Winning a Faustian Bargain: Local Payment Methods and Recurring Payments
Local payment methods often have devoted user bases which provide merchants with access to large numbers of customers. The higher initial approval rates these methods tend to offer, however, may come with lower acceptance for recurring payment options. In this presentation, Adyen and MailChimp discuss how they have worked to make various regional payment methods work in a recurring model. Tips for reducing fraud and working with Alipay conclude the review.