You are here: Home »
Report: PayPal Express Checkout Help Merchant Sales Bump Of 18 Percent
Report: PayPal Express Checkout Help Merchant Sales Bump Of 18 Percent
Thursday, March 10, 2011
Leave a comment
Payments giant PayPal offers online merchants the ability to use Express Checkout service, which is a single payment method, simplifies the process of consumer purchasing. A buyer does not have to enter shipping, billing or payment to a PayPal payment, accelerate the buying process. All they have to do is enter your PayPal account login. It's like in the theory of options from Amazon one-click ordering. And PayPal has recently implemented on mobile payments. Today, PayPal has released Ipsos Public Affairs reports that show that the integration of supply without payment loophole allowed selling online retailers increase.
The report shows that eight out of ten (83 %), retailers surveyed said sales PayPal
Express increased offer. Among the online retailers that are able to track your income, sales have increased an average of 18 % since the addition of Express Checkout. Eight out of ten respondents (84 %) of those who have noticed an increase in sales that occurred during the first 3 months after offering PayPal. Others say it took four to six months (8 %) or more (8 %) before they realized an increase in sales.
Since PayPal offers, traders say 22 per cent of their total income comes
PayPal Express Checkout. And 25 % of revenue coming from new customers
Is channelled through Express Checkout.
It is important to note that this report is anecdotal and does not indicate the feelings and sales of all online merchants. However, highlights an important trend: a seamless experience of payments, either online or through a mobile device is a factor contributing to increased sales. PayPal has worked to provide alternative payment options and seamless, including a digital merchandise.
PayPal is not the only company to begin operations easier for consumers and merchants. Google launched its own engine Google Checkout payment method for digital goods recently. And we know that the NFC technology on mobile phones is accelerating.
Thanks
