ZEN.COM

Navigating the diverse landscape of ecommerce payment methods is crucial for merchants aiming to expand their reach in Europe. Let's take a closer look at the most popular payment methods in Poland, Estonia, Czech Republic, Germany, The Netherlands, Belgium and Portugal. 👇 Poland 💡 BLIK accounts for roughly 70% of all ecommerce transactions in Poland. 💡 15-18% market share for e-wallets with Google Pay and Apple Pay being the most popular. 💡 Despite the rise of digital methods, card payments still hold a significant share. Estonia 💡 Swedbank is the clear market leader, accounting for approximately 53-56% of online payments. 💡 Bank payments dominate: The most popular payment method for online shopping in Estonia is bank payment, with card payments also being common but less prevalent. 💡 Only about 3% of online payments in Estonia are made using card payments. Czech Republic 💡 Card payments are the most popular method, accounting for 58% of online transactions. 💡 Bank transfers account for approximately 33% of online transactions, including PayU and Paysara. 💡 Cash on delivery remains a significant payment method, chosen by 15% of online shoppers. Germany 💡 Digital wallets account for approximately 53% of online transactions. 💡 PayPal is consistently the most popular online payment method with a 27.7% market share (offered by 93% of online stores) 💡 Giropay accounts for approximately 20% of digital payments. Netherlands 💡 iDEAL: holds a 70% market share making it essential for ecommerce stores targeting the Dutch market 💡 Credit Cards: Less common compared to other markets, but still in use. 💡 PayPal: Used but not as dominant as in other countries. Belgium 💡 Bancontact is the most dominant payment method in Belgium, holding an impressive 80% market share of payment card schemes. 💡 Digital wallets account for about 15% of online transactions. PayPal and the other ones are popular but not as dominant as Bancontact. 💡 Belgians use mobile devices to make almost 40% of their online purchases, reflecting a significant shift towards mobile commerce. Portugal 💡 Multibanco is the most popular payment method, with a market share of approximately 69% in the ecommerce sector. 💡 Multibanco is used by about 70-80% of the Portuguese population, reflecting its significant penetration and trust among consumers 💡 Digital Wallets account for about 34% of online transactions. PayPal is popular, but the local MB WAY (associated with Multibanco) is emerging as a mobile payments leader. Understanding these preferences will help you tailor your payment options to meet local demands. Select carefully, enhance customer satisfaction and boost your sales. #Ecommerce #PaymentMethods #DigitalPayments #BusinessGrowth #ZENbusiness

Despite ever-increasing security measures designed to combat it, payment fraud is expected to continue to grow. As a result, it’s essential that merchants know what to look out for and how to implement safety measures to protect their business and customers’ sensitive information from such fraud types. Let's look into some popular ones: ☑️ Phishing ☑️ Chargeback fraud ☑️ Card-not-present fraud ☑️ Business email compromise ☑️ Clean fraud ☑️ Triangulation ☑️ Merchant identity fraud ➕ How to prevent them! Let us know what's your experience and how you handle this. #FraudPrevention #SecureTransactions

We're looking for a Senior Payments and Banking Partnership Manager focused on Singapore and ASEAN markets to join our team. We are launching intensive activities in Singapore and the entire ASEAN region. If you're passionate about innovation in financial services and have a proven track record in global payments and banking partnerships, we want to hear from you! ● Role Overview: As a Senior Payments and Banking Partnership Manager, you'll establish and nurture strategic relationships with global payments and banking partners. Your work will drive collaboration, expand our fintech services, and foster mutually beneficial partnerships 🤝 ● Location: Singapore, Hong Kong, Malaysia, Thailand, Indonesia – Flexible/Remote options available 🌏 Apply here and be a key player in the future of fintech at ZEN.COM https://lnkd.in/ddGN_USG #Fintech #Hiring #SingaporeJobs #ASEANJobs #BankingPartnerships #Innovation #Payments

We're proud to announce that ZEN.COM has achieved the 2nd position in turnover among the largest Electronic Money Institutions (EMIs), according to the Bank of Lithuania's overview – all within just three years! 🎉💼📈   In a dynamic industry, ZEN.COM prioritizes customers, delivering top-notch fintech services and products. This achievement underscores our steadfast dedication to excellence in financial management and shopping experiences.   A big THANK YOU to our amazing #ZENteam, loyal customers, and every partner on our journey. Your trust keeps us moving forward, and we're excited for what's next.   Read more: https://lnkd.in/dMGP9aMX #ZENCOM #StayZEN #Payments #Fintech #Lithuania

ZEN.COM will be attending Emerging Payments Association Asia at Home Hong Kong Roundtable & Networking event! 🎉   Robert P. Soden, ZEN.COM’s Hong Kong Director is delighted to attend and meet payments industry leaders. This is a great chance to foster valuable connections, exchange insights, and stay updated on emerging trends and opportunities.   Emerging Payments Association Asia (EPAA) focuses on advocacy for payments policy to bring the region together and improve lives through payments. They achieve this with targeted events, critical industry projects, and advocacy activities. Their mission is to collaborate, innovate, and be a unified voice for the payments industry, with a vision to improve the lives of everyone.   We look forward to connecting with influential, passionate payments people. See you there!   #ZENCOM #Payments #Networking #Fintech #HongKong

❤️ Let's Support Ola! ❤️   At ZEN.COM, we believe in supporting each other, and today we have a special request. One of our developer's daughters, little Ola, is fighting against a rare disease called pineoblastoma. After a tough year of treatments, she faces a crucial scan in July to see if the cancer is in remission.   Ola needs to continue therapy with an experimental immunotherapy in Cologne, Germany. Unfortunately, this treatment isn’t covered by insurance, and the costs are huge.   We're reaching out to our community for help. Any donation, no matter the amount, can make a big difference in Ola's life. We believe in the power of community support and know that together, we can help give Ola more precious moments with her family.   🙏 Please consider supporting Ola. Every contribution counts.   ➡️ https://lnkd.in/dkdXu76f   Thank you for any support, shares, and kind words. Together, we are a strong family at ZEN.COM that can make a real difference.   #SupportOla #ZENCommunity

Dzień dobry, kilka miesięcy temu prosiłem was o pomoc dla mojej córeczki Oli wówczas pilnie potrzebowała krwi i jej składowych dziś proszę was jeszcze raz o pomoc, obecnie Ola kończy bardzo długie leczenie jeśli udało się nam uzyskać pełną remisję wówczas biorąc pod uwagę rzadkość oraz złośliwość nowotworu nasza jedyna szansa na utrzymanie tego stanu będzie eksperymentalna terapia w Niemczech która oczywiście refundowana nie jest stad moja okropna prośba o wsparcie i udostępnianie: https://lnkd.in/gRE7ZSKd

ZEN.COM participated in "Bitcoin Asia 2024," the inaugural Asian edition of The Bitcoin Conference, held at the Kai Tak Cruise Terminal in Hong Kong 🌐📊 The Hong Kong event marked a significant expansion into Asia, drawing over 10,000 participants on its first day. This provided ZEN.COM with an excellent platform to network and establish valuable connections within the ASEAN region. Robert P. Soden from the ZEN.COM team was present, enhancing the company's networking opportunities. Special shout-outs to Henrique Centieiro from Hashkey Capital and Ivan V. Ivanov, the CEO and Co-Organizer of the World of Web3 Summit, who were also met at the event. #ZENCOM #ZENteam #BitCoinAsia #ASEAN #HongKong #payments #fintech

Join us at Impact CEE 2024 on May 15-16 in Poznań! 🚀 Impact CEE brings together leaders at the forefront of innovation from various sectors to explore opportunities for creating a global digital future. Dive into a variety of tracks including Industry 4.0, 5G, IoE, Fintech, Biotechnology & Digital Health, Transportation, Energy & Environment, Science to Business, Investments, and Entrepreneurship. 🤝 Network with a diverse range of professionals, from tech innovators to industry experts, including Łukasz Kleszczyński, Head of Operations, Bartłomiej Woźnica, Head of Product Development, Marcin Workowski, Business Owner, Błażej Bell 🔔, New Business Manager and Jarosław Handke, Enterprise Sales Manager from the ZEN.COM team. Engage in insightful discussions, discover innovative technologies, and explore strategies that are shaping the future. 📨 Have questions? Contact our team directly. We’re eager to connect with you! 📅 Dates: May 15-16, 2024 📍 Location: Poznań #ImpactCEE #Fintech #Payments #Banking #Poznan #Innovation

Join us at PulseCore Events: Digital Banking Summit 2024 in Amsterdam, May 13-16! 💫 Pulscore: Digital Banking Summit 2024 is a key event for the banking industry, highlighting digital transformation strategies. Attend to network with leaders and learn how to advance your bank's digital journey. 🤝 Connect with a wide range of professionals, from tech innovators to financial experts, including Dawid Rozek, Founder, Marek Wasielewski, Head of Payments, and Slava Skorbezh, Head of Support from the ZEN.COM Team. Explore how digital advancements are transforming the banking sector and discover new technologies and strategies. 📧 Want to chat? Write directly to our team. We can't wait to meet you! 📍 Location: Amsterdam 📅 Dates: May 13-16, 2024 #DigitalBankingSummit #Pulscore #Fintech #Payments #Banking #Amsterdam #Innovation