Payment Experience Management
What is Payment Experience Management?
Payment Experience Management is a combination of software and money movement services which optimizes the end-to-end payment journey across customers, support and operations. It goes beyond the transaction, ensuring every stakeholder in the payment process has an easy experience.
For customers, it removes friction and combines all the ways they want to pay in a single interface to improve payment completion. For support staff, it provides tools that reduce call times and improve resolution rates. For operations, it creates visibility, streamlines reconciliation, and cuts the cost and complexity of managing payments.
By optimizing all three, Payment Experience Management can improve cash flow and profitability by accelerating payments and reducing the total cost of acceptance.
Why it matters
Cash flow
Profitability
Satisfaction
Customer experience
Deliver frictionless payment and withdrawal options that allow customers to pay and be paid quickly. Let customers pay using any funds they have, regardless of where they are stored, at any time or place.
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More payment optionsEnable customers to pay with any tender in their wallet, across more channels, at any time.
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Frictionless experienceRemove common obstacles such as logins, passwords and manual inputs.
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Withdrawals that impressLightning-fast withdrawal process that keeps customers coming back.
Operational excellence
Automate and integrate payment workflows into existing systems to minimize manual work, speed up reconciliation, and reduce errors across the payment lifecycle.
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Integrated APIsConnect to all the tools you already use to improve efficiency and lower IT and developer maintenance costs.
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Configurable rulesCreate if-then rules that automate critical payment-related workflows.
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Exception managementIncrease acceptance rates and mitigate fraud with smart tools to drive up successful authorizations.
Payment Experience Management in action
See how the PayXM™ platform delivers on the promise of Payment Experience Management.