PayTabs Blog

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Things in the world of business have changed drastically after the imposition of lockdown on account of the COVID-19 pandemic. It has especially impacted the way people shop and make payments. Needless to say, there has been a severe impact on digital payments as well. On one hand, digital payments, such as donations have seen…

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Online businesses are fast becoming the norm and the ability to accept global online payments is one of the prerequisites for this type of business. There are multiple channels available for facilitating the online payment process. Before settling upon a particular channel, it is imperative that the business makes proper assessment of all the available options, evaluating them on different…

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Online shopping and digital payments have become an integral part of modern lifestyle. These payments offer a wide range of options and make life easier for customers. However, this modern invention gains even more relevance in the times of emergencies and catastrophe. Whether it is a natural disaster in the form of floods or earthquake…

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Ecommerce has come a long way since its beginning in the late last century. In the present era, most of the offline businesses have their online iterations live. With new technologies coming up and more and more people adopting the latest trends, eCommerce is not only here to stay but is bound to grow by…

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TED Talks are full of insights and are especially useful for entrepreneurs. These talks tend to be informative and inspirational. TED Talks speakers tend to be experts in their areas and can help entrepreneurs in understanding various nuances of the trade. However, there are a large number of TED Talks available, making it a little…

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Making online payments is a complex process. Transactions can fail to materialize many times and there may be several reasons behind them. In order to fully understand the reason behind such failures, it is imperative to look at the various components of the payment processing chain. Any one glitch at any stage may cause the…

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Customer retention is highly important for any business as relying solely on new clientele for growth may prove to be a myopic approach. There are several approaches which may be undertaken to ensure that the firm is able to generate repeat business from its set client base. The main benefit of customer retention is that…

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When you start an online business, it is important that you are aware of different options available to you for payment processing. As online business implies that you do not meet your clients personally and the entire transaction is done online, it is imperative that the safety of both the parties’ interests is taken care…

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PCI Data Security Standard or PCI DSS are the standards governing credit card industry. The task of administration of these standards is entrusted to the Payment Card Industry Security Standards Council. The main aim of these standards is to create a safe environment for credit card transactions and minimize the risk of financial frauds. While…

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Technology has changed the way businesses are conducted. This is primarily due to change in consumer needs and perceptions. Technology has brought newer avenues to the customers and has offered them more choices. One of the most disruptive innovations facilitated by technology is the proliferation of subscription economy. This mode has changed the way consumers…

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The subscription-based revenue model is fast emerging as one of the most sought-after option for businesses. While the model has been around for quite some time, its popularity has sky rocketed in recent times, owing to advancements in technology and changing consumer preferences. The subscription model has proved to be successful for various services such…

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Online payment gateways are vital for the smooth functioning of e-commerce companies. Without this service, e-businesses would not be able to able to accept and process payments from their clients, thus jeopardizing the growth of their operations. It is highly crucial that internet businesses pick their payment gateway providers with utmost care as any snag…

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Whether a business should focus on perfecting its products or on boosting sales is the eternal question faced by entrepreneurs. The dilemma has given rise to the concept of Minimum Viable Product or MVP where instead of trying to wait until the product is in faultless stage, the business decides to market it and continues…

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For an e-commerce company, offering attractive checkout options to the customers is one of the most challenging tasks. Providing alternative checkout options may help a business in achieving a higher checkout process conversion rate, which is one of the most important metrics for gauging its efficiency. Another advantage associated with providing alternative checkout options is…

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Thanks to the fact that the fintech industry is still in its early phase of development in the Middle East, it seems to be a given that the companies that make up the industry are those of modest beginnings and spectacular growth thereafter. Yet, investing in this sector of the economy in the region remains…

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Let PayPage Simplify your Business Invoicing is an important yet often neglected function of any business. It may not be as glamorous as marketing, but efficient invoicing not only helps in retaining your clients but may also provide valuable data for analytical purposes. A clear yet concise invoice provides transparency and aids in creating better…

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How you interact with the customers during and after a sale are also tightly controlled. Even outside these marketplaces, sales is expanding into the realm of customer service. As some studies note, as many as 88% of online shoppers say they are less likely to buy from you if you’re not responding to complaints or…

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The Trifecta of Trouble and Growth The tumultuous nature of multichannel marketing is going to keep you on your toes to accomplish your core business functions. In e-commerce, that’s marketing to help people find you, actually capturing the sale, and then getting the product to customers on-time and in a way that they enjoy. By…

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The more places your company and products exist online, the easier it is for someone to find you and buy from you. That sounds amazing, but it camouflages the sheer amount of work it takes to keep your channels running and profitable. There’s a whole lot to discover for e-commerce and multichannel retail, and we…

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E-commerce businesses come with the benefit of global reach; however, there is also the need to give a local touch to your enterprise so that customers from different countries to warm up to you. Localization is essential for ensuring that you are able to customize your offerings for different markets within your overall global market….

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