BLOG

E-commerce, which eliminates borders while shopping and offers a rich product variety to users in a practical way, continues to appeal to more and more users every day. Especially with the covid period, when consumers gained new shopping habits, e-commerce has come to a stronger position. Many companies, large and small, that previously made physical sales, switched to online shopping and stepped into the digital market. With these developments, ın 2020 global e-retail sales grew % 27.6. According to worldwide research, retail e-commerce volume is expected to reach 6.5 trillion in 2023.

Payment methods, which are one of the most important parts of the e-commerce sector, which will continue to grow with rapid acceleration, have become one of the main reasons for customers to choose a particular brand. Within the scope of differentiating e-commerce trends, international online sales opportunities are diversifying thanks to the payment systems used internationally. In this article, we would like to talk about payment methods used internationally for those who sell their products internationally, who need alternative payment systems that they can use between different countries, and who want to expand their borders. Let's start with Stripe, one of the most used payment methods.

E-commerce Payment Systems: Stripe

Stripe, American-based financial services, and online payment system was founded in 2010 by Irish entrepreneur brothers John and Patrick Collison. Stripe, one of the best online payment platforms with its strong infrastructure for marketplace platforms, e-commerce sites, and online export transactions, is among the most valuable private companies of today.

This payment method, which provides services in 44 countries; allows you to receive payments from your customers in different countries, including Visa, Master Card, American Express, Discover, JCB, Diners Club, China, and UnionPay.

Stripe Advantages for E-commerce Websites

We can list the advantages of Stripe, whose biggest advantage is that it allows the user to stay on your site instead of being directed to another site while paying;

• No setup costs or monthly fees

• Practical and fast integration

• Offering virtual pos

• Opportunity to establish a company in the USA

• Free easy-to-install API support for e-commerce sites

• Opportunity to offer discounts and coupon codes to your customers

• Increasing conversions rate thanks to a seamless checkout experience

E-commerce Payment Systems: PayPal

Another payment method that is as popular as Stripe and has a wide range of usage is Paypal. PayPal, one of the most well-known virtual payment methods used internationally, provides services in more than 200 countries/regions. With this payment system, where you can create an account for free, you can carry out your transactions practically without commission.

Thanks to PayPal, which allows you to pay securely online without using a credit card, it is possible to complete your transactions via just an e-mail. Your e-mail account, which you sign up for free, also creates your account number. You can receive or make payments using multiple currencies such as Dollar, Sterling, Yen. PayPal has fixed fees per transfer and different commission rates depending on business accounts.

PayPal Advantages for E-commerce Websites

We can list the advantages of PayPal, which is one of the prominent payment methods with its practicality of installation and reliable infrastructure based on many years, as follows;

• Practical installation advantage for e-commerce sites,

• No monthly fee,

• Financial information is under reliable protection,

• Easy and practical use

• Solving problems with orders thanks to buyer protection

Another alternative payment method you can use on your e-commerce site is Apple Payment. So what are the features offered to you with Apple Payment?

E-commerce Payment Systems: Apple Payment

Apple Pay with mobile payment infrastructure is frequently preferred for online shopping with NFC type contactless payment system. Offering a practical and secure payment service, Apple Pay allows you to perform contactless transactions thanks to the NFC support on your devices such as iPhone and Apple Watch. Users can perform their transactions by adding their credit or debit card information to the system via the online application. Apple Pay, which can be a good alternative to existing payment systems, continues to expand its usage area with its features that make daily life easier.

As Saruhan Web Agency, we design e-commerce sites with original design and strong infrastructure. We are at your service with our expert team in the integration of alternative payment methods such as Stripe, PayPal, and Apple Pay. By planning the most suitable payment methods for your company profile and e-commerce site together, we enable you to offer your customers safe shopping opportunities. You can contact us for all your e-commerce ideas and web based needs.

Songül Gamsız songul@saruhanweb.com