Innovative solutions for a cleaner and smoother shopping experience and increased revenue:- www.deekpay.com

Innovative solutions for a cleaner and smoother shopping experience and increased revenue

In today's age of e-commerce, providing a convenient shopping experience is critical to attracting and retaining customers. Here's a story about a consumer who could have become a loyal customer at your shop.

Tina is finally ready to buy a new smartphone after months of saving. She comes to your online electronics shop in the hope of finding a great deal. After browsing for a while, she decides on the ideal model she has in mind. Even though the phone is out of her budget, she expects to get an easy instalment plan. Excitedly, she adds the phone to her cart and heads to the checkout, only to discover that the offer doesn't support her preferred payment method. Disappointed, she leaves the site and may never return.

This is just one scenario in which you may lose a potential customer. If Tina would have seen the payment option when she selected the product, she may have been able to make a more informed decision. It also means your business can reduce cart abandonment and increase revenue. That's exactly what PayU's Affordability Widget can help you with.

What are "affordable gadgets"?

PayU recently launched the Affordability Widget as the latest addition to its Affordability Suite. The widget sits on top of the product page and allows customers to easily view all available offers, instalment plans and 'buy now, pay later' options without having to go to the checkout page to confirm that they are able to purchase the item.

How "Affordability Widgets" Can Help Boost Revenues

It's amazing how such a simple solution can solve major business problems such as shopping cart abandonment due to opaque offer information. "The Affordability Widget offers numerous benefits to both merchants and customers.

Benefits of the Affordability Widget for merchants

Today's customers are very wise and appreciate a diversity of options - both in terms of products and payment methods. Presenting these options clearly is just as important as having them. By using the Affordability Widget, you can:

- Increased visibility of offers and payment methods associated with each product

- Influence purchasing decisions from the product discovery stage onwards

- Branding at every stage of the buying process

- Increase revenue by reducing shopping cart abandonment and increasing sales

All of these factors play a key role in boosting revenue through transparency and trust.

Benefits of "affordability gadgets" for customers

Customers value the experience, often as much as the quality of your products and services. With the Affordability Widget, your customers can:

- Make informed decisions early in the buying process

- Easily purchase your favourite products with affordable options and flexible payment methods

- Enjoy a smoother shopping and checkout experience

Customers can quickly calculate instalments and interest rates so they can choose the best financing option for their purchasing power.

Try Affordability Gadgets to make a bigger impact on your business!

Now consider this, offering consumers like Tina their preferred payment method is a fundamental expectation today. Additionally, offering deals that make it easier for customers to purchase your products can significantly increase your sales.

PayU's Affordability Widget is a great solution to help you grow your business with minimal investment. By showcasing options such as cardless instalments, no-cost credit and debit card instalments and 'buy now, pay later' to increase the affordability of your products, you can easily boost your sales. You can integrate the widgets into your online shop using simple JavaScript-based code, customised to your brand. We also provide a detailed guide on Affordability Widgets and their integration.

Want to experience it for yourself? Click here for a quick demo.