Everything You Need to Know About WooCommerce Payment Gateways
SellBrite
AUGUST 17, 2021
The average rate of cart abandonment among shoppers is 69.8%, and of the reasons given, 6 out of 10 are related to payments, according to Baymard Institute. Think of payment gateways like the checkout stand in a physical store. After verifying the buyer’s details, the payment gateway sends the purchase request to the issuer.
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