UK-based international fashion retailer Missguided is teaming with Worldpay to strengthen its payments strategy and ensure the success of its global expansion. The Company especially wants to reduce the incidence of declined payments.
Missguided saw its sales rise 69% last year and is aiming to beat this figure in 2015 , fueled largely by international expansion.
Worldpay will enable the company to report and act on its payments data, which it was not in a position to do previously. As a result, Missguided will be able to better manage payment traffic and drive additional business using the data at its disposal.
This will also allow the retailer to improve its transaction acceptance levels. With Missguided aiming to achieve nearly 95% growth this fiscal year , improving its already-strong acceptance rate will take it one step closer to reaching that goal.
Missguided offers rapid fashion and offers competitive delivery to 160 countries worldwide.
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