Half of shoppers ditch online retailers due to poor payments processes, new report finds

About 40% of shoppers are ditching checkouts with poor payments processes, according to research published today by Vyne, the specialist account-to-account payments platform. Its new report, ‘Retail payments reinvented: how consumer demand is changing’, has found that hidden charges, slow speeds, website failures and lack of security are frustrating online shoppers into abandoning their purchase […]