Exploring the Complexity of the Payments Ecosystem: Part 1
Join us for “Exploring the Complexity of the Payments Ecosystem: Part 1," a foundational webinar that traces the fascinating journey of digital payments from its nascent stages to the sophisticated ecosystem we navigate today. Hosted by Amy McHale, Senior Director of Product at Spreedly, this session marks the beginning of a three-part series designed to demystify the complexities of the payments landscape.
In this introductory session, we will delve into the historical rise of digital commerce, from the days of mail and telephone orders to the emergence of global e-commerce giants like Amazon and eBay. We'll explore pivotal developments that have shaped online transactions, including the introduction of crucial security standards like SSL and PCI, and the evolution of technology that has led to the widespread adoption of EMV chips and digital wallets.
Participants will gain insights into the key components of the payment ecosystem, including the roles and responsibilities of consumers, merchants, issuing and acquiring banks, payment gateways, and card networks. We will also explore the evolving journey of a card transaction, highlighting how the increasing sophistication of merchant payment needs adds layers of complexity to this process.
This webinar is essential for anyone looking to understand the fundamentals of e-commerce and the payment mechanisms that support it, setting the stage for deeper dives into open payment platforms in subsequent sessions.
Building on this foundation, Exploring the Complexity of the Payments Ecosystem: Part 2 takes a deeper dive into how businesses can navigate payment complexities through agile workflows. Come back for Part 2 as we will explore vaulting, tokenization, payment method optimization, and transaction recovery strategies—key elements for improving authorization rates and creating a seamless checkout experience.
Learning Objectives:
- Trace the Historical Evolution of Digital Payments
- Identify Key Participants of the Payment Ecosystem
- Explore the Journey of the Card Transaction and How it Has Evolved
Payments Orchestration 101
Learn the fundamentals on optimizing payment processes using Payment Orchestration, covering diverse partnerships, vaulting strategies, and navigating the build vs. buy decision to enhance their business’s payments ecosystem.
Learning Objectives:
- Basics of Payments Orchestration
- Diverse partnerships and vaulting strategies
- Navigating the build vs. buy decision
Join the next Payments Orchestration 101 e-Learning session here!Â
Download the Payments Orchestration eBook Below
Payments Orchestration 201
This eLearning session will provide a brief history of Payments Orchestration and insights into how modern Payments Orchestration can be used by organizations to analyze and optimize payments in ways both new and traditional.
Learning Objectives:
- The core difference and definition of payments orchestration and payments optimization
- Strategies for elevating payment processes to take advantage of revenue optimization opportunities
- Real-world applications of Payments Orchestration for multiple industries and organization types
Join the next Payments Orchestration 201 e-Learning session here!Â
Download the Payments Landscape Survey eBook
The True Cost of Tokenization
This eLearning session will take place in early January 2024 and will explore the typical fees and costs associated with tokenization and examine the areas where costs can come in above expectations. It will discuss how merchants can calculate ROI to help them guide their tokenization strategy.
Learning Objectives:
- Understanding tokenization costs
- Identifying unexpected costs
- Calculating ROI for tokenization
Join the next Payments Orchestration Tokenization e-Learning session here!Â
Download the Tokenization eBook Below