Priy Ranjan’s Post

11 #Stripe Alternatives That Will Boost Your E-Commerce #Sales 1. #PayPal — The market leader in online payments 2. #Square — A low-risk option for small and medium-sized businesses 3. #Braintree — Low fees and high customization with PayPal-level customer service 4. #Adyen — A Stripe alternative for busy businesses 5. #AuthorizeNet — The godfather of online payment processing 6. #2Checkout (now #Verifone) — Flexible billing for international transactions 7. #Helcim — Transparent pricing for growing businesses 8. #PaymentCloud — Specialized payments for high-risk industries 9. #GoCardless — Recurring payments and subscriptions in a shift away from cards 10. #Skrill — A customer-focused portal with plenty of local payment methods 11. #Amazon Pay — A trusted interface to integrate with your checkout Choosing between Stripe alternatives can be a difficult task, but it’s well worth it. Getting the right solution can boost sales and optimize costs. From PayPal’s global reach to Braintree’s advanced customization and PaymentCloud’s high-risk solutions, there’s an option for every organization. However, to make the most of these payment platforms, you need to link them to a CRM, analytics, and an attractive e-commerce website. Bitrix24 offers all of these features and much more on one powerful dashboard. Integrations with leading payment solutions like Stripe, Braintree, and so much more, mean you can run your entire sales business from a single hub. Learn more on our website: https://lnkd.in/gW56Vri8 #Ecommerce #PaymentSolutions #Bitrix24UK #SalesOptimization #CRM #BusinessGrowth #OnlinePayment #Integration #BusinessTools

11 #Stripe Alternatives That Will Boost Your E-Commerce #Sales 1. #PayPal — The market leader in online payments 2. #Square — A low-risk option for small and medium-sized businesses 3. #Braintree — Low fees and high customization with PayPal-level customer service 4. #Adyen — A Stripe alternative for busy businesses 5. #AuthorizeNet — The godfather of online payment processing 6. #2Checkout (now #Verifone) — Flexible billing for international transactions 7. #Helcim — Transparent pricing for growing businesses 8. #PaymentCloud — Specialized payments for high-risk industries 9. #GoCardless — Recurring payments and subscriptions in a shift away from cards 10. #Skrill — A customer-focused portal with plenty of local payment methods 11. #Amazon Pay — A trusted interface to integrate with your checkout Choosing between Stripe alternatives can be a difficult task, but it’s well worth it. Getting the right solution can boost sales and optimize costs. From PayPal’s global reach to Braintree’s advanced customization and PaymentCloud’s high-risk solutions, there’s an option for every organization. However, to make the most of these payment platforms, you need to link them to a CRM, analytics, and an attractive e-commerce website. Bitrix24 offers all of these features and much more on one powerful dashboard. Integrations with leading payment solutions like Stripe, Braintree, and so much more, mean you can run your entire sales business from a single hub. Learn more on our website: https://lnkd.in/gwGeykuk #Ecommerce #PaymentSolutions #Bitrix24India #SalesOptimization #CRM #BusinessGrowth #OnlinePayment #Integration #BusinessTools

11 #Stripe Alternatives That Will Boost Your E-Commerce #Sales 1. #PayPal — The market leader in online payments 2. #Square — A low-risk option for small and medium-sized businesses 3. #Braintree — Low fees and high customization with PayPal-level customer service 4. #Adyen — A Stripe alternative for busy businesses 5. #AuthorizeNet — The godfather of online payment processing 6. #2Checkout (now #Verifone) — Flexible billing for international transactions 7. #Helcim — Transparent pricing for growing businesses 8. #PaymentCloud — Specialized payments for high-risk industries 9. #GoCardless — Recurring payments and subscriptions in a shift away from cards 10. #Skrill — A customer-focused portal with plenty of local payment methods 11. #Amazon Pay — A trusted interface to integrate with your checkout Choosing between Stripe alternatives can be a difficult task, but it’s well worth it. Getting the right solution can boost sales and optimize costs. From PayPal’s global reach to Braintree’s advanced customization and PaymentCloud’s high-risk solutions, there’s an option for every organization. However, to make the most of these payment platforms, you need to link them to a CRM, analytics, and an attractive e-commerce website. Bitrix24 offers all of these features and much more on one powerful dashboard. Integrations with leading payment solutions like Stripe, Braintree, and so much more, mean you can run your entire sales business from a single hub. Learn more on our website: https://lnkd.in/gkeD-Qfq #Ecommerce #PaymentSolutions #Bitrix24 #SalesOptimization #CRM #BusinessGrowth #OnlinePayment #Integration #BusinessTools

11 #Stripe Alternatives That Will Boost Your E-Commerce #Sales 1. #PayPal — The market leader in online payments 2. #Square — A low-risk option for small and medium-sized businesses 3. #Braintree — Low fees and high customization with PayPal-level customer service 4. #Adyen — A Stripe alternative for busy businesses 5. #AuthorizeNet — The godfather of online payment processing 6. #2Checkout (now #Verifone) — Flexible billing for international transactions 7. #Helcim — Transparent pricing for growing businesses 8. #PaymentCloud — Specialized payments for high-risk industries 9. #GoCardless — Recurring payments and subscriptions in a shift away from cards 10. #Skrill — A customer-focused portal with plenty of local payment methods 11. #Amazon Pay — A trusted interface to integrate with your checkout Choosing between Stripe alternatives can be a difficult task, but it’s well worth it. Getting the right solution can boost sales and optimize costs. From PayPal’s global reach to Braintree’s advanced customization and PaymentCloud’s high-risk solutions, there’s an option for every organization. However, to make the most of these payment platforms, you need to link them to a CRM, analytics, and an attractive e-commerce website. Bitrix24 offers all of these features and much more on one powerful dashboard. Integrations with leading payment solutions like Stripe, Braintree, and so much more, mean you can run your entire sales business from a single hub. Learn more on our website: https://lnkd.in/gCSyPWdn #Ecommerce #PaymentSolutions #Bitrix24EU #SalesOptimization #CRM #BusinessGrowth #OnlinePayment #Integration #BusinessTools

A good D2C checkout experience is a must for any brand and can directly impact your abandoned cart numbers. Shopify offers a well-optimized checkout page template, which by the way is not easy to customise. Pros: 1. Familiarity with the layout. 2. Auto-address fills since most clients have details saved from previous Shopify checkouts. 3. Choice of payment options 4. Uncluttered. Sometimes the multiple company logos and the tiny handwriting showing offers on each makes the checkout page cluttered and unappealing, which is not the case with Shopify. 5. All eggs aren't in one basket since functionalities are distributed across various APIs, reducing dependency risks. Cons: 1. Have to create and plug in individual payment options. For example: Razorpay, CRED, other portals like Simpl and LazyPay that allow EMI. 2. Tracking and reconciling incoming payments from various channels isn't as straightforward. 3. Shopify doesn't have any in-built payment options or partners so EMI or other payment plans become a challenge. Instead, Platforms like Simpl are offering easy EMI options which help companies raise AOV without delayed cash. 4. With the increasing number of UPI options, wallets, cashback channels etc., it is very hard to keep up with multiple integrations and small hiccups whereas going with one partner can shift this responsibility to their arena instead of yours. 5. Shopify offers no features to filter our fraud. Their backend fraud analysis is rudimentary. COD order risk is lower with an increasing database of aggregator companies which collect client data across other websites which means means clients who default in accepting COD parcels get their privilege taken away. This will breed an overall responsible customer mindset and minimise RTO for companies. #shopify #abandonedcart #onlinebusiness #d2c #d2cbrands #checkout #checkoutpage #fancypants

I’ve worked with 100s of Shopify Plus merchants, and if there's one thing I've learned, it's that there's always room for tools that make life easier for our merchants. If I weren't here, I'd probably be out there building some of them. Here are a few app ideas that I know there’s a need for: 1. B2B Loyalty App: Something that's more about building relationships than just points. Imagine a system where the more you collaborate, the better the perks. Think tiered membership plans, credit limits, customised rewards, sustainability initiatives etc. 2. Better Invoicing App: B2B needs are unique, and it seems like not many apps get this. An invoicing app which is fully customisable and that can use Shopify's metafields to customise every bit of it could change the game. 3. Subscriptions for Physical Goods: Physical product subscriptions have specific nuances that aren’t served by the likes of Recharge. Subscribing to a consumer good like coffee carries different challenges than subscribing to a bike subscription (like Bike Club for example). Its about managing the entire lifecycle of a product, from start to finish, including returns, upgrades, buyout offers etc. These are just ideas, but I believe they could fill some real gaps in the market. There’s a real gap for apps which understand the nuances for B2B and cater to them. What do you think? Any developers out there that you know are building in this space?

🚨 𝙅𝙐𝙎𝙏 𝙄𝙉: PayPal Partners with Shopify to Power a Portion of Shopify Payments in the U.S. 🇺🇸 PayPal will become an additional online credit and debit card processor for Shopify Payments through PayPal Complete Payments, a solution for marketplaces and platforms comprised of flexible and powerful developer tools. With a brand-new experience, PayPal wallet transactions will be integrated into Shopify Payments in the U.S., which will streamline the managing of orders, payouts, reporting, and chargeback flows. This enhancement creates a single, unified experience for PayPal and Shopify merchants offering both innovative payment options and operational efficiency. “We're excited to strengthen our partnership with Shopify by bringing exceptional experiences for our joint customers,” said Alex Chriss, President and CEO, PayPal. “This showcases PayPal’s growing role as a leading platform of choice for the world’s largest commerce brands, technology companies, and payment processors.” This latest update in the U.S. builds on the partnership in 2022, when PayPal teamed up with Shopify to introduce Shopify Payments in France. Find this helpful? [ 𝗿𝗲𝗽𝗼𝘀𝘁 ] Anything to add about this subject? [𝗶𝗻𝘃𝗶𝘁𝗲𝗱 𝘁𝗼 𝗰𝗼𝗺𝗺𝗲𝗻𝘁] Nice story, Marcel. Next! [ 𝗹𝗶𝗸𝗲 ] 

How does the No.1 #Ecommerce Platform in the world Shopify is trying failed payments? I'm glad you asked. First a bit of background. Failed payments that leads to ‘Passive’ #churn is a hidden Revenue Killer 💳 for #SaaS Businesses - It's a bad customer experience - Risk to lose the payment - and a bigger risk to your net revenue LTV ... Shopify is no different According to Andreessen Horowitz by adding fintech offering, SaaS businesses can increase revenue per customer by 2-5x and open up new SaaS markets. Vertical SaaS companies – like Mindbody, Toast and Shopify – typically started by reselling financial services (primarily payments), they are now embedding financial products directly into their vertical software. Shopify Monthly recurring revenues is at $149 million (up 35%) while payments and merchant solutions increased 21% to $1.6 billion "management said was driven in part by the increased penetration of Shopify Payments" (see source in the first link) --> 🚨Shopify is making more money on payments then their "core" Monthly recurring revenue Back to failed payment as a huge source of revenue lost/ growth Involuntary churn refers to the loss of subscribers due to payment failures, not due to them actively canceling. While it is both possible and a worthwhile strategy to attempt to win back a customer during the cancellation process — involuntary churn is not intentional and in most cases, your customers aren’t even aware that their payment failed...... Shopify is trying failed payments 11 times, every 2 days (see the image) in what we (FlyCode) call a fixed-interval retry strategy. We love Shopify, but it's a bit of a legacy approach that ultimately reduces retry success rates vs. using a ML & AI based payment optimization - Are you interested in learning how the best companies in the world optimize payments? If you leave a comments, I'll send you the full guide for free

Have you heard? Influence.io - a member of our AppHub ecosystem - is now available to customers on the BigCommerce platform! Influence.io provides you with a suite of tools for rewards, loyalty tiers, and referrals, helping you build long-term loyalty, increase customer engagement and retention, and maximize revenue. And now it’s super easy to grow your BigCommerce store with Influence.io! Cheers to the Influence.io team for this fantastic achievement! Learn more about how Influence.io can enhance your loyalty program. 👇

You know that feeling when you finally nail down the perfect payment processor for your Shopify store? 🙌 It's like a weight off your shoulders! I used to struggle with integrations and hidden fees that ate into my profit margins. I remember that one time a customer had to refund because their payment didn't go through smoothly – so frustrating! After a lot of trial and error, I found a processor that clicked with my store. It was all about understanding the fee structures, like whether I preferred a fixed rate or something based on interchange fees. And guess what? I even learned about accepting digital wallets, which has been a game-changer for boosting sales! What really helped me was Zonder AI. It did the heavy lifting in understanding my customer queries fast, even when transactions got messy. With it, tracking orders and addressing any payment hiccups became as easy as pie. Seriously, no more waiting around for answers! 🍰 I started seeing fewer chargebacks and a smoother checkout process, which means happier customers. It's all about creating a seamless experience, right? Have you had any hiccups with payment processors? I’d love to hear your stories and what worked for you! Drop your thoughts below! #ZonderAI #EcommerceTips #ShopifySuccess