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4 Reasons to Offer Multiple Ecommerce Payment Options

ESW

For instance, Gen Z and Millennials prefer alternative options like mobile wallets, while Gen X and older tend to opt for payment systems like credit and debit cards. Statista findings show global digital payment gateway transactions will reach $14 trillion by 2027. Cryptocurrencies. Buy Now, Pay Later (BNPL).

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ecommerce in Nigeria – tips for success

Payoneer

With a compound annual growth rate of 11.3% (2023-2027), the market is expected to reach a volume of US$11,707 million by 2027. billion in 2023, with a projected annual growth rate of 6.33% (CAGR 2023-2027). Nigeria’s ecommerce economy has grown due to increased internet access and mobile phone ownership.

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15 ecommerce statistics every entrepreneur must know

Omnisend

Similarly, mobile commerce is on the rise, with more and more consumers using their smartphones and tablets to make purchases. In fact, three-quarters of all ecommerce traffic now comes from mobile devices! This trend is only set to continue, so it’s crucial that you make sure your website is mobile-friendly. What’s more?