Ecommpay’s Post

Can your payment provider offer a range of payment methods? In the countdown to Black Friday, we’re showcasing some of the key payment methods that e-commerce businesses should have in their arsenal to maximise conversions. To round off the series, we’re looking at our payment methods finder today. Our market research found that 72% of consumers would likely abandon the checkout and/or seek a different option if their preferred payment method were unavailable when completing an online payment transaction. That's why it's vital to offer a range of payment methods, but which payment methods will best serve your business and customers? 🤔 Our payment methods finder can help answer this question! By filtering the results by your industry, target regions, target countries, and payment type, the payment methods finder will reveal a tailored list of every payment method that suits your needs. Try it out for yourself here: https://lnkd.in/eStFybZq Expanding your list of payment methods is only one piece of the puzzle - there are other key steps to take in order to optimise your payment strategy for the seasonal shopping period! Download our free guide here: https://lnkd.in/esG3_z7g #Ecommpay #CanYourPaymentProviderDoThis #BlackFriday #SeasonalShopping #PaymentMethods #PaymentChoice #PaymentMethodFinder

Black Friday to Become Darkest Yet for Businesses That Don’t Satisfy Consumer Payment Needs Eelco Dettingmeijer, Chief Commercial Officer at PPRO said “British consumers are holding out until Black Friday to make their online purchases, with data from Opinium showing that a third of shoppers have saved items in their online basket ahead of Black Friday. We urge merchants to take a fresh look at their checkout pages this year. With upcoming increased tax implications affecting retail businesses, following this year’s budget announcement, every online sale really does help. To make sure this Black Friday is your brightest yet, you need to consider optimising your checkout page to lower cart abandonment and increase your chances at completing record sales numbers this year.” https://lnkd.in/edsgajBF Catalina Uribe Pastás Ellie Gilbert-Ryan Mattias Wiking Mariette Ferreira Motie Bring Zoe Forbes-Pyfrom #fintech #finance #banking #paytech #payments #fintechnews #paymentsnews

Can your payment provider offer a range of payment methods? In the countdown to Black Friday, we’re showcasing some of the key payment methods that e-commerce businesses should have in their arsenal to maximise conversions. Today, we’re looking at Buy Now, Pay Later (BNPL). You might be discounting your products for Black Friday, but that doesn’t make them accessible to everyone. Offer BNPL at checkout to increase your customer base! 💰 Why offer BNPL? » Higher conversion rates » Reduced risk of chargeback and fraud » Fewer cart abandonments » Greater customer loyalty » Increase your average order value » Encourage repeat purchases Find out more about our BNPL offerings here: https://lnkd.in/ezYShhp8 #Ecommpay #CanYourPaymentProviderDoThis #PaymentMethods #PaymentStrategy #PaymentProvider #BNPL #BuyNowPayLater

Top 3 things that made me mad on Black Friday Shopping Since diving into the payments world, I've become hyperaware of my own payment experiences. Before, I'd often complain about certain online shopping websites, not realizing that companies were neglecting the importance of a good payment experience. Here is the list: 1. Currency Confusion: Nowadays, we're all global shoppers. Why do some retailers still fail to display prices in our local currency? Having to whip out a calculator to convert prices is both frustrating and time-consuming. 2. Limited Payment Options: In this digital age, digital wallets are a must, I'd say. Or even, be extra and offer a local payment method, I love when a company operating in Portugal offers MB WAY as a payment option. I’ve resorted to keeping a picture of my card details because I can never seem to find the physical card (not safe, don't do the same😅) 3. Excessive Information Requests: Why do I need to provide a novel’s worth of personal information to make a simple purchase? It's not only time-consuming but also raises security concerns. Hopefully, retailers will take note of these pain points and strive to provide a smoother, more convenient shopping experience for customers worldwide. Like or comment if you agree so it can reach your favorite brands. #onlinepayments #digitalgoodsandservices #fintech #paymentexperience

Can your payment provider offer a range of payment methods? The countdown to Black Friday is on and we’re showcasing some of the key payment methods that e-commerce businesses should have in their arsenal to maximise conversions. Today, we’re looking at subscriptions. 🔁 What's better than making a high sales volume over Black Friday / Cyber Monday weekend? Securing repeat customers! Subscription payments are a great way to do this. Even if your business doesn't offer a service that is typically sold on a subscription basis, many e-commerce stores leverage this model by adopting a 'subscribe and save' deal, allowing customers to purchase a product for a lower cost by agreeing to receive the product regularly on a rolling basis. Subscription payments with Ecommpay: » One simple integration to seamlessly manage all recurring payments » Allow customers to pay the way they prefer by offering Google Pay, Apple Pay, BACs and SEPA Direct Debit, and PayPal recurring payments » Effortlessly handle declined recurring transactions with automatic retries, ensuring your revenue flow remains uninterrupted » Setup trial periods using our flexible API Offering a wide range of payment methods can reduce cart abandonment and increase revenue. Learn more about optimising your seasonal payments strategy with our free guide: https://lnkd.in/esG3_z7g #Ecommpay #CanYourPaymentProviderDoThis #Subscriptions #SubscriptionPayments #RecurringPayments #BlackFriday

Black Friday is TOMORROW and the spend is projected to reach £3.8 BILLION in the UK, marking a 27% INCREASE from the £3 billion planned in 2023 🤯 💷 🛒 However, consumers are DEMANDING more flexible options at checkout with over HALF of British consumers choose online payment services such as PayPal, Google Pay and Klarna for online transactions 💸 📲 Merchants should consider three rising payment preferences for their online checkout this Black Friday with digital wallets gaining a HUGE share of UK retail with spending available both online and in-store, as well as A2A payments which om the UK in 2024 has been over £79 BILLION 👨💻 Eelco Dettingmeijer, Chief Commercial Officer at PPRO said “British consumers are holding out until Black Friday to make their online purchases, with data from Opinium showing that a third of shoppers have saved items in their online basket ahead of Black Friday. We urge merchants to take a fresh look at their checkout pages this year. With upcoming increased tax implications affecting retail businesses, following this year’s budget announcement, every online sale really does help. To make sure this Black Friday is your brightest yet, you need to consider optimising your checkout page to lower cart abandonment and increase your chances at completing record sales numbers this year.” Read more on the link below! 👇 Zoe Forbes-Pyfrom Mariette Ferreira Motie Bring Javier Vallaure de la Paz Carlos Eduardo Baldacin Catalina Uribe Pastás Ellie Gilbert-Ryan Mattias Wiking #ppro #blackfriday #digitalwallet #payments #cybermonday #merchants #onlinecheckout #checkoutoptimisiation #digitalpayments #ecommerce

Unlock Incredible Savings: Grab Your Temu Coupon Code Now！ Are you ready to revolutionize your shopping experience? Say hello to Temu, the online shopping platform that's taking convenience and affordability to the next level. Much like we offer incredible deals for your needs, Temu brings a similar excitement to the world of e-commerce with exclusive offers and discounts. Exclusive TEMU promo code: Use code “acq537573 ” for up to 30% OFF! , Cyber Monday, Halloween, etc. They frequently do special offers around these times and may also offer extra Temu coupon codes to save on your order. Can I buy now and pay later at Temu? Yes, customers can take advantage of several financing methods at Temu. Afterpay or Klarna will spread your total over four installments, while Affirm can provide low monthly payments. Each service has its terms and will not apply fees if you pay on time. Team up with us, watch the prices go down, and discover why smart shoppers are making Temu their go-to destination for everything they love and need. Your adventure in saving starts now – are you ready to shop smarter, not harder? Join Temu and turn every click into a celebration of savings! Exclusive TEMU promo code: Use code “acq537573 ”for up to 30% OFF

🌍 Did you know? The average shopping cart abandonment rate globally is 74.61% 🚫💳 🔍 Common reasons shoppers abandon their carts: - Lengthy or confusing checkout processes - Unexpected costs like shipping fees - Limited payment options - Concerns about payment security - Forced account creation before purchase 💡 Tip: Simplify your checkout process and address these pain points to boost conversions and drive revenue. 🔗 Data Source: Dynamic Yield by Mastercard #CRO #dtc #Ecommerce #CROStrategy

Every year more and more shoppers/guests/consumers around the world partake in the shopping feast called Black Friday. What started as a single day has stretched into a manic week of intense digital bonanza (my household can certainly attest). Adyen’s platform showed up this weekend to ensure every customer on the platform enjoyed the biggest shopping weekend of the year 🚀 How did we stand up? We processed over $34 Billion in volume, powering 670 million transactions that peaked at 160,000 per minute!! And most importantly, retaining an uptime of 99.9999%. That's pretty good 🛍️ Service: ✅ 💪 Stability: ✅ ⚡️ Speed: ✅ 😃 Satisfaction: ✅ Check it out 👇

How’s everyone feeling post-Black Friday weekend? 🛍️ With the holiday shopping season in full swing, one thing is clear: offering the right payment choices can make or break a retailer's success. A recent article by PYMNTS highlights just how crucial payment flexibility is for capturing sales during these peak times. From digital wallets to BNPL, customers expect seamless, convenient options at checkout. And when businesses deliver, they not only boost sales but also foster loyalty and trust. At Checkout.com, we empower retailers to meet these expectations by offering: 🔹 Localized payment options to cater to every shopper 🔹 Smooth and fast transactions, even during peak traffic 🔹 Data-driven insights to optimize approval rates Ready to elevate your checkout experience this holiday season? Let’s chat! Ha #HolidayShopping #PaymentInnovation #CheckoutDotCom #RetailSuccess Source: PYMNTS