Checkout abandonment, especially with regard to smartphones, is still high. As a result, transaction volumes become suppressed, and new payment options are encouraged to allow for faster and smoother transactions for consumers ready to make purchases. Improving Mobile and eCommerce Conversion Rates Payment processors that need to better mobile and eCommerce conversion rates can choose to have an effective update...
According to the “Consumers and Debit in the U.S.: Heightened Security Concerns,” report, high earners and young adults have one thing in common – a lower than average use of debit cards. The report canvased about 3,000 U.S. adults about their debit card use. For households that earn over $100,000, only 52 percent use debit cards and only 56 percent...
“Whilst usability is key for payments, security is a necessary condition for people to use them.” – Peng Ning According to the surveys carried out by the Federal Reserve, consumers consider security to be the top feature of payment methods. However, other payment characteristics like record keeping, cost, and convenience aren’t regarded as less important characteristics. The Difference Between PIN...
