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Internet Retailing JUMP START: Payments and Fraud

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1 Internet Retailing JUMP START: Payments and Fraud
David Jokinen Managing Director

2 Company profile Established 1999 100 employees in UK and Canada Thousands of clients in 30 countries 300 million transactions processed £8 billion of payments accepted Security compliant since 2001

3 Case studies The challenge The solution Lessons learned

4 Adidas Group Established 1949 Sports footwear, apparel, accessories Adidas Reebok TaylorMade 170 operating subsidiaries worldwide

5 The challenge Sophisticated manufacturer and marketer Relative newcomer to internet retailing Launch of online shops in North America Needed local knowledge and global experience Accustomed to outsourcing e-commerce

6 The solution Reebok Shop in US; Adidas Shop in Canada Unified operational interface Proactively identified fraudulent purchases Deployed risk technology to target sources Client benefited from consultative approach

7 One size does not fit all

8 Coastal Contacts Established 2000 World’s largest online retailer of eyewear 100 million pairs of contacts and eyeglasses Innovative merchandiser with niche focus

9 The challenge Rapid growth in turnover and market footprint Expansion into US, UK, Australia, New Zealand Acquisitions in Sweden, Netherlands, Japan Operating companies in several countries Serving North America, Europe, Asia Pacific

10 The solution Acquiring banks in Europe, US, Canada Multiple currencies and payment schemes Unified operational interface Single global account manager Consolidated payment acceptance approach

11 Consolidation drives growth

12 Ritchie Bros Auctioneers
Established 1958 World’s largest industrial auctioneer 40 permanent auction sites worldwide 2009 turnover of $3.5 billion

13 The challenge Evolution into online auctions In-house online auction technology Needed online payment capability Payment kiosks at auction sites Bid deposits and final settlements

14 The solution Bespoke customer interface Available online and on-site No contact with cardholder data Intelligent routing of transactions Fully-managed payment solution

15 Focus on core business

16 Lessons learned

17 Lessons learned One size does not fit all Consolidation drives growth Focus on core business

18 Internet Retailing JUMP START: Payments and Fraud
David Jokinen Managing Director


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