Anyone looking to be successful in eCommerce must listen to their customers. Studies show that shopping cart abandonment can be avoided when customers can choose their favourite payment method. Current statistical data by Statista shows that payment methods like PayPal payment against invoice are among the top choices for online customers in Germany.
Retailers relying on just one or two payment methods lose potential customers and therefore sales. Plus: Favourite payment types can vary significantly depending on the country.
While Germans prefer paying against invoice, PayPal, direct debit or SEPA transfer, Belgians pay mostly by credit card or debit card and the Dutch primarily rely on iDEAL. The list of country-specific payment procedures is long. heidelpay Group helps their retailers to find the right mix of payment methods and also offers exotic options.
Anyone wanting to be a successful online retailer in Germany will not be able to get around offering their customers a payment against invoice option. Many retailers shy away from that ption as they – quite rightly – fear debt default. heidelpay Group is an independent provider of proprietary payment methods, offering online retailers all standard procedures for eCommerce, which can be safeguarded with relevant debt default insurances on request. In addition to a comprehensive credit check, the reassured white label paylater and white label instalment solutions include a payment guarantee. The full invoice amounts of outstanding claims are taken over by UNIVERSUM Group, another member of the heidelpay Group.
Customers of heidelpay Group can handle customer payments anywhere in the world safely and easily. As an all-in-one payment partner, heidelpay handles not only acquiring and processing, but also collecting. The funds from all individual transactions are transferred to the escrow accounts of the group and then paid out to the customers in batch payments. The resulting synergy effects are passed on to the customers, which allows them to benefit from significant cost reductions for payment management. heidelpay makes the heidelpay Intelligence Platform (hIP) available to its customers to allow them to keep an eye on their payments. The Reports & Analysis tool offers complete anytime overviews of running and completed transactions.
You would like to learn more about heidelpay Group solutions?
Please contact the heidelpay Group companies heidelpay/mPAY24 for more information and competent, expert advice.