Automatic recurring payment is – not only in my opinion – one of the best features of online payments. (Marketers like to use the term holy grail of SaaS.) It is a powerful tool indeed – both for the clients and the merchants.
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There is only one way to learn which payment methods you should have in your online tool.
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Oh man, I have such great news for you today. I’m so so proud to announce that right now (yeah, even now) we are able to help you with improving your sales in Europe.
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Famously, nodding your head in Bulgaria means “no”, while shaking means “yes”. Well, one man’s meat is another man’s poison. But there are different patterns in the ways people pay online as well – make sure you are ready to handle all of them!
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When you’re planning to open up an online store, sooner or later you will have to decide on a payment solution. This doesn’t just mean choosing payment methods to help your business grow by letting various customers from all over the world buy, but it also means choosing the right way to integrate.
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Every web business that’s seriously thinking about the global market, should consider accepting payments using most well-known global payment methods. If you want to sell around the globe, let me introduce you to a list of absolutely must-have payment methods.
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So you have decided to start your own online store. Excellent choice. But do you know what type of e-commerce platform to pick? From open source (OS) to dedicated platforms to Software as a Service (SaaS), there is indeed a variety of options to choose from. What is the best solution in your case?
Let’s go through the mentioned options with their pros and cons.
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What has happened today?
Today (May 21, 2013) Google has announced that they are closing Google Checkout (it will be retired on November 20th, 2013). It came as quite a shock for many merchants, who used to use this payment option. Before I start to comment on that move let’s talk about the history of this product.
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It is a good slogan not only for social activity but also for running online business. If you’d like your brand to spread around the world think how it works in particular markets. Popularity in many regions can finally bring you closer to global success.
Some products can be universal for every user. Think about computer accessories, music streaming services or electronics. But many businesses have to target their solutions to particular markets. For example e-book stores need to offer books in a local language, written by local authors. File sharing services have to abide by the local law, clothes stores adapt to the local climate etc. This means they understand and meet their clients’ needs. If you know what your users want you are all set. You just need to use this knowledge wisely.
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One of the most popular payment methods in some countries (such as German-speaking regions) is direct debit. Let’s compare this payment method to credit card payments…
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