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Nick Dunse
The self proclaimed, most influential person in payments. Except for Jack Dorsey or those two bros from that other company & definitely not Satoshi Nakamoto, but after all those guys it's me.
Professional Background
Nick Dunse is a highly regarded expert within the fintech industry, known for his extensive background and influential roles within various organizations. His impressive career journey has spanned multiple aspects of finance technology and payment solutions, establishing him as a thought leader in the field. At present, Nick is at the forefront of building a transformative third-party payments marketplace at Shuttle, aimed specifically at streamlining the integration of payment services for software vendors needing to incorporate essential payment capabilities for their merchants.
Throughout his career, Nick has played pivotal roles, including serving as Chief Revenue Officer (CRO) at Shuttle, where he led initiatives to enhance customer acquisition and revenue generation strategies relevant to payment services. Nick's rich tapestry of experience includes being the London City Leader at SaaStock, where he facilitated networking opportunities and growth for fintech startups, fostering innovation and entrepreneurship within the financial technology landscape. He has also actively contributed to the success of Pay with Bolt as their Chief Marketing Officer (CMO), influencing branding strategies and ways to increase market penetration for payment solutions.
In addition to his roles in executive leadership, Nick has held various consulting positions, lending his expertise to organizations like Collider and Truly Apt Ltd., where his strategic insights helped nurture and propel businesses to their full potential. His speaking engagements at events such as the Mastercard Acceptance Forum and the CRO Summit validate his expertise and reputation in the industry.
Education and Achievements
Nick’s educational background is as diverse as his professional endeavors, equipping him with a strong foundation in both technical and managerial skills. He studied Coaching for teams and individuals at the Institute of Leadership & Management, an experience that contributes significantly to his capabilities as a leader and mentor.
His academic journey began at the University of Northampton, where he earned a degree in Business Information Systems. This degree provided him with essential knowledge of both business practices and the critical role that information technology plays in enhancing productivity and efficiency.
Further fueling his technological acumen, Nick participated in the Shell STEP Innovation Program, where he furthered his understanding of Information Technology. He also completed A Levels in Business Studies, Theatre Studies, and Sociology at Lord Williams School, showcasing a well-rounded educational background that spans various domains of knowledge.
Nick’s achievements extend beyond formal education; his extensive experience in the field has garnered invitations to speak at some of the largest fintech events globally. This recognition highlights his ability to communicate complex ideas effectively and contribute to the ongoing discourse around innovation in the fintech space.
Contributions and Impact
Nick’s contributions to the fintech community have been significant, with clear benefits for merchants, software vendors, and service providers alike. He specializes in helping merchants maximize sales while minimizing costs by leveraging effective payment options. His insightful guidance also aids software vendors in optimizing their payment infrastructure, ensuring their go-to-market strategies are competitively positioned.
For service providers, Nick offers valuable insights into crafting go-to-market and Independent Software Vendor (ISV) strategies that are essential for success in the competitive fintech landscape. His vision at Shuttle aims to revolutionize how payment services are accessed and utilized in the industry, reducing redundancy and improving integration efficiency.
Nick Dunse has built a robust presence in the fintech arena, thanks to his multifaceted expertise and professional journey. With a commitment to transforming the financial technology sector, Nick stands as a guiding light for emerging businesses in navigating the complexities of payment solutions and operational efficiency.
Highlights
Payment integrations by Shopping Cart platforms don't help the merchant sell more. 😲
Payment integrations are seen as a means to an end, the shopping cart provider is more interested in every other part of their product than payments, because that's their speciality, not payments.
But of course, a sale is only a sale once the payment goes through. 20% of customers drop off at the payment stage and anywhere from 5-70% of customers fail to get accepted by the payment process. That's a lot of high-intent customers lost.
Some developers think doing a payment integration is easy and that payment providers are all the same. Well, this isn't the case and we should be in the game of helping our merchants sell more for less. Ultimately, that's what retains merchants as customers.
As a software vendor, you can build all the payment integrations yourself, or have the payment provider or merchant build them (obvs. agencies build them on behalf of merchants). Neither of these options deliver what is required:
• • A robust integration • Data and reporting to help identify problems and opportunities • Integrations into synergistic tools and services
Many merchants are stringing together a number of tools to help them with their payments process whether they're B2B or B2C, for example:
• Payment gateways • Fraud prevention • Extra data that can help banks accept the payment • Chargeback prevention • Revenue-based financing • Buy Now Pay Later financing • Network tokenisation
Many software vendors aren't even aware of the amount of payments that are going through their platform, never mind how to use the data to help the merchant sell more by instructing the right toolset.
Shopping cart software vendors can waste time integrating and maintaining payments, never quite delivering what merchants need to take their sales to the next level from a payment acceptance point of view.
If you, as a shopping cart solution could deliver the payment infrastructure, recommendations and marketplace for merchants to sell more for less you drive far greater profits for your own businesses.
Where can you get a solution that offers you all this, that you can tell your merchants about the added value, the key differentiator in your market?
🚀
#payments #ecommerce #saas #shoppingcarts
I went to a round table the other day with some MASSIVE merchants, they talked about payment orchestration amongst other things. But...
They were all talking at cross purposes, payment orchestration meant different things to each of them.
For some it meant choosing which gateway, for some it meant choosing which acquirers and for others it meant all kinds of things.
I don't care much for payment orchestration because working with the right PSP can solve a lot of the issues in the first place.
But know this, you want the following: • The greatest conversion rate • The highest acceptance rate • The cheapest processing fees • Minimal FX fees • And for the money to land in the right bank account
#payments #paymentorchestration #saas #merchants

