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Mobile Payments

How to build loyalty with Luxury’s new generation of shoppers

How to build loyalty with Luxury’s new generation of shoppers

The anticipated emergence of Millennials and Gen-Z into the luxury retail space is here. Currently accounting for approximately 50% of luxury sales across the globe, this figure is expected to exceed 70% by 2025 (Bain & Co., 2022). As modern technology and evolving customer mindsets shape the landscape of high-value retail, the lines between physical and digital touch points continue to blur. At Prommt we have noticed that many of our luxury clients are incorporating a more personalised communications strategy that extends to payment collection and beyond, in order to foster relationships with repeat customers. We believe that by developing a business strategy where digital and in-store interactions complement rather than compete with each other, brands are able to successfully create bespoke shopping experiences that connect and leave a lasting impression. Luxury’s new generation of hybrid shoppers expect to engage with brands through multiple channels simultaneously. Read our latest market insight piece to learn how an omni-channel approach to payment flexibility focused creating bespoke experiences opens opportunities to enhance the way retailers interact with customers, building stronger and more enduring relationships.

How to Reduce Fraud this Festive ShoppingSeason

How to Reduce Fraud this Festive Shopping Season

Black Friday and Cyber Monday are synonymous with big sales and deal bonanzas that kick-start the festive shopping season. These deals are not just online or in-store, many purchases, particularly high-value, luxury purchases are often done over the phone in consultation with the retailer. There is often a sharp increase in online and mobile banking fraud during this time of year, which usually occurs when sensitive payment details including PIN codes are misappropriated. The value of unauthorised electronic payment frauds stood at €21.5 million for the second half of 2021 in Ireland. Keep security top of mind this festive season by minimising fraud & chargebacks with Prommt’s secure, trusted, branded payment requests.

Enhance Fan Experience and Grow Revenue with Prommt’s Advanced Pay By Link Solution for Sports Hospitality

Enhance Fan Experience and Grow Revenue with Prommt’s Advanced Pay By Link Solution for Sports Hospitality

Are you still processing payments riskily over the phone or receiving card details through email or WhatsApp, resulting in a poor fan experience and causing you PCI & GDPR/UK DPA compliance concerns? Prommt is an advanced payment request platform that allows you to send secure, branded payment links via email & text message. Our trusted payment links outsource card number entry to the customer, and shift fraud liability to the card issuer and away from the merchant. We partner with all of the main payment providers in the UK, including Barclaycard, Clover/Fiserv, WorldPay and Global Payments.

Grow Revenue with Prommt’s Advanced Pay By Link Solution for Sports Hospitality

Grow Revenue with Prommt’s Advanced Pay By Link Solution for Sports Hospitality

Are your teams still processing payments over the phone or receiving card details via email or WhatsApp? Prommt enables you to take remote payments by SMS and Email using our secure PCI compliant checkout, avoiding the risk of data breach. Insecure storage and transmission of cardholder data puts your revenue at risk through card fraud and chargebacks, not to mention the reputational damage from data breach.

Risks of Card Fraud and Chargebacks in Sports Hospitality

Risks of Card Fraud and Chargebacks in Sports Hospitality

All merchants accepting debit and credit card payments run the risk of being liable for chargeback disputes, costing their business valuable time, money and resources. Moreover it risks reputational damage and the termination of merchant accounts, as banks may penalise businesses that incur chargebacks beyond a certain threshold. Prommt’s trusted payment links outsource card number entry to the customer, and shift fraud liability to the card issuer and away from the merchant.

Prommt now available as integration to Oracle OPERA 5

Prommt’s Oracle OPERA Integration is a game changer for hotel payments

We have just released a new integration for Oracle Hospitality’s OPERA 5. This is an exciting development for all of those hotels who would like to access the power of Prommt from within their own hotel management system. It will take remote payment processes to the next level in terms of speed, efficiency and ease of reconciliation. You can read the full press release here…

Prommt makes every customer feel like a VIP

Payments: making every customer feel like a VIP

VIP experiences are no longer the preserve of the jet set. I’ve noticed a real democratization of the VIP experience in travel, hospitality and retail over the past decade or so which is directly related to rapid advances in technology and personalized marketing.

Prommt multichannel payment links

Prommt Secures PCI-DSS Level 1 Certification

We are thrilled to have been certified PCI DSS Level 1 compliant. We have always put security and data protection at the forefront of our efforts to transform payment processes and this globally recognised certification is a real testament to that.

Tourist travelling safely on a journey paid for using Prommt

Re-Opening Hospitality Safely with Prommt

As the hospitality sector emerges from lockdown and prepares for a critical Summer season, we look at how hotels, guesthouses and other accommodation providers can use Prommt to limit cash transactions and minimise guest contact as they look to re-open safely…

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