In March 2020, shopping cart abandonment worldwide by industry rate is 88,05%. We can see turning shoppers into paying customers can be incredibly challenging. Merchants spend a lot of time and money enticing customers to their sites, guiding them to products and make shopping experience better. But sometimes they still don’t buy. Meanwhile Magento is taking aim at shopping cart abandonment with its latest release of Magento Commerce, available today. So in this article, we will help you make the shopping experience better with Magento commerce.
ENABLE FASTER CHECKOUTS WITH AMAZON PAY
Magento Commerce now includes Amazon Pay, providing 300 million active Amazon customer account holders a fast and easy way to check out with Magento Merchants. Using Amazon Pay allows these shoppers to leverage the payment and address information already stored in their Amazon accounts to skip tedious tasks in checkout. Fully optimized for desktop, tablet, and mobile shopping, customers using Amazon Pay never leave your site, creating a streamlined experience primed for higher conversion rates. You also benefit from Amazon’s advanced fraud protection and payment guarantee policy, recurring payment support for subscription-based services, and multi-currency and cross-board processing for international sales expansion.
Amazon Pay option in the cart
OFFER FLEXIBLE PAYMENT TERMS WITH KLARNA
Another way Magento is reducing barriers to purchase is by including flexible payment options from Klarna. Their Pay Now offering allows customers to check out quickly and securely with direct debit or bank transfer in select European markets. The Pay Later option increases conversion rates by allowing customers to pay up to 30 days after delivery via invoice for a “try-before-you-buy” experience and extremely fast mobile checkout. And, their Slice It solution increases shopper purchasing power by allowing them to pay in installments at a low-interest rate. In fact, merchants see a 62%[ higher average order value for customers using Klarna credit solutions. You can easily configure Klarna to fit your checkout look and feel, shopping experience will be better and shoppers never leave your site during their quick application process. Klarna also assumes all credit and fraud risk and ensures you are paid for ordered goods.
Klarna payment options in checkout
You may like: STRIPE PAYMENT TO MAKE SHOPPING EXPERIENCE BETTER
Stripe payment by Amasty provides your customers with a safe and seamless payment experience and shopping experience as well. Let your customers pay via a wide range of payment methods with no need to implement a custom integration endpoint for each one.
Full Highlight Features:
- Provide your payments flow with comprehensive security, including 3D Secure support
- Benefit from the support of Apple Pay and Google Pay
- Offer real-time payments via automatic invoicing
- Efficient configuration management and flexible refund issuing options
- Adapt to different screen sizes (from desktop to mobile) and invoke the numeric keyboard where relevant
Benefit from Magento 2 Stripe Payment gateway – pre-built UI components that help your customers input their information quickly and correctly. While minimizing user errors and speeding up the checkout process, they help you avoid losing customers at the checkout step and, thus, increase profits. Then make shopping experience better.
Stripe payment pricing
ENSURE FAST, ACCURATE TAX CALCULATIONS WITH VERTEX
Transparency is key to reducing cart abandonment rates. Shoppers want to know exactly what they will pay—including taxes—right from the cart. But, accurately calculating taxes can be challenging.
That’s why Magento eCommerce now integrates with Vertex, a leading provider of tax technology solutions. With Vertex, you get automatic, real-time, and accurate sales tax calculations that take into account the latest rates and rules, product taxability status, and customer exceptions. It can easily handle tax calculations when coupons or promotions are present and for credit memos, too.
Beyond accurate calculations, Vertex also helps you to simplify operations with tools to generate and file signature-ready PDF returns in a timely manner.
Vertex automatically calculates taxes in the cart based on the customer’s zip code
OFFER COMPETITIVE SHIPPING OPTIONS
Transparency and choice apply to shipping rates too. With large online retailers setting high expectations around fast, low-cost or no-cost shipping, shoppers want competitively-priced options presented in the cart. That’s where Magento Shipping can help to make shopping experience better. Its easy access to multiple carriers and rates enables you to provide a range of shipping options that meet your shoppers’ delivery timeframes and budgets. Furthermore, Magento Shipping streamlines fulfillment and improves business efficiency by enabling your team to shop for rates across carriers, set up fulfillment automation rules, and handle returns, all right from the Magento Admin.
DELIVERY DATE & TIME: CUSTOMERS CAN CHOOSE THEIR PREFERRED DATE AND TIME FOR THEIR ORDERS.
NO MORE TIME WASTED staying at home to wait for deliverers since now customers can select a convenient time to receive their orders with the support of Magento 2 Delivery Dates and Time Extension by Magesolution.
HOW IT WORKS
- Enable clients to select shipping methods and their convenient delivery time and date
- Control what delivery information will be shown in the front-end area
- Support buyers to leave more specific delivery comments
- Select day(s) off which disables delivery
- Configure minimum and maximum delivery intervals
FACILITATING YOUR DELIVERY SERVICE BY
- Enabling customers to choose available shipping time and date for their orders
- Specifying a delivery schedule
- Excluding any particular days or hours for unavailable delivery
- Attaching delivery information to emails and printing order-related documents.
Delivery Date&Time pricing
DELIVER A BETTER SHOPPING EXPERIENCE
A final key ingredient in reducing cart abandonment is website speed. Faster performing sites have been proven to deliver higher conversion rates and more repeat purchases. The latest version of Magento Commerce continues to optimize the shopping experience. It delivers quicker image loading, 36% faster response times for popular search results, and a wide range of quality enhancements.
More guides about website speed you should know:
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