Mike West’s Post

💳 Click to Pay makes online shopping intuitive, secure, and accessible for different customers. 🛒 ✅ Click to Pay is an e-commerce payment solution that aims to simplify and streamline the online shopping experience for consumers. It is a fast, secure, and convenient method of making payments on e-commerce platforms. Click to Pay eliminates the need for repeatedly entering credit or debit card details for every online purchase. ✅ Click to Pay also offers benefits to merchants, as it simplifies the checkout process and helps increase conversion rates. By providing a standardized, secure payment experience, it enhances customer trust and reduces cart abandonment, ultimately driving higher sales for online businesses. ✅ Since its first introduction on the market three years ago, Click to Pay has evolved to its improved version today, especially with the latest CX enhancements that make the customer experience more user-friendly and intuitive. At its core, Click to Pay is based on the EMV® Secure Remote Commerce (SRC) standard, which provides unified user experience across different merchants and regions. 🎇 Join us at Merchant Payments Ecosystem on day 2, session 4/Tokenization and vaults for tokens, track 2 to learn how to make every aspect of online shopping a journey marked by security, ease, and satisfaction. Suzana Kordumova Nikolova, Senior Product Manager in Secure Digital Payments at Netcetera and Stephan Hackenberger, Solution Sales Director eCOM PayTech at Giesecke+Devrient will be on stage, shedding light on how you can revolutionize the e-commerce journey with invisible security and one-click checkout. ➡️ Get all your questions on Click to Pay answered here: https://loom.ly/cBWH6Ng. Stay tuned! #payment #ecommerce #mpecosystem #mpe2024 #ilovempe #clicktopay #src

Dr. Thomas Fromherz I think the time has come for the whole ecosystem to make Click to Pay a success! If Card Networks, Issuers, Payment Solution Providers and Merchants contribute with Default Enablement and Adoption, the card holders will appreciate it. The advantages with higher approval rates, better security and more standardization speak for themselves!

The future of payments in #ecommerce. 👇 In today’s fast-paced ecommerce world, platforms like marketplaces and aggregators play a crucial role in helping merchants expand their reach. But with the rise of new payment methods, offering diverse options while maintaining smooth operations is no easy task. According to the PYMNTS Intelligence report, local payment methods are expected to make up 58% of global ecommerce transactions by 2028, compared to 47% in 2023. Plus, 77% of consumers said they would abandon their cart if their preferred payment method wasn’t available. This is why payments orchestration has become so important! It allows platforms to streamline their payment processes, support multiple methods, and improve customer satisfaction—all while saving time and money. It’s not just about processing payments—it’s about staying ahead in a fast-evolving landscape. Learn more 👇 #Mastercard #Shoppers #payment #future

📊 A new report reveals how #payments orchestration helps platforms manage complex payments, offer diverse options and strengthen merchant relationships. With local payment methods set to dominate 58% of global eCommerce by 2028, platforms need to adapt or risk losing clients—77% of whom abandon carts without preferred payment methods. 💵 ➡️ Learn more: https://zurl.co/V5cX #ecommerce #digitalpayments #paymentsindustry

Cards Face Checkout Competition, Studies Find: Are alternative payment providers a better option for ecommerce shoppers? The post Cards Face Checkout Competition, Studies Find appeared first on Practical Ecommerce.

Are eCommerce merchants adequately considering the payment options they offer customers? This is increasingly impacting conversion rates. 👉🏽 PYMNTS Intelligence's report revealed that 16% of US consumers consider the ability to use their preferred payment methods as an important factor when making non-grocery retail purchases. 👉🏽 Drew Olson from Google Pay emphasized consumers' desire for more payment options across various merchants, indicating a growing demand for flexible payment methods. 👉🏽 Panera Bread's George Hanson highlighted the importance of meeting customer demand for frictionless transactions by introducing biometric payments, reflecting the increasing digital adoption and consumer expectations for seamless payment experiences.

E-commerce and digital payments are like two sides of the same coin, each complementing and amplifying the other's impact. For merchants, this relationship offers a wealth of benefits, check our new blog for more details #kashier #e_commerce #digitalpayments #paymentsolutions #onlinepayment #paymentgateway #blog

In today's digital age, convenience reigns supreme. Customers expect seamless and secure payment experiences, and businesses that prioritize this can gain a significant competitive edge. One crucial aspect of convenience is offering a diverse range of payment gateways. This goes beyond just accepting credit cards; it encompasses catering to the varied preferences and needs of your global customer base. Imagine a customer ready to purchase, only to find their preferred payment method unavailable. Frustration and cart abandonment often follow. By eliminating the hurdle of incompatible payment methods, you minimize the chances of customers abandoning their purchases at the checkout stage. Embracing diverse payment gateways opens doors to new customer segments who might favor specific payment methods popular in their regions. When customers have the flexibility to choose their preferred payment method, it fosters trust, reduces friction, and leads to a more positive shopping experience. OffGamers, for instance, understands this principle perfectly. By providing over 200 payment options, they cater to a vast international audience, ensuring a smooth and convenient checkout process for all customers. How does your business effectively leverage the power of diverse payment gateways to elevate the customer experience and drive business growth? Share your thoughts and experiences! #paymentgateways #ecommerce #businessgrowth

Stop thinking flexible payment options aren’t important. BigCommerce reports that 13% of shoppers abandon carts due to a lack of payment choices. In eCommerce, offering various payment methods—credit cards, digital wallets, or installment plans—is essential to keeping customers engaged. Flexible checkout options help prevent lost sales and improve the shopping experience by providing convenience and accommodating diverse customer preferences.

How payment service providers and merchants can enhance the eCommerce payment experience E-commerce is rapidly nearing an estimated market value of USD $9.3 trillion by 2027. To thrive in this growing space, merchants need to focus on enhancing both security and convenience. Two technologies that stand out in achieving this are... https://lnkd.in/dfsYGuZb