{"id":798,"date":"2016-05-17T00:00:00","date_gmt":"2016-05-17T00:00:00","guid":{"rendered":"https:\/\/www.motionpoint.com\/?post_type=blog&p=798"},"modified":"2016-05-17T00:00:00","modified_gmt":"2016-05-17T00:00:00","slug":"the-importance-of-locally-preferred-payment-options","status":"publish","type":"blog","link":"https:\/\/www.motionpoint.com\/blog\/the-importance-of-locally-preferred-payment-options\/","title":{"rendered":"The Importance of Locally-Preferred Payment Options"},"template":"","blog_categories":[5,9,13],"resource_categories":[],"targeted_localized_audience":[],"document_categories":[],"class_list":["post-798","blog","type-blog","status-publish","hentry","blog_categories-international-business-strategies","blog_categories-marketing-strategies","blog_categories-motionpoint-news"],"acf":{"blog_short_description":"E-commerce companies win big when they support global customers' preferred payment platforms at checkout, writes a MotionPoint exec.","news_inline_styles":"","blog_video_id":"","article_body":"
\"\"<\/figure>\n

Charles Whiteman, MotionPoint\u2019s SVP of Client Services, recently shared a list of emerging global payment trends with readers of Total Retail<\/i>.<\/p>\n

When e-commerce companies support locally-preferred payment methods, they generate much higher traffic, conversion and revenue metrics, Whiteman said.<\/p>\n

For instance, \u201ce-wallet platforms represent an ever-growing sector in this space,\u201d he wrote. \u201cIn fact, Worldpay believes purchases made via e-wallet platforms will overtake credit cards in three years. Research suggests global consumers believe these PayPal-like platforms are more secure and convenient than credit cards.\u201d<\/p>\n

By combining MotionPoint\u2019s proprietary data (gleaned by operating more than 1,200 translated global websites) with third-party information, Whiteman shared locally-preferred payment options for several key global markets, including France. Germany, Russia and South Korea.<\/p>\n<\/p>\n

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