EuroShop 2020

•••6••• Innovationen Payment of the future Verticalisation of payments can open new business opportunities 2 020 is here, and another wave of payments innovation is right on schedule: verticalisation. In other words, companies are bringing payments in-house to be- come their own “vertical” Square or Stripe. For companies of every shape and size across every industry, the next decade of payments innova- tion presents a major opportuni- ty to own a piece of the growing payments industry by bringing payments in-house and becoming a payment facilitator. This not on- ly translates to savings in terms of fees no longer paid to third-party service providers, but it can open up new opportunities for business and customer experience innova- tion. How can you tell whether this model makes sense for your busi- ness? Here are two key considera- tions: Processing volume: Once trans- action volumes exceed $50 mil- lion annually, it may be cheaper to handle payments in-house. Lightspeed POS, for example, estimates it is able to take an ad- ditional 55bps per transaction via its own payments product rather than relying on its leg- acy merchant referral model. Payments complexity: If you’re just accepting card transac- tions from customers, it may make sense to outsource your payments. But if you’re taking payments on behalf of others and making payouts to those submerchants as a platform, marketplace or aggregator, you might want to bring payments in-house so you can own your merchant portfolio, streamline disbursements to recipients and tune merchant underwrit- ing rules to fit your specific use case. As history shows, companies that keep up with payments innova- tion cycles and deliver the right customer experience are the ones that ultimately win. Look- ing to the decade ahead, it’s all about verticalisation. Every busi- ness has to consider what they can do to prepare themselves for this change. With vertical payment every company becomes a payment company. Photo: Nathan Dumlao Anzeige RIVACOLD: OUR REVOLUTION IS ABOUT TO BEGIN Euroshop is one of the world’s big- gest international trade fairs for retail and Rivacold on this occa- sion is presenting a wide range of products that were specifically de- signed for this market. All products have been developed for the current and future refrigeration market de- mands and trends and, at the same time, to combine reduced environ- mental impact, low energy con- sumption and good quality solution for all variety of food retail in their single or integrated solutions. Rivacold chooses the most cut- ting-edge technology on its his- torical product: the R290 wall mount Blocksystem packaged units becomes BEST and will be unveiled to all customers in preview at Euroshop 2020 fair. A new industrial design, a revo- lutionary electronics and an inte- grated connectivity system will make this product, a esthetically appealing, functional and digi- tally innovative for the food re- tail market. All attendees will be wellcome to visit us where they will be guided along an experi- ence full of innovative solutions. PROPANE (R290) • BEST: preview of the new range R290 wall mount packaged sys- tems with the new revolutionary electronic control. • SF_WL: R290 Water-loop ceil- ing mount packaged systems for cold rooms for medium and low temperature application • SE_TE: R290 packaged systems using R290 for Eco-design com- pliant cabinets and tables • CHILLER: new R290 refrigera- tion food process chiller CO 2 (R744) • SPLIT-CO 2 NNEXT the first transcritical split systems func- tioning with CO 2 variable capac- ity BLCD hermetic compressor for cold rooms of medium and low temperature convenient stores. • TX_COMPACT CO 2 transcriti- cal high efficient multi-compres- sor booster pack system. • MULTI– CO 2 NNEXT transcriti- cal CO 2 booster multicompressor pack with an additional revolu- tionary and high efficient mod- ule for AC and HEATING inte- grated system, matching all the needs of a standard convenience store. • New generation of gas coolers with mini-tubes and high effi- cient EC fan-motors. • Static and Cubic Evaporators for counters and cold rooms using CO 2 as refrigerant. EUROSHOP 2020 Hall 17 Stand D01 www.rivacold.com