Growth in Cross-Border Transactions Drives Adoption of Testlio’s In-Market Payments Testing Solutions $190 trillion+ market catapults Testlio above 100 payment testing engagements. Eric Wanta December 4th, 2024 Austin, TX, December 4, 2024 – Testlio, a leading quality management company, today announced that more global e-commerce and fintech clients are integrating modern cross-border payment testing into their overall quality engineering strategies. Long trusted by established cross-border providers like Western Union and PayPal, Testlio is increasingly supporting global companies like the NBA, Etsy, and Uber that depend on cross-border payments. To date, Testlio has completed more than 100 payment testing engagements with clients that process over $5 trillion in digital payments annually. International payment flows totaled $190 trillion in 2023 and are projected to reach $290 trillion in 2030. Much of this growth will be driven by difficult-to-test transactions. These types of payments can fail due to unanticipated issues related to unique hardware devices, location-specific security measures, payment wallet integrations, and other factors. It’s estimated that roughly 1 in 10 online transactions fail, resulting in billions of dollars in lost revenue each year. “Many companies rely on embedded finance solutions and payment platforms that must work seamlessly across a wide variety of conditions, currencies, and countries,” said Steve Semelsberger, CEO of Testlio. “Modern quality engineering requires an AI-powered combination of people and machines to test the types of specific scenarios that can hang up today’s global e-commerce and two-sided marketplace transactions.” Companies need both humans and technology with the right mix of real people, real devices, and real financial accounts to understand why payments might fail and quickly remediate the root cause before it impacts their business. Testlio’s AI-enabled managed quality solutions allow companies to test transactions end-to-end across 800+ payment methods and 600k+ devices around the globe. For example, Testlio helps the NBA validate its end-to-end subscriber journey from initial sign-up through final payment. This includes testing 40+ real payment methods using 70+ device/OS combinations in 15 countries. “The global NBA experience is paramount to our brand. Testlio helps assure that digital payments complete flawlessly for our international fans,” said Shaun Welch, Director of QA and Release Management at the NBA. About Testlio Testlio is a leading quality management company. Its unique, AI-powered approach combines humans and machines to help digital innovators assure quality products at scale. On 600K+ real devices. In 100+ languages. With 800+ payment methods. The company is 100% remote, with people in 150+ countries. It is female-founded; approximately 46% of full-time people are women. Clients include Amazon, athenahealth, Match Group, Microsoft, the NBA, Netflix, PayPal, Uber, Wayfair, and many more. To learn more, visit www.testlio.com.