PayTabs Blog

Build a profitable and scalable business with the right guidance and knowledge.

Think global, act local is the new success mantra for e-commerce players operating internationally. Localization of one’s global e-commerce business is the best strategy to transcend cultural boundaries and win customers’ trust (and wallet share!). Although e-commerce has wiped away the boundaries of time and place, cultural differences play an important role in customer perception….

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With e-commerce gradually taking centre stage, online shopping is emerging to be a highly competitive space. Every merchant is keen to include differentiating factors based on customer convenience and choice to stand out from competition. One such feature is offering alternate payment methods to the customer. We shall look at how offering alternative payment methods…

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PayTabs is a Saudi-based company that facilitates processing of online payments securely and efficiently, founded by Saudi entrepreneur Abdulaziz Al Jouf. PayTabs caters to small, medium, and large enterprises via different business models. PayTabs offers their clients services allowing them to seamlessly ‘plug and play’ various features onto their websites. They pride themselves on offering simple…

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Strategies to boost sales from existing customers Merchants are often faced with the problem of stagnant or worse, diminishing revenues from existing customers. Constantly reinventing and innovating one’s service offerings, cross selling and reducing the customers’ pain points are key strategies to enhance revenue realisation from existing clients. We shall look into some of the…

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Online transactions have made life quite easy. We transfer funds, buy things and pay for them, receive payments, and all of this with the simple click of a button. Cash is rarely required anywhere. Online or cashless payments have become quite ordinary. The only time that online transactions frustrate us is when our money gets…

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Do you know that 61 percent of online buyers say that extra high costs is the main reason for cart abandonment? This clearly indicates that if product pricing is not accurate, you may lose more than half of the sales. The product pricing mechanism lays emphasis on the cost price, profit, taxes, product value, and…

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By the end of 2019, there will be 50.7 million internet users in Egypt. With the rise in internet penetration, users will spend more time browsing social media, learning courses and skills, and shopping online. Evidently, digital payment will also witness a tremendous boost. PayTabs is working relentlessly to be a contributor in the digital…

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E-commerce growth in Saudi Arabia over the last one decade has been phenomenal. There are over 12.94 e-commerce users in the country which is almost half the country’s population.  According to BMI Research, online sales in Saudi Arabia will surge to $13.9 billion by 2021. The country has become the next frontier for businesses looking…

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The success of e-commerce depends on various factors, the choice of payment gateway being one of them. The payment service on your e-commerce portal influences user experience. And if a user finds it convenient to shop on your online store, you can expect recurring sales in the future. While selecting a payment gateway in the…

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The e-commerce industry continues on an incredible growth trajectory, and as an online business owner, you have to implement the best strategy to leverage this growth. Whether you want to start an e-commerce store, or you already have one running, one of the most important considerations is how to stand out in the crowded market…

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Holiday sales continue breaking different records every year and businesses have come up with innovative techniques to cash in on the shopping craze. According to the National Retail Federation, online shoppers spent $19.62 billion between Thanksgiving Day and Cyber Monday. In 2018, projections indicate sales will increase by 15.3% and as an online business owner,…

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As the growth of e-commerce continues, business owners face new challenges when they seek to improve customer satisfaction levels. Top among these challenges is how to deliver the best customer experience. Why does the customer experience matter? According to an Oracle Report, 86% of shoppers will pay more for a better shopping experience. This means…

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Over the last few years, online retail sales have continued growing at an incredible rate proving that this is not a fad. According to projections,   online retail sales will reach 8.8% of total retail spending in 2018. According to TechCrunch, 79% of U.S consumers now shop online which highlights the huge opportunities in the e-commerce…

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Growing a business in today’s competitive environment is not easy. While a globalized market provides a larger market base, it also presents a plethora of challenges, including global competition, higher costs of operations, complex business licensing among other issues. However, you can still gain a competitive edge in your industry through a clear-cut strategy for…

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As a business owner, you need to appreciate the importance of customer retention. A solid customer retention strategy helps save money on marketing, boosts repeat sales, accords your business free word of mouth advertising, reduces customer churn rate, builds a loyal customer base and helps collect invaluable feedback from your customers.  A study by Reichheld…

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Your e-commerce website site is shiny, ready, and that fresh marketing campaign is driving traffic like gangbusters. Newsletters are flying out, and your tweets are picking up tons of action. But, you do not see any pickup in sales. All that marketing spending is just going in smoke, and it’s got you down. We get…

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There is no better news than a fast-expanding customer base for a business owner. However, with the good news comes a new challenge – how to effectively tackle the large number of payments from your growing list of customers. One of the best ways to do that is to use the recurring billing model. This…

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If your company’s focus is solely on customer acquisition, you need to pause and reconsider your strategy. A study by Bain & Company in collaboration with Earl Sasser of the Harvard Business School shows that a 5% increase in customer retention rates increases profits by 25% to 95%. That should be enough motivation to focus…

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Your payment process may seem technical, almost insignificant. But with over ¾ of shoppers choosing to abandon their cart, your payment gateway is worth considering. To help you boost your sales, we have found four possible solutions – simplify, clear instructions, broadening your means of payment, and ensuring safety. Simplify Critical to the success of…

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One of the easiest ways to provide excellent customer experience in your online business is by providing convenient, excellent and affordable shipping. However, this comes at a cost, and in a business environment where all expenses seem to be rising, you need to have a look at your shipping costs once again. You have to…

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