Dear Ifran,
Please elebrote your query, which kind of sales, and which kind of payment methods you are using?
Regards,
Abid Masood
Hi Abid, thanks. It would be within ecommerce.
Hi Irfan,
You can use : Credit Cards, Debit Cards, Direct Debit, eWallets, Bank Transfers, Cash & PrePaid Vouchers, depending on the market and customers for ecommerce.
If you’re talking about (more or less automated) sales to the public, then Yes! One of the biggest hurdles can be that you don’t offer a payment method that is convenient for the potential buyer. Many countries have their own favorites. For instance, if you’re serious about selling to Sweden, then you might consider tapping in to Swish, a system for immediate bank transfers between customers of some of the biggest banks in the country.
In business to business we found cash businesses adding credit and debit card transaction capability added 35% to sales volume.
Which sector and whay payment mode, for Kenya and Largely Africa switch to Mobile Money and wallets
Retail and restaurants in urban areas. Example: New York City and Newark, NJ
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