Want to know a secret to success? You’re losing 1 in 5 customers without this.

Want to know a secret to success? You’re losing 1 in 5 customers without this.

20th January 2015

Give your businesses an average 31% increase in sales…However you do business, PayPal gets you paid.

As one of the largest online payment processors in the world, PayPal is rising to prominence through its partnership with eBay online merchants. It has become a dominant method of payment. PayPal has proven to be secure, quick and flexible and there are many reasons why implementing it is a MUST.

We have many clients that have seen the benefits, including 20% less online cart abandonment after implementing PayPal. Another leading retailer has over a third of their transactions now processed as PayPal. Have you analyzed your online shoppers habits to determine if PayPal can boost your sales?

Below are some comments from our clients demonstrating how vital the PayPal service has been to their business:

  • Lakeland Limited: “PayPal has quickly become a very popular payment method for Lakeland customers with a significant pro- portion of our online orders paid for this way, particularly for the growing number of customers shopping on tablets and smart- phones.”
  • L.K. Bennett: “We introduced PayPal after seeing that a significant number of our customers were already browsing and purchasing via their mobile browsers and in particular via their iPhones. It has proved to be a successful payment method for customers who are using the service more and more every day.”
  • Jacques Vert Group Limited: “PayPal is a hugely conveni- ent payment method, which is clearly continuing to grow in popularity. One area we have not yet been able to quantify, but believe we will see a benefit, mobile/tablets – the PayPal journey on these devices is simpler, more convenient and quicker for customers to get through checkout and my expectation would be this is where we will see the biggest change in PayPal usage by our customers”.

If you would like to increase the traffic to your website and decrease cart abandonment by up to 20%, PayPal is a quick and easy way to do so whilst delighting your customers and generating more customers as it has for many other leading retail brands.

 

Top PayPal Tips:
In addition to what our clients think, MNP strongly suggests PayPal should be a top priority on your implementation list this year, here are a few more reasons why:
1) Credit Card Security – Reduces your PCI scope while also giving the consumer peace of mind.
2) Flexibility – It gives consumers choice.
3) Convenience – Their mobile apps and simple online interface are easy for consumers to use.
4) It is less than 1k to set up the MNP PayPal + service and for that you should expect to see at least 20% growth on sales YOY.
5) Marketing Opportunity – Using MNP’s payment method marketing

 

Save yourself time and money.

By utilizing our integral add-on modules. Seamless integration allows for a hassle-free system update that provides results for your company immediately. Elevate your brand today.

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