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Latin America (LatAm) – based payment orchestration platform, DEUNA is partnering with Hands In, the split payment provider, to allow its merchants to make higher transaction values and reduce failed transactions due to insufficient funds.
This will be made possible as DEUNA integrates Hands In‘s Multi Card Payments and Group Payments into its checkout services. Merchants can now offer customers the ability to split payments across multiple cards. Credit limits and insufficient funds on a singular payment method will no longer be barriers to purchase goods.
This offering will be particularly valuable in industries with high basket values. For example, the aviation and luxury goods industries will now benefit from a greater checkout experience.
Samuel Flynn, founder and CEO of Hands InSamuel Flynn, founder and CEO of Hands In said: “We’re thrilled to partner with DEUNA as we expand our presence in the LatAm market, one of our largest regions for Multi Card processing. Given the prevalent low credit limits in this region, our split payment solutions will provide significant benefits to DEUNA merchants and their customers.”
Spreading the cost
The Group Payments offers a unique selling proposition (USP) for DEUNA merchants, enabling them to split payments at checkout in customisable amounts. This feature eliminates the need for customers to chase others for money owed, thereby improving the overall user experience.
Jose Torres from DEUNAJose Torres from DEUNA comments on the strategic advantage of their partnership with Hands In: “The partnership with Hands In not only enhances our services by optimising the checkout experience but also introduces a groundbreaking capability that addresses barriers faced by high-ticket industries like airlines. This collaboration marks a significant leap forward in supporting and elevating our merchant operations.”
The post DEUNA Reduces Failed Transaction Rate With Hands In Split Payment Integration appeared first on The Fintech Times.
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