Praxis

We're pleased to introduce Retry with APM, our latest Decline Recovery feature designed to boost payment approval ratios for Praxis merchants. This innovative solution immediately offers customers whose initial payment was declined a selection of geo-relevant or handpicked alternative payment methods (APMs) to reattempt and complete their transaction. Visit the link to learn more about this powerful new feature: https://lnkd.in/dsYtAXvn #payments #alternativepayments

Online businesses that deliver user-friendly checkouts to their customers filled with a plentiful selection of payment methods and wide-ranging currency support will see fewer abandoned transactions. Read our article to learn more on the most common reasons behind abandoned carts last year and what merchants are doing to improve their payment and retention experiences. https://lnkd.in/d8NMxBP8 #payments #digitalpayments

Online businesses that serve a global consumer base see higher conversion rates by offering local currency payments. But what if their gateway lacks support for a specific currency? Learn how merchants can optimize their checkouts using Background Dynamic Currency Conversion (BDCC) and the advantages of integrating more Payment Service Providers (PSPs) in our latest article. https://lnkd.in/dWaWS_2f #payments #money

Today is Financial Awareness Day in the UK and we are spreading the warning that Authorized Push Payment (APP) purchase scams are surging, with more customers falling victim to paying for non-existent goods or services than ever before. While other APP fraud tactics like impersonating banks and convincing victims to transfer funds to a 'safe account' are falling, purchase scams continue to rise. Read how businesses are using AI to shield themselves from payment fraud in our article here: https://lnkd.in/d5cVAWzs #payments #fraud

While some economies see drastic shifts in payment preferences, like Brazil with PIX, others like the UK remain creatures of habit, with debit and credit cards still reigning supreme in British wallets. Swipe to explore the latest UK payment card insights, highlighting why online businesses must tailor checkout experiences to local consumer preferences and why there's no one-size-fits-all solution for merchants catering to a global audience. Get in touch to learn how to optimize your checkout with geo-relevant methods: https://lnkd.in/dwAdD5BY #payments #digitalpayments

More payments are being completed via mobile than ever before and merchants with optimized checkouts are best positioned to reap the benefits. By incorporating mobile-friendly payment pages offered by Praxis, online businesses can deliver streamlined checkout user flows that reduce payment steps, provide diverse payment options, and integrate intuitive Decline Recovery features. These elements work together to boost merchants' conversion, retention, and approval ratios. Get in touch to learn more: https://lnkd.in/dwAdD5BY #payments #mobilepayments

Chargeback fraud poses a significant financial threat to merchants, potentially devastating their online operations that lack robust payment protection measures. Swipe through to learn more about the different types of chargebacks and their consequences. For deeper insights, click the link below to read our full blog post on understanding and preventing chargeback fraud. https://lnkd.in/dSAZrwY2 #praxis #payments #chargebacks

Consumer payment preferences vary globally and evolve constantly, and merchants connected to Praxis can adapt quickly and offer more methods to their customers. Our Payment Orchestration Platform, with 600+ pre-integrated PSPs worldwide, enables merchants to scale across borders easily and offer locally preferred payment methods at checkout. This ensures that customers can always pay how they want, wherever they are. Visit our website to learn more or get in touch to request a demo. https://lnkd.in/dwAdD5BY #praxis #payments #globalpayments

We had an incredible time at our annual summer event at Praxis. Our team in Cyprus came together to celebrate the milestones achieved and the hard work put in over the year. Grateful for our dedicated Praxians who make every moment special! Here’s to continued success and more memorable events together. #Praxis #SummerEvent

Chargeback fraud is on the rise and merchants are increasingly falling victim to malicious actors misusing a feature meant for consumer protection. Read our latest blog to learn about the different types of chargebacks and how businesses are fighting back with advanced payment solutions. https://lnkd.in/dSAZrwY2 #payments #fraud