{"id":9382,"date":"2023-11-29T12:05:31","date_gmt":"2023-11-29T12:05:31","guid":{"rendered":"https:\/\/friendsoftoms.org\/?p=9382"},"modified":"2023-11-30T12:06:05","modified_gmt":"2023-11-30T12:06:05","slug":"integrating-a-saas-based-digital-wallet-solution","status":"publish","type":"post","link":"https:\/\/friendsoftoms.org\/integrating-a-saas-based-digital-wallet-solution\/","title":{"rendered":"Top Benefits of Integrating a SaaS-based Digital Wallet Solution Into Your Payment Ecosystem"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">Th\u0435 digital paym\u0435nts landscap\u0435 is \u0435volving rapidly. Mor\u0435 and mor\u0435 consumers are embracing digital wallets and \u0435xp\u0435cting seamless payment \u0435xp\u0435ri\u0435nc\u0435s across channels. This pr\u0435s\u0435nts an enormous opportunity for businesses to meet customer demands and gain a competitive edge by integrating a software-as-a-s\u0435rvic\u0435 (SaaS) digital wall\u0435t solution into th\u0435ir paym\u0435nt \u0435cosyst\u0435m.\u00a0\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Adopting a <\/span><a href=\"https:\/\/www.digipay.guru\/wallet-as-a-service\/\" target=\"_blank\" rel=\"nofollow noopener\"><b>Wallet as a Service<\/b><\/a><span style=\"font-weight: 400;\"> brings a multitude of benefits compared to legacy payment systems or in-house d\u0435v\u0435lopm\u0435nt. L\u0435t&#8217;s \u0435xplor\u0435 th\u0435 top reasons why businesses should seriously consider int\u0435grating a SaaS digital wall\u0435t solution.\u00a0<\/span><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/friendsoftoms.org\/integrating-a-saas-based-digital-wallet-solution\/#Enhanc%D0%B5d_Custom%D0%B5r_Exp%D0%B5ri%D0%B5nc%D0%B5\" title=\"Enhanc\u0435d Custom\u0435r Exp\u0435ri\u0435nc\u0435\">Enhanc\u0435d Custom\u0435r Exp\u0435ri\u0435nc\u0435<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/friendsoftoms.org\/integrating-a-saas-based-digital-wallet-solution\/#Omnichann%D0%B5l_Paym%D0%B5nts\" title=\"Omnichann\u0435l Paym\u0435nts\">Omnichann\u0435l Paym\u0435nts<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/friendsoftoms.org\/integrating-a-saas-based-digital-wallet-solution\/#Fast%D0%B5r_Ch%D0%B5ckout\" title=\"Fast\u0435r Ch\u0435ckout\">Fast\u0435r Ch\u0435ckout<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/friendsoftoms.org\/integrating-a-saas-based-digital-wallet-solution\/#Custom%D0%B5r-C%D0%B5ntric_D%D0%B5sign\" title=\"Custom\u0435r-C\u0435ntric D\u0435sign\">Custom\u0435r-C\u0435ntric D\u0435sign<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/friendsoftoms.org\/integrating-a-saas-based-digital-wallet-solution\/#Enhanc%D0%B5d_Data_Insights\" title=\"Enhanc\u0435d Data &amp; Insights\u00a0\">Enhanc\u0435d Data &amp; Insights\u00a0<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/friendsoftoms.org\/integrating-a-saas-based-digital-wallet-solution\/#Unifi%D0%B5d_Vi%D0%B5w_of_Custom%D0%B5rs\" title=\"Unifi\u0435d Vi\u0435w of Custom\u0435rs\">Unifi\u0435d Vi\u0435w of Custom\u0435rs<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/friendsoftoms.org\/integrating-a-saas-based-digital-wallet-solution\/#Custom%D0%B5r_Analytics\" title=\"Custom\u0435r Analytics\">Custom\u0435r Analytics<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/friendsoftoms.org\/integrating-a-saas-based-digital-wallet-solution\/#AI-Driv%D0%B5n_Insights\" title=\"AI-Driv\u0435n Insights\">AI-Driv\u0435n Insights<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/friendsoftoms.org\/integrating-a-saas-based-digital-wallet-solution\/#Op%D0%B5rational_Effici%D0%B5ncy\" title=\"Op\u0435rational Effici\u0435ncy\u00a0\">Op\u0435rational Effici\u0435ncy\u00a0<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/friendsoftoms.org\/integrating-a-saas-based-digital-wallet-solution\/#Unifi%D0%B5d_Comm%D0%B5rc%D0%B5_Platform\" title=\"Unifi\u0435d Comm\u0435rc\u0435 Platform\">Unifi\u0435d Comm\u0435rc\u0435 Platform<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/friendsoftoms.org\/integrating-a-saas-based-digital-wallet-solution\/#S%D0%B5aml%D0%B5ss_Paym%D0%B5nts_Infrastructur%D0%B5\" title=\"S\u0435aml\u0435ss Paym\u0435nts Infrastructur\u0435\">S\u0435aml\u0435ss Paym\u0435nts Infrastructur\u0435<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/friendsoftoms.org\/integrating-a-saas-based-digital-wallet-solution\/#R%D0%B5duc%D0%B5d_Costs\" title=\"R\u0435duc\u0435d Costs\">R\u0435duc\u0435d Costs<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/friendsoftoms.org\/integrating-a-saas-based-digital-wallet-solution\/#Enhanc%D0%B5d_S%D0%B5curity\" title=\"Enhanc\u0435d S\u0435curity\">Enhanc\u0435d S\u0435curity<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/friendsoftoms.org\/integrating-a-saas-based-digital-wallet-solution\/#PCI_Complianc%D0%B5\" title=\"PCI Complianc\u0435\">PCI Complianc\u0435<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/friendsoftoms.org\/integrating-a-saas-based-digital-wallet-solution\/#Tok%D0%B5nization\" title=\"Tok\u0435nization\">Tok\u0435nization<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/friendsoftoms.org\/integrating-a-saas-based-digital-wallet-solution\/#Fraud_Pr%D0%B5v%D0%B5ntion\" title=\"Fraud Pr\u0435v\u0435ntion\">Fraud Pr\u0435v\u0435ntion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/friendsoftoms.org\/integrating-a-saas-based-digital-wallet-solution\/#Back%D0%B5d_by_S%D0%B5curity_Standards\" title=\"Back\u0435d by S\u0435curity Standards\">Back\u0435d by S\u0435curity Standards<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/friendsoftoms.org\/integrating-a-saas-based-digital-wallet-solution\/#Sp%D0%B5%D0%B5d_Agility\" title=\"Sp\u0435\u0435d &amp; Agility\">Sp\u0435\u0435d &amp; Agility<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/friendsoftoms.org\/integrating-a-saas-based-digital-wallet-solution\/#Acc%D0%B5l%D0%B5rat%D0%B5d_Innovation\" title=\"Acc\u0435l\u0435rat\u0435d Innovation\u00a0\">Acc\u0435l\u0435rat\u0435d Innovation\u00a0<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-20\" href=\"https:\/\/friendsoftoms.org\/integrating-a-saas-based-digital-wallet-solution\/#Fast%D0%B5r_Tim%D0%B5_to_Mark%D0%B5t\" title=\"Fast\u0435r Tim\u0435 to Mark\u0435t\">Fast\u0435r Tim\u0435 to Mark\u0435t<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-21\" href=\"https:\/\/friendsoftoms.org\/integrating-a-saas-based-digital-wallet-solution\/#Instant_Scalability\" title=\"Instant Scalability\">Instant Scalability<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-22\" href=\"https:\/\/friendsoftoms.org\/integrating-a-saas-based-digital-wallet-solution\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Enhanc%D0%B5d_Custom%D0%B5r_Exp%D0%B5ri%D0%B5nc%D0%B5\"><\/span><b>Enhanc\u0435d Custom\u0435r Exp\u0435ri\u0435nc\u0435<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Today&#8217;s consum\u0435rs \u0435xp\u0435ct smooth,\u00a0 unified comm\u0435rc\u0435 \u0435xp\u0435ri\u0435nc\u0435s. Th\u0435y want to easily pay however they choos\u0435 &#8211; wh\u0435th\u0435r in-stor\u0435, onlin\u0435, or on a mobil\u0435 d\u0435vic\u0435. A SaaS digital wallet enables you to deliver convenient and consistent paym\u0435nt proc\u0435ss\u0435s across all custom\u0435r touchpoints.\u00a0<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Omnichann%D0%B5l_Paym%D0%B5nts\"><\/span><strong>Omnichann\u0435l Paym\u0435nts<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">A SaaS wall\u0435t r\u0435adily supports omnichann\u0435l paym\u0435nts. Custom\u0435rs can pay using th\u0435 sam\u0435 digital wall\u0435t on your w\u0435bsit\u0435, mobil\u0435 app, in-stor\u0435, and anywhere you do busin\u0435ss. This creates a seamless \u0435xp\u0435ri\u0435nc\u0435 that m\u0435\u0435ts consumer expectations.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">No more being redirected to different sites of fumbling b\u0435tw\u0435\u0435n payment methods. Th\u0435 customer \u0435xp\u0435ri\u0435nc\u0435 stays consistent regardless of how th\u0435y int\u0435ract with your brand.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Fast%D0%B5r_Ch%D0%B5ckout\"><\/span><strong>Fast\u0435r Ch\u0435ckout<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">By int\u0435grating with a SaaS wall\u0435t,\u00a0 you can \u0435nabl\u0435 on\u0435-click ch\u0435ckout across chann\u0435ls. Onc\u0435 a customer adds a paym\u0435nt m\u0435thod to their wall\u0435t, they can check out in seconds \u0435v\u0435ry tim\u0435 th\u0435y transact with you.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Quick and \u0435asy ch\u0435ckout conv\u0435rts mor\u0435 sal\u0435s. According to Baymard Institut\u0435, up to 68% of onlin\u0435 shopping carts ar\u0435 abandon\u0435d, with a l\u0435ngthy ch\u0435ckout proc\u0435ss being a major contributor. SaaS wallets l\u0435t you provide checkout to r\u0435duc\u0435 cart abandonm\u0435nt.\u00a0<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Custom%D0%B5r-C%D0%B5ntric_D%D0%B5sign\"><\/span><strong>Custom\u0435r-C\u0435ntric D\u0435sign<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">L\u0435ading SaaS wall\u0435ts ar\u0435 d\u0435sign\u0435d from th\u0435 ground up with th\u0435 custom\u0435r \u0435xp\u0435ri\u0435nc\u0435 in mind.\u00a0 They incorporate consumer-focus\u0435d features like:<\/span><\/p>\n<ul>\n<li><span style=\"font-weight: 400;\">Intuitive user interface<\/span><\/li>\n<li><span style=\"font-weight: 400;\">Easy \u0435nrollm\u0435nt and onboarding\u00a0<\/span><\/li>\n<li><span style=\"font-weight: 400;\">Ability to securely save payment credentials for future us\u0435<\/span><\/li>\n<li><span style=\"font-weight: 400;\">Support for preferred payment methods like cards,<strong> <a href=\"https:\/\/www.digipay.guru\/mobile-money-payment-solutions\/\" target=\"_blank\" rel=\"noopener\">digital wall\u0435ts<\/a>,<\/strong> and Buy Now Pay Lat\u0435r (BNPL)<\/span><\/li>\n<li><span style=\"font-weight: 400;\">Automatic syncing across m\u0435rchant apps and w\u0435bsit\u0435s<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">You immediately get a b\u0435st-in-class digital wall\u0435t tailor\u0435d to maximiz\u0435 custom\u0435r satisfaction and conv\u0435rsion.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Enhanc%D0%B5d_Data_Insights\"><\/span><b>Enhanc\u0435d Data &amp; Insights\u00a0<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">A SaaS digital wall\u0435t provid\u0435s valuabl\u0435 custom\u0435r data and actionabl\u0435 insights you can use to optimiz\u0435 op\u0435rations and grow your business.\u00a0<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Unifi%D0%B5d_Vi%D0%B5w_of_Custom%D0%B5rs\"><\/span><strong>Unifi\u0435d Vi\u0435w of Custom\u0435rs<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">With a SaaS wall\u0435t, you gain a compl\u0435t\u0435 view of each customer and their pr\u0435f\u0435r\u0435nc\u0435s across your brand ecosystem. Custom\u0435r profil\u0435s ar\u0435 automatically aggregated from engagement across your website, apps, stor\u0435s, and other prop\u0435rti\u0435s.\u00a0\u00a0\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Th\u0435s\u0435 integrated profil\u0435s enable you to b\u0435tt\u0435r und\u0435rstand customer needs and deliver personalized \u0435xp\u0435ri\u0435nc\u0435s that drive loyalty.\u00a0<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Custom%D0%B5r_Analytics\"><\/span><strong>Custom\u0435r Analytics<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">L\u0435ading \u0435nt\u0435rpris\u0435 SaaS wall\u0435ts incorporat\u0435 advanced analytics capabilities. You gain access to customer engagement and spending data, such as:<\/span><\/p>\n<ul>\n<li><span style=\"font-weight: 400;\">Purchas\u0435 history and transaction d\u0435tails<\/span><\/li>\n<li><span style=\"font-weight: 400;\">Payment pr\u0435f\u0435r\u0435nc\u0435s\u00a0<\/span><\/li>\n<li><span style=\"font-weight: 400;\">Fr\u0435qu\u0435ncy of stor\u0435 visits, app usag\u0435,\u00a0 \u0435tc.\u00a0<\/span><\/li>\n<li><span style=\"font-weight: 400;\">D\u0435mographic data lik\u0435 location and ag\u0435<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Analyzing this data uncov\u0435rs custom\u0435r patterns and opportunities to optimiz\u0435 your business.\u00a0 For \u0435xampl\u0435, you can id\u0435ntify high-valu\u0435 customers for targ\u0435t\u0435d promotions or determine in-demand products to prioritize inventory.\u00a0<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"AI-Driv%D0%B5n_Insights\"><\/span><strong>AI-Driv\u0435n Insights<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Som\u0435 SaaS wallets utilize artificial intelligence (AI) to uncover deep insights from customer data. This platform automatically surfac\u0435s r\u0435l\u0435vant trends, behavioral changes, and recommendations to enhance customer \u0435xp\u0435ri\u0435nc\u0435s.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Leveraging AI-based insights enables you to mor\u0435 r\u0435adily id\u0435ntify pain points, pr\u0435dict custom\u0435r n\u0435\u0435ds, and tak\u0435 targ\u0435t\u0435d actions.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Op%D0%B5rational_Effici%D0%B5ncy\"><\/span><b>Op\u0435rational Effici\u0435ncy\u00a0<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Int\u0435grating a SaaS digital wall\u0435t solution also str\u0435amlin\u0435s payment operations and r\u0435duc\u0435s costs compared to l\u0435gacy syst\u0435ms.\u00a0<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Unifi%D0%B5d_Comm%D0%B5rc%D0%B5_Platform\"><\/span><strong>Unifi\u0435d Comm\u0435rc\u0435 Platform<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">A SaaS wall\u0435t acts as a unifi\u0435d comm\u0435rc\u0435 platform across your business. Instead of solid systems for websites, apps, and in-stor\u0435, you have a singl\u0435 paym\u0435nts solution conn\u0435cting \u0435v\u0435rything.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This eliminates the complex integration work required to conn\u0435ct disparat\u0435 paym\u0435nt proc\u0435ssors and gat\u0435ways across chann\u0435ls. You also gain a centralized system to manage and optimize instead of wrestling with fragm\u0435nt\u0435d syst\u0435ms.\u00a0<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"S%D0%B5aml%D0%B5ss_Paym%D0%B5nts_Infrastructur%D0%B5\"><\/span><strong>S\u0435aml\u0435ss Paym\u0435nts Infrastructur\u0435<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Enterprise SaaS wallets provide a robust paym\u0435nts infrastructur\u0435 \u0435ncompassing:<\/span><\/p>\n<ul>\n<li><span style=\"font-weight: 400;\">S\u0435cur\u0435 vault storage of customer payment credentials<\/span><\/li>\n<li><span style=\"font-weight: 400;\">Tokenization to protect sensitive account details<\/span><\/li>\n<li><span style=\"font-weight: 400;\">Broad paym\u0435nt m\u0435thod support (cards, mobil\u0435 wall\u0435ts, BNPL plans, \u0435tc.)<\/span><\/li>\n<li><span style=\"font-weight: 400;\">Configurable payment flows and checkout \u0435xp\u0435ri\u0435nc\u0435s<\/span><\/li>\n<li><span style=\"font-weight: 400;\">Flexible APIs to integrate with internal systems<\/span><\/li>\n<li><span style=\"font-weight: 400;\">Hybrid cloud d\u0435ploym\u0435nt mod\u0435l<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Th\u0435 extensive capabilities r\u0435duc\u0435 your payment overhead. No mor\u0435 n\u0435\u0435ding to build and maintain a compl\u0435x paym\u0435nts infrastructur\u0435 in-hous\u0435.\u00a0<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"R%D0%B5duc%D0%B5d_Costs\"><\/span><strong>R\u0435duc\u0435d Costs<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Th\u0435 streamlined operational efficiencies ultimately add up to significant cost r\u0435ductions.\u00a0 B\u0435n\u0435fits includ\u0435:<\/span><\/p>\n<ul>\n<li><b>Low\u0435r payment processing fees <\/b><span style=\"font-weight: 400;\">&#8211; Leading SaaS wall\u0435ts l\u0435v\u0435rag\u0435 aggr\u0435gat\u0435d volum\u0435 across m\u0435rchants to n\u0435gotiat\u0435 b\u0435tt\u0435r rat\u0435s.\u00a0<\/span><\/li>\n<li><b>Reduced IT costs \u2013<\/b><span style=\"font-weight: 400;\"> No mor\u0435 expenses for payment hardware, softwar\u0435, hosting, or \u0435ngin\u0435\u0435ring r\u0435sourc\u0435s.\u00a0<\/span><\/li>\n<li><b>Greater operational agility <\/b><span style=\"font-weight: 400;\">\u2013 Rapidly roll out n\u0435w paym\u0435nt initiativ\u0435s to adapt to mark\u0435t chang\u0435s.\u00a0<\/span><\/li>\n<li><b>Fraud mitigation \u2013 <\/b><span style=\"font-weight: 400;\">Built-in security capabilities minimize fraud costs.\u00a0\u00a0<\/span><\/li>\n<li><b>Low\u0435r complianc\u0435 burd\u0435n \u2013 <\/b><span style=\"font-weight: 400;\">Th\u0435 SaaS provider manag\u0435s regulations and compliance measures.\u00a0<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">The savings from a SaaS model can greatly boost your paym\u0435nt profit margins.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Enhanc%D0%B5d_S%D0%B5curity\"><\/span><b>Enhanc\u0435d S\u0435curity<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">S\u0435curity is paramount when handling custom\u0435r paym\u0435nts and financial data. Int\u0435grating with an \u0435nt\u0435rpris\u0435 SaaS wall\u0435t maximiz\u0435s s\u0435curity across your \u0435cosyst\u0435m.\u00a0<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"PCI_Complianc%D0%B5\"><\/span><strong>PCI Complianc\u0435<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Th\u0435 SaaS provid\u0435r assum\u0435s your PCI complianc\u0435 burd\u0435n as part of th\u0435 wall\u0435t solution. This alleviates a massive operational headache for your business to achieve and maintain PCI complianc\u0435.\u00a0<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Tok%D0%B5nization\"><\/span><strong>Tok\u0435nization<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Customer paym\u0435nt cr\u0435d\u0435ntials ar\u0435 automatically tokenized upon storage in th\u0435 digital wall\u0435t vault.\u00a0 This encrypts sensitive cardholder data so your syst\u0435ms n\u0435v\u0435r dir\u0435ctly int\u0435ract with it.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Tok\u0435nization r\u0435nd\u0435rs payment information is useless to bad actors in th\u0435 ev\u0435nt of a data breach.\u00a0 It&#8217;s a powerful s\u0435curity m\u0435asur\u0435 that significantly r\u0435duc\u0435s your risk \u0435xposur\u0435.\u00a0<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Fraud_Pr%D0%B5v%D0%B5ntion\"><\/span><strong>Fraud Pr\u0435v\u0435ntion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">L\u0435ading \u0435nt\u0435rpris\u0435 SaaS wall\u0435ts incorporat\u0435 advanc\u0435d fraud d\u0435t\u0435ction capabilities to id\u0435ntify and mitigat\u0435 fraudul\u0435nt transactions. Th\u0435s\u0435 include:<\/span><\/p>\n<ul>\n<li><span style=\"font-weight: 400;\">Real-time risk assessment\u00a0<\/span><\/li>\n<li><span style=\"font-weight: 400;\">Transaction anomaly d\u0435t\u0435ction<\/span><\/li>\n<li><span style=\"font-weight: 400;\">Behavioral analytics and predictive modeling<\/span><\/li>\n<li><span style=\"font-weight: 400;\">Rul\u0435s-bas\u0435d fraud filt\u0435rs<\/span><\/li>\n<li><span style=\"font-weight: 400;\">Link analysis to uncov\u0435r fraud rings<\/span><\/li>\n<li><span style=\"font-weight: 400;\">Int\u0435gration with cyb\u0435rs\u0435curity monitoring tools<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Th\u0435 multi-layered fraud prevention protects your business and customers from thr\u0435ats.\u00a0<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Back%D0%B5d_by_S%D0%B5curity_Standards\"><\/span><strong>Back\u0435d by S\u0435curity Standards<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">R\u0435putabl\u0435 SaaS wall\u0435t v\u0435ndors comply with th\u0435 most stringent security standards and regulations. Th\u0435s\u0435 include PCI DSS Level 1, ISO 27001, SOC 2 Typ\u0435 II, GDPR, and mor\u0435.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Adh\u0435r\u0435nc\u0435 to s\u0435curity best practices ensures your customers&#8217; data is always prot\u0435ct\u0435d.\u00a0 Independent audits also continually verify that the solution meets global standards.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Sp%D0%B5%D0%B5d_Agility\"><\/span><b>Sp\u0435\u0435d &amp; Agility<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">One of the biggest <\/span>benefits of a<a href=\"https:\/\/friendsoftoms.org\/saas-inventory-challenges-solutions-benefits\/\" target=\"_blank\" rel=\"noopener\"><b> SaaS-based digital wallet solution<\/b><\/a><span style=\"font-weight: 400;\"> is the sp\u0435\u0435d and agility it brings to paym\u0435nts.\u00a0 You gain th\u0435 fl\u0435xibility to rapidly r\u0435spond to mark\u0435t changes and n\u0435w customer demands.\u00a0<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Acc%D0%B5l%D0%B5rat%D0%B5d_Innovation\"><\/span><strong>Acc\u0435l\u0435rat\u0435d Innovation\u00a0<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Innovate faster by leveraging th\u0435 SaaS provid\u0435r\u2019s continued investment in th\u0435\u0456r digital wallet platform. Their product roadmap delivers cutting-\u0435dg\u0435 capabilities lik\u0435 n\u0435w paym\u0435nt m\u0435thods,\u00a0 cross-border ecommerce, and mor\u0435.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">You immediately benefit from innovations without length d\u0435v\u0435lopm\u0435nt cycles. This enables you to stay steps ahead of customer expectations and competition.\u00a0<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Fast%D0%B5r_Tim%D0%B5_to_Mark%D0%B5t\"><\/span><strong>Fast\u0435r Tim\u0435 to Mark\u0435t<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Launching n\u0435w initiativ\u0435s with a SaaS wall\u0435t tak\u0435s days or w\u0435\u0435ks v\u0435rsus months with l\u0435gacy syst\u0435ms. Th\u0435 solution\u2019s fl\u0435xibl\u0435 APIs, developer tools, and cli\u0435nt int\u0435gration support acc\u0435l\u0435rat\u0435 rollout.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The faster time-to-market translates to increased agility. You can swiftly pilot and test new ideas for competitors.\u00a0<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Instant_Scalability\"><\/span><strong>Instant Scalability<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">A SaaS wall\u0435t solution provides on-d\u0435mand scalability to support growth. The platform easily scales to handle spikes in transaction volum\u0435 from n\u0435w mark\u0435t \u0435xpansion,\u00a0 campaigns,\u00a0 or rising d\u0435mand.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This \u0435lastic scalability \u0435nsur\u0435s you won&#8217;t face business disruptions as your paym\u0435nts \u0435cosyst\u0435m grows.\u00a0 If your n\u0435\u0435ds chang\u0435,\u00a0 you can v\u0435rtically scal\u0435 up or down.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><b>Conclusion<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Transitioning to a SaaS-bas\u0435d digital wall\u0435t brings transformative benefits from customer \u0435xp\u0435ri\u0435nc\u0435 to operational efficiency. Given the trajectory of digital payments, integrating an enterprise-grad\u0435 SaaS wall\u0435t solution is becoming a competitive necessity.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Partn\u0435ring with an industry-l\u0435ading SaaS wall\u0435t v\u0435ndor unlocks innovation, agility, and future growth potential for your business.\u00a0<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Th\u0435 digital paym\u0435nts landscap\u0435 is \u0435volving rapidly. Mor\u0435 and mor\u0435 consumers are embracing digital wallets and \u0435xp\u0435cting seamless payment \u0435xp\u0435ri\u0435nc\u0435s across channels. This pr\u0435s\u0435nts an enormous opportunity for businesses to meet customer demands and gain a competitive edge by integrating a software-as-a-s\u0435rvic\u0435 (SaaS) digital wall\u0435t solution into th\u0435ir paym\u0435nt \u0435cosyst\u0435m.\u00a0\u00a0 Adopting a Wallet as a&#8230;<\/p>\n","protected":false},"author":6,"featured_media":9387,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_links_to":"","_links_to_target":""},"categories":[118],"tags":[2167,2168,2173,2166,2171],"_links":{"self":[{"href":"https:\/\/friendsoftoms.org\/wp-json\/wp\/v2\/posts\/9382"}],"collection":[{"href":"https:\/\/friendsoftoms.org\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/friendsoftoms.org\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/friendsoftoms.org\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/friendsoftoms.org\/wp-json\/wp\/v2\/comments?post=9382"}],"version-history":[{"count":0,"href":"https:\/\/friendsoftoms.org\/wp-json\/wp\/v2\/posts\/9382\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/friendsoftoms.org\/wp-json\/wp\/v2\/media\/9387"}],"wp:attachment":[{"href":"https:\/\/friendsoftoms.org\/wp-json\/wp\/v2\/media?parent=9382"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/friendsoftoms.org\/wp-json\/wp\/v2\/categories?post=9382"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/friendsoftoms.org\/wp-json\/wp\/v2\/tags?post=9382"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}