Report

How to reduce your total cost of payments

Payments drive the path to profitable growth. Discover how payment technology can help you slash costs and increase your revenue.

Key highlights

The biggest benefits of a holistic approach to payments on your bottom line at a glance.

26%

Reduction in payment cost over three months by intelligently routing US debit transactions

49%

Average cost savings with Local payment methods (LPMs) as compared to credit and debit cards.

6%

Increase in authorization rates with strategic use of network tokens

16.5%

Decrease in standard payment fees by sending Enhanced Scheme Data (ESD)

Save on interchange and scheme fees

Interchange and scheme fees typically make up 85% of payment costs for our customers. Read more about these strategies that will help you significantly lower your overall processing costs:

  • Working with a local card acquirer

  • Routing payments via the best network

  • Adding local payment methods 

  • Sharing more data with card schemes

“Adyen helped us with local acquiring in the US, which had a positive effect. We were able to reduce our bank declines by 21%.”

Dennis Friemerding Team Lead Payments, Flixbus

Increase conversion and reduce fraud

Payments can fail for a multitude of reasons. Finding the perfect balance between optimizing conversion and preventing fraud is challenging. Discover how to keep conversions high and fraud low by:

  • Increasing authorization rates with Network Tokenization

  • Reducing churn by updating account data in real time

  • Leveraging data to avoid chargebacks and limit false positives

Upgrade your in-person payment performance

The right in-person payment solutions will improve your in-store conversion. Behind the scenes, more efficient management of your hardware will unlock considerable time and cost savings. Discover how you can boost your in-person payment performance by: 

  • Delivering amazing in-person payment experiences 

  • Processing payments offline if your network goes down

  • Managing your hardware more efficiently

“Adyen processed individual transactions a full second and a half to two seconds faster than our previous systems, allowing our fans to return to the pitch faster."

Peter Romics Director Merchandising & Licensing, Authorized Officer, FC Bayern Munich

Improve operational efficiency with a unified payment solution

Many development teams need to maintain fragmented systems or flawed integration processes to keep payments flowing, while this fragmentation impedes reconciliation. Learn how to optimize operations by:

  • Freeing up resources with automated reconciliation

  • Staying agile with a single technical integration

  • Reducing development costs

Realize significant savings and unlock the full potential of payments

The right payments setup will positively affect your bottom line and set your business on the path to sustainable growth. Join amazing brands like Hugo Boss, Ikea, and Spotify and start unlocking the full potential of payments.

Get started with payments

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