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Hidden fees and limited payment options have often been a large hurdle which has hindered the amount of credit payments being made to small businesses. Firms using the business platform, Xero can now add ‘buy now pay later’ (BNPL) to their offering as it partners with Klarna , the AI-powered global paymentsnetwork.
As e-commerce, travel and FinTech businesses seek to reduce time-to-market and time-to-revenue, as well as offer their customers the best possible payment experiences, Ecommpay’s proprietary full stack payments platform is set up to meet their goals. She also sits on the Advisory Board of the FinTech B2B Marketing Community.
Consumer Preferences Credit cards maintain their dominance as the preferred online paymentmethod, accounting for approximately 40% of all e-commerce transactions. Alternativepaymentmethods, including digital wallets (25%), buy now, pay later (BNPL) options (10%), and debit cards (15%), are rapidly gaining traction.
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