How to stay ahead in the new era of online payments

18 Oct 2023 | PayPal editorial staff

Your customers’ payment preferences are changing quickly. If you don’t keep pace, you risk losing out to those that meet their new expectations.

Payments are now more than just a button on your website. Business leaders today are leveraging their payment technology to accelerate growth and drive revenue.

Our new guide, Navigating a New Era of Payments, shows you how.
It’s packed with data and tips to help you meet changing demands.

Topics include:
 

  • The state of payments – did you know that global retail ecommerce sales will reach US $5.4 trillion by 2022?i Or that ecommerce fraud attempts have increased by 43% since 2019?ii

  • Unlock the full potential of mobile – Shopping on a mobile phone is now the norm, but what’s required to meet the needs of shoppers on small, portable screens?

  • Why speed matters – Slow load times and cumbersome checkouts are a killer for conversion rates and customer retention. Read how to improve your customers’ experience.

  • Cover fraud from all angles – Fraud is an expensive reality. Every dollar of revenue lost costs business an average of $3.30.iii Learn how to manage security while minimising friction.
i Statista (2021), Retail e-commerce sales worldwide from 2014 to 2024, https://www.statista.com/statistics/379046/worldwide-retail-e-commerce-sales/
ii LexisNexis (2020), 2020 True Cost of Fraud Study – E-Commerce/Retail Report, https://risk.lexisnexis.com/insights-resources/research/2020-true-cost-of-fraud-retail
iii LexisNexis (2020), 2020 True Cost of Fraud Study – E-Commerce/Retail Report, https://risk.lexisnexis.com/insights-resources/research/2020-true-cost-of-fraud-retail  
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