The eLayaway payment platform provides consumers and merchants an easy way to use and administer layaway payments online. It allows consumers to budget and pay for large purchases over time, without incurring interest, and provides merchants an affordable alternative to credit cards. Key features include automatic payments from a consumer's bank account, flexibility to adjust payment schedules, and integration with online checkout processes. The platform aims to empower consumers lacking cash or credit, while giving merchants a marketing tool to reach new customers and drive sales throughout the year.
Merchant accounts allow you to unlock the power of online payment acceptance by serving as the link between customer credit and debit cards and your business bank account. Check out this detailed description of the setup process.
This document discusses innovative uses of mobile wallet passes across multiple industries. It provides examples of how passes can be used to engage customers in gyms, movie theaters, retail stores, and other businesses. Mobile wallet passes allow dynamic updates and location-based notifications that can improve the customer experience.
Three Proven Ways to Increase Consumer Confidence and Drive RevenueBlue Acorn
During Blue Acorn's September webinar we spoke to Riskified, Norton Shopping Guarantee and Affirm about the importance of building consumer confidence during the ecommerce customer journey.
Visa Checkout provides online retailers with advantages over traditional checkout by simplifying the checkout experience for customers. A study found that Visa Checkout increased conversion rates by 66% compared to traditional checkout and had a 17 percentage point lift over PayPal Express. Additional benefits included a 22% faster checkout time and a 7% higher average transaction size for Visa Checkout orders. Visa Checkout attracts engaged online shoppers who spend more time on ecommerce activities and are more likely to complete repeat purchases.
RSR ebook: Retail ecommerce in context: the next iterationLeigh Doyle
After years of steady ecommerce growth, there has been an unprecedented acceleration of the shift from physical stores to online shopping. Retailers are facing the limitations of their aging technology stack in allowing them to offer buy online pick up in store (BOPIS), social commerce, adding new payment methods, launching subscription programs and more. This study aims to understand how well retailers have been able to pivot to a digital-first world, the challenges they face, the opportunities nascent in the marketplace, and how their technology portfolios are able to support these shifts profitably.
PayPal aims to strengthen its position as an omni-channel payment solution for both online and offline merchants. It has made several acquisitions totaling over $2 billion to enhance its payment processing capabilities globally. However, PayPal faces competition from established digital wallets like Apple Pay and Google Pay, as well as payment platforms like Square that are well-known to small businesses. To better serve small businesses, PayPal needs to improve merchant education and highlight its security, flexibility, and value compared to alternatives in the evolving digital payments landscape.
This document provides an overview of various online sales and payment processing systems that can be used to sell digital and physical products. It discusses the key features, pros, and cons of popular platforms like ClickBank, Ejunkie, PayPal, Amazon Kindle, CreateSpace, Lulu, Book Baby, CD Baby, 1ShoppingCart, and DigiResults. The purpose is to help readers evaluate which provider would be the best fit depending on their specific product type and goals. ClickBank, Ejunkie and PayPal are recommended for selling digital information products, while Amazon Kindle, CreateSpace and Lulu can be used for both digital and print books. Book Baby is best for high volume authors. CD Baby and 1Shop
Sparo provides an integrated platform that allows online shoppers to donate a portion of their purchase to charity. Their solution is embedded directly into retailers' checkout pages, providing a seamless experience. They aim to initially partner with local charities and retailers, and then expand nationally. Sparo also operates an online tuition assistance program that provides grants to students funded by a percentage of merchant sales. They are seeking $1 million for a 20% equity stake to expand their technology platform, partnerships, and marketing efforts.
Merchant accounts allow you to unlock the power of online payment acceptance by serving as the link between customer credit and debit cards and your business bank account. Check out this detailed description of the setup process.
This document discusses innovative uses of mobile wallet passes across multiple industries. It provides examples of how passes can be used to engage customers in gyms, movie theaters, retail stores, and other businesses. Mobile wallet passes allow dynamic updates and location-based notifications that can improve the customer experience.
Three Proven Ways to Increase Consumer Confidence and Drive RevenueBlue Acorn
During Blue Acorn's September webinar we spoke to Riskified, Norton Shopping Guarantee and Affirm about the importance of building consumer confidence during the ecommerce customer journey.
Visa Checkout provides online retailers with advantages over traditional checkout by simplifying the checkout experience for customers. A study found that Visa Checkout increased conversion rates by 66% compared to traditional checkout and had a 17 percentage point lift over PayPal Express. Additional benefits included a 22% faster checkout time and a 7% higher average transaction size for Visa Checkout orders. Visa Checkout attracts engaged online shoppers who spend more time on ecommerce activities and are more likely to complete repeat purchases.
RSR ebook: Retail ecommerce in context: the next iterationLeigh Doyle
After years of steady ecommerce growth, there has been an unprecedented acceleration of the shift from physical stores to online shopping. Retailers are facing the limitations of their aging technology stack in allowing them to offer buy online pick up in store (BOPIS), social commerce, adding new payment methods, launching subscription programs and more. This study aims to understand how well retailers have been able to pivot to a digital-first world, the challenges they face, the opportunities nascent in the marketplace, and how their technology portfolios are able to support these shifts profitably.
PayPal aims to strengthen its position as an omni-channel payment solution for both online and offline merchants. It has made several acquisitions totaling over $2 billion to enhance its payment processing capabilities globally. However, PayPal faces competition from established digital wallets like Apple Pay and Google Pay, as well as payment platforms like Square that are well-known to small businesses. To better serve small businesses, PayPal needs to improve merchant education and highlight its security, flexibility, and value compared to alternatives in the evolving digital payments landscape.
This document provides an overview of various online sales and payment processing systems that can be used to sell digital and physical products. It discusses the key features, pros, and cons of popular platforms like ClickBank, Ejunkie, PayPal, Amazon Kindle, CreateSpace, Lulu, Book Baby, CD Baby, 1ShoppingCart, and DigiResults. The purpose is to help readers evaluate which provider would be the best fit depending on their specific product type and goals. ClickBank, Ejunkie and PayPal are recommended for selling digital information products, while Amazon Kindle, CreateSpace and Lulu can be used for both digital and print books. Book Baby is best for high volume authors. CD Baby and 1Shop
Sparo provides an integrated platform that allows online shoppers to donate a portion of their purchase to charity. Their solution is embedded directly into retailers' checkout pages, providing a seamless experience. They aim to initially partner with local charities and retailers, and then expand nationally. Sparo also operates an online tuition assistance program that provides grants to students funded by a percentage of merchant sales. They are seeking $1 million for a 20% equity stake to expand their technology platform, partnerships, and marketing efforts.
The document provides information about PayPal, including:
- Its mission is to build the most convenient, secure, and cost-effective online payment solution, and its vision is to become the global standard for online payments.
- It was founded in 1998 by Peter Thiel and Max Levchin and was later acquired by eBay in 2002. It grew rapidly and by 2000 was processing millions of transactions daily worth billions.
- PayPal allows users to send, receive, and store money for online transactions and provides additional security for online purchases compared to entering credit card details on websites.
Order Insight is a platform that connects cardholders, merchants, and issuers to resolve billing disputes that lead to fraud claims, chargebacks and lost profits. It provides key purchase details to issuers to validate sales with cardholders. This reduces fraud and chargebacks while improving the customer experience. By enabling real-time information sharing, Order Insight helps merchants retain revenue and customers that would otherwise be lost to disputes.
Visa Checkout is an online checkout service that allows customers to securely store their payment information and complete purchases with one click. A report from comScore found that:
1. Visa Checkout increased conversion rates by 66% compared to traditional checkout and had a 17 percentage point lift over PayPal Express Checkout.
2. Visa Checkout orders had a 7% higher average transaction size and customers completed 12% more transactions overall.
3. Visa Checkout was 22% faster than traditional checkout and had a 69% conversion rate, outperforming traditional (41%) and PayPal Express Checkout (62%).
For ecommerce business owners, it is very important to offer their customers a seamless journey from searching their products to making a purchase. Offering a great user experience often helps to increase the sales conversion rate, but one thing that business owners and ecommerce development companies should always remember is to consider the challenge that revolves around payment options.
PayPal is an online payment platform that allows individuals and businesses to send and receive digital payments. It has over 267 million active users worldwide. PayPal's mission is to build the most convenient, secure, and cost-effective digital payment solution globally. Key services include sending and receiving payments, paying with debit/credit cards, selling on platforms like eBay, and accepting payments from various countries and currencies. PayPal generates revenue from transaction fees, international payment fees, business account charges, and interest from deposited balances. It aims to offer secure payments and works to prevent fraud through encryption, authentication, and monitoring.
PayPal offers several payment options for Miva merchants:
1. PayPal Express Checkout allows merchants to accept PayPal payments from 165M+ PayPal customers and improve conversion rates. It has no monthly or statement fees.
2. PayPal One Touch streamlines the checkout process by allowing customers to pay with a single click after opting into One Touch, without re-entering payment details.
3. PayPal Payments Pro is a payment gateway and processor that includes Express Checkout and offers a more secure way to manage payments with no startup costs or termination fees.
E-commerce refers to buying and selling of goods or services over the internet. Online marketplaces connect buyers and sellers and provide payment processing, analytics and other services. Examples include 99acres, Cars24, Quikr and Urbanclap. Educational technology platforms provide online courses and programs for skills and education, and services include payments, updates, marketing and storage. Media platforms stream content and provide ticketing, and services include storage, payments and analytics. Government sites provide services and information to citizens and businesses. Emerging trends in ecommerce include augmented reality, voice search, AI/chatbots, personalization using big data, mobile use, headless commerce, videos, sustainable options, and growing B2B sales
This Chase bank promotion offers customers cash rewards for using their Chase debit cards to make qualifying purchases for public transportation in New York between September 1 and October 31, 2008. Customers can earn $10 for every $150 spent, up to $50 total. Qualifying purchases include MetroCard purchases from vending machines and refills, as well as trips on PATH, Metro-North, LIRR, NJ Transit without using the PIN. Multiple Chase cards cannot be used to combine spending. Rewards will be deposited by November 20 if accounts are open and in good standing.
This document provides an overview of best practices for eCommerce design. It discusses designing for the user experience, why good design is important, and recommended design processes. It also covers key design elements like search, checkout, and forms. The document recommends optimizing the design after launch using analytics and user feedback. It suggests tools like Google Analytics, Feng GUI, Loop11, and Clicktale that can help with testing and optimization.
Business plan - Mobile Payment ApplicationPlan Writers
The purpose of this plan is to provide investors with the information necessary to evaluate the scope and future growth of Payment Company in the market place.
Ever wondered what you can do to prevent customers from leaving your checkout prematurely? These 6 tips will help prevent that from happening to your Ecommerce business.
Visa Checkout provides a faster and easier checkout experience for online shoppers compared to PayPal Express Checkout and traditional checkout methods. A comScore study found that Visa Checkout had a 69% conversion rate from shopping cart to purchase, 17 percentage points higher than PayPal Express Checkout and 66% higher than traditional checkout. Visa Checkout allows customers to create an account with their card and address information, then complete purchases with just a username and password, making the checkout process 22% faster. Surveys also found that 95% of customers found Visa Checkout easy to use, 96% felt secure making purchases, and 90% were satisfied and likely to continue using the service.
Today, restaurant software influences nearly all core functions of a successful restaurant business – acquiring customers, booking tables, processing orders, kitchen displays, billing, payments, inventory, marketing and retaining customers. Online delivery marketplaces and restaurant aggregators have caused restaurant owners to re-think their business models and explore different revenue streams. And Restaurant-Technology is growing steadily as a separate category than the overarching and more noticeable “Food tech”.
To better understand the entire software stack used by restaurants, let’s divide them into two categories – guest-facing and back-of-house. Guest-facing restaurant software is any software (think app, website, online ordering, loyalty) that a restaurant guest comes directly in contact with. Back-of-house software refers to tools and software that restaurants use to streamline their operations and make their processes more efficient.
The document discusses the ecommerce landscape in Malaysia, highlighting that marketplaces are driving growth but are only part of the ecosystem. It notes that 66% of Malaysian shoppers use mobile phones to make online purchases, and that 48% shop online at least once a month. The document provides an ecommerce checklist for retailers and tips for smart marketing, highlighting the customer buying cycle and what customers want, such as fast website loading times. It also covers page design tips to highlight products and notes that the global retail landscape is changing as consumers drive more online shopping.
Increase conversion rates, cross-selling, customer engagement, and brand awareness. We've proven traction through 50,000+ BETA users & national media attention.
Find out more at https://www.the360mall.com/retailers
BigCommerce is a fairly new, but quickly rising element in the eCommerce world. In 2009, BigCommerce ranked at number 1 in eCommerce software solution when viewed for its flexible utility and set up by close to 9000 internet sellers - and ever increasing user base; BigCommerce caters to more than 35,000 users across the globe. And here at Hvantage, we very well know the rising popularity and ability of BigCommerce, and have an fervent, skilled and well-informed team committed exclusively to offer you with reasonable and quality BigCommerce back office services.
This document discusses key topics related to ecommerce excellence for consumer electronics and general merchandise retailers in the United States. It covers the shopper experience across channels, supplier/retailer relationships, and content requirements. The shopper journey now begins online for over 80% of purchases through online product research on mobile devices. Retailers must provide a seamless omnichannel experience to meet shopper demands. Both showrooming and webrooming are common practices as shoppers research online and make purchase decisions across channels. Content must be rich yet optimized for each channel to drive the best shopping experience.
Devloping a holistic payment processing strategy Rudi Chatab
Developing a holistic payments strategy involves considering key elements like revenue sources, payment methods, controls, and hygiene factors in an interconnected way. A payments strategy should address questions about what products are sold through what channels, which payment methods to support, currency and fraud management needs, and costs. Developing a matrix of sales by channel is a good starting point to understand requirements. Global and local payment options need to be evaluated along with issues like liability, reconciliation and customer experience. Dynamic currency conversion may provide opportunities but also risks to manage. Fraud controls should be layered based on risk level to balance security and conversions.
Written marketing plan for the BUS 200: Principles of Marketing final project. Along with a presentation, groups submitted a full marketing plan to introduce a new product to a 2016 Top 100 brand. We chose PayPal, and created a donation round-up service in order to leverage large market share for increased donations and marketable activities.
As team leader, I was responsible for organizing team meetings, deliverables, editing, and final submission of the project.
The document provides information about PayPal, including:
- Its mission is to build the most convenient, secure, and cost-effective online payment solution, and its vision is to become the global standard for online payments.
- It was founded in 1998 by Peter Thiel and Max Levchin and was later acquired by eBay in 2002. It grew rapidly and by 2000 was processing millions of transactions daily worth billions.
- PayPal allows users to send, receive, and store money for online transactions and provides additional security for online purchases compared to entering credit card details on websites.
Order Insight is a platform that connects cardholders, merchants, and issuers to resolve billing disputes that lead to fraud claims, chargebacks and lost profits. It provides key purchase details to issuers to validate sales with cardholders. This reduces fraud and chargebacks while improving the customer experience. By enabling real-time information sharing, Order Insight helps merchants retain revenue and customers that would otherwise be lost to disputes.
Visa Checkout is an online checkout service that allows customers to securely store their payment information and complete purchases with one click. A report from comScore found that:
1. Visa Checkout increased conversion rates by 66% compared to traditional checkout and had a 17 percentage point lift over PayPal Express Checkout.
2. Visa Checkout orders had a 7% higher average transaction size and customers completed 12% more transactions overall.
3. Visa Checkout was 22% faster than traditional checkout and had a 69% conversion rate, outperforming traditional (41%) and PayPal Express Checkout (62%).
For ecommerce business owners, it is very important to offer their customers a seamless journey from searching their products to making a purchase. Offering a great user experience often helps to increase the sales conversion rate, but one thing that business owners and ecommerce development companies should always remember is to consider the challenge that revolves around payment options.
PayPal is an online payment platform that allows individuals and businesses to send and receive digital payments. It has over 267 million active users worldwide. PayPal's mission is to build the most convenient, secure, and cost-effective digital payment solution globally. Key services include sending and receiving payments, paying with debit/credit cards, selling on platforms like eBay, and accepting payments from various countries and currencies. PayPal generates revenue from transaction fees, international payment fees, business account charges, and interest from deposited balances. It aims to offer secure payments and works to prevent fraud through encryption, authentication, and monitoring.
PayPal offers several payment options for Miva merchants:
1. PayPal Express Checkout allows merchants to accept PayPal payments from 165M+ PayPal customers and improve conversion rates. It has no monthly or statement fees.
2. PayPal One Touch streamlines the checkout process by allowing customers to pay with a single click after opting into One Touch, without re-entering payment details.
3. PayPal Payments Pro is a payment gateway and processor that includes Express Checkout and offers a more secure way to manage payments with no startup costs or termination fees.
E-commerce refers to buying and selling of goods or services over the internet. Online marketplaces connect buyers and sellers and provide payment processing, analytics and other services. Examples include 99acres, Cars24, Quikr and Urbanclap. Educational technology platforms provide online courses and programs for skills and education, and services include payments, updates, marketing and storage. Media platforms stream content and provide ticketing, and services include storage, payments and analytics. Government sites provide services and information to citizens and businesses. Emerging trends in ecommerce include augmented reality, voice search, AI/chatbots, personalization using big data, mobile use, headless commerce, videos, sustainable options, and growing B2B sales
This Chase bank promotion offers customers cash rewards for using their Chase debit cards to make qualifying purchases for public transportation in New York between September 1 and October 31, 2008. Customers can earn $10 for every $150 spent, up to $50 total. Qualifying purchases include MetroCard purchases from vending machines and refills, as well as trips on PATH, Metro-North, LIRR, NJ Transit without using the PIN. Multiple Chase cards cannot be used to combine spending. Rewards will be deposited by November 20 if accounts are open and in good standing.
This document provides an overview of best practices for eCommerce design. It discusses designing for the user experience, why good design is important, and recommended design processes. It also covers key design elements like search, checkout, and forms. The document recommends optimizing the design after launch using analytics and user feedback. It suggests tools like Google Analytics, Feng GUI, Loop11, and Clicktale that can help with testing and optimization.
Business plan - Mobile Payment ApplicationPlan Writers
The purpose of this plan is to provide investors with the information necessary to evaluate the scope and future growth of Payment Company in the market place.
Ever wondered what you can do to prevent customers from leaving your checkout prematurely? These 6 tips will help prevent that from happening to your Ecommerce business.
Visa Checkout provides a faster and easier checkout experience for online shoppers compared to PayPal Express Checkout and traditional checkout methods. A comScore study found that Visa Checkout had a 69% conversion rate from shopping cart to purchase, 17 percentage points higher than PayPal Express Checkout and 66% higher than traditional checkout. Visa Checkout allows customers to create an account with their card and address information, then complete purchases with just a username and password, making the checkout process 22% faster. Surveys also found that 95% of customers found Visa Checkout easy to use, 96% felt secure making purchases, and 90% were satisfied and likely to continue using the service.
Today, restaurant software influences nearly all core functions of a successful restaurant business – acquiring customers, booking tables, processing orders, kitchen displays, billing, payments, inventory, marketing and retaining customers. Online delivery marketplaces and restaurant aggregators have caused restaurant owners to re-think their business models and explore different revenue streams. And Restaurant-Technology is growing steadily as a separate category than the overarching and more noticeable “Food tech”.
To better understand the entire software stack used by restaurants, let’s divide them into two categories – guest-facing and back-of-house. Guest-facing restaurant software is any software (think app, website, online ordering, loyalty) that a restaurant guest comes directly in contact with. Back-of-house software refers to tools and software that restaurants use to streamline their operations and make their processes more efficient.
The document discusses the ecommerce landscape in Malaysia, highlighting that marketplaces are driving growth but are only part of the ecosystem. It notes that 66% of Malaysian shoppers use mobile phones to make online purchases, and that 48% shop online at least once a month. The document provides an ecommerce checklist for retailers and tips for smart marketing, highlighting the customer buying cycle and what customers want, such as fast website loading times. It also covers page design tips to highlight products and notes that the global retail landscape is changing as consumers drive more online shopping.
Increase conversion rates, cross-selling, customer engagement, and brand awareness. We've proven traction through 50,000+ BETA users & national media attention.
Find out more at https://www.the360mall.com/retailers
BigCommerce is a fairly new, but quickly rising element in the eCommerce world. In 2009, BigCommerce ranked at number 1 in eCommerce software solution when viewed for its flexible utility and set up by close to 9000 internet sellers - and ever increasing user base; BigCommerce caters to more than 35,000 users across the globe. And here at Hvantage, we very well know the rising popularity and ability of BigCommerce, and have an fervent, skilled and well-informed team committed exclusively to offer you with reasonable and quality BigCommerce back office services.
This document discusses key topics related to ecommerce excellence for consumer electronics and general merchandise retailers in the United States. It covers the shopper experience across channels, supplier/retailer relationships, and content requirements. The shopper journey now begins online for over 80% of purchases through online product research on mobile devices. Retailers must provide a seamless omnichannel experience to meet shopper demands. Both showrooming and webrooming are common practices as shoppers research online and make purchase decisions across channels. Content must be rich yet optimized for each channel to drive the best shopping experience.
Devloping a holistic payment processing strategy Rudi Chatab
Developing a holistic payments strategy involves considering key elements like revenue sources, payment methods, controls, and hygiene factors in an interconnected way. A payments strategy should address questions about what products are sold through what channels, which payment methods to support, currency and fraud management needs, and costs. Developing a matrix of sales by channel is a good starting point to understand requirements. Global and local payment options need to be evaluated along with issues like liability, reconciliation and customer experience. Dynamic currency conversion may provide opportunities but also risks to manage. Fraud controls should be layered based on risk level to balance security and conversions.
Written marketing plan for the BUS 200: Principles of Marketing final project. Along with a presentation, groups submitted a full marketing plan to introduce a new product to a 2016 Top 100 brand. We chose PayPal, and created a donation round-up service in order to leverage large market share for increased donations and marketable activities.
As team leader, I was responsible for organizing team meetings, deliverables, editing, and final submission of the project.
How to Find the Ideal Omnichannel Payment Provider.pdfMarie Weaver
The document discusses factors to consider when choosing an omnichannel payment provider. It recommends evaluating providers based on their payment collection tools, in-house development team, security, support, data sharing capabilities, consistency across channels, ability to integrate with any hardware, invoicing and billing features, adaptability to changing technologies, and ability to provide insights for inventory optimization. Choosing the right omnichannel provider can enhance the customer experience and improve sales for ecommerce businesses.
Victor Charles - eCommerce Day Africa Blended [Professional] Experience 2023eCommerce Institute
This document discusses five pillars of modern e-commerce: flexibility, scalability, omnichannel, integrations, and customizations. It also covers popular payment methods, types of fraud to watch out for including transaction fraud and friendly fraud, and tips for implementing payment methods like prioritizing customer experience, understanding the parties involved, processing speed, safety, and choosing reliable providers.
This document discusses trends in retail moving toward a cashless society, including the growth of omnichannel retail, mobile payment/mobile point-of-sale, digital wallets, digital currency, and social commerce. It notes that cash costs the US $200 billion per year and that online shopping and mobile technology are driving retailers to offer more digital payment options. The document outlines these trends and calls on retailers to provide seamless payment experiences across channels to meet customer demands in an increasingly digital world.
The document discusses Pay4Later, a service that allows retailers to offer financing options to customers. It highlights key benefits such as higher approval rates through a multi-lender platform, upselling opportunities to increase average order size, a fast application process, and integration tools for retailers to manage financing. The service aims to simplify financing for lenders, retailers and consumers to drive more sales and revenue for retailers.
The document provides an overview of different business model patterns focusing on areas like products, experiences, and data across 30 global companies. Each company profile includes logos that link to business model pages and brainstorm cards to trigger ideas, and the document can be navigated using buttons or scrolling. Users are encouraged to understand the business models of different companies in order to innovate their own models using the provided brainstorm questions.
TechPay is a software company that has developed SwiftPay, a mobile payment platform for grocery stores and supermarkets. SwiftPay allows customers to scan loyalty cards, create shopping lists, and scan coupons on their mobile device. It processes payments and sends receipts via email. TechPay sees the mobile payment space growing significantly in the next 5 years and aims to partner with retailers and credit card processors to integrate SwiftPay into existing point-of-sale systems. Their marketing strategy involves branding with celebrity spokesperson Kathy Ireland and promoting SwiftPay's benefits to both customers and merchants for a more streamlined shopping experience.
Our team members are Ross Markbreiter, Nancy Kelly, Miles Robinson, Ronnie Feuer, Kathy Ieland and kiww
We have partnerships with WorldPay, MVP Media Productions, Authorize.net First Data, Vantiv, WorldPay, Heartland as registered Agents to sell merchant accounts.
TechPay is a Mpos system and has many new Mobile Payment Systems in development worldwide.
TechPay can create a mobile Payment system for any retail business. Our system is based on QR codes so no new hardware, and can be used with any mobile device. Our system runs on AWS.
TechPay Mobile Payment Systems TM has invented SwiftPay TM
The first system is made for grocery stores and supermarkets.
This system took three and a half years and four and a half million dollars invested to build.
Retail finance provided by Pay4Later can increase retailers' sales by offering customers financing options. Pay4Later's multi-lender platform has high approval rates and features like shadow limits that allow customers to spend more. The application process is fast and simple for customers across all devices. Retailers benefit from increased sales, larger basket sizes, and Pay4Later's integrated tools and customer support.
My PayPal Marketing Plan for Integrated Marketing - MCM3425Jason Pancho
PayPal is a leading digital payments provider but faces increasing competition that threatens its top position. The document outlines PayPal's history and current products/services but notes it may not be fully aware of everything PayPal offers, especially small businesses. It discusses PayPal's target audiences including millennials and merchants, and competitors like Square, Intuit, and Venmo that address gaps in PayPal's offerings. The research highlights new products PayPal is introducing in 2021 to better position itself against rivals and be a one-stop shop for merchants and consumers.
My PayPal Marketing Plan for Integrated Marketing - MCM3425 R1Jason Pancho
This document provides a marketing plan for PayPal to target small businesses. It begins with an executive summary of PayPal's background, products, competitors, and target audience of small businesses and millennials. It then presents a SWOT analysis, customer profile, and goals/objectives of increasing awareness of PayPal's small business programs and increasing electronic transactions through PayPal. The plan proposes strategies such as targeted social media ads, incentives for new/current users, and partnering with Venmo to promote PayPal for small businesses.
YouCloud Pay is a B2B fintech company based in Dubai that extends payment, commerce and analytics platforms to the SMB market in a SaaS model. The solution includes payment gateway, point of sale (POS) hardware, business management and analytics software. This is an all-in-one solution for retailers and restaurant owners with inventory management, payment acceptance, easy bookkeeping, promotions, loyalty and built in marketing module. Similarly for suppliers the YouCloud B2B portal is of great value as it automates the consumption pattern of retailers and allows them to extend qualified credit.
YouCloud aims at building a network of like-minded merchants and creating an ecosystem of retailers with consumers and suppliers. Our core services are: merchant aggregation, payment aggregation, VAS aggregation and credit scoring. Our overall objective is towards digital economy.
Adapting a Consumer Payment Program to Fit Commercial RequirementsMichel van Bommel
1) Adapting consumer payment programs for commercial use requires understanding commercial needs like purchase controls, billing options, and incentives to draw customers away from payment cards.
2) Commercial customers have different requirements than consumers like separate invoice processing and collections tailored to their needs. Dispute rates above 2% may suggest missing purchase details.
3) Large corporate accounts require specialized billing like separate office invoices and electronic formats for their accounting systems.
Adapting a Consumer Payment Program to Fit Commercial RequirementsElizabeth Benditt
In a billing and payment program, the mystery of how to maximize B2B profitability is often a simple question of functionality. This paper addresses the common pitfalls of a consumer payment program that hinder commercial growth and goes on to identify value opportunities that can make B2B relationships more profitable.
Adapting a Consumer Payment Program to Fit Commercial RequirementsJoe San Nicolas
In a billing and payment program, the mystery of how to maximize B2B profitability is often a simple question of functionality. This paper addresses the common pitfalls of a consumer payment program that hinder commercial growth and goes on to identify value opportunities that can make B2B relationships more profitable.
Adapting a Consumer Payment Program to Fit Commercial RequirementsKit Acree
1) Adapting consumer payment programs for commercial use requires understanding commercial needs like purchase controls, billing options, and incentives to draw customers away from payment cards.
2) Commercial customers often have unique data requirements for invoice processing like purchase order numbers that can cause delays, so payment programs need separate collections practices for commercial and consumer customers.
3) Large corporate accounts may need specialized billing options like separate billing for multiple offices or electronic formats to interface with their accounting systems.
Adapting a Consumer Payment Program to Fit Commercial Customer RequirementsPatricia Waguespack
In a billing and payment program, the mystery of how to maximize B2B profitability is often a simple question of functionality. This paper addresses the common pitfalls of a consumer payment program that hinder commercial growth and goes on to identify value opportunities that can make B2B relationships more profitable.
2. eLayaway was built for merchants seeking a
safe and affordablealternative to credit without losing the flexibility consumers need
eLayaway. The Smart Way to Plan and Pay
eLayaway is a patent-pending payment platform that provides both consumers
and merchants an easy way to use and administer layaway. Our payment solution
provides the foundation for merchants to both innovate and integrate a layaway
solution that serves their specific needs and those of their customers. Our friendly in-
house Customer Service department and knowledgable Business Development team
is ready to support retailers, eCommerce platforms and payment gateways looking
to build, integrate and offer a powerful payment and marketing solution. eLayaway
is designed to work with online checkout processes at brick & mortar locations,
telemarketing sales, and remotely for in-home service providers and trade shows.
“I choose to shop with eLayaway
for the convenience factor. The
ability to spread my payments over
time without incurring hefty interest
charges appealed to me. eLayaway
has allowed me to set a budget for the
items that I want and stick to it. The
automatic debits have made it pos-
sible for me to get the things that
I want, on the budget that I set.
”
Ricardo C.
Davie, FL
“Last year, I used eLayaway to shop
early for Christmas gift cards. eLay-
away made it easier to plan ahead
and ultimately made the holidays less
stressful for me. Their process enabled
me to set up a manageable budget,
without hundreds of dollars in credit
card payments at once. One specific
aspect that I valued was the flexibility
to adjust my payment schedule at any
time based on my needs. Another area
that I appreciated was the live chat
feature. This tool gave me the ability to
have my questions answered quickly
and efficiently.
”Melanie H
Garfield Heights, OH
“I just wanted to say thank you for
creating this service. My father saw
your article on msn.com and emailed
me the link. I viewed your site, signed
up, and made a layaway all in the
same day! You all are geniuses. I have
four small children and never can af-
ford to make large purchases at one
time (unless it is food related! LOL!).
You have granted me the ability to sur-
prise my husband of six years on his
birthday next year with the 360 Elite
he has been wanting to upgrade his
current 360 console. So, again thank
you and God Bless!
”Fallon B
Clute, TX
<<< eLayaway.com
went live in August
2006. Corporate
headquarters
are located in
Tallahassee, FL.
3. FAQ’s
CLICKTOOPEN
eLayaway is a fiscally responsible and timely payment option that
empowers consumerslacking the cash or credit to afford the items they desire.
Consumers Need More Payment Options:
The current economy continues to make it difficult for merchants and consumers to
interact, especially on bigger ticket items. In response to the tightening economy,
many consumers are making permanent changes to their spending habits, choosing
more fiscally responsible ways to spend their money. According to a 2010 comScore®
survey, 76% of consumers have changed how they spend their money based on the
recession and 43% of them say these changes are permanent. eLayaways mission is
to provide those consumers with a safe and affordable alternative to credit.
We appreciate the importance of the role we play in the consumer/merchant sales
experience. Our Customer Service staff is trained to provide the premium support
and transparency necessary to ensure that our merchants are always properly
represented.
A Simple Process
1Consumer selects item(s) and proceeds to checkout.
2Payment schedule is set using the intuitive eLayaway Calculator.
3Payments are deducted from the consumers chosen bank account via
ACH on the schedule they set.
4 Uponsuccessfulcompletionofthepaymentplan,fundsaretransferred
to the merchant and that merchant fulfills the order.
<<< The eLayaway
Calculator
allows users
to set their
payment
schedule and
start their
layaways.
Your Payments! CLOSE
Hide
use the up/down arrow buttons to change individual payment due date amounts
Payment # 1 2 3 4 5 6 7 8 9 10
Amount $182.57 $182.57 $182.57 $182.57 $182.57 $182.57 $182.57 $182.57 $182.57 $182.57
Due Date Today 12/20/07 1/20/08 2/20/08 3/20/08 4/20/08 5/20/08 6/20/08 7/20/08 8/20/08
Adjust
Due Date
use the up/down arrow buttons to change individual payment due date amounts
Adjust
Due Date
Total: $1095.57
Wilson Fireball Driver - WD12558452
November 10, 2009
6 @ $182.57
Estimated Ship Date:
MONTHLY
USE +/- BUTTONS TO ADJUST NUMBER OF PAYMENTS.
Monthly
Payment
eLayaway Now!eLayaway Now!COPYRIGHT 2008 eLayaway LLC | PATENT PENDING
1
2 3 4
Fees: Consumers are charged a flat fee between 1.9% and 3.9% of the total
amount of the layaway. The length of each layaway is dependent on the terms
and conditions set by each individual merchant.
COPYRIGHT 2010 eLayaway, inc. | PATENT PENDING
4. The eLayaway payment platform is designed to
enable merchantsseeking affordable ways to address their customer’s needs.
Built to be Flexible
Retail layaway is a multi-billion market that is currently running on an antiquated,
sometimes manual, system. eLayaway offers the benefits of automation and scalability
needed to secure, support and grow any market.
eLayaway was developed to serve merchants looking for solutions designed to
reduce costs, expand markets and drive sales. In addition to web-based layaway
management, eLayaway provides server-to-server communication mechanisms
so merchants can manage their orders via their own systems as well, simply using
eLayaway for the data feed. eLayaway provides flexible integration options designed
to meet the needs of small, medium and enterprise level merchants, eCommerce
solutions and payment platforms.
The Future is in your hands
Unlike traditional layaway, eLayaway will allow you to manage your inventory system
so you do not have to set aside products during the length of the layaway. eLayaway
understands that efficient product management is paramount to profits. We provide
you with the necessary options to effectively and efficiently incorporate eLayaway into
current business practices so that you can fulfill all orders on demand. Although the
payment process and supporting services are handled by eLayaway, the merchant
handles the order fulfillment.
True Added Value for Merchants
Unlike other payment alternatives, eLayaway does not cannibalize a merchants
existing suite of payment options. It is a true alternative that not only helps consumers
that have reached their credit limits, but also helps the merchant reach consumers
who, before eLayaway, could not transact online. eLayaway also provides marketing
opportunities by allowing the merchant to present their offering in a manner that
makes items easier to afford.
eLayaway’s mission is to provide consumers with a safe and affordable alternative to
credit. As more and more consumers discover the benefits associated with layaway,
many of them have questions about the process and how it works. eLayaway.com
helps educate consumers about the layaway process and assists merchants by
providing best practice policies and access to the resources they need to create a
compliant layaway program.
Fees: Merchants are charged a monthly fee based on transaction volume
(between $9.99 and $159.99 per month). The costs associated with using or
offering eLayaway are considerably less than those associated with using or
accepting credit cards or other alternative payment options.
5. Shatter seasonal retail traditions by expanding your window of opportunity to
engage new markets
A Powerful Marketing Tool
In an economy where affordability rules and accessibility to funds are scarce,
eLayaway provides merchants with access to consumers who were either previously
unreachable or looking for alternatives to credit.
Unlike traditional consumer profiles created from a consumers history, eLayaway
delivers a profile based on a consumers future plans. Our precognitive approach
to marketing allows our merchants to reach their market with what we call super-
relevant targets.
A Powerful Marketing Tool
eLayaway’s primary market consists of individual consumers contemplating purchases
that are just beyond their means . As more and more consumers find themselves facing
growing debt and high interest rates, many will choose eLayaway as an alternative
way to pay for the goods or services they want most. Many consumers find eLayaway
to be a convenient method to purchase seasonal items such as holiday gifts, jewelry,
travel, lawn equipment and other large ticket items.
The majority of eLayaway users belong to one of three specific consumer behavioral
segments:
Planners - Budget-conscious consumers looking for alternative to credit
Credit Challenged - Users with limited financial resources/insufficient credit
Under-Served - The under-banked/under-served
Additionally, these same consumer behavioral segments exist within other consumer
markets such as the Hispanic market, college students, faith-based, and many
international markets.
Every Season is eLayaway Season
Seasonal fluctuations in Internet usage and traditional retail can limit a retailers year-
round marketing effectiveness. Retailers that offer eLayaway are no longer held captive
by the fourth quarter. Our technology and the foresight that comes with offering
eLayaway helps merchants breathe life into their sales, promotions and forecasting.
For example: A member currently paying towards a Summer vacation might
appreciate offers from one of our luggage or electronics retailers.
Thanks
eLayaway!
6. empowering consumers. enabling merchants. engaging new markets.
eLayaway Survey Results* (Contact us for complete report)eLayaway Facts
Additional eLayaway Brands
Merchants are categorized by five distinct vertical markets; retail, sports, travel, health
and home improvement. Since each industry has unique needs and adheres to different
terms of use, this differentiation improves communications and the overall user experience
for consumers. This categorization also provides the opportunity for qualified eLayaway
merchants to cross promote their goods and services across verticals. The sports, travel
and health divisions have their own unique websites.
Average layaway length
(by product category)
Electronics: 6.98 months
Jewelry: 6.75 months
Furniture: 3.21 months
Appliances: 4.21 months
Gift Cards: 7.04 months
Health & Beauty: 4.05 months
User Demographics
Gender
Male: 44%
Female: 56%
Age
18-34: 33%
35-49: 35%
50+: 23%
Ethnicity
Caucasian: 70%
African Am.: 18%
Asian: 2%
Hispanic: 8%
Other: 2%
HH Income
$0-30k: 29%
$30-60k: 37%
$60-100k: 17%
$100k+: 17%
Education
No College: 44%
College: 46%
Grad. Sch.: 9%
Average eLayaway Amount by Merchant Category
Percentage of eLayaway Sales Conversion by Merchant Category
* Survey conducted in 2010 over a three month period.