Corporate Sales Director @ Worldpay | Ecommerce, integrated and stand alone payment specialist. Terminals | Full integration | Online Gateway | Business Finance
In the UK, @stripe is increasing its headline #merchant#payments charges for the first time since dropping to 1.4% + 20p in early 2016 after EU's #interchange caps. Jumps to 1.5%, 2.9% international to 3.25%, with new corporate card carve out at 1.9% 1/2 https://t.co/8G6d9UDkOl
Reduced Cart Abandonment: Offering alternative payment options can reduce cart abandonment by providing customers with a quick and convenient payment process, leading to higher conversion rates. π
ποΈ With the rise of alternative payment methods, online impulse buys have never been easier! One click and it's yours! What are the benefits of having APMβs on your website. My top 3 below! ππΌ
Increased Global Reach: Offering alternative payment methods, such as international credit cards and local e-wallets, can help businesses expand into new markets and reach a global audience. π
Review your statement regularly: Review your card payment processing statement regularly to ensure you are not being charged for any unnecessary fees. β
The new year brings new challenges for businesses, we are currently working alongside a number of merchants to reduce their payment overheads. How you can cut costs on your payments - A Thread ππ§΅
Encourage customers to use preferred payment methods: Encourage customers to use preferred payment methods, such as debit cards, which often have lower processing fees than credit cards. π³
Utilize batch processing: Batch processing can help reduce processing fees by consolidating transactions into a single batch and processing them at the end of the day. π§±
In the enhanced 7th edition of the #GlobalPaymentsReport, you'll get an in-depth videw of how consumers pay when shopping online and at the point of sale in more than 40 markets, along with #RTP insight from FIS Flavors of Fast research. Download it now. https://t.co/LTbBep22MM
Are you heading to ICE London 2022?
Our team will be stationed at booth #N5-410.
Stop by for a chat with the leading gaming payments provider!
#MyICE22#payments#worldpay#fis#gaming
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