NEWS
WHAT’S NEW
Easy integration with Guavapay
The rise in digital payments enhances customer expectations from E-commerce checkouts and payment acceptance services. There are more ways for consumers to shop and buy than ever before, including, for example, in-person online payments or digital wallets.
Businesses try to unify diverse services in one solution so the customer wouldn’t have the need to run for a competitive store with better payment offerings or leave the checkout process unfinished. As a result, businesses need all of these different payment methods to work seamlessly together to increase the conversation rate and provide customers with a frictionless payment experience.
And it’s here when such a system as API comes on a help.
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Protecting your business: important facts about chargebacks merchants need to know.
Managing returns, refunds and chargebacks - is a challenging and time-consuming task for merchants, be it retail or e-commerce. It doesn’t matter whether you accept payments by POS or payments gateway - perfect experience and customer loyalty are achieved by frictionless checkout.
Seamless payments are the driving force behind a successful business, that’s why businesses should do their best to prevent chargebacks and refunds initiations.
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Instant payments: disrupting payment services
Payments standards are moving towards constant availability and instant clearance. Customer preferences are the main driving force behind this development and the emergence of disrupting technologies.
The competition for faster and cheaper payments and the search for alternatives to keep up the businesses has led to the acceleration of digital payments during COVID-19. Thus, the acceleration of Instant Payments adoption and usage has accelerated amidst the COVID - 19.
To defend and expand their payments market share, tomorrow’s industry leaders will adapt their innovation strategies across product segments that best respond to the customers’ demand, and Instant payments are one of these services.
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Cross-border E-commerce: Optimization of Payment Gateway
According to Statista 2020, 20% of customers will stop shopping with a company if they can’t pay the way they want. Baymard Institute, in its lastest checkout study found, that 20% of customers will leave the shopping if the payment checkout is too complicated.
As it comes out of the statistics, the choice of payment gateway for your business is a key point of providing successful business activity. That’s why the building out of cross-border e-commerce infrastructure must involve a global payments network.
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