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Poor payment experience driving customers to shop elsewhere, research says

By Puja Sharma

April 01, 2022

  • Advanced Payment Method
  • AI
  • API payments
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Frustrations with card payments, such as slow authentication checks and concerns around fraud, have left luxury retailers seeing a dramatic increase in basket abandonment. In an average week, 19% of individuals from higher-income households abandoned their basket at an e-commerce checkout. Report finds luxury shoppers are turning their backs on brands due to security issues, […]

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