5 payment trends retailers must watch this Black Friday 👀 This year, Black Friday isn’t just about discounts — it’s about delivering a seamless and secure shopping experience that sets the stage for holiday success. From the #BNPL surge to combating #cybercrime, retailers have the chance to boost sales and customer trust by embracing these critical payment trends: ➡️ $18.5B in BNPL spending forecasted for this holiday season, with $993M on Cyber Monday alone (Adobe Analytics) ➡️ Digital wallets like Google Pay are becoming checkout favourites, especially for tech-savvy, younger shoppers (GlobalData) ➡️ Mobile POS systems slash wait times, helping reduce cart abandonment and elevate in-store efficiency ➡️ Fraud prevention remains a top priority, saving millions and protecting customer trust How are you preparing your payment strategy to win big this Black Friday? Share your thoughts below 💬 #BlackFriday2024 #Payments
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Cyber Monday is the 2nd December 2024 and only one of four shoppers will start gift shopping during specific sales events such as Black Friday or Cyber Monday. It's crucial to ensure your payment process is set up to reduce shopping cart abandonment. Here's some facts about shopping cart abandonment for 2024: 🏃 Almost 70% of shoppers abandon their carts. 📱 Mobile cart abandonment rate is the highest of all devices, at 85.65% 🚨 Social media is the traffic source with the highest cart abandonment rate at 91% 💭 Customers aged 25-44 abandon their carts the most. 💰 Extra costs (shipping) lead 48% shoppers to abandon their cart. #payments #cardprocessing #merchantaccount #paymentgateway #payments #highriskcardprocessing #ecommerce #blackfriday #cybermonday #cyberweekend
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🔊 Black Friday is Coming: Are You Ready? 🔊 With the holiday shopping season kicking off soon, retailers are preparing for one of the busiest times of the year—Black Friday. At Market Pay, we’re helping stores get ready to handle the rush with tools that can make the shopping experience smoother and faster. 🚀 Our Mobile POS Terminals and Tap-to-Pay solutions are ideal for queue-busting, helping retailers manage high foot traffic with ease. Shoppers can check out quickly, keeping the flow going so no one is left waiting in line. And with the growing madness of online shopping 📱, security is critical! 💻 Did you know that Black Friday can also be prime time for online fraud? Protecting your e-commerce site is a must. Check out our latest blog article on how to protect your e-commerce site from payment fraud and ensure that you’re prepared ⬇️ https://lnkd.in/d2V7S7Yg 👉 Don’t just prep for Black Friday crowds; make sure your customers' payments—online and in-store —are secure, fast, and efficient. #BlackFriday #RetailTech #PaymentSecurity #TapToPay #QueueBust #EcommerceSecurity
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Black Friday and Cyber Week are gaining momentum across Europe! 🛒 Is your site ready to handle the surge? Boost your conversions this season by offering Open Banking and local payment methods like iDEAL, Sofort, and Blik—the keys to winning over European shoppers on the biggest shopping days of the year. Read more: https://lnkd.in/gKZqfRXx #BlackFriday #CyberWeek #PaymentSolutions
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Prepping for Peak Sales Days: Black Friday & Cyber Monday! As the year’s biggest shopping events approach, we’re gearing up for what’s predicted to be another record-breaking season! E-commerce growth continues to accelerate, and we’re expecting higher online traffic and sales as shoppers turn to digital-first experiences. With PayU GPO, your business is ready to capture every opportunity, from seamless checkouts to high-approval rates. Let’s make the most of this peak sales days together! #BlackFriday #CyberMonday #Ecommerce #PeakSales #PayUGPO #OnlinePayments
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🎄 The holiday season is here, and shopping should be easy! 🛍️ With Black Friday, Cyber Monday, and festive shopping on the way, customers want a quick, simple checkout. 🤳 A one-click payment option can make all the difference, ensuring fast and secure transactions that keep up with holiday demand. See how a quick, seamless checkout can turn holiday browsers into loyal buyers. This season, let's make every second count, and every sale too! 🌟 #HolidayShopping #OneClickPayment #BlackFriday #SeamlessCheckout #Ecommerce #OnlinePayments
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Black Friday is one of the busiest shopping days of the year, but it can also be a huge challenge for eCommerce websites. Increased traffic can lead to slower load times, checkout issues, and potential downtime - all of which can hurt your sales and reputation. There is still time to implement Axcess Merchant Services payment solutions to handle the influx of traffic during the Cyber Weekend. #payments #ecommerce #blackfriday #cybermonday #cyberweekend #cardprocessing #merchantaccount #paymentgateway
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In the US, #BlackFriday is the busiest sales period of the year and is seen as the start of the Christmas shopping season – and it has taken hold in Australia in a big way. This year local shoppers are tipped to spend $1.54 billion the four-day sales blitz from Black Friday to #CyberMonday. Purchases on everything from sofas to washing machines to the latest fashions should boost Black Friday spending by 5.6 per cent, according to ANZ card data. The expected rise in spending contrasts with the $1.46 billion spent from Black Friday to Cyber Monday in 2023. Read the full article: https://lnkd.in/gSxBpxGT
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💸 Buy Now, Pay Later is the new norm! 💸 BNPL is rapidly growing, especially among Gen Z—47% are expected to use it by 2025! With $8.3 billion spent during last year’s Black Friday Cyber Monday on BNPL purchases, this trend is here to stay. 📈 Prepare for high-sales periods like Black Friday Cyber Monday by offering options like Shop Pay Installments, giving customers the freedom to pay in chunks while you still get paid upfront. Flexibility = more conversions! 🛒 For more such content follow us! #BNPL #BuyNowPayLater #GenZShopping #BFCM2024 #BlackFridayDeals #CyberMondaySales #ShopPay #EcommerceTrends #FlexiblePayments #ShopSmart #CustomerExperience #BlackFriday #CyberMonday #MapMyChannel
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🚨 We’re officially in the Black Friday season! 🚨 Did you know that only 22% of merchants offered express checkout during for Black Friday Cyber Monday 2023? 😲 With consumers increasingly expecting a fast and frictionless shopping experience, providing express checkout options like Apple Pay or Google Pay can make a significant difference. Are you prepared to keep up this year? 👉 Dive into our article to discover more actionable tips for boosting your Black Friday sales: https://lnkd.in/dUu79PNj #BlackFriday #EcommerceTips #Payments
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As the Black Friday rush begins, consumers are eager for the best deals, but unfortunately, scammers are too. Here's how to keep yourself safe while shopping: 1️⃣ Only Use Verified Retailers – Research unfamiliar sites to confirm legitimacy. 2️⃣ Watch Out for Deals That Seem ‘Too Good to Be True’ – Scammers often use unrealistically low prices to lure buyers. 3️⃣ Use Secure Payment Options – Stick to credit cards or reputable payment services for an added layer of protection. If you suspect you’ve encountered a scam, report it to consumeradvice.scot at 0808 164 6000 or use scamwatch.scot #BlackFriday #ConsumerSafety #SafeShopping #ScamPrevention
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