PYMNTS-MonitorEdge-May-2024

CART ABANDONMENT

Local Payment Methods Lower APAC Cart Abandonment by 32%
Local Payment Methods Lower APAC Cart Abandonment by 32%
June 21, 2023  |  eCommerce

The Asia-Pacific (APAC) region is poised to become a key area of expansion for U.S. and U.K. merchants over the course of the next few...

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Payments Orchestration Lets Aggregators Add More Value
Payments Orchestration Lets Aggregators Add More Value
April 28, 2023  |  Digital Payments

Merchant aggregators and marketplaces looking to compete globally must be able to support a broad range of merchant customers’ payment service provider relationships both swiftly...

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From Payments Choice to Gateway Preference: Payments Orchestration 2.0 Helps Global Platforms Grow Sales
From Payments Choice to Gateway Preference: Payments Orchestration 2.0 Helps Global Platforms Grow Sales
April 27, 2023  |  Digital Payments

With the rise of eCommerce bringing more retailers than shoppers could ever exhaust, consumer-facing businesses of all types fear cart abandonment above nearly everything else....

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The Inside Take on Streamlining Checkout for a Frictionless Experience
The Inside Take on Streamlining Checkout for a Frictionless Experience
March 06, 2023  |  Buy Now Pay Later

The challenge for online merchants everywhere is giving consumers many ways to pay without making the checkout page look like a NASCAR race car —...

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J.D. Power Debuts Ordering Tool to Reduce Online Car-Buying Friction
J.D. Power Debuts Ordering Tool to Reduce Online Car-Buying Friction
January 24, 2023  |  eCommerce

J.D. Power has unveiled an ordering tool to prevent cart abandonment during car shopping. The consumer insights and analytics firm said in a news release Tuesday (Jan. 24)...

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Western Merchants Deeply Lacking Knowledge About APAC Payments
Western Merchants Deeply Lacking Knowledge About APAC Payments
December 01, 2022  |  Cross Border Commerce

Local FinTech wallets are a key part of the Asia-Pacific (APAC) eCommerce ecosystem. Whether Alipay in China, Paytm in India, Kakao Pay in South Korea...

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Data Brief: 52% Shopping Carts Originating in APAC Get Abandoned
Data Brief: 52% Shopping Carts Originating in APAC Get Abandoned
September 26, 2022  |  Payment Methods

With roughly 4.3 billion people living in the Asia-Pacific (APAC) region, stretching across more than a dozen countries, and with internet connectivity growing by leaps...

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Study: APAC Cart Abandonment Rises 32% Absent Localized Payment Methods
Study: APAC Cart Abandonment Rises 32% Absent Localized Payment Methods
September 13, 2022  |  Retail

At a time when cross-border sales are increasingly being targeted as a key growth opportunity for online merchants, new cart abandonment statistics show that expanding...

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70% of Western Global Merchants See Payments Localization Cutting APAC Cart Abandonment in Half
70% of Western Global Merchants See Payments Localization Cutting APAC Cart Abandonment in Half
August 31, 2022  |  Cross Border Commerce

The Asia Pacific (APAC) region is key to the international growth strategies of countless eCommerce merchants across the United States, the United Kingdom and Canada....

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