Think global, act local is easier said than done when running a digital business across borders. This webinar discusses the pitfalls of accepting international payments, explains whats working across different business models and industries, and shares insights and trends in global payments. Also, learn how the right billing solution can help mitigate challenges associated with processing these payments.
1 of 17
More Related Content
Think Global, Act Local: Global Payments Strategies for Digital Businesses
1. Think Global, Act Local
Global Payments Strategies for
Digital Businesses
Nathan Salisbury
Global Market Director,
Gaming
GlobalCollect
Ron Buchanan
Sales Director,
North America
GlobalCollect
2. Agenda
Payment method diversity for increased conversion
Global payments - a complex market
Challenges with accepting global payments
Insights and trends in payment processing
Optimization strategies for global payments
Partnership with Vindicia & capabilities
3. 3
Global payment method diversity
Credit Cards
Local Cards
Real-time bank transfers
Bank transfer
Direct debit
eWallets
Cash payments
Prepaid methods
Checks
4. Global payments: localization and complexities
Amsterdam
Headquarter in Hoofddorp
Covers Europe, Russia, Middle East and Africa
Singapore
Opened in Q1 2008
Covers APAC region
Buenos Aires
Opened in January2010
Covers Latin America
San Francisco
Opened in Q1 2003
Covers North America
5. Payment complexities
Highly varied payment product
preferences by region
Fragmented network of
providers
Hundreds of payment types
Multiple merchant acquiring
and banking relationships
Complex regulatory backdrop
Multiple currencies
Integration complexity
Technical upgrade
management
5
6. GlobalCollect & Vindicia payment consolidation
An unrivaled local payment
method portfolio
Multiple global acquirers
180+ currencies
Consultancy and support for
optimizing your global payments
Business Intelligence, FX
Management
Bank independent
Full service payment provider
Consolidated reporting, and
dispute handling
Proven technology tools for
ongoing fraud management and
prevention.
6
CLIENT
Bank
Transfers
Global
Collect
Direct
Debits
Card
Acquirers
Fraud
Screening
eWallets
Cash
Real-time
Bank
Transfers
Prepaid
Bill
payment
Checks
Invoicing
9. Payment Methods |All Platforms | GC portfolio
9
Frequency
Amount
All
Platforms
Payment Methods Transaction volume and value (flow) | Q3 2012
10. Payment Methods |Gaming | GC Portfolio | Q3 2012
10
P2P F2P*
MMO games - Payment methods transaction
volume and value (flow) | Q3 2012
Frequency
Amount
* Free to play models (incl. F2P Subs, F2P Virtual Currencies, Item Selling, Extensions/Extra levels)
11. Cross screen monetization|Card on file is key
11
Source: Newzoo 2012
22%
of US gamers (2012)
play on all four screens
21%
of EU gamers (2012)
play on all four screens
Gamers increasingly
playing on multiple screens
Recurring/Card on file
capabilities decrease
payment friction
One click payments
Free to play models
changing dynamics of
recurring payments
Shift to payment products
supporting recurring
12. Global payment optimization strategies
Increase revenues by offering more payment options
Offer customers their local preferred payment method = higher conversions
local acquiring channels generally outperform international channels
Accept funds in the local currency = increased conversion rates
Localize and optimize for increased card authorization rates
Multiple acquiring channels connected and fully managed by GlobalCollect on your own MIDs
Accurately track success rates per acquirer/country/currency and optimize
GC manages acquirer routing preferences based
Seamless retries on soft declines/tech failures on secondary card acquirer
Decrease Costs with operational efficiencies
Connect via Vindicia and consolidate reporting across all payment types
Remove time consuming global acquirer and payment product legal/contractual work
Benefit from economies of scale with sharp pricing across the payment product portfolio
Seamless integration and expedited boarding process
Vindicia is a fully integrated partner
Setup of acquirer contracts (tri-partite), MID and TID allocation and the entire operational setup
managed by GlobalCollect
12
13. Multi acquirer card authorization benchmarking & data
Digital goods card
processing
optimization data
Track local vs
international
acquirer uplift
Functional
monitoring
Benchmarking and
trend analysis
13
0.6
0.65
0.7
0.75
0.8
0.85
0.9
0.95
1
MC Top 6 Benchmark - SEP 18/OCT 18
AU
CA
DE
FR
GB
US
0.5
0.55
0.6
0.65
0.7
0.75
0.8
0.85
0.9
0.95
1
Visa Top 6 Benchmark SEP 18/OCT 18
AU
CA
FR
GB
DE
US
14. Who is GlobalCollect
Global bank independent payment service provider
17+ years of experience
Supports multiple global card acquiring channels
Connects wide range of popular global alternative payment products
Manages payment operations reporting/reconcilliation/remittance
Long term clients and numerous strategic partners including Vindicia
+400 tier-one customers with 40% digital/gaming client portfolio
15. Simplifying global payments - Vindicia & GlobalCollect
15
Global payments industry is incredibly complex
Maintaining multiple connections to card acquirers and alternative
payment products involves heavy technical and operational resource
investment
Vindicia Partnership with GlobalCollect has been in operation since 2010
Your connection to Vindicia can enable GlobalCollects international
payment platform
Access the industry leading global payment platform with GlobalCollect
via Vindicia
16. 16
Thank you, any questions ?
Ron Buchanan
Sales Director, North America
T. +1 415.658.5214
E.Ron.buchanan@globalcollectusa.com
Nathan Salisbury
Global Market Director Gaming
T. +31 625 061 803
E.nathan.salisbury@globalcollect.com