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  "authorName": "Wix",
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  "presentationDate": "2018-11-01 00:00:00",
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  "notes": "Includes a screenshot of the Wix Payments UI on the right side.",
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      "text": "We recently launched Wix Payments, a comprehensive payments platform to help users manage and grow their business. Wix Payments allows users to set up, accept and track payments through the entire financial flow - from sale to payout - in one place without the need to integrate third party payment providers.",
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      "text": "Wix Payments is currently available in Brazil and has already demonstrated its value to small businesses by increasing processing approval rates by 25%",
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      "text": "Wix Payments is made for any type of business taking payments online including e-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 Wix Payments. We believe combining Wix Payments with verticals on Wix Code increases our opportunity as professionals can incorporate our payments product into more robust sites with higher GMV.",
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      "text": "The numbers of users and sites built with Wix 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 2018 and will increase through 2019 and subsequent years. We have not announced any change in pricing specifically related to Wix 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.",
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