Get a Competitive Edge with Alternate Payment Methods

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• Get a Competitive Edge with Alternate Payment
  Methods

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• There Are A Number Of Ways In Which Offering
  Alternative Payment Methods Can Help An Online
  Business Stay Ahead Of Competitors.

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• 1. Let The Customer Choose
• Based On Geography, Region, Industry, Age Group,
  And Device I.E. Smartphone, Tablet Or Laptop Used
  To Make The Purchase, The Customer May Prefer One
  Or Another Payment Option.

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• 2. Adapt To Local Tastes
• A Payment Solutions Company With A Global Network
  Can Provide Valuable Insight About The Most
  Commonly Used Payment Option Overall As Well As
  Within A Specific Area.

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• 3. Fraud Risk Evaluation
• Taking Payments Online Through A Mobile Device
  Has Made Conducting Business Rather Easy. You Can
  Conduct Complex Accounting Tasks Such As Managing
  Customer Accounts, Sending Invoices Etc. Through
  Your Mobile Device, Anywhere And Anytime.

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• 4. Customer Recognition
• Customized Payment Options Can Be Given To A
  Customer Based On Past Purchase Trends Like
  Value, Frequency, And The Use Of A Particular
  Payment Mode.

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• Multi-currency Support
• It Is Best To Opt For Online Payment Platforms
  That Support Multiple Currencies Or Provide An
  Accurate Currency Conversion Option.

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• 6. Secure Payment Processing
• It Is Vital To Provide Secure Payment Solutions.
  Only Then Would The Customer Be Willing To Save
  Confidential Details Of Payment Modes On The
  E-commerce Website. Some Modes Like EMV Chips Can
  Negate Any Scope For Credit Card Fraud.

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• 7. Enhance Value
• One Can Also Offer Frequent Customers The Option
  To Pay With Reward Points Or Loyalty Cards.

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• A Plethora Of Payment Methods Are Available
  Today. One Needs To Find The Right Payment Mix
  That Works Best For The Unique Needs Of Each
  Business Segment And Customer Profile.

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Thank You !Would Love to Hear From You
PayTabs Office No. 3505, Concord Tower, Dubai
Media City City Dubai Country United Arab
Emirates Email paytabsuae_at_paytabs.com Phone
971 4 557 8920 Mobile [phone]
Website https//www.paytabs.com/en/ More
about- Competitive Edge with Alternate Payment
Methods