UK Fire Door Training
Every merchant wants a comprehensive payment solution that simplifies the tech stack and reduces the complexity of reconciliation. Rvvup’s platform is designed to cater to the diverse needs of modern businesses, ensuring a seamless payment experience. One business that has reduced transaction fees by 80%, streamlined manual reconciliation, and enjoys instant settlements, is UK Fire Door Training, led by Jonny Millard.
Background
Choosing Rvvup
"If Rvvup is the difference between a merchant turning over £300,000 per year or £340,000 per year, then that is a 10% increase in profit. And this is where those marginal gains can start to have quite significant outcomes because that extra profit is another member of staff, it’s the ability to go to the finance team and say this is our extended run rate, and so on. Once you start extrapolating that out, it starts to have a really big impact on your long term outlook."
Implementation
"Rvvup’s team would be reaching out to me proactively during the process; ‘Jonny can you get onto a call because we want to identify and fix any potential problems’, rather than our previous experience of me chasing the vendor to get on a call because I've got a problem and I need it fixed ASAP. I like that Rvvup’s attitude is ‘your problem is our problem - let's get it fixed ASAP!"
In addition to the seamless setup, Jonny recalls how the personal attention and technical expertise of the Rvvup team made the integration process hassle-free, allowing UK Fire Door Training to continue its operations without disruption.
Benefits and Impact
"Within just a few months, ten percent per month of purchases are made via Pay by Bank now. It’s a growing proportion, and importantly for a lot of customers that might be the only reason they completed the purchase; because they didn't have a card with them for instance. In those cases not everyone comes back to the checkout; without Pay by Bank we could have lost that ten percent of revenue."