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 Here is your answer: The world of e-commerce is changing so rapidly and credit cards are now an outdated solution.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 […]
“Don’t reinvent the wheel, grease it.”- Wolf Kring, Alternative Payments The development of alternatives 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 […]
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, Lithuania – Alternative Payments, the global leader in providing credit card alternatives and local payment options, has made available an OpenCart, Magento and OsCommerce extension. As a result of this initiative, […]
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 sales than credit cards. Although credit and debit cards still account for the highest share of global ecommerce sales compared to other individual payment methods, the combined share of alternative […]
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 […]
1.800 USD. That’s how much online shoppers spend annually, on average, within the United States. 70% of the population shops online at least once a month, and as much as 33% of Americans shop online weekly. With the current rate of development in this sector and with massive market expansion, e-commerce certainly is the future of commerce. And […]
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 […]
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 […]
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 […]
Google’s Global Market Finder is a free tool that will help you find local language keywords. It is a necessary step if you are translating your website or product information into a foreign language. It’s important to take the time to determine the keywords you want to emphasise for search engines or pay per click advertising […]
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On 'How Alternative Payments can Supercharge your e-Commerce Business