Case Study
Leading Financial Solution Provider Reduces Cost Using Enhanced Payment Processing
Case study Leading Financial Solution Provider Reduces Cost Using Enhanced Payment Processing Opportunity Enhance and develop payment processing systems to reduce transaction costs Action Develop, enhance and maintain key system elements Impact New payment engine dramatically reduces transaction costs while improving the user experience Financial services leader partners with UST Global to develop a more cost-efficient electronic payment processing application Retailers support many payment options such as checks, cash, credit and debit cards. Each payment type incurs fees set by banks, processors and networks, which have historically been beyond the retailer's control. These fees - which have substantially increased over the last few years - not only hurt retailer profi