What Are the Benefits of Offering Multiple Payment Options?
1. Increased Conversion Rates: Customers are more likely to complete a purchase when their preferred payment method is available. 2. Reduced Cart Abandonment: Offering multiple payment options reduces the likelihood of customers abandoning their carts. 3. Broader Market Reach: Attracts a more diverse customer base, including international shoppers. 4. Enhanced Customer Trust: Multiple payment options can increase customer trust and security perception.