What’s a Rich Text element?

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The rich text element allows you to create and format headings, paragraphs, blockquotes, images, and video all in one place instead of having to add and format them individually. Just double-click and easily create content.

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<script>
  /**
   * Writes the current year to all elements that match the selector.
   */
  function setCurrentYear() {
    const YEAR_ELEMENTS_SELECTOR = '[fs-hacks-element="year"]';

    const yearElements = document.querySelectorAll(YEAR_ELEMENTS_SELECTOR);
    const currentYear = new Date().getFullYear().toString();

    yearElements.forEach((yearElement) => {
      yearElement.textContent = currentYear;
    });
  }
  
  document.addEventListener('DOMContentLoaded', setCurrentYear);
</script>

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Static and dynamic content editing

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A rich text element can be used with static or dynamic content. For static content, just drop it into any page and begin editing. For dynamic content, add a rich text field to any collection and then connect a rich text element to that field in the settings panel. Voila!

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How to customize formatting for each rich text

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Headings, paragraphs, blockquotes, figures, images, and figure captions can all be styled after a class is added to the rich text element using the "When inside of" nested selector system.

Case study

Bolt supercharges global expansion with payment orchestration

Bolt, the European super-app, has evolved far beyond its origins as a ride-hailing service. Today, it offers a diverse ecosystem of services, connecting millions of users across 45+ countries and 600 cities with not only rides, but also with food delivery through Bolt Food, scooter rentals, car-sharing through Bolt Drive, and even grocery delivery in select markets. This rapid expansion across diverse business units brings significant challenges, particularly when it comes to navigating the complex world of global payments.

Bolt recognized the need for a powerful payment orchestration platform to support its diverse services and global reach. That's why they chose to partner with ProcessOut.  We spoke with Rodolfo, Senior Product Manager at Bolt, to get his insights on how to scale payment and make them an asset to Bolt expansion strategy.

NAVIGATING A WORLD OF PAYMENT COMPLEXITIES

Leading this change at Bolt is Rodolfo Messias Lessa, Senior Product Manager for the payments team. With over two years of experience at Bolt, Rodolfo oversees a wide range of payment-related responsibilities, including customer payments, integrations, payment logic, expansion strategies, optimization, and user experience. To further enhance Bolt's payment capabilities and support their rapid growth, the Bolt Payments team spearheaded the initiative to implement a more robust and scalable solution. His vision was to transform Bolt's payment processes into a key driver of their growth and expansion strategy.

"Each region has its own preferred payment methods, local regulations, and a unique set of providers," he says. “Furthermore, accepting payments for different services with varying average transaction values and risk profiles adds another layer of complexity. Ensuring high authorization rates while maintaining a frictionless user experience across this diverse ecosystem was becoming more complex."

UNLOCKING GROWTH WITH PAYMENT ORCHESTRATION

Bolt partnered with ProcessOut to jointly address these challenges. Here's how this partnership is delivering tangible results:

  • Boosting authorization rates:

"ProcessOut's intelligent routing engine has significantly improved our payment processing," says Rodolfo. "By analyzing each transaction in real-time and routing it to the optimal provider, we've seen authorization rates increase by up to 10%, with variations across different regions, which translates to a significant uplift in revenue." He adds, "What I can say is that our success rate for cards has never been higher."

  • Expanding global reach with ease and reaching new opportunities:

"ProcessOut's extensive network of Alternative Payment methods (APMs) has simplified our expansion into new markets," Rodolfo notes. "We can quickly integrate local payment methods, ensuring a seamless experience for our users, no matter where they are. " This has been crucial in markets like Africa, where mobile money is dominant, allowing Bolt to tap into a 20% larger customer base.

  • Accelerating time-to-market:

ProcessOut has enabled Bolt to accelerate its launch into new markets. Rodolfo shares examples like Thailand and Egypt, where "it took around 2 months instead of a year".

  • Data-driven optimization for peak performance and transparency:

"ProcessOut provides us with granular data and analytics on our payment performance," Rodolfo explains. "We can track key metrics like decline rates, processing costs, and provider performance, allowing us to identify bottlenecks and optimize our payment strategy."

For example, by analyzing data, Bolt identified a specific provider with high decline rates in a particular region and switched to a better-performing alternative, reducing declines by 5%.

  • Agility and control in the dynamic landscape of global payments:‍

"The payments industry is constantly evolving," Rodolfo emphasizes. "ProcessOut's flexible platform gives us the agility to adapt to new technologies, regulations, and customer expectations. This ensures we stay ahead of the curve and can quickly respond to market changes."

A SUCCESSFUL PARTNERSHIP

To wrap up, it's clear that Bolt's dedication to providing a seamless customer experience, coupled with their strategic partnership with ProcessOut, has been a success. Bolt's unwavering commitment to expanding into new geographies and delivering technical excellence, combined with ProcessOut's technical, data, and payment expertise, has created a powerful synergy.

Rodolfo sums it up perfectly: "ProcessOut has been a key partner in our growth journey. Their payment orchestration platform has given us the control, flexibility, and insights we need to navigate the complexities of global payments and deliver a frictionless experience for our customers."

To experience the smooth payment experience and diverse range of services that Bolt has meticulously crafted, visit their website and explore their app.‍

Ready to unlock the power of payment orchestration? Book a demo with us today!

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