“Latin America is one of the fastest-growing regions for e-commerce, behind Asia-Pacific. We expect online retail sales to grow at a compound annual growth rate (CAGR) of 17% between 2014 and 2019 to reach $85 billion in sales at the end of the forecast period.” The Latin America E-commerce Report Latin America presents a unique challenge for online merchants. It’s a rapidly growing region, but much of its online payment infrastructure is relatively new and […]
Spreedly’s mission is to democratize participation in payments by connecting platforms, online merchants, payment providers and other PCI compliant services. Information is one critical pillar of openness and, with that in mind, we’re proud to announce that Insights is available to all Spreedly customers. The idea behind Insights is simple yet extremely powerful: provide accessible insights into your payment gateway data to help you track and reduce failed online credit card transactions. Introducing Insights Insights […]
On February 2nd, 2017, the Payment Card Industry Security Standards Council (PCI SSC) updated its best practices guidelines for securing e-commerce and PCI compliance. Among other things, this is notable because PCI DSS 3.0 was released back in 2013 and a lot has changed since that time; most markedly the roll out of PCI 3.2 in April of 2016. The release of PCI 3.0 introduced the SAQ A-EP – a roughly 40 page requirement compared […]
Apple Pay launched with great fanfare on September 9, 2014. As is often the case with big new technology announcements, actual usage takes longer than the initial public interest would seem to indicate. So, we thought now was a good time to take a look and see what adoption looks like for Apple Pay as a payment method at Spreedly. Apple Pay Adoption at Spreedly Spreedly customers using Apple Pay has been slower than you might […]
Recently at Spreedly we had the opportunity to “drink our own champagne” (or eat our own dog food) as we switched from PayPal to Stripe and measured the impact on our credit card decline rates. As our customer’s know, we help online merchants and marketplaces minimize PCI compliance scope via secure credit card collection, tokenization and then routing that card for a transaction against your preferred financial partner. This could be a payment gateway or a third party […]
Shoresh Shafei, Justin Benson With more than 100 million transactions processed across 100 gateways in 100+ currencies, Spreedly has access to a wealth of information about payment methods (credit cards, ApplePay, PayPal, etc.), transactions and gateways performance. Using this unique dataset, Spreedly is committed to using the power of data analytics to generate insights for all participants in the payment world. In our first blog post [Spreedly blog, LinkedIn, Medium], we provided a general overview […]
One of our customers, RevolutionParts, has a nice post on migrating to Spreedly. Many of our customers are implementing a new payments service. RevolutionParts were different in that they were already with another provider and needing to make a change. You can read the post over at their site if you’re interested in learning more. This would be most applicable if you sell a SaaS based service into a group of diverse merchants.