Building Your Own Payment Platform with Open-Source Components and AI
Tuesday, July 22 at 12pm ET. Merchant payment stacks must evolve – for integrating new PSPs/connectors, preferred payment methods, billing engines, and fraud mitigation providers; for unifying branded checkout experiences; and for embracing emerging intelligence models to recover chum lift auth rates and kill false declines. Payment product managers, engineers, and architects can augment their stack through modularize, open, composable solutions, and use emerging AI to prototype and rapidly build next-gen commerce systems.
Retry ROI – Penalty Guidance and Fees
Thursday, July 17 at 12pm ET.
Merchants face a significant challenge in balancing the potential for revenue recovery through retrying failed transactions against the associated costs and penalties. While retries can help recover lost sales, every retry action carries inherent risk to your business, including immediate financial loss (e.g. processing fees and excessive retry penalties) and more long term consequences like negative customer experiences and churn.The critical question is: How can merchants determine the optimal number of retries that maximize their return on investment (ROI) without incurring excessive costs or penalties?