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With traditional trading methods restricted by pandemic restrictions, an inability to sell through physical locations and a sharp downturn in demand, we saw merchants around the world taking an unprecedented leap and embracing innovation and digitalization in a bid to maintain their retailer-shopper relationships. in March 2020 and by 11.2%
With traditional trading methods restricted by pandemic restrictions, an inability to sell through physical locations and a sharp downturn in demand, we saw merchants around the world taking an unprecedented leap and embracing innovation and digitalization in a bid to maintain their retailer-shopper relationships. in March 2020 and by 11.2%
In the world of eCommerce, the ability to processpayments seamlessly is essential for any online business. Paymentprocessing software intermediates between the customer, merchant, and financial institution, ensuring secure and efficient transactions. What is PaymentProcessing Software?
There are several trends influencing the ecommerce industry as a whole, but arguably the most visible of these is bitcoin. When it comes to payment processors in ecommerce sites, the talk used to be about credit cards, PayPal, COD (cash on delivery), et al. Digital currencies are the future of ecommerce. Not convinced?
Here are parts of the Shopify platform you want to be familiar with: Point of Sale (POS) : Shopify POS lets businesses process their customers’ payment online or in person. Restaurants and other offline operations will find this service helpful. Shipping : Merchants can calculate their shipping rates with Shopify Shipping.
And while some Shopify merchants simply curse their bad luck and do nothing, other, more proactive sellers recognize the potential of these near-purchases, leveraging their clear interest in a product by sending out automated abandoned cart messages to re-engage with them and encourage them to complete their purchases.
No one operating in the ecommercemarket is a stranger to the threat posed by online fraud. That said, fraud is not a monolith; there are countless strategies employed by fraudsters to strike at merchants’ vulnerabilities. Blockchain is best-known as the technology that undergirds cryptocurrencies like Bitcoin.
The ecommerce landscape is constantly changing, and it can be tough to keep up with the latest trends in the industry. However, by understanding the latest ecommerce statistics, you can ensure that your ecommercemarketing strategy is on track and making the most impact. General ecommerce statistics.
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