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Offering multiple payment options improves customer satisfaction and boosts sales. This infographic highlights the importance of alternative payment methods and their benefits for businesses and consumers. It covers key solutions like eWallets, BNPL, and mobile wallets while explaining their role in reducing cart abandonment and processing costs. Read the whole infographic to know more.
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ALTERNATIVE PAYMENT METHODS Expanding your payment options can enhance customer experience, increase conversions, and reduce processing costs GROWING CONSUMER PREFERENCE Shoppers increasingly prefer digital and flexible payment solutions over traditional cash and card transactions. POPULAR PAYMENT ALTERNATIVES eWallets, mobile wallets, BNPL (Buy Now Pay Later), and online banking streamline the checkout process. REDUCED CART ABANDONMENT Offering multiple payment options minimizes friction at checkout, leading to higher conversion rates. LOWER PROCESSING COSTS Alternative payment methods help businesses cut down on expensive credit card transaction fees. WEBPAYS SMART SOLUTIONS WebPays enables seamless integration of alternative payments, ensuring a secure and optimized payment experience. www.webpays.com