Having to rush here and there really took a lot of everything. And hey, 2017 is too short for that! With the fast-paced growth and expansion, online shopping industry has been improving to provide accessibility and convenience at its best.
In the same time, secure payment processor is designed to be widely used to cater all necessities, especially for the online user’s experience. Specifically in 2012, World Economic Forum reported that many business players have started to employ the e-commerce platforms into their business.
Moreover, one of the leading industry with the e-commerce platform is definitely none other than the fashion industry. Online fashion industry has surely grown the attention from shoppers all over the world regardless of age, race and gender.
With many fashion retailers going around online and offline, it would be tough to stay on top. Thus, the pros of implementing online payment processor below might help to enlighten you on why you need it and how it will help you.
More payment options to choose from
Every payment gateway provider produces a lot of convenient payment methods for your customers to choose from. With more options, your company sales target can be achieved easily. This is due to the fact that you have successfully provided them with the payment option that they prefer.
Also Read: Adsense highest paying alternative for your blogTherefore, the secure payment portal will slay your customers’ expectation to having a wonderful shopping experience ahead. And for sure, they will come again for the next purchase.
No more excuses from the late payers
Do you think they pay late for no reason? Absolutely no. Fashion community will never let any hot items to fall into anyone else’s hands until they have it. Since they have to memorize your account number, the name of your company, drive to the nearest bank and queue to pay, it is much of a hassle to them.
However, have you thought that it will be much easier if you have the electronic system to give and receive payment at the same time? This is what payment gateway is made up for.
Your customers can make their payment anytime and anywhere through the payment gateway. The online banking sites which connected to your customers’ bank accounts are operated for 24-hours. Therefore, it able to facilitate your company to receive the payment in a real-time setting. Everything will be recorded automatically without requiring you to check back and forth. With this, your products can be sold only few minutes after your customers decided to buy.
Secure and instant money gainer
Your customers can never forecast bad luck. That is why they have to make sure whether they have transferred their money to the right channel every time they make a purchase and ask you the same questions over and over again. Your customers’ data have to be protected and that’s how you can earn the trustworthy title because security has always been the major concern for everyone. By implementing a PCI-compliant payment processor, your customers will be safe from any information theft, scams and frauds.
Also Read: Malaysia Online Payment Methods for Consumers and MerchantsWithout having to move around, your customers can give you profit with only one click. After that, the payment notification will be sent instantly to you and your customers via preferred medium such as e-mail. Then, both parties will not have to worry about any transaction failures.
Able to approach global purchasers
In addition, most online payment solution has gone global and provide multi-currency processor. It is an opportunity for the local fashion industry to spread its wings to challenge at the global level. Most payment processor supports more than 170 currencies.
The currencies include MYR, USD, EURO, CNY, IDR, PHP, SGD, VND, THB and AUD. With this feature, you can reach more international buyers within 24-hours without the need to travel and eventually make your brand known to everyone.
Also Read: Signs of E-Commerce in 2017 in ASEAN LensReach all customers regardless of age
Undoubtedly, fashion is now a necessity and social influence these days can hit you really hard. Realizing how fun it is to come across different trends every day, try to imagine those who cannot have those fashionable items due to some unavoidable restrictions. Now, it is your opportunity to tackle them by choosing the right payment portal. Unexpectedly, there are more than 50% people who prefer using cash on their daily basis.
Queuing at the ATM can take a lot of time and not everyone has their own bank accounts. Have you ever heard of “
Buy online, pay offline”? These days anyone can make their payment by cash at the nearest convenience store such as 7-Eleven. Undeniably, there are still few payment gateways that can support this method, and one of them is MOLPay (
MOLPay CASH).
In conclusion
Aside from fashion industry, online payment portal has widely served other industries such as entertainment, education and travel. Always remember that shopping is much easier when you don’t have to recheck whether the account number that you’ve entered is right or wrong.
With the automated processor, every transaction has at least 99.9% possibility to be successful. Hence, choosing the right payment portal with seamless integration and multiple options will really help your customers to have a worry less shopping experience!
| About the Guest Author:
Azma Farhana Baharin is an intern writer for a marketing department in a B2B company.