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4 Reasons to Offer Multiple Ecommerce Payment Options

ESW

Improved Conversion Rates DTC ecommerce channels can see conversion rates increase by 30% simply by providing a variety of payment methods. This amounts to a significant improvement in customer loyalty and retention that can boost sales figures and profit margins. 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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Point of Sale Features for Multichannel Retailers: Key Features To Consider

Korona

Plus, with inventory management being a typical challenge for retail businesses, a cloud-based POS system can significantly help enterprises reduce human error and improve inventory management through automation. Mobile POS More than 40% of businesses use a mobile POS system, 79% of which are small and medium-sized businesses.