5 Ways To Save Money On Your Ecommerce Business

No matter whether you’re a first time merchant who’s just starting an online store or a seasoned seller that’s currently running your own successful online business, saving money should be a priority.

Here are 5 ways to save money on your ecommerce business that every seller should consider :

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Apple Pay Rocks Digital Wallet Market

Payment pioneer PayPal got their world rocked with the launch of Apple Pay recently. Bundled with the new iPhone 6 and iPhone 6 Plus, Apple intends to make headway into the payments industry by offering a smooth and easy way to pay for stuff at a touch of a button. Apple is currently working with Stripe and is aggressively signing up with banks and card issuers like Visa and MasterCard in the States before expanding to other countries.

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Amazon Local Register Bumps PayPal

Amazon recently launched its own credit card reader and app called Amazon Local Register. Good news for local businesses that are located  in the States.  Amazon is charging a flat rate of only 1.75% per payment compared to the 2.7% that PayPal is charging. The flat rate is available until 1st January 2016 provided merchants sign up by 31st October 2014 to take advantage of this special offer.

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Tired Of Shopping Cart Abandonement By Shoppers?

We’ve all gone through it. Before the final payment page we chose to abandon the shopping cart. What triggered it? Shipping rates too high? Additional tax? I usually enjoy shopping online for the best deals but the nightmare usually hits when I see the shipping charges. If the charges were reasonable, I wouldn’t mind paying and completing the checkout process. But when shipping costs more than the product itself or looks totally unreasonable, I confess I’m one of those who would gladly abandon the cart or abort the order. Any buyer would do the same.

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