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Why retailers need an updated and versatile digital payment ecosystem? 💡 According to Upmetrics, at the end of 2023, the digital buyer population has surged to 2.64 billion, with approximately one in three individuals choosing to shop online! Retailers must stay on top of payments trends and offer their clients their favorite payment options, such as: • Contactless payments • Mobile Wallets  • BNPL • A2A technologies (such as Pix and UPI) Among many others! By offering a wide variety of payment options, merchants not only stand out from the competition, they boost customer satisfaction and their sales. According to a Hotjar | by Contentsquare report, approximately 10% of customers abandon their shopping carts when online stores lack sufficient payment methods. Additionally, research from Dividend Yield indicates that certain retail sectors, such as luxury, home and furniture, beauty, and others, can experience cart abandonment rates exceeding 70% globally. So, how can you avoid one of the biggest challenges in the digital marketplace: the abandoned cart? 🛒 Learn how to improve your sales and reduce checkout abandonment with better payment services. Read our free e-book for more insights! 👉🏻 https://hubs.la/Q02Fv11_0 #Retail #PaymentTrends #CustomerExperience #BusinessSolutions #Payments #CartAbandonment

How payment orchestration can decrease cart abandonment

How payment orchestration can decrease cart abandonment

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