Today, e-commerce is a key driver of the global economy. As consumer behavior shifted post-pandemic, leading to a surge in online transactions, the variety of payment methods has naturally grown to meet this rising demand.
Why offering variety of online payment methods is crucial for merchant’s growth?
Retailers need to constantly adapt and improve to meet the increasing demands and expectations of customers in the expanding e-commerce market. As cross-border e-commerce grows and payment preferences evolve, merchants with online stores must tailor their technologies and offer diverse payment options to cater to local market needs.
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 can reach billions of potential customers worldwide and locally through the following key payment methods available in the 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.
Summary
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
Have questions? We are here to help! Contact us or call us at +96656 06 24 773
By Zena Asfour
Regional Marketing and Communications Manager