PYMNTS-MonitorEdge-May-2024

CART ABANDONMENT

70% of Shoppers Say Payment Options Influence Where They Shop Online
70% of Shoppers Say Payment Options Influence Where They Shop Online
October 09, 2024  |  Payment Methods

Retailers continue to grapple with shopping cart abandonment. A February report by PYMNTS Intelligence and Adobe reveals insights that could help online merchants boost conversion...

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Only 22% of US Consumers Prefer Payment Options on Brand Websites
Only 22% of US Consumers Prefer Payment Options on Brand Websites
June 04, 2024  |  eCommerce

Cart abandonment — when online shoppers select items with the apparent intention to buy, only to leave those items sitting in digital limbo — happens...

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Brand Sites Suffer as Consumers Browse but Do Not Buy
Brand Sites Suffer as Consumers Browse but Do Not Buy
April 12, 2024  |  eCommerce

Consumers make many choices when shopping, and perhaps no decision is more important than whether to complete a purchase. But in the world of eCommerce,...

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Skipify and Synchrony Team on Frictionless Checkouts
Skipify and Synchrony Team on Frictionless Checkouts
March 13, 2024  |  Faster Payments

Checkout-centric FinTech Skipify has launched a partnership with consumer finance company Synchrony. The collaboration, announced Wednesday (March 13), “leverages Skipify’s payment infrastructure to provide simplified and enhanced checkout for...

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Lack of Payments Choice Risks Higher Cart Abandonment on Online Brand Sites
Lack of Payments Choice Risks Higher Cart Abandonment on Online Brand Sites
February 29, 2024  |  eCommerce

Cart abandonment, a key element of increasing online conversion, poses a significant challenge for online marketplaces, retailer and brand sites. This issue is increasingly worrisome...

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sticky.io and FlexCharge Partner on eCommerce Payment Decline
sticky.io and FlexCharge Partner on eCommerce Payment Decline
October 17, 2023  |  Retail

Subscription management and recurring billing provider sticky.io has partnered with payment decline management firm FlexCharge. This collaboration, announced Tuesday (Oct. 17), aims to address the issue of cart...

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Global Merchants See Sales Boost With Modern Cross-Border Payments Infrastructure
Global Merchants See Sales Boost With Modern Cross-Border Payments Infrastructure
September 29, 2023  |  eCommerce

The pandemic era ushered in many favorable trends for global eCommerce businesses, but times have changed, says Pranav Sood, EMEA executive GM at payments firm...

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PayU India Rolls out Tools for Merchants
PayU India Rolls out Tools for Merchants
September 05, 2023  |  B2B Payments

PayU India has introduced new tools to help businesses address various payment challenges. The online payments company’s CommercePro stack, announced Tuesday (Sept. 5), is designed to help merchants...

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American Express Teams With Skipify on Frictionless Checkout
American Express Teams With Skipify on Frictionless Checkout
August 01, 2023  |  Partnerships

Frictionless commerce firm Skipify has launched a partnership with American Express to streamline checkouts. The collaboration, announced in a Tuesday (Aug. 1) press release, lets American Express (Amex) customers link their...

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