The platform of Bluesnap Online Payments :
They’re here to highlight some trending features, most of which are exciting new additions to the BlueSnap platform. So They are going to cover today your wallet stuff with direct debit, 3d secure chargeback management, and marketplace payments. They’ll do some at the end, so their all-in-one platform has been designed to accelerate commerce, which means they can support you whenever you need to clock payments. So whether that’s online mobile checkout on your electronic invoices through your marketplace or integrated payments for platforms on subscriptions, or if you are taking orders over the phone, they have a virtual terminal to help you process Payments. That way, you can connect to us with our API or hosted pages or any of our 100-plus integration partners; this slide has a sample of their partners. But you can see it’s all the major shopping cart providers and other e-commerce platforms.
Bluesnap has a complete list on its website. If you don’t see one on there that you like, let us know; having the online platform means you are likely not managing multiple gateways and other platform integration. If you do, they should talk about how they can help you simplify your e-commerce life. So regardless of how you choose to connect to us, that single integration has everything you need for global and mobile e-commerce. So they’re pr-integrated with two dozen acquiring banks with 100 plus payment types, including all significant digital wallets. They’re connected with the Best of Breed providers for fraud prevention and chargeback management.
Updates of Bluesnap online payments :
Bluesnap will update you on the areas highlighted in orange: global payments, wallet fraud prevention, and chargeback management. So kicking off with global payments, our update is on a direct debit, a new payment type that they just recently added to our family of global payments. So separate direct debit, for those unfamiliar, is more or less an ACH for the EU, so it’s a standard Direct Debit payment method supported by all EU countries; it’s for making payments in the euro currency it supports subscriptions. It has a considerable number of potential users, over 500 million. For context, that’s twice the number of active credit cards in the EU, so if you are selling to customers in Europe or thinking about it, SEPA is a must-have payment method.
Approximately 20% of e-commerce payments are made with direct debit in AU right now; that will probably remain pretty stable, but a significant chunk of payments. So it’s available in our API and our hosted pages if you want to get started in wallets, not a new product announcement; they’ve supported Apple pay visa checkout master path for a long time. One of the first providers of visa checkout and master bath, the update is just about how exciting the growth has been in the last few months. So they looked at what we see in q1 2018 and compared it to the fourth quarter of last year; even though they’re still working on q1, the wallet spent an aggregate through blue snap, it has more than doubled quarter-over-quarter. The number of transactions is up 38%, and what’s important is that the average ticket is up 55%; the reason why is shoppers are getting more comfortable paying with these wallets.
