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Bold Commerce Launches Dynamic Payment Feature

December 16, 2023
in Fintech
Reading Time: 2 mins read
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Bold Commerce Launches Dynamic Payment Feature

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Headless checkout firm Daring Commerce launched a dynamic fee characteristic for Daring Commerce.

The characteristic permits retailers to point out solely the fee choices related to therm.

Daring Commerce has raised $44 million and is headquartered in Canada.

Headless checkout firm Daring Commerce introduced the launch of its dynamic fee characteristic for its Daring Checkout product this week.

Daring Checkout is the corporate’s tailor-made checkout answer that goals to assist companies improve conversion, lifetime worth, and common order worth, in the end driving extra income. The newly launched dynamic fee characteristic provides firms the flexibility to develop and handle a number of completely different fee choices, together with digital wallets, purchase now, pay later (BNPL) and account-to-account funds. By providing a wider vary of fee strategies, manufacturers can attain extra customers and convert consumers into consumers.

The dynamic fee characteristic enhances Daring Checkout’s Fee Booster, which helps manufacturers ship fee choices tailor-made for particular person consumers based mostly on their profiles, the system they’re utilizing, and previous buying conduct. Daring Checkout harnesses in depth knowledge to allow manufacturers to ship hyper-personalized experiences to their prospects. By displaying solely the fee strategies pertinent to every particular person, it ensures a tailor-made method, stopping data overload by streamlining the accessible choices at checkout.

“The one option to provide consumers flexibility in fee strategies–with out going overboard on choices–is to rigorously curate and personalize choices to them based mostly on who they’re, how they store and the place they’re purchasing from,” mentioned Daring Commerce CEO Peter Karpas. “The power to personalize funds for particular person consumers rounds out a totally tailor-made checkout expertise powered by Daring–from when consumers enter the checkout to fee to even post-purchase. This not solely will increase conversion for manufacturers, however will increase common order worth and buyer lifetime worth as nicely.”

Daring Commerce was based in 2012 and is headquartered in Canada. Earlier this yr, the corporate teamed up with PayPal to supply the fee know-how amongst its choices at checkout. And final month, Daring Commerce partnered with open banking know-how firm Hyperlink Cash to assist its service provider purchasers provide extra fee choices within the checkout expertise for his or her finish prospects.

Daring Commerce has raised $44 million and has been named to Deloitte’s Tech Quick 50, E&Y’s Entrepreneur of the Yr, and CBInsights’ Retail Tech 100.

Photograph by Steve Harvey on Unsplash

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