The rise of e-commerce and its future
Online sales have been increasing exponentially, eventually leading to an increase of merchants and competition. Merchants will rather need to focus on customer retention than just customer acquisition. Customer loyalty is and will be one of the game changers in the E-commerce market. Attracting a new customer costs five times as much as keeping an existing one.
Why choose PAYMILL as your e-commerce payment service provider?
- It is fast: your customers will not be redirected to other pages, they will be able to pay directly on your website through the e-payment API. A fast shopping cart avoids shopping cart abandonment and increases retention.
- It is simple: no registration is needed for your customers, they are able to easily pay online.
- It is easy: integrating PAYMILL’s API can be as easy as installing a plugin on your e-commerce platform.
- It is secure: fraud checks, 3-D Secure and all the security you need for processing online payments is already built-in.
- It is global: reach the global market and start processing international online payments in up to 100 different currencies.
- It is transparent: no monthly or setup fees. You will only pay a small fee per transaction.
Increasing your client’s loyalty with PAYMILL
There are many e-commerce payment systems, but not all of them accept as many payment methods as PAYMILL. We support all major credit and debit cards, including Visa credit card and Visa Debit, MasterCard, Maestro, Diners Club, Discover, American Express, JCB, Card Bleue, Debit Card and many others.
The more options you offer to your clients for making online payments, the more likely they will stay with you. Shopping cart abandonment increases when clients cannot pay with their favourite (or only) payment method. Having a rich payment methods portfolio is what defines a good e-commerce payment system, and PAYMILL got you covered.
Are you still wondering how to increase your customer retention? Sign up and let PAYMILL help you.