Why an established leader in payments matters

Juniper’s Global eCommerce Payments Market 2024-2029 Competitor Leaderboard report highlighted Visa Acceptance Solutions as an ‘Established Leader’ for payment vendors among 18 other competitors.¹ The report evaluates companies at the forefront of the eCommerce payments market and any services it provides beyond payments over the same platform, including alternative and cross-border payments. The categorizations range from ‘Disruptor & Challenger’ to ‘Leading Challengers’ and ultimately ‘Established Leader’. Visa Acceptance Solutions’ inclusion as an ‘Established Leader’ is not only noteworthy but significant for those seeking a payments processor that can provide not just the bare minimum for payment facilitation and protection, but additional value-added services that can increase revenue and fraud protection at the same time.

Juniper emphasized Visa Acceptance Solutions’ unique connectivity model covering over 190 markets as one of its key strengths, with its scale and the size of its global payment network notably allowing it to partner with many banks and large tech partners across the market. Why does this matter? It means that, with Visa Acceptance Solutions, you can connect anywhere at any time with a platform that can do it all for you. Juniper also remarked on the development of Visa Acceptance Solutions and its strategic implementation that shows how Visa is actively listening to its clients by providing better solutions through its integration into one platform. The Visa Acceptance Platform is a solution that provides open payments and open possibilities. This lets you easily leverage a broad range of pre-integrated modular services and a growing ecosystem of payments and technology partners, meaning it can evolve with you and your business.

With its ranking deeply positioned within the ‘Product and Positioning’ and ‘Capacity and Capability’ axes, Visa Acceptance Solutions stands out with its robust payment platform that has been heavily upgraded to create a modular yet highly cohesive platform with scale and performance. Our large payments network can serve any size of merchant clients, from enterprises to small businesses, and provides merchants the freedom to deliver the top local payment options and help maximize conversion rates and sales. By investing in expanding digital features, you not only cater to consumer preferences but also position yourself to capitalize on the potential for increased revenue,² something that no merchant wants to miss out on. Visa Acceptance Solutions can address all these areas and can make it easy for you to build the payment solutions that fit your needs best.

Three key market takeaways were identified by Juniper for merchants to consider when building or buying solutions for their payment acceptance needs:¹

• Smart routing is the newest technology revolutionizing payments acceptance: merchants need a partner that can route payments based on the optimal path for performance and higher authorization rates
• Localized payment methods appeal to eCommerce merchants: payments providers must have multiple payment options available for merchants looking to scale
• Leading eCommerce platforms are focusing on the provision of omnichannel payments: payments providers must deliver a seamless customer experience from start to end to keep up with growing consumer demands
   

These three areas rely on (1) machine learning and AI to process billions of data for real-time decisioning, (2) a necessity for payment providers to offer a wide range of payments options as cross-border eCommerce grows, and (3) an insistence in meeting customers where they are for a seamlessly integrated customer journey. While at first overwhelming, this process can be simplified by joining forces with a powerful partner that, like Juniper encourages, can remove the complexity of payments for you so you can operate wherever your business takes payments. Need ideas? Look no further.

As an established leader in payments, Visa Acceptance Solutions eagerly looks to guide your payments journey, whether you’re just starting as a small business or you’re an enterprise merchant looking to expand your services beyond the horizon. As such, our secure integration methods to third-party commerce platforms enables digital acceptance integrations in all channels, including mobile. Token Management Service leverages data from the payments ecosystem to help optimize token management, aiding your business in addressing data security challenges, enhancing customer experiences, boosting revenue, and reducing fraud, all at the same time. We provide a wide array of alternative and local payment methods, including installments, BNPL, eWallets, and bank transfers, to name a few.

All these solutions from one payments partner—Visa Acceptance Solutions. Find out how you can stay on top of these payment trends by partnering with an established leader in your payments ecosystem, like us.