So you want to expand your e-commerce abroad? Great!
You've checked (and met) local regulations, you've translated all your product descriptions and you're ready to take off.
But after a while you realize, that sales are not as good, as you have expected. And analytics show, that your potential customers stop on the payment page of your shop.
That might be because your usual payment provider is not well known in the new country you are operating.
After all American Express, a payment provider wildly popular in the States, is virtually unknown in many parts of the European Union.
But how can you find popular payment providers on a specific market?
Luckily, ShopRank has it covered!
Checking real data regarding payment providers is really easy with ShopRank and you can do it in three ways.
After log-in on your ShopRank account, click on the Market Share drop-down, which is located on the upper right side of the menu. Select „By payment providers”.
In this view, you can see in which country a given payment provider is popular.
After log-in on your ShopRank account, click on the Market Share drop-down, which is located on the upper right side of the menu. Then select „By countries”.
In the next view select the country you are interested in.
In the next view, you'll see the information you are looking for in the „Popular payment providers” row.
After log-in on your ShopRank account, in the Explore view, select country in the HQ Country drop-down in the left sidebar.
Next click on the Payments drop-down, where you can find a list of the payment providers popular in selected country sorted by their popularity.
Thanks to these easy methods you'll always find the most relevant information regarding payment providers in a given country which will greatly improve your decision-making process.
Main image source: Flickr/Got Credit