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 Here is your answer: The world of e-commerce is changing so rapidly and credit cards are now an outdated solution.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 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. 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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
