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Ecommerce Forum

    
Customers requesting for other payment methods
What are my alternatives?
Habtom




msg:641539
 11:15 am on Apr 27, 2005 (gmt 0)

I am looking for alternatives of payment for a significant percent of my customers.

What are the options I have got . . wire transfer?

Habtom

 

Corey Bryant




msg:641540
 12:49 pm on Apr 27, 2005 (gmt 0)

Where are you located?

-Corey

steve




msg:641541
 2:45 pm on Apr 27, 2005 (gmt 0)

Are your customers private individuals or businesses?

Whats the average order value?

grobe




msg:641542
 3:21 pm on Apr 27, 2005 (gmt 0)

What payment methods are you offering now?

Habtom




msg:641543
 6:27 pm on Apr 27, 2005 (gmt 0)


I am located in UAE - Dubai.

Customers are mostly individuals, and the average order value is around 50 USD. The current payment methods are only through payment cards.

Habtom

Pirate




msg:641544
 7:53 pm on Apr 27, 2005 (gmt 0)

If the shop in question is your gift shop with 2checkout-interface (credit card and wire transfer) there's not much to add. PayPal maybe.

otc_cmnn




msg:641545
 8:08 pm on Apr 27, 2005 (gmt 0)

Paypal, Hyperwallet, Neteller, Bill me Later, Firepay, Wire, Cheque, Money Order, Amex, Discover, Delta, Maestro, Switch, Solo.

These are of course in addition to Visa and MC.

The more the merrier, just don't confuse your users come check out time.

Did I miss any?

grobe




msg:641546
 1:44 am on Apr 29, 2005 (gmt 0)

Yes you did:
Cash.

EstoreSeeker




msg:641547
 5:08 pm on May 11, 2005 (gmt 0)

Just wanted to share some related information with you all;
"According to a recent study by CyberSource Corp., websites providing four or more payment methods other than credit cards have a sales conversion rate that's 12 percent higher than those offering just one payment option in addition to credit cards."

ESS.

Ecommerce works better if it involves reliability.

jsinger




msg:641548
 2:25 am on May 12, 2005 (gmt 0)

Keep it simple. As an online shopper, I run when I see a zillion payment options (I'm in the US, btw)

Simple test: how many payment options does Wal-Mart offer? They know something about retailing.

robotsdobetter




msg:641549
 3:23 am on May 12, 2005 (gmt 0)

Well, what type of payment methods are your customers requesting?

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