dynamic currency conversion & the right psp for your electronic payments
DESCRIPTION
SecureTrading and Travelex's presentation to the WPM User Group, February 2012TRANSCRIPT
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WPM User Group EventDynamic Currency Conversion & the Right PSP
for your Electronic Payments
Catherine Cullen - Western Union Business Solutions
Lynne Harris – SecureTrading, A UC Group Company
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HOW CAN YOU MAKE SURE YOU SELECT THE RIGHT ECOMMERCE PARTNER TO WORK WITH?
PEOPLE MAKE THE DIFFERENCE
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WHO WE ARE...
Payment gateway solution – hosted &/or API DCC solution Western Union Business Solutions offers a full suite of
payments services to the education sector
OFFER A COMPLETE 100% END TO END SOLUTION FOR THE HIGHER EDUCATION AND FURTHER EDUCATION SECTORS, INCORPORATING:
& +
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WHEN SELECTING YOU SHOULD CONSIDER
System resilience Support statics to endorse system reliability Support team and experience levels Implementation process & discovery methodology Settlement ease & reporting Reporting functionality and archiving Easy on boarding process
WORLDWIDE, NATIONAL REPUTATION AND REACH
LIKE WE SAID BEFORE ...IT’S ALL ABOUT THE PEOPLE AS WELL AS THE SYSTEMS & DELIVERY
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SECURETRADING SYSTEM UPTIME STATS
STPP - stpay STPP - stapi STPP - webservices STPP - MyST0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
Downtime Percentage
Unscheduled Downtime Percentage
Scheduled Downtime Percentage
Uptime Percentage
2011
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INFRASTRUCTURE – PAYMENT PLATFORM
FULLY REDUNDANT, DUAL SITE CONFIGURATION DELIVERS UNMATCHED AVAILABILITY
Payment Site 2Payment Site 1
TNSX25 ISDN X25
P a y m e n t G a t e w a y s P a y m e n t G a t e w a y s
Multi-Currency
MERCHANT
Acquiring Banks
MOTO Online Mobile
TNS ISDN
The Internet
Acquiring Banks
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TRAVELEX SOLUTION INFRASTRUCTURE
4564 xxxx xxxx 1234
PAN
08 / 2011
Expiry
123
CVV2
John Citizen
Cardholder Name
Amount:
DCC Revenue: USD$158 – USD$153 = USD$4.57
Travelex Gateway / Barclays Schemes / Issuers WPM
Please select desired payment option:
X
at an exchange rate of 1.58
£100
£1001 x item @ £100
GBP£100USD$158
Your purchase has been approved. Original Sale Amount: GBP£100Final Transaction Amount: $USD$158Your exchange rate is 1.58Your receipt # is12345678
Merchant receives £100
CheckOut1
Back Proceed
Back Pay
Continue
2
4
10
DCC engine
£1 = USD$1.53Add 2.99% margin (USD $0.0457)
=USD$1.58
3
GlobalPay
USD$158
USD$158
9
Card SchemesPSP
Acquiring host(Auth, Clear, Settle)
5
8
+ DCC share
11
USD$158
USD$158 in
76
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ACQUIRER PARTNERS & ALL PAYMENT TYPES
SecureTrading supports ALL major card payments +
in excess of 60 other alternative payment types
‘Out of the box’ fully integrated with the Travelex DCC engine for real-time f/x quotes – up and running in
the UK today
University benefits from DCC commission to help offset
merchant service fees
SecureTrading is integrated with ALL major
acquiring banks both in UK and worldwide
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A YEAR WHEN A LOT HAPPENED...
LET’S LOOK AT THE LAST 12 MONTHS... ONLY
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COMMERCIAL TERMS
Rolling annual contracts provided by WUBS and SecureTrading
SLAs agreed between University and acquirer, PSP (SecureTrading maintains highest uptime levels in the industry)
ST & Travelex have now in place a streamlined onboarding process specifically tailored for HE & FE sector clients
No upfront setup fees for DCC
No ongoing processing/per click fees for DCC
Monthly rebate to Universities for DCC commission share
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WHY SELECT SECURETRADING/WUBS/TRAVELEX
SecureTrading, WUBS & Travelex are Education sector specific providers forming a natural alliance of key education sector major providers
100% wholly secure, reliable payment processing & end to end solution
Travelex are the world’s leading foreign exchange providers & are already integrated into the SecureTrading payment gateway via WPM online store/CPGs
This improves the student experience whilst providing a guaranteed income stream via the DCC commission
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NEWS YOU SHOULD KNOW
Travelex Global Business Payments was acquired by Western Union Business Solutions November 2011
Business as usual – no disruption to contractual agreements or service
System enhancements
Scholarship!
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THE FUTURE
SecureTrading & Travelex/WUBS... intend to remain at the leading edge of platform development and integrated payments solutions with our Partners
Throughout the UK, USA & Europe there is continual investment in people, R&D and our infrastructure
We invite you to view live demonstrations of reporting in the exhibition hall during the rest of today
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business.westernunion.com
THANK YOU
Any questions?