How to Pick the Best Digital Wallet for your E-commerce App – Part 1

Amidst all of this, the digital wallet is one mode of payment process which is being used like hot cakes and everyone wants a piece of this cake. Jumping on this bandwagon are E-commerce companies. They are proactive in providing various modes of payment methods to the enhance the consumer experience. Today we bring you the important things that E-commerce companies need to keep in mind while integrating the best digital wallet into their E-commerce mobile apps.

Choose the Best Digital Wallet To Integrate

One of the biggest challenges is choosing the best digital wallet for your E-commerce app. There are various ways in which you decide which wallet suits your requirement.

Transaction Fees: Although a wallet is free for consumers, vendors charge merchants for wallets. Some wallet vendors decide for merchants to pay them a small percentage of every successful purchase directed through their wallets. In other cases, digital wallet vendors process the transactions between cardholders and participating merchants and charge merchants a flat fee. It is important to remember that choosing a payment solution provider that charges you a right fee is a key decision as it affects your business revenue growth.

In other cases, digital wallet vendors process the transactions between cardholders and participating merchants and charge merchants a flat fee. It is important to remember that choosing a payment solution provider that charges you a right fee is a key decision as it affects your business revenue growth.

Convenience: Choose a wallet that allows you to easily integrate into your current checkout without disrupting the payment processing. Apart from this, the digital wallet should also provide a frictionless experience to the consumer while saving all the payments methods, offers, coupons, loyalty memberships, gift cards, VIP statuses, shopping lists, preferences, transaction histories, etc.

We are awarding some of the best Human Resource Management Solution of the year along with other categories at the 3rd Indian ISV Awards 2018, an initiative from itVARnews (Techplus Media Publication) to acknowledge the best ICT Solutions by ISVs (independent software vendor), Systems Integrators, Solution VARs, and MSPs across India. To know more, visit the website now.(http://www.isvawards.itvarnews.com/)