Payment Insights (the Computop Podcast‪)‬ Computop Global

In this episode of Payment Insights (the Computop podcast), Computop payment experts Briana Kovacs and James 'Jed' Danbury join forces with Steve Villegas, VP, Head of Partnerships North America at PPRO, to talk about the specifics of payments outside the USA and how to expand your business successfully abroad.

Listen to the full episode to learn more about how people pay in Europe and Asia, the right payment mixes and why only relying on credit cards and PayPal isn't a good idea, if you want to get high revenue in Europe and other parts of the world.

Together with Kostika Stralla, Senior Product Manager at Computop, Henning Brandt talks in this episode about the future of payment in public transport. The future of public transport has already begun in many parts of the world.In many parts of the world, the future of public transport has already begun. Cities like London, Tokyo and New York are leading the way: Paper tickets, but also proprietary cards of network operators are becoming a thing of the past.

All that passengers will need to carry in future is a credit card or a smartphone. Mass Transit Transaction is the name of the technology that enables entering stations and managing payment on the fly, along with numerous advantages for customers and companies alike.



Time codes:

1:00 - What are Mass Transit Transactions

3:44 - Closed Loop vs. Open Loop

6:00 - Known Fare Transaction and Pay as You Go

9:26 - Cheaper journeys through intelligent billing

12:00 - Advantages for consumers

15:16 - Advantages for public transport companies

18:21 - Hardware requirements and infrastructure

19:44 - Implementation of popular smartphone payments

21:30 - Requirements for Mass Transit Transactions

24:50 - Scalability

26:20 - Interoperability between public transport companies

28:00 - Summary

In times of Corona it is imperative to fight revenue loss at retail shops in an effective manner. Luckily there are easy to implement solutions, which allow merchants to accept orders via telephone and then to send out an e-mail link, in order to receive payments.

In this special episode of Payment Insights Henning Brandt welcomes the two Computop payments experts Stephen Audritsch (Head of Merchant Services) and Thomas Strozyk (Head of Key Account Management). Together they discuss actionable and easy to follow measures for merchants who struggle to generate revenue at the Point of Sale. Shifting business to the online channel is easier than they might think and often requires minimal effort.

Learn how and why a big Computop customer is already using "Computop Payment by Link" and the "Computop Hosted Payment Page" and how it can help regular stationary buyers: Even without visiting the online shop, orders can be placed by telephone and paid for conveniently by e-mail link.

Together with POS expert Moritz Baer, Henning Brandt talks about a new generation of terminals at the point of sale. Devices based on Android allow more convenient transactions and combine the payment process with other valuable elements.

In the future, merchants will be able to use the card terminal to access inventory management or seamlessly integrate loyalty programs into the payment process.

What does the approach of an app ecosystem in the terminal mean in practice?

Timecodes:

1:04 - What does Point of Service mean?

3:20 - Terminals running on Android

6:58 - Adressen foreign payment methods: opportunities for better business with tourists

9:28 - A new app-ecosystem: transforming the point of sale into a point of service

13:03 - Wrap-up