Nowadays e-commerce is the vital spark of the global economy, given the customer behavior shift after the pandemic driving increasing demand for online transactions globally, the number of payment methods is naturally expanding as well.

Why offering variety of online payment methods is crucial for merchant’s growth?

Retailers must continually refine and work hard to meet the ever-growing customers’ requirements and expectations to gain a piece of the growing e-commerce market pie, as the cross-border e-commerce opportunity is expanding, the shift in global and local payment preferences is pushing merchants with online stores to customize their technologies and provide more payment methods to meet the demand of each of their local markets.

To help global merchants be up to date and match the growing market demand, Telr Payment Gateway helps in building connections that remove fragmentation in the e-commerce ecosystem by offering the latest tech-based highly demanded payment methods in United Arab of Emirates (UAE) and The Kingdom of Saudi Arabia (KSA) such as Buy Now Pay Later (BNPL) in addition to the global and local popular payment methods, which in turn enables their customers reach new customers, increase their revenue, and presence across the globe, that is executed via a single integration.

Telr merchants are given access to billions of potential customers globally and locally through the below key local payment methods in UAE and KSA:

UAE’s Market:

Visa, Mastercard, American Express, PayPal, UnionPay, Apple Pay.

KSA’s Market:

Mada, Visa, Mastercard, American Express, PayPal, STC Pay digital wallet Apple Pay.

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Conclusion

One size offering fits none, thus customization to ensure customer satisfaction is an important step towards expanding a business online. Given that local payment methods have always been key for growth in many countries, being the most preferred methods to use by the local community, therefor the rule is simple, the more payment methods offered the higher the conversion rate achieved, and we at Telr we always make sure to provide our customers with the most trusted local and global payment methods available coupled with the latest technology. For more information, please contact us Telr the best payment gateway in UAE | Accept payment online

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