Transcript
Payments in our customer base are evolving rapidly, although we do partner with multiple providers for financial services. Worldpay has been instrumental in providing the customization, centralization, and best-in-class fraud protection as well as steady cash flow to our user base. Specifically, some of the new products that Worldpay is offering is Tap to Pay for our caterers—at times they do have cash bars, which is necessary to simplify their operations with a quick POS or tap to pay system. With Worldpay Working Capital, we're excited to embark on this new product journey and offer our users a service that they have been asking for multiple, multiple times over. They will automatically see an offer in their centralized portal where they're already familiar with payments in that portal, and they will see the offer pop up and they don't even have to worry about the logistics of signing up as well as paying it back. It's seamless, frictionless, and all in one portal posted. Also, Worldpay's fraud protection tools are extremely nuanced and allow us to target specific card testing attacks. This is extremely important for our user base. Worldpay has a unique tooling system to target card testing attacks which we recently experienced. This allows us to really dive into the transaction details of fraudulent transactions and create logic-based rules to thwart the attacks in real time. Without Worldpay's tooling system, this would not have been an easy lift. Our hockey stick growth at Horizon Cloud with the Worldpay partnership has been key and thanks to our dedicated relationship, account, and technical account managers with Worldpay we are modelling what we admire in the platform, the simplicity and having one portal for all our financial services needs. This allows our clients one flow for sign-up, support, as well as access to the variety of financial tools they need to really take their business to the next level. They have been lock step with us and sharing our goals and vision from financial services at Horizon Cloud.
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