We are so excited to announce that we have won a 2016 PYMNTS Innovator Award in the category of Best Merchant Solution! The awards were presented last night along with Starbucks and Braintree at the prestigious award ceremony at Harvard University.
We are being recognized as Best Merchant Solution for our innovation to help online merchants solve checkout abandonment by providing frictionless checkout for consumers and simple integration to the platform for merchants. This is the fourth year for this competition, which has seen an exponential increase in participants, and has a selection and voting process unmatched in intellectual rigor and competitive energy. Judges this year included Janet Estep, NACHA, Aaron Goldman, General Atlantic, James Hale, FTV Capital, Matt Harris, Bain Capital Ventures, Hans Morris, General Atlantic, Paul Purcell, Continental Advisors, Dan Rosen, Commerce Ventures, Karen Webster, PYMNTS.com and Matt Witheiler, Flybridge Capital Partners.
We are so proud of the recent innovations we have made to change the payments space for merchants and consumers alike. Our Powered Buy Platform™ can help merchants optimize the eCommerce opportunity and increase their conversions by as much as 40 percent. The Platform provides flexible integration, empowering merchants to deploy the best checkout experience to engage their customers – from API to turnkey embedded checkout. Acquiring connections to multiple local banks around the world are provided through a single integration along with failover to maximize payment authorizations. The Platform also offers value-added features such as dynamic eCommerce tools, including offers and coupons, subscription billing, fraud prevention and chargeback management. All of these capabilities are designed to convert more shoppers to buyers by solving checkout abandonment challenges.
We recently released a special tool to help merchants identify points of friction in their checkout process, the Checkout Conversion Calculator. With this tool, we can continue to help merchants address checkout abandonment and make more sales for their eCommerce businesses. If you want to know where customers may be leaving your checkout, take the Calculator today: