Steve Jobs said it best: simple can be harder than complex. He wasn’t talking about payment systems or about preparing for peak trading seasons. But his wisdom still applies.
At PPRO, our local payments partners and customers are gearing up for peak trading during the holiday season. It kicks off with the 11.11 Global Shopping Festival timed to coincide with Singles’ Day in China, continues through Black Friday and Cyber Monday, and winds down after the start of the new year.
This year, we’re doing things a little differently. We’re lifting the lid to show you how all the million puzzle pieces fit together to create a simple, seamless experience for our customers. And their merchant customers. (See, we told you it was complicated!)
“By failing to prepare, you are preparing to fail.” – Benjamin Franklin
In truth, we’re always preparing for peak season. The preparations never really start or stop. They’re an ongoing part of business-as-usual development and maintenance year-round.
We work with some of the largest acquirers and payment service providers (PSPs) worldwide. We support their tier-one global merchants; high-volume retail, services, travel, digital goods, and ticketing clients. We’re used to seeing high and sudden spikes in volume, and we’re prepared to handle them.
But some local payment method (LPM) partners may not be used to such spikes; they can be up to 3-4 times their normal volumes. So over the summer, we ramp up both our internal and external preparations.
Taking on complexity so clients don’t have to
Nothing happens in payments that doesn’t involve multiple parties working across different parts of a network ecosystem. It’s a dance with many steps and many dancers, complicated by each LPM’s policies, procedures and protocols.
Luckily for PPRO, making the complex simple is just what we do. It’s in our bones. PPRO processes, collects, reconciles and refunds all via one contract and through one integration.
For more information or to discuss your particular local payment requirements, email firstname.lastname@example.org.