Estonian online shoppers are abandoning bank transfers for Apple Pay at a rate nobody predicted. According to data from the Estonian E-Commerce Association, two-thirds to three-quarters of new Apple Pay users previously paid via bank transfer – a shift that’s upending decades of payment habits in the Baltics.
Online sales transactions are becoming increasingly common; many small businesses, freelancers, and service providers still don’t have their own e-commerce store. The reasons vary – lack of technical knowledge, time, human resources, or budget to develop an online store. But this doesn’t mean they should give up the opportunity for online payments. The good news […]
Europe is split into two camps for online payments. Western countries prefer digital solutions, while the East still relies on cash. 85.6% of Greek e-shops offer cash on delivery, while in Scandinavia it’s less than 10%.
Continuing our exploration of payment processing from last week, we now dive deeper into the challenges merchants face when scaling payment operations globally. From technical integrations and compliance hurdles to fraud management and regional preferences, the payment landscape requires strategic navigation. This article explores the hidden complexities of payment challenges, how banks and fintechs are […]
When customers click the “Buy Now” button on an e-commerce site, they rarely think about what happens in the split second before their order confirmation appears. However, as a payment expert who has helped countless merchants expand across different markets, I know that payment processing is the backbone of every secure online transaction. A smooth […]
Payment handling is important for small businesses because it lets them get paid for their goods and services. Credit cards, bank cards, and digital wallets are just a few of the ways that this can be done. Picking the right payment processor can have a big effect on how well a business works, how safe […]
Technology is on the rise and it has never been easier to make cashless purchases. You don’t even have to take your credit card out of your wallet. Taking the convenience of shopping to a new level, this innovative method is rapidly gaining popularity around the world.
Technological advances are driving substantial change and transformation in the payments industry. The convenience and efficiency offered to consumers by mobile apps, e-wallets and online payment systems is gaining momentum. That’s why cybersecurity is a top priority for businesses.
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