Agile Payment Strategies To Accelerate Ecommerce

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Presentation Description

Agile Payment Strategies to Accelerate E-commerce Growth The e-commerce channel has seen immense growth across global markets, and is now a major contributor to the overall retail sales and profits of organizations operating in a multi-channel commerce environment.

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Presentation Transcript

PowerPoint Presentation: 

Agile Payment Strategies to Accelerate E-commerce Growth An Enterprise Web Solutions Company

Agenda: 

Agenda Slide 2 Introduction to E-payment Why E-Payment Methods Various E-Payment Methods Strategies Trends

Introduction: 

Introduction Slide 3 Presence of digital goods has given rise to commerce applications, encouraging deployment of electronic payment systems Payment system provides a channel to transfer value between different parties Many variants like smart cards, credit cards, etc. have been introduced, which has facilitated use of online payment systems Principal steps of Online Payment Processing: Authorization Settlement

Why E-Payment Methods?: 

Why E-Payment Methods? Slide 4 Enable sellers to accept electronic payments Ensure privacy of customers Connect merchants, customers, and banks through secure online transactions Integrate with existing and evolving systems Make payment process simple and fast Help in instant purchasing

Online Payment Process : 

Online Payment Process Slide 5

Better Experience For Customers: 

Better Experience For Customers Slide 6 Customers can: Get better knowledge about products before actual trade Easily explore products and services for better prices Receive better customer service after purchase Enjoy an interactive buying experience

Traditional Payment Methods: 

Traditional Payment Methods Slide 7 Cash Personal Checks Money Orders Drafts Traditional Payment Methods

Online Payment Gateways: 

Online Payment Gateways Slide 8 E-payment systems have become familiar among consumers as technology and security has progressed through time, enabling them to purchase products or services online.

Various E-Payment Methods: 

Various E-Payment Methods Slide 9 Online payments allow transactions to be completed more rapidly as compared to traditional ones. Such payments allow purchase and payment of products or services anytime, anywhere.

Payment Related Terms: 

Payment Related Terms Slide 10

Strategies For International Commerce Channels : 

Strategies For International Commerce Channels Slide 11

Trends : 

Trends Slide 12 67% 19.3% 6.40% Retailers are migrating toward hosted payment pages that will help them avoid handling identifiable consumer information. Survey on online sales fraud - An Internet Retailer survey shows a drop in online frauds for 13% of web merchants. Source: Internet Retailer

Trends : 

Trends Slide 13 How can the retailers enhance shopping experience of their international customers? Respondents were asked to select major challenges in selling online overseas, and 41% chose customer service and returns. Source: Internet Retailer

PowerPoint Presentation: 

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