Paul specializes in building relationships and educating a wide demographic on Nuvei's competitive advantage with specific focus on high volume accounts’ payments processing. He helps merchant resellers and payments industry professionals capitalize on opportunities with high volume or hard to place accounts and overseeing the full sales cycle from prospecting through onboarding.
ECommerce is going to keep growing. We all know this. The question is how it will grow from here. After all, success in eCommerce requires more than putting a website up; it demands you approach your online sales in the most effective way. Understanding these trends will help you take the next step in your eCommerce journey.
ECommerce gives you the ability to reach customers across the globe, but they must be able to purchase from you with ease, in the payment type, currency and language of their choice. Working with a payment processing partner capable of taking all these forms of payment is a must.
ECommerce is expected to grow in 2020, and with growth comes greater competition in the eCommerce space. The right site can help make the difference between exciting growth and flailing in a suddenly huge pool of competitors. Scrutinize the following components carefully to help determine which eCommerce site is right for you.
Many business owners hesitate to move into a heavy eCommerce focus in part because of concerns over fraud. They fear it is too easy to use a stolen card, which leads to chargebacks and other cash flow problems. Fortunately, you can take steps to prevent and reduce fraudulent purchases. Implement these practices immediately to protect yourself against fraud.
The events of 2020 are accelerating a movement already underway: pushing parts of the workplace online. ELearning has taken on new urgency for employers. Building out your capabilities in that area can help you prepare your team and your organization to grow into the future.
The economy runs in cycles. At some point, whether due to mysterious market forces or a worldwide pandemic, people will lose jobs or start spending less money. Most businesses, though, can't afford to stop bringing in revenue during these times. You need to keep paying the bills and pay your staff during the lean times so you remain ready for the next boom.
Accepting online payments is critical for almost any business today to thrive. Still, if you do not focus on security, taking payments opens you up to liability and business risks. To lift your business responsibly, you need to take these five steps to protect both yourself and your customers.