Payment processing is one of the most crucial aspects of running an eCommerce marketplace. When you’re starting an online mall like Amazon or eBay, make sure you can offer the most convenient payment methods for your customers.
It’s important to keep in mind that the payment method’s popularity greatly depends on the country you’re selling in. You can easily lose customers at checkout if they don’t trust or don’t like your payment methods.
The CS-Cart team has put together the following infographic that takes a look at some eCommerce payment statistics.
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Co-founder and Vice President of SearchRank, responsible for many of the day to day operations of the company. She is also founder of The Arizona Builders’ Zone, a construction / home improvement portal.