Payment declines cost European e-commerce businesses massive amounts of revenue annually. Anti-fraud regulations such as PSD2 have made the use of Strong Customer Authentication (SCA) mandatory in Europe but have also led to an increase in payment declines. Businesses have to adopt a dynamic strategy to tackle this challenge.
Payment fraud can be crippling to your business, damaging your revenue and reputation. To fight fraud effectively, merchants need to know how to choose the best fraud management tools for their businesses. Explore more to know fraud management tools and how to choose the right one for your business.
An omnichannel retail strategy helps you reach more customers, at the same time, leaves you vulnerable to sophisticated types of fraud. Omnichannel e-commerce is becoming more relevant in Europe. Adopt the right omnichannel fraud prevention strategy to secure your transactions and protect your revenue. Understand the types of omnichannel payment fraud that can happen and what you can do to fight them.
Episode 11 of the B2B Funker Podcasts is all about payment for B2B e-commerce. Mr Emmanuel Kirse and Mr Christoph Drewes, payment specialists from Novalnet in Munich, share their expertise and thoughts on whether we will be paying with Bitcoin in B2B in the next few years. See what happens next as you listen to the Podcast.
Failed payments can impact your revenue and brand reputation. It is critical to detect and mitigate failed payments to ensure customer satisfaction and deliver long-term brand value. Explore the common reasons for the payment failure and see what are the ways to overcome them.
Consumers in Europe are paying more through digital channels. Businesses need to offer the flexibility of payment choices to engage customers and grow their revenue. Settle up with these payment methods that every business needs to reach more customers.
Retaining your existing customers is critical for the success of your business. Optimizing your payment systems can be a critical step towards improving customer experience and retention. Find out the steps you can take to improve your payments process and the customer experience you offer.
Mobile commerce has been growing at a scorching pace and doesn’t seem to be slowing down anytime soon. As a result, in-app payment solutions are critical to having an effective m-commerce strategy. So how do in-app payment applications help your business? Learn more about the benefits of using in-app payments.
Late payments are costly for your business. Not only do they choke your cash flow, but chasing them also eats into your time and resources. Automating your debt collection helps you avoid late payments and makes the entire collections process much more efficient
Point-of-Sale loans are becoming a big hit amongst consumers looking to spread out their payments. Recent investments by leading fintech players in Buy Now Pay Later indicate the market is ripe for growth. But is your e-commerce company ready for it?
There are scores of online payment methods available to consumers in Europe. Online retailers must keep pace with these changing payment preferences to ensure customer loyalty and increased sales. PayPal is expanding in Europe, enabling thousands of regional merchants to accept payments using their platform. Read on to learn PayPal’s offering to online shoppers.
Alternative payment methods are becoming increasingly popular in Europe. Merchants need to offer as many payment methods as possible to cater to customers’ needs. Security, flexibility, and convenience are the main factors driving this demand. E-wallets make online payments faster and simpler. Know more about them and how they work.