In the dynamic eCommerce landscape, businesses are leveraging cutting-edge payment trends.
Examples include one-click mobile transactions and embedded finance to not only reduce costs, but also boost revenue. Transitioning from cost centers to strategic revenue drivers, payment providers now play a pivotal role in enhancing customization, increasing conversions, and optimizing performance.
Our report offers insights into the evolving landscape of ecommerce payments. It examines the latest trends, innovations, and market dynamics shaping the ecommerce payment industry in 2023. The report covers a wide range of topics, including the rise of alternative payment methods, the impact of digital wallets, and the increasing importance of security and fraud prevention measures.
80% of consumers have shopped on their mobile in the last 6 months. 6% abandon their cart due to lack of payment options.
By analyzing these trends, businesses can gain valuable insights to optimize their payment strategies, enhance customer experiences, and stay ahead of the competition in the fast-paced ecommerce market. Additionally, the report highlights Nuvei's expertise and commitment to supporting businesses in navigating the complexities of ecommerce payments, ensuring they can capitalize on emerging opportunities and drive growth in the digital economy.
Download to learn:
- Which type of purchases have the highest rate of abandonment, and how to solve it
- How to create customer stickiness with embedded finances
- Ways to optimize your payment stack, boost acceptance, increase security, reduce declines
- How to access multiple open banking providers through one PSP
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