Wix
payments the numbers of users and sites built with code continue to increase and are ahead of our expectations we believe the contribution of incremental premium subscriptions and collections to our overall business will continue to grow through the end of and will increase through and subsequent years we have not announced any change in pricing specifically related to code however as we noted at the analyst investor day in june we are considering and evaluating several types of models including higher pricing tier of packages variable pricing based on usage a combination of subscription and variable pricing other opportunities under consideration payments we recently launched payments a comprehensive payments platform to help users manage and grow their business payments allows users to set up accept and track payments through the entire financial flow from sale to in one place without the need to integrate third party payment providers payments is made for any type of business taking payments including commerce retailers service providers restaurants hotels musicians photographers and many more any type of business that needs to take payments from customers can take advantage of the efficiency reliability and safety provided by payments we believe combining payments with verticals on code increases our opportunity as professionals can incorporate our payments product into more robust sites with higher payments is currently available in brazil and has already demonstrated its value to small businesses by increasing processing approval rates by | Wix
Company
Wix
Deck Type
Sector
Industry
Deck date
November 2018
Slide
13 of 24
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