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Category : Payment Methods

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Online Payment Trends 2017

posted in E-commerce, Payment Methods by

Do you know what is the average shopping cart abandonment rate? In 2017, it was almost 70%. That’s 7 out of 10 sales lost. The reason why this occurrence is frustrating to retailers is quite simple – the users who change their mind on the checkout page are obviously interested in the product, but something […]

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13 Jun, 17

Increase Your Market Share by 59% with Alternative Payments (Now with Subscription Plans Included!)

posted in E-commerce, EU E-commerce, Payment Methods by

Approximately, 2 out of 3 businesses are not reaching their full market potential. Why is this so? Simply because of their inability to enter other intercontinental markets due to export disadvantages. Which results in a potentially great profit loss. But what is the number one cause behind this drawback? Is it taxes? Not really, since […]

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13 Feb, 17

Plans and Subscriptions: Recurring Billing Made Easy

posted in E-commerce, International, Payment Methods, Press Releases by

E-commerce businesses face different customer behavior patterns and may need to adopt their product features. As a result, most e-commerce business owners agree that it makes better sense to adopt a subscription and recurring payments offering rather than a one-time billing. Recurring payments makes the most sense to digital commerce businesses because of its benefits […]

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01 Feb, 17

What Payment Trends and Challenges Every Online Merchant Should Know

posted in E-commerce, International, Payment Methods by

In the dynamic environment of the contemporary economy, digital trends are rapidly taking over the global market. During the last year, there has been a total of $562 billion in revenue projected in the country of China alone, all funds streaming through the ecommerce channels. The US market is second in line with the impressive […]

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22 Feb, 16

SEPA EuroDebit: Helps Expanding into Cross-Border Sales

posted in EU E-commerce, Europe E-commerce, International, Payment Methods by

E-commerce merchants based in the US and Canada now have a game-changing advantage to ring up sales from European consumers. The Single Euro Payments Area (SEPA) exists to unite the 28 EU countries (+7 others) into a single digital marketplace. The intention is to end many of the issues EU merchants encountered expanding into cross-border sales. This […]

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10 Feb, 16

Valentine’s Day Ecommerce Strategies: How Alternative Payments affect your ROI

posted in E-commerce, Emerging Markets, Payment Methods, User Experience by

Key Insights for a Successful Strategy Love can certainly be crazy sometimes, but it can also be crazy lucrative. According to the National Retail Federation, on the Valentine’s Day 2016, it is expected that US businesses alone will accumulate an astonishing figure of $19.7 billion in revenue. One more interesting conclusion is the fact that […]

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06 Feb, 16

How Alternative Payments can Supercharge your e-Commerce Business

posted in E-commerce, EU E-commerce, Europe E-commerce, International, Payment Methods, Western Europe by

The Internet has become an immensely powerful marketplace that keeps transforming the financial services industry. With the global e-commerce space projected to grow at 15% CAGR through 2018, payment systems need to adapt to the changing business landscape. Namely, as businesses and consumers move to online channels, financial services need to support their expectations in […]

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14 Dec, 15

The Netherlands Payment Methods: iDeal is on Top

posted in Payment Methods by

The Dutch have a clear payment method of preference in the bank transfer option iDeal.  100 million transactions have been paid via iDeal in the first six months of 2015. This is 23% increase over the same period last year. 54% of all e-commerce purchases are paid using iDeal. The following chart displays the breakdown […]

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30 Jul, 15

3 Reasons Paypal is NOT a Payment Solution

posted in Payment Methods by

It’s easy to see why many online shops think they have international customers covered by throwing up a Paypal button. The reality is that this option might hurt sales more than help. Here are three reasons why having a real payments strategy to maximize sales will include real payment options. 1. Losing your customer I’ve […]

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28 Jan, 15