Yuno partners with ComparaOnline

Tuesday 14 May 2024 15:25 CET | News

Payment orchestration platform Yuno has partnered with insurance and credit marketplace ComparaOnline to enhance the latter’s transaction processes and approval rates. 

As per the information detailed in the press release, the integration of Yuno’s technology allows ComparaOnline to accept payment methods in three additional countries, thus working towards enhancing the transaction process and payment approval rate. Through Yuno’s platform, ComparaOnline received the ability to access all the worldwide payment methods available in Chile, Brazil, and Colombia and integrate the additional relevant ones.

Payment orchestration platform Yuno has partnered with insurance and credit marketplace ComparaOnline to enhance the latter’s transaction processes and approval rates.

What other benefits received ComparaOnline?

By partnering with Yuno and utilising its solutions, ComparaOnline is also set to increase the productivity and convenience of its technology team, as it no longer has to deal with each payment provider directly. The removal of this task aims to minimise time, effort, and local knowledge in each of the different geographies. According to ComparaOnline’s officials, by making direct transactions available, the company focuses on having better terms with some acquirers and card brands as it can provide improved success rates. Additionally, the move enables the company to avoid transaction failures and lost sales due to Yuno’s solution allowing it to charge through alternate means if one path fails.

Furthermore, Yuno’s routing technology enables each transaction to go through a specific payment method with several providers. If a transaction is denied by one provider, the company’s technology reroutes it to the most efficient pathway, prioritising the route with the highest acceptance rate, lowest transaction costs, and the appropriate customer experience. The approach intends to increase purchase completions and payment approval rates, whilst minimising costs by selecting providers offering the most competitive rates when purchasing. Representatives from Yuno underscored that the company’s objective is to contribute to a more democratic payment market globally, providing solutions that can contribute to the development strategies of companies of all sizes. By implementing its services, Yuno aims to provide companies with security and agility, supporting them in focusing more on their core business.

Yuno’s previous news

Operating worldwide, Yuno is committed to enabling commerce globally by allowing businesses of all sizes to accept and disburse payments, while fostering financial inclusion. Prior to the current announcement, the company expanded its presence in Asia by introducing its payment orchestration solution in Singapore, the Philippines, Thailand, and Hong Kong, among others. The move allowed businesses in the countries to utilise Yuno’s platform to access over 300 payment options and integrate features, including one-click checkout modifications, smart routing, and anti-fraud tools for secure payment experiences and enhanced approval rates.

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Keywords: partnership, online payments, digital payments, growth markets, payment methods
Categories: Payments & Commerce
Companies: Yuno
Countries: Brazil, Chile, Colombia
This article is part of category

Payments & Commerce


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