Payment Optimization Tools to Improve Authorizations & Reduce Costs
Built-In Tools for Higher Authorizations
BlueSnap has a suite of tools to help you increase your revenue up to 12% and reduce costs. With BlueSnap’s Intelligent Payment Routing, transactions automatically route to minimize declines and maximize gains. Along with features such as Level 2 and Level 3 data processing, 3-D Secure, and tokenization and encryption, we can help you get the most out of payment optimization.
12%
BlueSnap customers see up to a 12% percent growth in revenue by increasing their authorization rates.
How Your Business Benefits from Payment Optimization
Increase Authorization Rates
Decrease Checkout Abandonment
Avoid Cross-Border Fees
Reduce Technical Debt
Intelligent Payment Routing for Sustained Revenue Growth
With BlueSnap’s Intelligent Payment Routing, our processing engine automatically analyzes buyer characteristics – such as currency, issuing country and payment type – to route the payment to the bank most likely to approve that specific transaction. This minimizes declines and maximizes revenue gains, growing your sales — now that’s payment optimization!
Increase profit margins by 6% on average by reducing fees.
Reduce Your Costs with Local Card Acquiring
Capturing global sales can expand your business and increase your revenue, and we understand what it takes. With BlueSnap, we eliminate cross-border challenges, enabling you to fully capitalize on customers in other regions. You can accept payments in over 200 geographies, take advantage of our global network of banks and benefit from local card acquiring in 47 countries. With local card acquiring, your authorization rate increases, and you and your customers avoid unnecessary fees.
Features
Intelligent Payment Routing
BlueSnap ensures successful conversions by routing payments to get the highest approval rate. And, when a payment isn’t approved, it’s automatically retried to capture more sales.
Level 2 and 3 Data Processing
We support Level 2 and Level 3 data processing to provide robust insight into charges resulting in lower costs per transaction for you.
Tokenization
Simplify PCI requirements, earn repeat customers and increase authorization rates with multiple levels of tokenization.
3-D Secure
3-D Secure provides Strong Customer Authentication (SCA) for online payments to protect your business and reduce your exposure to fraud.
Account Updater
Keep your shoppers’ subscription payment and card-on-file information up-to-date so you don’t lose sales when their card expires or changes.
Speak with a Payments Expert
At BlueSnap, we know payments. We’d love to help you strategize about how your business can get the most out of payments.
Reduced Checkout Abandonment for Increased Revenue
You don’t want to spend all the time to get shoppers to make a purchase just to lose them when they abandon at checkout because they don’t see the ways they want to pay. 56% of companies don’t offer customers’ preferred global payment types, but with BlueSnap you can. You’ll be able to take advantage of 100+ currencies and 100+ payment methods, greatly reducing the potential for checkout abandonment.
100+
Shopper Currencies
100+
Global Payment Types
100+
Payout Currencies
One Integration
If you’re working with multiple payment processors to support your payments, you’re spending unnecessary time and resources to integrate and maintain multiple platforms. With BlueSnap, you get a single integration, unified reporting and everything else you need to sell around the world built-in. We can provide the technical resources necessary to reach customers around the globe without sacrificing efficiency or causing you to drown in technical debt.
Tokenization to Keep Shopping Easy & Cardholder Data Safe
Safely storing customer details enables repeat customers to check out quickly and securely, while allowing new customers to shop with confidence. Benefit from one-time and multi-use tokens to securely process shopper data. When a customer is checking out, our Hosted Payment Fields generate a unique token for the customer that includes their details and allows for secure checkout. In addition, you can save payment information using our Vaulted Shopper feature, which creates an additional token for future purchases.