Back in the day, the payments landscape was much simpler. In the early 2000s, all e-commerce needed to succeed was a good product and a few payment options. Nowadays, with the rise of different payment methods, as well as the growing customer expectations, you need to be able to offer a variety of options. Clients […]
The Netherlands is an exciting market for merchants to tap into. Rather small in size, but constantly evolving and adapting to the new trends. Both online and offline. These trends include how customers prefer to pay online. iDEAL payment option is the key to reach the Dutch shoppers, and we’ll explain why. Why the Netherlands? […]
In a world that relies a lot on the Internet, it’s almost impossible to imagine our everyday activities without the aid of the World Wide Web. Whether it’s searching for information, looking for a job, or just shopping, the Internet is an inseparable part of it all. The online shopping experience is specific due to […]
Payments industry has never been so versatile. From new payment models emerging, to rising consumer expectations – the bar is set high for all the stakeholders who want to be up to date with the payments trends in 2019. It is difficult to define the most important trends that are shaping the industry. One thing […]
Don’t you find fascinating that credit cards make only less than half of the overall market? Have you ever wondered what is the reason for all the lost sales and cart abandonment? Here is your answer: the world of e-commerce is changing so rapidly and credit cards are now an outdated solution. With the constant […]
The revised Payment Service Directive (PSD2) is aimed at ensuring transparency and fostering innovation in the financial industry. Following the implementation of PSD2 requirements, the payments ecosystem is expected to become more harmonized. Also, banks, payment providers, FinTech companies and merchants will be able to compete better and even collaborate to benefit the consumer. Which […]
The global leader in local payment methods continues its market expansion to new countries across the Middle East Alternative Payments, the leading provider of local payment methods that specializes in bringing the latest technologically-advanced payment platforms to merchants worldwide, has added mCoinz to its payments offering. The highly popular mCoinz vouchers are available across the Middle […]
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. That is just one of the few payment trends that emerged in the past couple of years. The reason why this occurrence is frustrating to retailers is quite simple – the […]
In 2016, the eCommerce industry generated over $1.9 trillion in revenue. According to eMarketer, this double-digit growth of online payments will continue to rise and in 2020, we can expect it to climb up to $4 trillion in sales. The amount that we’re spending online accounts for almost 9% of all global retail spending. However, […]
The development of alternative payment methods in the payments industry is no longer considered – if it ever was – a simple stroke of luck, but the direct result of online shoppers consistent demand for non-credit card options. Lower credit limits and greater perceived security are only some of the reasons justifying such a shift […]
