November 1, 2023
2 min
As autumn is taking its final lap, we’re excited to share our October recap with you. Explore our latest updates 👇
Platform updates
A bunch of technical updates and upgrades have been made this month. Here’s what our Development team has been up to:
- Implemented Card Bindings or featured merchant account for card. If a transaction is successfully processed through a specific MID, the system automatically binds the card and that MID and assigns the highest priority to it in the payment routing scheme. By using card bindings, businesses can significantly reduce the number of declined payments and increase conversion rates.
- Introduced the H2H Apple Pay feature (Web). From now on, merchants can place the Apple Pay button wherever they want on their website and give it a touch of their brand's personality (aligned with Apple’s guidelines). The H2H Apple Pay feature eliminates the hassle of redirecting to external payment pages when paying via Apple Pay, adding convenience to customers' payment experience.
- Enabled the configuration of Commerce account options per payment service. Now merchants can adjust their setup according to different payment options, including the following models: turn on the ‘Remember me’ feature only for card payments via a certain currency, and turn it off for others due to regional specificities; apply different HPP designs for card payments and Apple Pay payments; allow to process partial payments via certain options (e.g. in Bank Transfer Invoicing, when a user deposits a part of the sum); turn off repeat payments for H2H integrations and enable them for alternative payment methods to boost conversion.
What’s on ‘Payment agenda’?
In October, we’ve released three new episodes of our podcast series. Our seasoned speakers delved into a wealth of knowledge on topics ranging from payment data to the boundless potential of blockchain technology beyond cryptocurrencies. They also explored the fascinating applications of distributed ledger technology (DLT), tokenisation, and VR. If you haven't had the chance to watch them yet, now is the perfect moment to do so:
- Online Gambling Fraud Exposed: Mike Ferrier MBE on Payment Agenda
- Maximising Revenue with Payment Data: Keren Aviasaf on Payment Agenda
- Blockchain, VR, and the Future of Payments: Nick Hill on Payment Agenda
Also, we remind you to follow the link and check our fintech comic book Mr. Baker’s adventures in the world of payments.
Team news
In October, our Development team welcomed five new specialists. We wish them a great start and keep expanding our team. Follow the link to discover our current job opportunities, and join us or share the vacancies with your friends.
See you in a month, stay in the loop 🙌
