The recent merger between NICE and VAN-PG is set to create a one-stop payment and settlement service that integrates domestic online and offline transactions with cross-border payments. This consolidation is expected to leverage the financial soundness of a large comprehensive payment provider, thereby enhancing brand recognition and strengthening sales competitiveness in the market.
Furthermore, the merger includes a strategic focus on the efficient redistribution of resources, especially in risk management investments such as the fraud detection system (FDS), which aims to minimize fraudulent transaction risks while bolstering the reliability of settlement operations. This dual approach not only aims to enhance consumer trust but also positions the newly formed entity to lead innovations in the payment ecosystem, ensuring a safer and more convenient experience for both customers and merchants.
👉 Pročitaj original: CIO Magazine
