Shoptalk USA is one of the largest retail trade shows in the world and has been a must-attend event within the paytech industry for years. From June 6-8, 2022, Shoptalk Europe took place in London for the first time. The IXOPAY team was represented at the premiere with a booth and used the opportunity to exchange information about Payment Pains & Gains with merchants worldwide.

Covid19 and its aftermath

Even if there is currently a short pandemic break, Covid19 was also in the foreground at Shoptalk.

Due to its worldwide impact, many classic brick & mortar retailers had to convert to online trading in no time. The merchants themselves also see that not everything went smoothly and that there is a lot of need for optimization. Many merchants are therefore using the current breathing space to scrutinize their setup and create a sustainable basis. 

In the dense jungle of online services and platforms, many merchants have also resorted to the first available payment provider to get their online store up and running as quickly as possible. These setups did their job in the initial waves of Covid, but will they hold up to further waves? Can they be scaled? Do they allow the merchant to grow and expand?

A sustainable payment setup

The clear answer to these questions, which the IXOPAY team heard repeatedly at Shoptalk, was "No." Currently, many merchants are looking for reliable and long-term partners who can manage to optimize their setup and make it scalable. One of these desired partners is IXOPAY, which, thanks to payment orchestration, enables a stable and sustainable payment stack that offers all the functions a merchant needs to grow. 

Payment Orchestration from IXOPAY can manage all online payments via one platform. You can choose from a list of over 150 acquirers, PSPs, APM providers, and banks worldwide to offer your customers the optimal payment methods. Use IXOPAY's Smart Routing Engine and route transactions to the best possible provider. Minimize your risk with the Risk Management Engine, and benefit from over 40 rules that can adapt your business model. Schedule a meeting with the IXOPAY Sales Team, who will be happy to show you the platform’s full functionality. 

About IXOPAY

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 80 employees and is focused on building innovative solutions for eCommerce.

Please find more information about IXOPAY here: https://www.ixopay.com