In today’s global marketplace, navigating payments with ease is nonnegotiable for merchants. However, complexities often arise, especially with cross-border transactions. That’s where Shift4 and Acquired.com step in, offering a dynamic partnership that brings invaluable benefits to merchants.
Payment Ecosystem in the UK
In the UK, there is a significant surge in online shopping activity, with total sales expected to skyrocket to £310 billion in 2027. But these purchases aren’t limited to the UK alone—British consumers regularly engage in cross-border transactions, spending £27 billion each year on purchases from international websites.
No wonder digital payment methods dominate within the UK, with cards accounting for over half of all online transactions. This trend underscores the growing importance of digital commerce and the increasing reliance on convenient payment solutions in the region.
How We Unlock Success Together with Acquired.com
Our partnership stands at the forefront of seamless, secure, and customer-centric payment options. With our unified commerce solutions, we streamline operations for cross-border merchants in the UK. Here’s how we make it happen:
Flexibility and Innovation
Empowering merchants with choice and innovation is at the heart of our collaboration.
We provide unparalleled flexibility, allowing merchants to adapt and excel in a constantly evolving landscape. This emphasis on choice not only enriches the customer experience but also gives businesses a competitive edge in today’s dynamic digital environment.
Collaborative Endeavors
Our partnership extends far beyond transactions. From money remittance to luxury retail, we tackle diverse projects together. What truly sets us apart is our shared commitment to innovation. Shift4’s forward-thinking approach, combined with Acquired.com’s industry expertise, has led to groundbreaking initiatives like network tokenization.
Driving Results
Tangible results speak volumes. Since implementing network tokenization, Acquired.com has witnessed an impressive 4% increase in authorization rates. This success highlights the effectiveness of Shift4’s innovative solutions. Also, Acquired.com’s open banking solution, powered by Shift4’s robust payments infrastructure, has gone above and beyond, sealing the success of our partnership.
Shaping the Future of Commerce in the UK and Beyond
The future of commerce shines brightly, thanks to our collaboration with Acquired.com. By merging innovation with expertise, we’re rewriting the rules of engagement and paving the path for a more dynamic, secure, and inclusive global marketplace.
To find out more about how we can help you make the best payment choice, please visit: https://www.shift4.com/online-payments