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Are you aware that amidst the bustling world of e-commerce, a staggering 10% of potential sales are lost to declined transactions? Yes, you read that correctly. While many are quick to blame cart abandonment or other checkout hurdles, the truth is that declined checkouts are silently chipping away at your revenue stream. In a recent eye-opening blog post, we delved deep into this often-overlooked issue. Discover why a significant portion of your checkout deals are falling through the cracks and how it's impacting your bottom line. But wait, there's more to this story. Did you know that many of these declines are actually false alarms? ⏰ That's right, your potential customers might be getting turned away for no valid reason, leaving both parties frustrated and revenue on the table.  Curious to learn more about this hidden menace and how you can combat it? Dive into our must-read blog post to uncover the secrets behind declined transactions and reclaim lost revenue>> #ecommerce #RevenueGrowth #CardDeclines #BounceUp #growth #revenue #topline #checkout

$71B in 12 months combined spend by an average impulse buyer on products from social media 🛍 It is not surprising that eCommerce stores can spend up to 30% of their revenue on their marketing spend. As an impulse buyer myself, this figure didn't completely shock me but did lead me to delete my instagram app for the foreseeable future... Airwallex has just launched a white paper with Edgar, Dunn & Company called Cross-border eCommerce: Key trends & strategies for global success. Some key takeaways: 💱 93% of consumers prefer to pay in their local currency 🛒 77% of consumers are likely to abandon their cart if preferred payment method is not available. 💳 26% of consumers prefer to pay via digital wallets such as Apple / Google Pay If you want to talk eCommerce, payments, how to reduce our spending habits - drop me a message 😎

The shift from brick-and-mortar stores to social media is both a threat and an opportunity for merchants. To keep up, businesses must learn to adjust quickly to the exploding world of social commerce. Innovative merchants are turning to third-party token vaults to ensure they have control over their transactions. By partnering with Basis Theory, merchants can secure customer data and reduce the risk and cost of remaining PCI-compliant!

Open Network For Digital Commerce (ONDC) adoption is growing . In 2024 we will see two major trends A Increase in buyer apps participation B Categories and micro sellers which fall in below quadrant are bound to benifit from this network 1- which have seen low traction from current marketplaces and control their visibility and audience 2- who are starting digital selling journey (D2C ) and have minimal resources and capability to manage mutiple selling channels. #onlinebusiness #growth #msme #viksitbharat

Revolutionizing Digital Commerce: An Introduction to DSC and DSP We have finalized the decision to mint 20 billion Digital Shopping Coins (DSC) at an initial price of $20,000 per DSC. https://lnkd.in/dNuckgpR As detailed in our Toconomics, we have the flexibility to mint any amount of coins and set an initial price that we see fit. This flexibility enables our innovative blockchain-based business model to reduce prices by up to 100 times the prevailing market rate, which translates to over 99% discount. Additionally, our model offers members various passive income opportunities through our affiliate program spanning 10 levels. This includes disruptive recommendations and endorsement commissions, which are paid to the first person to recommend a product or service other than merchandise. Endorsers and their invitees, up to 10 levels deep, receive a referral commission for each unit of recommended product or service sold in the mall up to the endorser's total referral commission per endorsed product or service. Do not reach $100,000. Additionally, suppliers benefit from access to local and global wholesale markets for their products and services in their preferred currencies. For everyone who purchases Digital Shopping Points (DSP) before the official minting of DSCs, your purchased DSPs will be doubled. We aim to mint the DSCs within two months from now and credit the purchased DSPs to the buyers' accounts. Distributed DSPs will be unlocked and ready for use after the member's account is verified. Additionally, we will reward members with 1 DSP for joining and 1 DSP for each referral in their business partnership team, up to 10 levels deep. DSPs earned for joining will be unlocked for use after the member has verified their account, and DSPs earned through referrals will be unlocked for use once the referral has verified their account. Will confirm. Our allocation of 1 billion DSPs for Founding Membership rewards will be distributed on a first-confirmed, first-come, first-served basis until all 1 billion DSPs have been claimed. So, the sooner you verify your account, the better for you. Prior to the launch of our groundbreaking digital shopping mall shopping software, our pre-launch offer to pre-purchase DSPs after minting DSCs will remain unchanged: $0.1 per DSP, with a minimum purchase of $100 . The only difference is that after minting the DSCs, the DSP will cost $20,000 instead of the initially planned $10,000. Hence, it will still be beneficial for those who buy our DSPs after DSC. The above offer will end at the end of March 2024, and the new offer will start, providing DSP for $1, with a minimum purchase of $100. https://lnkd.in/dNuckgpR

New PYMNTS article highlights the significance of providing consumers with their preferred payment methods to minimize cart abandonment on online brand sites. According to the data, 70% of consumers consider the availability of their preferred payment method highly influential when selecting an online store to make a purchase. #ecommercebusiness #ecommercenews #ecommerceindustry #onlinebrand #onlinestore Britt Englund, Nathan Gardner, Sarah Douglass, Brian Rundell, Yesenia Castro, Brandon J. Rudolph, M.A.

Revolutionizing Digital Commerce: An Introduction to DSC and DSP We have finalized the decision to mint 20 billion Digital Shopping Coins (DSC) at an initial price of $20,000 per DSC. https://lnkd.in/dNuckgpR As detailed in our Toconomics, we have the flexibility to mint any amount of coins and set an initial price that we see fit. This flexibility enables our innovative blockchain-based business model to reduce prices by up to 100 times the prevailing market rate, which translates to over 99% discount. Additionally, our model offers members various passive income opportunities through our affiliate program spanning 10 levels. This includes disruptive recommendations and endorsement commissions, which are paid to the first person to recommend a product or service other than merchandise. Endorsers and their invitees, up to 10 levels deep, receive a referral commission for each unit of recommended product or service sold in the mall up to the endorser's total referral commission per endorsed product or service. Do not reach $100,000. Additionally, suppliers benefit from access to local and global wholesale markets for their products and services in their preferred currencies. For everyone who purchases Digital Shopping Points (DSP) before the official minting of DSCs, your purchased DSPs will be doubled. We aim to mint the DSCs within two months from now and credit the purchased DSPs to the buyers' accounts. Distributed DSPs will be unlocked and ready for use after the member's account is verified. Additionally, we will reward members with 1 DSP for joining and 1 DSP for each referral in their business partnership team, up to 10 levels deep. DSPs earned for joining will be unlocked for use after the member has verified their account, and DSPs earned through referrals will be unlocked for use once the referral has verified their account. Will confirm. Our allocation of 1 billion DSPs for Founding Membership rewards will be distributed on a first-confirmed, first-come, first-served basis until all 1 billion DSPs have been claimed. So, the sooner you verify your account, the better for you. Prior to the launch of our groundbreaking digital shopping mall shopping software, our pre-launch offer to pre-purchase DSPs after minting DSCs will remain unchanged: $0.1 per DSP, with a minimum purchase of $100 . The only difference is that after minting the DSCs, the DSP will cost $20,000 instead of the initially planned $10,000. Hence, it will still be beneficial for those who buy our DSPs after DSC. The above offer will end at the end of March 2024, and the new offer will start, providing DSP for $1, with a minimum purchase of $100. https://lnkd.in/dNuckgpR

Coupon Simba reshapes online shopping habits with its innovative discount platform: The launch of Coupon Simba marks a significant development in the realm of online shopping, aiming to reshape how consumers approach digital purchases. Coupon Simba caters to the growing demand for savings in an increasingly digital marketplace by providing a … Continue reading → #Business #Finance #FinancialMarket #Technology #US

Digital payment usage has skyrocketed as more and more consumers participate in social commerce. Despite this uptick, trust is still a hurdle for many consumers. Don’t miss this article I found from Discover Global Network sharing tips for developers looking to strengthen consumer confidence in the social commerce space.    #DiscoverEmployee #Payments #SocialCommerce #Digital #Trust #Developer 

Digital payment usage has skyrocketed as more and more consumers participate in social commerce. Despite this uptick, trust is still a hurdle for many consumers. Don’t miss this article I found from Discover Global Network sharing tips for developers looking to strengthen consumer confidence in the social commerce space.    #DiscoverEmployee #Payments #SocialCommerce #Digital #Trust #Developer