Close Menu
FintechFetch
    FintechFetch
    • Home
    • Fintech
    • Financial Technology
    • Credit Cards
    • Finance
    • Stock Market
    • More
      • Business Startups
      • Blockchain
      • Bitcoin News
      • Cryptocurrency
    FintechFetch
    Home»Fintech»Fashion Brand Ego Partners With Primer to Reduce Payment Costs and Bolster Conversion Rate
    Fintech

    Fashion Brand Ego Partners With Primer to Reduce Payment Costs and Bolster Conversion Rate

    FintechFetchBy FintechFetchJuly 23, 2025No Comments3 Mins Read
    Share Facebook Twitter Pinterest LinkedIn Tumblr Reddit Telegram Email
    Share
    Facebook Twitter LinkedIn Pinterest Email


    Ego, a Manchester-headquartered fashion brand operating across the UK, Europe, and the US, has partnered with Primer, the unified infrastructure for global payments and commerce, to gain more freedom and control over how it manages its payments.

    By using Primer to reduce its reliance on a single payment service provider (PSP) and efficiently routing payments, Ego revealed that it has cut payment fees by €30,000 per month and increased revenue through higher conversion rates.

    The decision to rethink its payment setup came after Ego experienced rapid and largely unexpected success of its newly launched mobile app. Originally projected to generate just 10 per cent of total revenue, the app quickly surpassed expectations and now drives more than 30 per cent.

    Despite the success, Ego had entered into a PSP agreement based on lower projected transaction volumes. As the app outperformed its expectations,  the commercial terms remained fixed, driving up payment costs and squeezing margins.

    Despite efforts to renegotiate, the provider was unwilling to adjust the contract, leaving Ego with a decision over whether to absorb the costs or pause sales on its booming mobile application.

    Ego turned to Primer and completed the integration within seven days, including the activation of a new PSP with more favourable rates. The rollout was supported by detailed documentation, real-time communication between teams, and coordinated execution across engineering, product, finance, and legal functions.

    Finding a workable solution

    Since going live, Ego has drastically reduced payment fees and increased checkout conversions on its mobile app by using Primer’s Universal Checkout solution.

    Manuel Perez, head of product at Ego, discussed the impact of the solution: “We needed a solution that could move as fast as we do. Primer enabled us to go live with a new PSP in seven days, a timeline that would have been impossible with other providers.

    “The performance uplift was unexpected, given we hadn’t yet customised the UX. But Primer’s default checkout proved faster and more reliable than our previous setup.”

    Having solved its initial challenge, Ego now plans to extend its use of Primer across additional sales channels, including its webstore, as part of a broader effort to optimise its payments strategy and make payments a lever for growth.

    Gabriel Le Roux, co-founder and CEO at Primer, added: “Ego is an excellent example of what happens when a business takes control of its payments. What started as a cost challenge quickly became something much bigger: an opportunity to move faster, adapt smarter, and future-proof their strategy. That’s the mindset more retailers need to adopt. Payments are business-critical and getting them right gives you a real competitive edge.”



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous ArticleVitai Ratanakorn Tapped as New Thai Central Bank Governor
    Next Article The Healing Power of Returning to Your Childhood Home
    FintechFetch
    • Website

    Related Posts

    Fintech

    Zopa Selects Thought Machine to Power Next Step Into Everyday Banking

    July 31, 2025
    Fintech

    Orange Money Group Partners With JUMO to Extend Credit Services to the Underbanked

    July 31, 2025
    Fintech

    Microsoft Q4 2025 Earnings Conference Call: A Comprehensive Analysis: By Serhii Bondarenko

    July 31, 2025
    Add A Comment
    Leave A Reply Cancel Reply

    Top Posts

    Visby Management Presents Superior Offer to LCL Resources and Encourages Shareholders to Vote Against Tiger Gold Proposal

    May 16, 2025

    Crypto Market Consolidation Continues as Bitcoin (BTC) Fails to Break Above $95K (Market Watch)

    April 30, 2025

    Digital Asset Manager TradeTogether Gets In-Principle Nod for Capital Markets License

    March 4, 2025

    Tradu and Salt Edge Partner to Improve Regulatory Compliance and Strengthen Security

    May 27, 2025

    You Should Love The 529 Plan More After OBBBA Passed

    July 30, 2025
    Categories
    • Bitcoin News
    • Blockchain
    • Business Startups
    • Credit Cards
    • Cryptocurrency
    • Finance
    • Financial Technology
    • Fintech
    • Stock Market
    Most Popular

    TerraPay Partners With Wave Mobile Money to Enhance Remittance Flows to Mali

    May 30, 2025

    Treasure MAGIC Crypto Rips 30%, Is Another 2X Rally Incoming?

    July 11, 2025

    Age 60 and looking for income? 3 FTSE 100 shares yielding 6%+ to consider

    May 11, 2025
    Our Picks

    Here Are the Best Strategies for Owning Multiple Franchises

    July 31, 2025

    White House Lays Out Detailed Crypto Policy Blueprint

    July 31, 2025

    Spot Bitcoin ETFs See Inflows 29 of 33 Days

    July 31, 2025
    Categories
    • Bitcoin News
    • Blockchain
    • Business Startups
    • Credit Cards
    • Cryptocurrency
    • Finance
    • Financial Technology
    • Fintech
    • Stock Market
    • Privacy Policy
    • Disclaimer
    • Terms and Conditions
    • About us
    • Contact us
    Copyright © 2024 Fintechfetch.comAll Rights Reserved.

    Type above and press Enter to search. Press Esc to cancel.