THE BEST PAYMENT OPTION HELPS YOU TURN PROSPECTS INTO CUSTOMERS.
PREFERRED PAYMENT METHODS IN COUNTRIES AROUND THE WORLD
People come from various parts of the globe, have distinctive ideologies and thus have diverse payment methods. So, Considering all aspects and specifications, here, we provide you with the insight of the online payment method based on country-wise preferences. Some countries prefer card payments, others prefer alternative payment methods.
Note that your payment options determine if a prospect becomes a customer.
United States of America
(Nordea, SEPA), Pay with eWallets (Stripe) are common and popular payment modes in Sweden.
For an online marketer, it is of high importance to propose the right set of online payment methods to be able to turn leads into closing customers. Every country has its own precise online payment practices, cultural inclinations and payment solutions.
WHICH PAYMENT METHODS TO SUPPORT PER COUNTRY?
This section covers insight in online payment decisions for specific countries.
It takes into account the market characteristics like mobile commerce trends,
online retail sales and top online payment methods..
Herein, we have included which payment providers conduct business locally and support online merchants
for acceptance of local payment methods, in order to make your lives easier.
'MARKET INSIGHT IS THE KEY TO BEST PAYMENT SOLUTION
It is important to know your markets you are active in, or that are on your list for future expansion. Try to offer the right payment option by not missing out on selling your goods and attracting new customers.
Some of the key factors that should be taken into consideration includes - market size and growth potential, the total online (retail) sales and internet access rates.
NUMEROUS PAYMENT PROVIDERS PER COUNTRY
This section contain information on the Payment Gateways, Payment Service Providers, and Acquirers who are active in that particular market. PSPs and Gateways provide the technical hub.
Acquirers pays the merchants via PSP or Payment Gateway
They route transactions, collect funds from and negotiate transaction pricing with Merchant Acquirer, depending on the payment provider type.