Splitit’s Post

The holiday season is here, and with it comes a big opportunity for merchants to maximize value by meeting customer expectations. One clear trend? Pay-later options are becoming a game-changer in how shoppers choose where to spend. 📊 Here’s what the data tells us: ➡️ 43% of shoppers say the availability of pay-later options influences where they shop. ➡️ 68% of consumers want to see pay-later plans before they reach checkout—early visibility matters. ➡️ 52% of millennials feel more confident making larger purchases when pay-later options are available. What does this mean for merchants? Prominently showcasing flexible payment options like pay-later throughout the shopping journey isn’t just a feature—it’s a strategy. It’s about giving your customers the confidence and flexibility they need to shop how they want, when they want. 💬 How are you preparing for holiday sales? Drop your thoughts in the comments! We’d love to hear how you’re planning to use payment solutions to stand out this season. #HolidaySales #PayLaterSolutions #FortisPayments #CustomerExperience #BusinessGrowth

Seasonal shopping is upon us! Is your payment strategy optimised for the festive boom? 🎁 According to research from the Baymard Institute, almost one in five (18%) consumers said the main reason they would abandon a shopping cart was if the checkout process was too long or complicated. How can merchants simplify their checkout process without compromising profitability? We've released a FREE guide to optimising your payment strategy, setting up your process for the seasonal shopping period, and beyond! Download the guide here: https://lnkd.in/esG3_z7g #Ecommpay #SeasonalShopping #Christmas #Payments #PaymentStrategy #PaymentProcess #CheckoutOptimisation

Spent hours holiday shopping online, only to have your card rejected at checkout? 😭 A customer's nightmare. With the holidays fast approaching, making checkout seamless is key. Yet, 70% of online shoppers abandon carts—often due to unexpected fees, clunky checkout, or limited payment options. Make your checkout the smoothest part of the shopping journey: Streamline checkout to one page Offer popular payment options Be transparent with shipping costs Keep forms short (no one wants to fill out a novel) Enable guest checkout for new buyers Simple tweaks now can lead to more sales this season. Keep your shoppers happy (and coming back)! Follow us for more ecommerce tips! #Ecommerce #HolidayShopping #SalesTips

85% of health and beauty carts are abandoned. One reason for high cart abandonment is high shipping fees or having to set up an account. Solution: charge a little more and offer free shipping. Or offer free shipping to customers who spend a certain amount or subscribe. Most e-commerce platforms easily allow merchants to build a convenient checkout that not only converts but also gets consumers more willing to return and purchase again. *according to a Baymart Institute study.

Tip #3: Streamline the Checkout Process for Maximum Conversions! 🚀💳 Did you know a complicated checkout process is one of the top reasons for cart abandonment? At Paysmart LTD, we believe every step should be as smooth as possible! Here’s how: ✅ Minimize Checkout Steps: Fewer clicks mean happier customers. Make every step count! ✅ Guest Checkout Option: Not everyone wants to create an account. Let them shop without hurdles! ✅ Auto-Fill Features: Save time by allowing customers to auto-fill their details. ✅ Transparent Pricing: No hidden fees—keep it clear and upfront. 💡 Pro Tip: A seamless checkout isn’t just convenient; it boosts trust, improves conversions, and keeps customers coming back. ✨ For more, Follow Paysmart Ltd =========================== 🌐 www.paysmartltd.co.uk =========================== #paysmart #businesssolutions #paymentprocessing #entrepreneurgoals #financialgrowth #simplifyyourpayments #focusonsuccess #smallbusinesssupport #innovationinbusiness #smartbusinesschoices #digitalpaymentsolutions #businessboost #securetransactions #hasslefreepayments #growwithconfidence #businesshacks #financialefficiency #paysmart

Extra costs are the main reason for abandoned carts 🛒⛔ Just as free shipping can encourage a purchase, extra shipping costs can discourage it. Baymard Institute surveyed more than 2,000 US adult online shoppers on their buying experience. They found that extra costs caused 47% of abandoned carts, by far the leading blocker to an online shopper completing their checkout. The top 5 reasons for abandoned carts are: Extra costs too high (47%) 💰 Required account creation (25%) 🔐 Slow delivery (24%) 🐢 Lack of trust with credit card info (19%) 🔒 Complicated checkout process (18%) 😩 Offering clear and upfront pricing information, allowing customers to check out without creating an account, providing fast delivery assurances, and simplifying the checkout process can significantly decrease the likelihood of shoppers abandoning their online carts before completing a purchase. #ecommerce #onlineshopping #customerexperience #conversionrates

On the latest episode of Commerce Corner, Lula’s Head of Customer Success, Graham McAden, shares the keys to helping your stores rank higher in delivery service platform (DSP) search results. It ultimately boils down to two things: 👉 Item selection: Lula helps stores get off to a strong start by optimizing their digital menu for delivery apps and Lula POS integrations ensure item availability on delivery platforms is updated in real-time. 👉 Accuracy rate: Delivery service providers want to recommend stores with a strong track record of providing customers the correct items. Lula provides retailers with resources to understand and improve their completion and accuracy rates, and rank higher in DSP search results. Tune in to learn how Lula’s managed services are simplifying delivery for thousands of convenience stores! #ConvenienceIndustry #DigitalTransformation #LulaConvenience #DeliverySolutions #Ecommerce

🎁 The holiday season is here — and guess what? Shoppers are returning to physical stores! As in-store shopping makes a strong comeback, retailers need to offer seamless, personalized financing options at checkout. With ChargeAfter's Embedded Financing Platform, you can offer customers a simple, secure way to finance their holiday purchases in-store or online. With a wide selection of financing products, we help you close more sales by embedding multiple lenders at checkout — all with a single application. Message us to see what we've done for top global merchants and explore how we can work together! #RetailTech #HolidayShopping #POSFinancing

As the festive season approaches, online spending is set to surge. However, recent data reveals that approximately 70% of online shopping carts are abandoned before purchase. High delivery fees and unexpected costs at checkout are among the top reasons shoppers abandon their carts. Businesses need to streamline the checkout process. Worldpay offers solutions that simplify online payments, providing a fast and easy payment experience. Happy to to chat about how you can enhance the checkout experience, businesses can reduce cart abandonment and boost sales during the holiday season. #onlinepayments #ecommerce #checkoutexperience #cartabandonment #holidayseason #onlineshopping #paymentsolutions #worldpay #customerexperience #digitalcommerce

In the dynamic world of e-commerce, checkout personalisation is a game-changer. Yet, the retail industry often sticks to a one-size-fits-all model, leading to a massive 70% cart abandonment rate 🚨 Key Insights: ▪ Cart Abandonment: 70% of shoppers abandon their carts due to a lack of personalisation and overly complex checkout processes (Baymard Institute) ▪ Personalisation Benefits: Customised checkouts create a smoother user experience, build trust, and significantly improve conversion rates. Personalisation makes customers feel valued, enhancing their overall shopping experience (McKinsey & Company) ▪Seamless Payments: Tackling unexpected costs, payment security concerns, and international transaction complexities can slash cart abandonment rates and unlock global sales potential (PayPal) At FERO, we craft unique checkout experiences tailored to each shopper, cutting checkout time by up to 50%. Our comprehensive dashboard offers insights into cart abandonment causes and provides actionable solutions. This approach not only refines the shopping experience but also builds lasting customer loyalty 🚀 Prioritise personalised checkouts to bridge the checkout chasm and elevate your e-commerce game! Read the full blog here: 👉 https://lnkd.in/dvwfmdsQ #EcommerceTips #Personalisation #CheckoutOptimisation