Welcome to Next-Gen eCommerce
Customers now expect various payment options, putting pressure on businesses to implement new systems that can be complex to integrate. While there is still a strong dependence on debit and credit cards around the world, digital and mobile wallets are a popular alternative payment method, but both of these methods are heavily intermediated and costly.
Numerous retailers have started using open banking retail payments as it offers a win-win for merchants and their customers. They can lower costs, reduce fraud and increase conversions, while offering tailored products and services to suit their customers specific needs. Through tailored offerings, corporates can ensure enhanced client relationships and thereby sustained revenue.
Join ePay and discuss open banking and the emergence of new payment methods, as well as technology that benefits sellers and shoppers and improves the eCommerce payment process.