The Fintecture payment solution:
- Increases your conversion rate
- Guarantees the security of transactions
- Improve your order processing times
Black Friday: what if a new payment method could help you increase your sales?
Black Friday is the start of the year-end shopping season. During this crucial period for retailers, more and more French people are doing their shopping online. But nearly 7 times out of 10, consumers do not validate their basket. The reason for this is the cost and time of shipping, but also the difficulties encountered during payment.
To help you increase your conversion rate and your turnover, we have developed an economical, secure and fast payment method.
Increase the number of sales by eliminating chargebacks
After carefully browsing your online shop, preparing the shopping cart and filling in the shipping information, your customer checks out. And then the drama begins. Payment refused. In a rage, he leaves your site and never returns. Unless you use Fintecture. With our payment solution, you can be sure that the sale will be completed.
Remove technical errors
It is estimated that around 10% of card transactions fail due to technical issues. Fintecture directly connects the seller's bank to the buyer's bank . By eliminating payment intermediaries, we also eliminate the risk of technical errors.
Fewer players means lower transaction costs. We are on average 40% cheaper than other players on the market. And this is true even for small baskets.
Circumventing bank limits
Another cause of payment rejections: bypassing bank limits . Traditional Visa and Mastercard cardholders see their payments capped at an average of €2,500 over thirty rolling days. An amount that may be too low in certain circumstances, such as when booking a trip, purchasing supplies or a vehicle. The limit can also be reached during periods that require more spending, such as the end-of-year holidays, sales periods or the creation of a new product.
The ceilings of the Fintecture solution are the same as those that the customer negotiated with his bank for bank transfers, i.e. 4,000 to 10,000 euros per day depending on the establishment. The buyer can therefore treat himself to an electric bike or stock up on professional equipment on your e-commerce site without fear of seeing the transaction refused.
Pay in seconds
With Immediate Transfer , there is no need to search for your credit card in the bottom of your handbag or remember the password registered with an intermediary.
The transaction is completed in one go and in a few seconds. The customer validates their payment by connecting directly to their bank's website. There is no need to confirm their purchase in a second step, as is the case when using their bank card.
Ensuring the security of transactions
Another factor that can make a prospect give up: the lack of confidence in the site and its payment module. But by using our services, you can reassure your visitors.
We apply the latest security standard: strong authentication . Your customer does not have to enter their banking information on a third-party site since everything happens from their banking interface.
Once redirected to his bank's portal , he enters his login details, the same ones he uses to make a transfer or consult his accounts. Once authenticated, all he has to do is authorize the transaction.
We also offer secure payment solutions for orders placed by phone. Via the Payment Request , you send your contact a link that they use to pay for their basket. They validate the transaction from their bank's website and do not need to give you their credit card numbers.
Improve the processing of your orders
We help reduce the processing time of your orders . The Immediate Transfer is irrevocable, unlike a bank transfer.
In your Fintecture area, you can follow the status of your payments online. As soon as a payment appears, you know that the funds will be paid within 24 hours on average. So you can start preparing the order without delay.
Having funds quickly is also an asset for managing your cash flow . By increasing the capacity of your working capital, you can pay your expenses and invest according to your projects. By monitoring your activity day after day, you measure the impact of the various operations carried out in real time. You draw up your end-of-year balance sheet with peace of mind.
Finally, we make the refund process easy. In case of product return, you can refund a purchase in just a few clicks. The transfer is immediate. Your customer has the funds to be able to order again in your store.
Approach the holiday season with peace of mind with Fintecture! If you have not yet adopted our solutions, add Fintecture to your e-commerce site today .
