Context
As a fast growing omni-channel health & wellness platform in the region, WhiteCoat Global had two primary objectives when it came to its payments roadmap:(a) Making sure that every touchpoint, including payments, is a seamless experience that considers what their end customers want to pay with.(b) Finding viable ways to manage payment costs as the businesses continues to scale, without compromising on the customer experience or introducing friction into the process.
Solutions
Acme worked with WhiteCoat Global to implement a seamless real-time payments solution for customers, starting with Singapore but with a plan to serve the company in the region.Through this partnership, WhiteCoat Global was able to:(a) Broaden its payments offering to customers by offering seamless PayNow, in addition to credit cards, riding on the growth of real-time bank transfer payments in Singapore and the region.(b) Introduce a new way to make real-time payments seamless for customers, without having to scan a QR code.(c) Receive funds for these transactions immediately and directly in their own bank account, without having to pass through a third-party intermediary.(d) Save on payments costs by >60% as the business grows.By working with Acme, WhiteCoat Global was able to go-live with the new payments offering within a few months and with minimal engineering effort. Fruits of the labour are starting to be reaped, with the company seeing a growing adoption of the new payment method introduced.