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Welcome to our blog

06
Dec

The Life of a Head of Payments: How do I sell online?

The Life of a Head of Payments is a blog series centered around Orly Amrany and her experience as Chief Product & Payment Officer at Wix.

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27
Nov

How To Increase Your Payments Efficiency

The efficiency with which your site processes payments online can have a profound effect on both your profitability and the experience your customer receives. Payments efficiency goes beyond measuring cost per transaction; a truly efficient payments process must take into account other factors, decline rates, and transaction speed. For example, a lower transaction cost is not efficient if the decline rate doubles; the cost of these lost transactions far outweighs the small savings made on each successful sale. Maximizing your efficiency involves taking into account all these different factors to provide the best overall experience and opportunity for revenue. The best possible outcome happens when each individual customer is routed to maximize efficiency.

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01
Nov

Why polyamory is a great approach to your global payments strategy

International eCommerce success requires a local attitude towards payments. Despite this, many businesses take a one-size-fits-all approach, assuming international customers will pay by credit card or debit card through their one payment provider. Unfortunately, it doesn’t work that way. Businesses who stick to just one or two large payment providers are restricting their success and income. You may be used to PayPal and Stripe, but payment methods differ wildly across the world. In many African countries, for example, mobile payments dominate, while in India, bank payments and pre-paid cards are popular. It’s not just about customer preference either. Businesses who stick to a limited selection of payment providers risk becoming uncompetitive due to decreased conversions, reduced acceptance rates, and higher fees. Let’s look at this in a bit more detail…

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31
Jul

Six Ways to Increase Your Approval Rate

As your enterprise grows across geographies you are forced to deal with multiple payment methods in different countries while trying to cut related costs and increase efficiency. You have probably already discovered that declines are a costly headache, especially if you handle vast amounts of payments. Here, we've outlined five ways to increase your approval rate.

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25
Jul

“All Our Dreams Can Come True, If We Have the Courage to Pursue Them.”

ZOOZ was founded eight years ago based on the realization that global payment rails were still using yesterday’s technology and methods. It's been a real crazy ride... Today, we are proud and excited to join the PayU team and work together towards borderless commerce.

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19
Jul

How to improve your customer experience

We all know how significant user experience is for e-commerce websites. However, it is important to remember that your customer’s experience not does not end until the transaction is completed. Research shows that many customers abandon their shopping carts at the payment stage. Do not give your customers a reason to abandon their shopping carts. Ensure the transaction process is fast and simple by using multiple local payment gateways in your online store.

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28
Jun

International Payment Preferences part 2

The fin-tech sector is quite dynamic, with new payment offerings constantly rising and evolving all over the world. The key to higher customer conversion rates is keeping your finger on the payments pulse and providing the most popular payment options to each audience. But be sure to monitor your offerings regularly because the only constant in payments is change, and you really don’t want to be left behind.

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14
Jun

International Payment Preferences part 1

As you can see, payments preferences widely differ by country. Using the preferred payment channel can make or break your business. Choosing the wrong payments channels, no matter the product and marketing can result in low conversion rates and vice versa. In short, to succeed globally, one must cater to local needs.

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