Ecommpay premiers full-stack e-commerce offering at MPE 2024

Thursday, Mar 07, 2024 0

Ecommpay, a leading international Payment Service Provider and UK and European direct bank card Acquirer, is gearing up for a remarkable debut at the Merchant Payments Ecosystem (MPE) event, taking place from March 12-14, 2024, in Berlin. Ecommpay will present their proprietary full-stack payment solution tailored to the online retail sector addressing the specific needs and pain points of these merchants.

As e-commerce continues to thrive in Europe, online merchants face escalating challenges. Recent statistics reveal heightened e-commerce fraud in Germany and France, where up to two-thirds of online retailers report a substantial increase.

Additionally, cart abandonment remains a pressing issue, with a striking 70% average of shoppers across Europe leaving their carts before checkout. Ecommpay’s own research highlights the need for innovative solutions across industries, with almost three quarters of consumers surveyed stating that digital payment service experiences could be improved. Notably, businesses involved in the research also expressed difficulties with keeping up with new payment trends and matching consumer expectations.

Ecommpay’s strategic entrance at MPE 2024 aims to help merchants tackle these and other challenges head-on. Contributing to the overarching theme of payment innovation at MPE, Ecommpay will spotlight a diverse range of products designed to help businesses reduce time to revenue, combat payment fraud, and ensure a best-in-class checkout experience for customers worldwide.

The showcase includes a myriad of hero products encompassing over 100 Alternative Payment Methods including BNPL, a full-suite of Open Banking products with a unique card payment and Open Banking transaction orchestration platform, award-winning fraud prevention tools and risk-control systems, and much more. As Ecommpay prepares to present their comprehensive suite of solutions and their capabilities, the company is thrilled to also be shortlisted at the MPE Awards for their Open Banking Advanced offering.

Ecommpay is a Payment Service Provider, Principal Member of Visa and Mastercard, and a Mastercard MoneySend and Visa Direct certified partner. The company’s diverse payment service portfolio and global coverage enables it to support fast and flexible payments, as well as individual and mass payouts, in 70 countries and 40 currencies.

Ecommpay is committed to partnering with businesses to offer a comprehensive arsenal of tools, each tailored to the needs of individual e-commerce merchants to enhance their success in the dynamic world of e-commerce.

Looking forward to Ecommpay’s participation at MPE, Karan Johal, Global Head of Sales at Ecommpay, says: “Our debut of the full-stack e-commerce solution at MPE 2024 marks a significant stride for Ecommpay. We’re thrilled to showcase a suite of integrated products addressing the evolving needs of online merchants. From card acquiring to advanced Open Banking solutions, Ecommpay is committed to providing a seamless and secure payment experience.”

Book a personal consultation at MPE 2024 to meet with Ecommpay’s payment experts and chart the course to enhanced revenue through streamlined payment processing.