Open Banking Payments in the US: Enhancing Security and Reducing Costs for Merchants 2023 | Merchant Risk Council | 18 October 2023 | Webinar
Venue
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| Event Date | Wed Oct 18 EDT (about 1 year ago) |
| Location | Webinar |
| Region | Americas |
Details
US merchants spend 10% of annual ecommerce revenue to manage payment fraud. That's compared to 6% in Europe where open banking payments are prevalent.
Join us as we explore the advantages of open banking payments for merchants in the US. Open banking payments offer a secure and cost-effective alternative to traditional card payments, with the potential to reduce transaction costs by up to 70%.
In this webinar, we will delve into the mechanics of open banking payments, highlighting how they can mitigate fraud risks and enhance overall security. We will also discuss the seamless integration of open banking payments into merchant platforms and explore real-world case studies showcasing the significant benefits achieved by businesses that have adopted open banking payments.
Speakers
2023 Speaker
Shaun Vanderkaap
Head of Commercial, Link Money