optile Announced as a Winner of the Golden Transaction
January 25th, 2018
optile Announced as a Winner of the Golden Transaction at the Payment Exchange 2018
Munich, January 25th, 2018 – optile GmbH, an open payment platform for international online enterprises, has been named a winner of the Golden Transaction award in the category “Customer Benefit” at the Payment Exchange 2018. Initiated by paymentandbanking, the most influential German finance blog, and Payment Exchange, the event for innovators and trendsetters in payment, this award is annually honouring the most innovative solutions in the financial and payment industries since 2016.
The Golden Transaction awards recognizes three winners in the categories “Innovation”, “User Experience”, and “Customer Benefit”. Numerous nominated companies, agencies, merchants as well as service providers, which have created a prominent and innovative payment solution, were evaluated by nine top-level payment experts and professionals. The main criterion for the selection of the winners lied in the positive reflection of their solution on the payment flow in terms of conversion optimisation, usability, costs and risks as well as customer benefit and satisfaction.
optile has been awarded in the category “Customer Benefit” for its Advanced Payment Routing Solution. The main goal of the product is to give the merchant the choice to decide, how their payment transactions should be distributed between connected payment service providers and methods in the countries they are active in. By spreading risks between various payment methods, payment providers, acquirers, or banks across multiple countries, optile’s advanced routing helps online businesses to avoid down time, lower direct and indirect costs and improve their payment success rate.
With it, e-businesses are able to expand to new countries with multiple global and local payment methods, without additional effort and complexity. Furthermore, end-customers will be happy to find their preferred payment mix on the merchant’s market as well as enjoy the frictionless payment experience. Advanced Routing has been already recognized twice with awards, the first one being the “Digital Payment Solution” at the Webit Festival 2017 held in Sofia, Bulgaria.
“We are very proud that our Advanced Routing solution was recognized with the Golden Transaction award at the Payment Exchange”, says Daniel Smeds, CEO and Founder of optile. “Striving for innovation, optile’s Open Payments bring our clients to the next level of payment experience and help them to find just the right payment setup to best fit their companies’ strategy.”
optile is a solution built to optimize the payment world – not only for e-businesses, but also for end users. The Munich-based company has created a platform that virtualizes the payment market, so businesses get access to any payment method, payment service provider or acquirer, and third party logics. With optile’s single interface, businesses can easily connect to local and global payment solutions. Smart registration logics and personalization allow end-users to experience a seamless shopping experience helping online businesses to boost their conversion and increase their customer lifetime value. optile’s open platform comes with a significantly reduced implementation time, minimizing technical and operational expenses for online enterprises.
optile serves digital leaders in their respective industries and technical platform businesses, covering the bases of retail, travel, dating, gaming, and more.
About Payment Exchange
The Payment Exchange (PEX) is the event for payment and banking industries. Numerous fintech, payment, and e-commerce experts meet at this conference to discuss the current developments on the market. Top-class speakers and merchants as well as excellent specialists share their know-how with the guests. Diverse, important topics and news from the industry are discussed in the casual and easy atmosphere. The event serves as a discussion platform with the goal of communicating applicable payment expertise as well as enabling the knowledge exchange on equal footing. Since 2016, the PEX takes place annualy in Berlin and hosts about 160 participants and 30 speakers. The PEX was initiated by the paymentandbanking team: www.payment-exchange.com
Our goal at paymentandbanking is to share and pass on our expert knowledge about payment, banking, fintech, and mobile to our readers. Being a trendsetter, our mission is to show the trends and to place them in the current context as well as to create clear parallels by presenting a complex content in a consumable, easy manner. Along with publishing always up-to-date articles, infographics, mindmaps, overviews, and our weekly podcast, we regularly hold speeches at payment industry related events and congresses. Meanwhile we have become successful organisers of the Payment Exchange and Banking Exchange and annually award a prize for the “FinTech of the Year”.
We have our own opinion. We are honest, unbiased, independent, and always deliver the latest updates on the main topics from payment and banking in the DACH region. Having been recognized with the condirect finanzblog Award 2016, paymentandbanking is currently one of the best financial blogs in Germany: www.paymentandbanking.com
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