Saturday, January 19, 2019

How Online Payment Options Boost Sales


In 2005, accomplished financial services executive Andy Khawaja founded the digital payment company Allied Wallet, which now operates in more than 190 countries and handles transactions in over 160 currencies. In line with Andy Khawaja‘s vision of expanding payment options for consumers around the world, Allied Wallet enables more than 150 million users to make secure purchases using their preferred payment options.

While many consumers are interested in purchasing products online, some buyers are wary of sharing their credit card details and may prefer to use a third party, such as PayPal. Web stores that accept only credit cards will lose sales with this customer base.

Multiple payment options are also beneficial for selling in an international market. Successful e-commerce sites must consider the obstacles faced by people from other countries when they try to complete orders. By offering an international payment gateway platform, web shops can allow customers to pay in their own currency.