Case Study: MEGOGO boosts conversion and cuts churn with Solidgate's payments platform

MEGOGO boosts conversion 3.5% and saves €100K with Solidgate

Megogo, an international streaming service, faced significant payment challenges during its expansion. Their difficulties included ensuring PSD2 and SCA compliance on devices like Smart TVs, managing high decline rates and costs in new markets like Poland, and preventing subscription churn from failed renewals. They needed a partner to provide a unified solution and chose Solidgate for its all-in-one payment orchestration, acquiring, and subscription billing platform.

Solidgate implemented a comprehensive solution featuring a custom MOTO flow for Smart TVs to ensure compliance without friction, payment orchestration to optimize routing for higher approvals and lower costs, and tools like network tokenization to reduce churn. The results were substantial: a €100,000 reduction in annual expenses, a 3.5% increase in payment conversion, and a 5% decrease in subscription churn, solidifying Megogo's payment infrastructure for global growth.

Megogo