In the digital age, small business need to adopt customer-centric online payment options. Payment solutions that are user-friendly and improve the overall customer experience increase sales, customer retention, and word of mouth. Setting up an online payment is not always easy, so it is important to get all the information you need before you start.
It is important to choose a platform that includes the right payment solutions so that you can start a business. Find platforms that offer a wide selection of options. Adding different payment methods that meet the needs of your customers is essential to the success of your eCommerce. Try to choose a platform with preset payment integration, so no additional development or plug-ins are required on your part.
Starting With The Right E-Commerce Platform
Fast and painful transactions increase sales and stimulate customer retention. If shoppers have no choice but to choose their preferred payment method, some may choose to relocate their business. According to the Baymard Institute, 69% of online shopping is abandoned regularly. Much of this comes from complicated, long cash registers.
The right eCommerce platform includes great payment solutions for different regions and target groups. By amassing a wide range of local payment options, businesses can expand their commercial reach into the global market and ultimately generate multiple sales.
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It’s a good idea to streamline payment management by managing all your transactions, payments, and invoices in one place. Smart business owners should also be responsible for payment processing fees, the security of their customer’s business and financial data, and the overall user experience. Keep in mind that the ideal e-commerce platform is innovative and has the potential to grow with your business.
The 3 Most Common Payment Methods You Need At The Checkout
To receive payments online, you must add at least one payment gateway to your site. However, most online businesses add several checkout options, encouraging shoppers to complete their purchases. Paying your customers is important. You want them to feel comfortable and secure and use the payment methods they know. Focus on it and you will get repeat customers who will return to buy more.
Credit And Debit Cards
Card payment is the bread and butter of every eCommerce business. However, not all payment processors are the same. Check out the following popular card processing providers.
Wix Payment
Wix’s native payment solution, Wix Payments, offers the easiest way to accept debit and credit card payments online. Eliminating the need for external payment providers will ensure that your customers have a hassle-free checkout. They can shop and pay as they please – without leaving your site.
The same quality applies to payment management: everything is done from the Wix control panel. This means you can manage all sales, returns, payments, payments, and more from one powerful control center. Bonus: You can easily respond to refunds with the integrated Wix Payments dispute resolution tool.
Above all, your business and customers are always protected by advanced online encryption and strict adherence to standards. With the growing rate of hacker attacks, it is important to choose a provider with strong cyber security.
Stripe
Another good option for credit and debit card payments is Stripe. Like Wix Payments, this payment provider can process one-time and recurring payments and is available for desktop and mobile devices. Stripe has now received more than 135 coins.
Square
A popular online transaction option is Square – simply connect your Square account and accept payments to your Wix website. Wix also supports Square Point of Sale (POS), which allows e-commerce retailers to accept personalized payments.
Interesting: Companies that sell alcohol, tobacco, and similar products or services are supported by Square.
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