We are thrilled to announce that we have won two Customer Choice Awards for Best Alternative Payment Solution and Best Subscription Billing Solution at the 2016 CNP Expo Awards for the 2nd year in a row.
Every year, the CNP Expo holds an awards ceremony honoring the companies, programs and solutions that have distinguished themselves in the card-not-present space during the past year. The winners were announced yesterday at the show in Orlando, Florida at the Loews Royal Pacific hotel. Ralph Dangelmaier, our CEO, received the awards on behalf of BlueSnap and our customers.
These 2016 CNP Expo Awards come on the heels of PYMNTS.com awarding our Powered Buy Platform™ as Best Merchant Solution. Our focus every day is on helping you convert more shoppers to buyers and combat checkout abandonment, and we could not have won these awards without the support of our amazing customers!
As Customer Choice for Best Alternative Payment Solution, we were recognized by our customers for providing the solution that most effectively facilitates CNP transactions without requiring the consumer to directly use a bank-issued credit card or debit card. By offering alternative payments on our platform, we are able to support our merchants expanding cross-border. Importantly, our data shows that offering alternative payments helps avoid checkout abandonment by giving shoppers the choice they are looking for.
As Customer Choice for Best Subscription Billing Program, we were recognized by our customers for offering the best solution for automatic, recurring billing. Our subscription billing program is unique in its ability to support subscription billing with any payment type – even those that do not natively support subscription payments, like wire transfers, purchase orders and e-checks. The flexibility of our subscription management solution allows merchants to offer a wide-range of options to their shoppers to help avoid friction at checkout.
Overall, our global capabilities and innovative features made us stand out from the competition. We support 180 countries with 29 languages, 100 currencies and 100 payment types. Our gateway drives high conversions through dynamic localization by using a technology that recognizes IP addresses and automatically serves up local languages, currencies and payment types in the merchant’s shopping cart. We also increase conversions with Intelligent Payment Routing, a technology that directs transactions to the optimal acquiring bank and switches when needed to rescue sales that might otherwise be aborted.
All of our features and technology are focused on helping merchants fight the checkout abandonment problem. By providing merchants with the tools to avoid checkout friction, boost consumer confidence, and better accept payments, we help them increase sales by up to 40%.
Thank you to our friends and colleagues at the 2016 CNP Expo Awards – we are so happy and honored to win these awards. Not only are we proud to receive our awards, but congrats to all the other rockstars who won awards as well. Check them out here.
Again, we would especially like to thank our customers, for using our products and services and for taking the time to vote for us and bestow upon us Customer Choice awards for Best Alternative Payment Solution and Best Subscription Billing Solution at the 2016 CNP Expo Awards. We will continue to work hard to earn your business and deliver the best in-class eCommerce solutions and services. Thank you for your business and your support.