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
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
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
The development of alternative payment methods in the payments industry is no longer considered – if it ever was – a simple stroke of luck,
e-Businesses using OpenCart, Magento and OsCommerce can now easily address the demand for alternative payment methods and thus increase conversion rates. Los Angeles, CA | Vilnius,
yStats has issued Global Alternative Payment Methods: Second Half 2016 report and found that alternative payment methods globally account for a higher share of ecommerce
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
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
Allegedly, 97% of ecommerce stores make 0 profit in the first three years of their business. Nevertheless, this disheartening fact hasn’t discouraged more than 110,000
In 2017, e-commerce sales will surpass the astonishing figure of 2 trillion dollars. To get a feeling how unbelievable this number is, you should know
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