The card acquiring industry is undergoing huge changes on its way to reposition for the digital age. Banks, PSPs and monoline acquirers are working on their modern acquiring strategies to survive in times of the convergence of payments, the ISO 20022 harmonization standard, multiple regulatory demands, competition, commoditization, the need to embrace digital transformation and the mantra of seamless shopping experiences across all touch points. Changing environment will inflict short-term pain on an acquirer’s business model, but implementing the relevant changes will also lay the foundations for the digital acquirer of the future.
The European card acquiring market players understand that they cannot afford to stand still to survive and succeed in such an environment. They responded in 2015-2016 by investing, partnering or even exiting the acquiring business in order to move forward and turn risks into opportunities: Worldpay chose £890m IPO over Ingenico bid, ATOS Worldline buying Equens, Advent and Bain acquiring Nets, Clessidra buying ICBPI in Italy, Global Payments acquiring Realex payments, Barclaycard acquiring Logic Group, ACI Worldwide acquiring PAY.ON, Verifone -InterCard, Mastercard -TNSPay, Ingenico – GlobalCollect & Ogone. So far, TOP European acquirers have continued to gain market share and we may expect that the European card acquiring will look very different in 2020.
At the MPE 2017 (February 14-16, Berlin), the Europe’s favorite merchant payments acceptance conference, key market players will identify and address current challenges faces by merchant payment professionals:
MPE 2017, the Top European online & mobile merchant payments and card acquiring event featuring 1000+ participants from 40+countries, 300+ CXOs and MDs, 150+ speakers, 70+ sponsors & exhibitors. First class networking, Internationally recognized MPE Awards, MPE C-Level Club, Festival of European online merchant payment methods and Innovator Zone.
MPE 2017 Topics include: European Instant Payments, Apple Pay, NFC, FinTech & RegTech, SmartPOS, mobile & online payments, CNP Fraud & security, IoT, biometrics, API driven innovations, local and cross border acquiring. Speakers represent: Samsung Pay, Concardis, UBER, Computop, VISA, Holland Fintech, Verifone, Carrefour Group, ACI Worldwide, Worldpay, DeliveryHero, BSH Home Appliances Group, Neste, Nobly POS, and more. Request the conference program and registration form/sponsorship brochure at email@example.com or visit us at www.merchantpaymentsecosystem.com
To apply the discount (10% off regular price) and access to MPE VIP ZONE please enter the following promo code: MPE_ payxintl into the field: special requirements on the registration form.
Post sponsored by MPE 2017