How Advantage Tyres Are Boosting Profits With Verifone Online Payments

By EFTPOS NZ October 15, 2024 2 minutes read time

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Discover how Advantage Tyres (formerly Beaurepaires) reduced transaction fees and chargebacks by switching to Verifone Online Payments provided by Eftpos NZ, benefiting from local Kiwi-based support and a more cost-effective solution.

Background

Advantage Tyres faced significant challenges with its former, international payment vendor. High transaction fees and frequent chargebacks were cutting into profits and causing operational inefficiencies. Seeking better financial terms and reliable support, the business decided to explore alternative payment solutions for their eCommerce website.

advantage phone-1

Challenges

High Transactional Fees: Their former vendor's high fees for each transaction significantly reduced profit margins.
Frequent Chargebacks: Chargebacks created additional costs and administrative burdens, further impacting their bottom line.
Limited Local Support: Lack of local support made it difficult to resolve issues promptly and efficiently.

Solution

Verifone Online Payments provided by Eftpos NZ emerged as the ideal alternative, offering several key advantages:

Cost-Effective Solutions: Verifone's competitive transaction fees directly addressed one of Advantages primary pain points.
Stable and Reliable Gateway Plugins: The stability, flexibility, and reliability of Verifone's WooCommerce gateway plugin ensured a smooth transition.
Local Kiwi-Based Support: The local support team provided personalised customer support to ensure the project was a success.

"We were struggling with high transactional fees and chargebacks from a larger international vendor, which made Verifone Online Payments a refreshing change. The local Kiwi-based support and cost-effective solutions immediately stood out. The Verifone eCommerce team were incredibly easy to work with, providing outstanding customer service. The gateway plugins are impressively stable, flexible, and reliable, reflecting the care put into their development. I would recommend Verifone to anyone involved in eCommerce, big or small, as their local support ensures your needs are better met. Choosing Verifone is truly a no-brainer."

Richard Simms
IT Manager, Advantage Tyres

Results

The transition to Verifone Online Payments led to significant positive outcomes:

Reduced Transactional Fees & Chargebacks: Immediate cost savings from lower transactional fees and fewer chargebacks boosted overall profitability.
Ease of Integration: There was no development required by Advantage to connect Verifone's payment gateway with their website, saving both money and development effort.
Enhanced Support: The local, Kiwi-based support team provided timely and effective assistance, improving operational efficiency and reducing downtime.