The average order value increases 55% after adding the option to pay with a mobile wallet, according to BlueSnap.
Retailers can’t get paid if their payment processing doesn’t work. And if a transaction proves fraudulent, a retailer not only loses the value of the sale and the merchandise, but also risks losing the loyalty of a customer who was billed incorrectly for the purchase.
Here’s a look at the essential components of payment processing that every online business should consider—no matter their size— in order to provide both a positive customer experience and to successfully collect payment. This report is driven from interviews with executives from leading payment processor and fraud prevention solutions at the Payments and Fraud 360 World Tour.
This report provides insights on:
- The rise of the mobile industry
- Checkout page optimization
- Post-transaction analysis
- The next wave of online fraud