What We're Up to
Keeping You Updated, One Press Release at a Time.
Avangate Named Amongst Most Innovative Companies
November 25, 2014 - Avangate was named one of the most innovative companies in 2014 in the technology track by Business Magazin, a business publication.
The recognition was based on the latest addition to the Avangate commerce solution, the Revenue Recovery Tools. The RRT is an add-on that improves conversion and retention for recurring revenues lost due to passive churn and limitations of working with just a limited set of processors, an area traditionally reserved for only the largest of merchants - but now available to companies of all sizes.
RRT brings together extended credit account updaters, retry logic, gateway failure/ intelligent payment routing, as well as bundled advanced third party tools leveraging direct bank integrations and big data analysis. Typical recovery has averaged 20% of lost orders with early adopters recovering over 40% of churned revenues.
The Business Magazin Innovation Report contains details regarding the type of the innovation (technical, business, marketing), the effects of the innovation (on the company's financial results, the quality of the business environment, of people's lives, business partnerships and the society at large), along with a description of the practical implementation of the innovation: persons involved, duration and technical details.
To read more about Avangate's entry, read the 2014 Business Magazine Most Innovative Companies Report (in Romanian).
About 2Checkout
Verifone’s 2Checkout platform is an all-in-one digital sales optimization solution that drives sales growth across online channels while managing the sales process from end-to-end to allow clients to focus on innovation and delivering exceptional customer experiences.
Learn more at www.2checkout.com
2Checkout Newsletter
Whether it's news you're looking for or an expert's advice on how to sell, you've come to the right place. Find guidance in our latest eBooks, webinars, reports and conversations with industry thought leaders to further increase revenue, maximize the value of every customer, and expand global reach.
