Setting up your mobile ecommerce payment processing system is one of the most important ways to drive conversions for your business. With so many consumers becoming mobile shoppers, mobile payment should feel quick and seamless without any interruptions that can damage the customer experience.
There are many different types of mobile payments available nowadays. For one, mobile credit card processors like Square or Stripe have made it easier for small businesses to run pop ups or participate in retail markets without investing in pricey hardware. Secondly, digital wallets have made it easy to tap-and-pay using near field communication (NFC) technology. Customers can complete a transaction by simply tapping their phone at a POS station and using Google Pay, Apple Pay, or Amazon Pay. There is no longer a need to carry around cash or scramble around for loose change.
Mobile ecommerce payment processing has also made it more convenient for shoppers to purchase directly on their phones or tablets. These online transactions can happen anywhere and at any time. Users can purchase at any point of the day from your online store making mobile the most convenient and flexible form of online payment.
With mobile sales predicted to reach $6.3 trillion worldwide by the end of 2023, you don’t want to ignore your online customer’s shopping habits.
Below I will walk you through a step by step guide on how to get mobile payment processing started so your online business so you don’t lose out on any opportunities and potential sales.
Here’s a guide on how to accept and process mobile electronic payments with ease.
1. Study your customer base habits and preferred payment methods
Let’s deep dive into your website and customer base first. Some questions you can start asking yourself would be how is your mobile experience currently? Take a look at your Google Analytics to see how mobile visitors are flowing through your online store and how many are actually…
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