Different payment methods lead diverse customers. As a business owner, you need to choose the best one to increase your sales.
In fact, while you started your online business or selling merchandises in retail shops, you will know choices are important. If you offer a complex payment gateway, then the checkout process may not be smooth. Your customers cannot get a bad customers experience, let alone your potential customers.
If your online stores or retail shops have high traffic with low sales, you need to check your payment methods. Although many factors will affect your business sales, payment is the last step. You can imagine how sad if you loss your customers while they are messing up with checkout.
Fortunately, we have tried several payment methods to help you find the best one, let’s go through:
8 Popular Payment methods you should never miss
No matter you sell things in a retail shop, Shopify store, or other online eCommerce platform, you can use these main payment methods. An easy-to-use payment gateway is seamless with your checkout.
Apple Pay
As one of the most popular brand, Apple has many active users. In the same way, many customers are using Apple Pay. No doubt most business owners use it as a checkout payment method.
Apple Pay empowers customers to make their purchases securely with different devices & ways.
Google Pay
As a strong competitor of Apple Pay, Google Pay also offers customers a contactless payment method. Customers can go shopping in the retail stores or online eCommerce platforms with various smart-phones.
Amazon Pay
As one of the famous eCommerce platform, no doubt Amazon Pay has many users. Customers can use various to make the purchases with Amazon Pay too, such your mobiles, tablets, browers.
Aim to provide a better shopping experience, Amazon Pay has a great function design for both business owners and customers. With powerful features, retailers and online shops find it can attract more customers. Not only the checkout process becomes streamline, but also brings a better customer experience.
Securion Pay
As a secure online payment solution, SecurionPay can use in different devices too. You can think it’s all in one solution for every business owners who need online payment.
SecurionPay offers a fast payment process, which is seamless with your business too. With great features, most store keepers gain an increasing to their business sales.
Paypal
PayPal is a worldwide online payment like PassPay, which is famous between both merchants and customers. Customers can use Paypal as a credit card or debit card to get paid or transfer money. Even it has the powerful functions as a bank account.
Paypal allow your customers to make transaction across different countries with their email. Meanwhile your stores can get payment from all over the world too.
As one of the most popular payment methods, Paypal is easy to use on any stores, both online and offline.
Stripe
Stripe is one of the popular cloud payment methods, helping business owners manage transactions. It simplify the online payments process too, and is seamless with various online eCommerce platforms.
As a powerful payment gateway, Stripe ensures a healthy transactions of your business. Users can get payment with great security.
Skrill
Since 2001, Skrill has increased become more and more popular. It knows the demands of most business owners, and help them simplify the payment processing too. Both online sellers and offline retailers can manage their transaction better.
If you go shoping online, you will find many top companies use Skrill. It comes from UK, but now it’s a worldwide payment gateway.
PayLater by Passfeed
Like the main payment methods above, PayLater by Passfeed not only enables merchants to get payment faster, but also let customers buy their favorites with contactless payments.
Moreover, PayLater offers you a new solution of ‘Buy Now Pay Later’. With Paylater, you can enjoy everything first, bring them back to home, and pay the bills later. Suddenly you will find you can afford anything, you do not have the hard time to consider you have enough money or not. Even before checkout, it is easy to go ahead. Once you pay back the fees before the deadline of installments, you do not need to pay any interest fees.
Sure PayLater have many benefits for both merchants and customers, click here to know everything about ‘Buy Now Pay Later‘.
Features:
- Instant Approvals
- Get paid Upfront
- Pay in Installments
- Enjoy Rewards
- iMerchant by Passfeed(Powerful Business Management Systems)
How to choose the right Payment Method to boost your sales?
The payment methods you need will depend on your business goals. Before applying one, please make sure you have read this post and get their difference.
Find the reliable payment solution
No matter which payment method you choose, you should choose the reliable one.
For example, PayLater by Passfeed uses strong technique to ensure the customers’ security.
Focus on your customers
In fact, before your store offers the payment method you choose, you need to consider your customers. Do think about how it can be good for your customers.
For example, now more and more customers would like to use ‘Buy Now Pay Later’ method to enjoy their goods first. Then choosing the right payment method like PayLater by Passfeed will attract more customers. At least your choice should improve your customers’ experience but not to let them feel bad.
Make Sure no extra fees
Although you can choose different payment methods, you need to make sure the cost.
Sometimes some payment methods will charge you for service fees and transaction fees. All these fees will increase your cost, so you need to consider whether your sales revenue can cover your cost or not.
PayLater helps you grow your business
As one of the leading ‘Buy Now Pay Later’ solutions, PayLater by Passfeed is aim to help you boost sales.
Once your customer buy something, you can get your payment upfront. You do not need to worry about chasing your customers.
Compared with other payment methods, PayLater is more popular among the youngsters. Also you can see there is a significant growth trend to PayLater.
Moreover, PayLater is easy for business owners to apply and use. It is already widespread in retail, hospitality, restaurant industries and eCommerce.
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