WortfilterWortfilter
  • Home
  • eCommerce & Wirtschaft

    Weitere Kategorien

    • eCommerce & Wirtschaft
    • Logistik
    • Optimierung
    • Payment
    • Warenwirtschaft

    Neuster Beitrag

    Amazon Air closes air freight centre at Leipzig/Halle

    The world's largest online retailer Amazon is closing its air freight centre at Leipzig/Halle Airport. The company announced this last…

    Michael Meyer Michael Meyer 2 Min Read
  • Online-Marktplätze

    Weitere Kategorien

    • Online-Marktplätze
    • Amazon
    • Ebay
    • Kaufland
    • Sonstige

    Neuster Beitrag

    Walmart – From online to stationary: marketplace the other way round

    Walmart Open Call 2023: Walmart is offering an interesting opportunity for Marketplace sellers in the US: now in its 10th…

    Heidi Kneller-Gronen Heidi Kneller-Gronen 2 Min Read
  • Alles was Recht ist

    Weitere Kategorien

    • Alles was Recht ist
    • Recht
    • Steuern
    • Zoll

    Neuster Beitrag

    Beware of imports – The quick expensive design/patent infringement

    And there they were again: warnings and blockings. Currently a big problem again. Time for a little clarification and support…

    Heidi Kneller-Gronen Heidi Kneller-Gronen 5 Min Read
  • Technologisches & KI
  • Start-Ups

    Weitere Kategorien

    • Start-Ups
    • Checklisten
    • Nützliches
    • RANDNOTIZEN

    Neuster Beitrag

    Beware of imports – The quick expensive design/patent infringement

    And there they were again: warnings and blockings. Currently a big problem again. Time for a little clarification and support…

    Heidi Kneller-Gronen Heidi Kneller-Gronen 5 Min Read
  • Lifestyle
  • English
    • Deutsch
    • English
Reading: Approx. 70% aborted purchases due to the wrong payment option – e-wallets are becoming increasingly popular worldwide
Share
Aa
WortfilterWortfilter
Aa
  • eCommerce & cconomics
    • logistics
    • optimization
    • payment
    • merchandise management
  • online-marketplaces
    • amazon
    • ebay
    • Kaufland
    • others
  • legal matters
    • law
    • tax
    • customs
  • start-ups
    • checklists
    • useful
  • technological and AI
  • lifestyle
  • Deutsch
Follow US
© 2023 Wortfilter.eu · All Rights Reserved.
Wortfilter > Ecommerce and Economics > Payment > Approx. 70% aborted purchases due to the wrong payment option – e-wallets are becoming increasingly popular worldwide
Ecommerce and EconomicsPayment

Approx. 70% aborted purchases due to the wrong payment option – e-wallets are becoming increasingly popular worldwide

Heidi Kneller-Gronen
Last updated: 2023/06/05 at 8:46 PM
Heidi Kneller-Gronen
Share
Foto von micheile henderson auf Unsplash
SHARE

The choice of payment options in an online shop has a significant impact on the customers’ purchasing decisions. As an international online retailer, it is essential to know the needs of your target group and to offer appropriate payment options. According to ACI’s Basant Singh, the number of mobile payments is expected to grow to 53% by 2025, which means merchants must always react to new developments in payments.

Customer satisfaction is the top priority for retail companies, whether online or stationary. Online merchants should therefore take their customers’ preferences into account and offer the preferred payment options. A diverse choice of payment methods is particularly important in order to meet customer expectations. Being flexible and offering a wide range of payment options is especially crucial for international sales. By adapting to the habits of customers in the target country and reacting to new trends in good time, an online shop can assert itself against the competition.

The choice of payment options plays a crucial role in the success of an online shop . According to a study by the Baymard Institutebreak about 70%of website visitors abandon their purchase, often due to von Concerns about the security of their credit card information orof a complicated checkout process. one tosmall selection of payment optionsis also a common reason for abandonment. By providing various reliable payment methods, many abandoned purchases can be avoided.

The  RetailX Global Ecommerce Report 2022  and the  RetailX Europe Ecommerce Region Report 2022 contain very exciting information on this. According to Statista weree-walletsandDebit/Credit Cardsin 2021 the most used payment methods in e-commerce worldwide. E-wallets were the most popular payment option and were used for around half of all transactions. E-wallets are particularly popular in Asia. Well-known examples of e-wallets are Apple Pay, Google Wallet, PayPal as well as Alipay and WeChat Pay in China. However, there are clear country differences here and it shows that in Germany and Switzerland bank transfers are still clearly ahead:

Source: Asendia – Zahlungsoptionen im Ländervergleich

Heidi Kneller-Gronen 5. June 2023 5. June 2023
Share This Article
Facebook Twitter Email Copy Link Print
Previous Article Brussels: Customs exemption for parcels with a low value of goods is to be dropped
Next Article AWS GetIT: Students develop innovative apps
Leave a comment

Leave a Reply Cancel reply

You must be logged in to post a comment.

Stay Connected

Facebook Like
- Empfehlung -
Ad imageAd image

Latest News

Amazon Air closes air freight centre at Leipzig/Halle
Logistics
Walmart – From online to stationary: marketplace the other way round
Online marketplaces
Barbie – a lesson in Intellectual Property Law
Law
X – that was probably nothing
lifestyle

//
Wortilter was a project from Axel Gronen and I will continue it to the best of my ability. Here it is about all topics around eCommerce

  • About Wortfilter
  • History
  • Contact
WortfilterWortfilter
Follow US

© 2023 Wortfilter.eu · All Rights Reserved · Kontakt · Impressum · Datenschutz · EU Cookie Richtlinien

Welcome Back!

Sign in to your account

Lost your password?