Get Involved
TOPIC: EUROPEAN PAYMENT SYSTEMS AND POPULAR PAYMENT METHO
#1536
1 year 3 months ago
EUROPEAN PAYMENT SYSTEMS AND POPULAR PAYMENT METHO
It is safe to say that Europe is one of the most mature regions in the e-commerce market. The euro is used as the national currency in 19 of the 28 EU member states, and SEPA (Single Euro Payments Area) has become the pan-European method for transferring funds.
While debit and credit cards are the preferred payment method in most European countries, the EU market continues to be very diverse in terms of local, alternative payment methods (payment systems): ELV, Sofort and GiroPay in Germany, iDEAL in the Benelux and etc. Payment methods in various parts of the region constitute a complex set of payment methods that are worth exploring before a business actively enters a new region.
While debit and credit cards are the preferred payment method in most European countries, the EU market continues to be very diverse in terms of local, alternative payment methods (payment systems): ELV, Sofort and GiroPay in Germany, iDEAL in the Benelux and etc. Payment methods in various parts of the region constitute a complex set of payment methods that are worth exploring before a business actively enters a new region.
#1537
1 year 3 months ago
EUROPEAN PAYMENT SYSTEMS AND POPULAR PAYMENT METHO
Hello, in order to increase the number of sales in the online store or on the website of the service, you can use the "payment in installments" method. So people who do not have the full amount at the time of the decision will be able to buy. There are services that allow you to pay in several visits. In this case, the business receives the entire amount of the product or service, only the commission for accepting the online payment is charged. But this requires a specialized payment system. As an option, I suggest you consider the pay admit payment system, which provides all the necessary functions and various online payment methods.