No More Endangered Eggs: Diversify Your Online Payments Stack

WARNING – If you answer “yes” to any of the following questions your online payments stack could work against your long-term success:  Offering limited currency options? Tokenizing with a single payment gateway? Requesting card info at each transaction? Have a single transaction channel? If any of these scenarios are true you likely have all your “payment eggs in one basket.” Please seek help immediately. 1. Limiting the Currency You Accept? Maybe you only need to […]

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Spreedly Insights: Reduce Failed Online Credit Card Transactions

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 […]

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Switching From PayPal to Stripe: Impact on Credit Card Decline Rates

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 […]

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Is Your Payment Gateway Good Enough?

By: Shoresh, Kwasi & Justin If your company or business accepts online or mobile payments from customers, you are probably familiar with the payment gateway (sometimes referred to as Payment Service Providers outside the US). Payment gateways play a vital role in payment processing: they can store and protect your customer’s’ payment information, usually work with several (but a limited number of) currencies, submit transaction information to payment processors, and report the status of the […]

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Why Spreedly when I just need a single payment gateway?

We get this question fairly often so let’s lay out the use case for why you might use Spreedly vs just going with a single payment gateway/merchant account. Spreedly customers generally fall into one of two categories. The first category are services that need to work with multiple payment gateways simultaneously. Let’s say you’re building the next Shopify or Freshbooks. Or you’ve built an elegant mobile platform targeting florists/plumbers/restaurants/sports stadiums. These folks want to use your […]

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