Opayo by Elavon
4.1
35
Opayo is a UK-based payment provider that helps businesses accept payments from customers both online and in-store. They processed £40bn worth of card payments for over 50,000 merchants in 2019.
Strengths
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Security
PCI DSS compliant and uses tokenization to protect sensitive data
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Ease of use
Simple integration with popular e-commerce platforms
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International support
Supports multiple currencies and languages
Weaknesses
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Pricing
Transaction fees can be higher than competitors
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Limited features
Lacks some advanced features like recurring payments and invoicing
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Customer support
Some users report slow response times from customer support
Opportunities
- Could add more advanced features to compete with other payment processors
- Could partner with more e-commerce platforms to expand customer base
- Could lower transaction fees to attract more customers
Threats
- Facing competition from established payment processors like PayPal and Stripe
- Changes in regulations could impact the payment processing industry
- A security breach could damage the reputation of the company and lead to loss of customers
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Opayo by Elavon Plan
Opayo by Elavon offers a tiered pricing strategy with three versions, starting at 10p per transaction and increasing based on features.
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