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In the highly competitive world of e-commerce, offering customer flexibility is key to success. While some merchants may think of flexibility as accepting multiple card vendors or providing several shipping options, diving even deeper into payment solutions can be the difference between clinching a sale and cart abandonment. Particularly, offering new payment options like Buy Now, Pay Later (BNPL) is a growing trend especially compelling to Millennials and Gen Z.
When it comes to completing checkouts, speed and efficiency are of critical importance. Currently, the general industry-wide cart abandonment rate sits at 70 percent. This means every additional step and friction point could be the barrier that sends a customer away from the final conversion.

Elevate Your eCommerce Store Today: Discover the Ultimate Payment Plugin!

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