No Longer Alternative: The Rapidly Approaching Future of Local Payment Methods
RetailMinded
FEBRUARY 19, 2022
Half of US consumers value the speed of checkout most in choosing a payment method. Making the payment process frictionless could be a game-changer for many retailers, as the average rates of cart abandonment range between a whopping 60% and 80%. This Chinese shopper will likely not have an international branded credit card.
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