The online auctions industry is growing with rapid advances as more time-strapped and cost-conscious consumers are looking for convenience they can have to find, compare and purchase products online easily and quickly. Online Auction Industry As there is increased consumer spending and growing number of total internet connections, revenue for the e-commerce and online auctions industry is projected to rise...
2017 will continue making customers choose to live a digital life. Year by year, more and more people are choosing different forms of online billing and looking for ways to accept payments. The 2016 Annual Billing Household Survey shows each month customers pay their bills choosing an average of 3.6 different payment methods. Customers are increasingly using mobile payments: 33%...
The number of merchants currently conducting their operations in the comfort of their homes has rapidly risen in recent times. Unlike more established enterprises, home-based businesses are less regulated, cheaper to run, and offer more flexible working hours. However, merchants that choose to work from home face the problem of limited payment options. A home-based retailer entirely depends on credit...
A merchant not accepting credit cards in today’s age and time loses a lot regarding sales and profits. Many customers see credit cards as a safer, less cumbersome way of carrying large amounts of cash and making purchases. If your business doesn’t give them the option, they’d rather move to your competitor than adhere to the alternative payment choices you...
How individuals conduct business and make purchases are changing every day. Merchants that want to see their businesses grow, must learn how to utilize new methods of payments technology that make purchasing quick and easy. Right now financial institutions are scrambling to find and develop payment processing technologies. Developers are innovating a variety of technologies driven by customer needs and...
While online sales depend solely on the ability to access the internet and navigate a webpage, brick and mortar store sales are typically more “hands on” in terms of customer coddling. Besides convenience, many choose to shop online for the ease of not having to deal with subpar employees. Employees are a shop’s front lines, and they should be kind,...
