Have you ever filled your online cart with items only to abandon it at the last minute? We all did – the average rate of this phenomenon, known as cart abandonment, is 69,99%. But what causes customers to do it, and how can businesses fight this issue? In this article, we’ll look at one of […]
In an attempt to gain the favour and loyalty of customers, businesses are coming up with more and more new solutions. Among the fruits of these efforts is Pay-by-Bank – an innovative alternative to traditional payment methods. This technology, which promises speed, security and convenience, has already gained a lot of popularity. However, like any […]
In 2023, we at Payop worked on setting up internal processes and expanding our team. A significant part of these efforts was to reorganise and strengthen our account management department. Now, each merchant has a dedicated account manager working under the guidance of Team Lead Iryna Pikhotska. In this short interview, Iryna explains how the […]
The market is full of companies providing financial services. They offer various features, local and international payment methods, and tools to manage your funds and analyse your income and expenses. You can easily read about all this on their websites. However, the topic of fintech services fees is not so readily addressed. In this article, […]
With the introduction of a lockdown in most countries and the transition to a remote format of existence, many people have to master alternative options for familiar things. For example, e-commerce. According to Adobe Analytics, in the first quarter of 2021 alone, global e-commerce sales growth increased 38% over the same period in 2020. What […]
Do you pay enough attention to chargebacks and know precisely what an acceptable chargeback ratio is? Do you know how to calculate the chargeback ratio? Answering these questions is very important because an increase in this number of payments will negatively impact your entire business and bottom line. In this article, we will talk about […]
What is a high-risk business? What is a high risk payment gateway? How does the payment gateway work? Criteria for choosing a high risk payment gateway Top 10 PayPal alternatives for high risk business in 2021 PayOp; Authorize.net; SOAR payments; Instabill; Totalprocessing; Leap Payments; PaymentCloud; Quadrapay; Cardinity; CCBill. The bottom line. The world economy has […]
The modern payment services market is influenced by many legislative and regulatory acts. However, the biggest influence is exerted by the EU Payment Services Directive PSD2. What is PSD2 and why does it have such an impact on all financial market participants? What is the PSD2 regulation and why is it needed? You will get […]