Payment Options

There are so many different shopping cart providers today, how do you know what to look for when selecting one? The answer ultimately lies in knowing which software will adapt and grow with your business best. As I see it, there are five absolutely critical things that must be considered when setting up an online store and selecting an online shopping cart:

Billabong is a global omnichannel retailer of surfwear and extreme sports apparel that has a presence in more than 100 countries, including 110 brick-and-mortar stores in the U.S. With its extended reach and strong international customer base, Billabong frequently saw customers from around the world shopping in its U.S. stores. To provide these international customers shopping in the U.S. as seamless an experience as possible, Billabong recently installed a "Pay in Your Currency" payment solution in 85 of its stores across the country.

Uniqul, a Finnish startup, has patented and tested a unique payment system that does away with many security worries about paying for items in a store. In Uniqul's system, your face is your PIN. The company is going to roll out terminals in the Helsinki area soon. The actual mechanism is as simple as it sounds: To confirm a transaction at point of sale, the user simply has to present their face to the camera, watch for their

In 2011, PayPal debuted PayPal Access, a payments identity technology that allows you to carry your payments identity to various retailers on the web. It's essentially a cross between Amazon.com's payments platform and Facebook Connect. Yesterday, PayPal announced a new name for the product, Log In With PayPal, and added a number of new features, including mobile support. With Log In With PayPal, instead of signing up with a specific retailer's credentials on a site, you sign up with your PayPal account, which would include all of your financial, shipping and billing information, as well as your purchase history.

What do you do when thousands of mobile industry leaders from around the world get together in one place? You take their collective pulse with a survey, of course. This was the third annual Sybase 365/SAP Mobile survey of the operators, fixed telco providers, over-the-top players and other industry execs at the GSMA Mobile World Congress in Barcelona. 

eBay buyers reported yesterday that when they attempted to pay sellers for their eBay purchases, PayPal charged their accounts multiple times. The glitch also affected the PayPal IPN (Instant Payment Notifications) on merchants' own websites. The glitch...

If you have an online catalog or e-commerce site, you already know that a critical aspect of conversion optimization is reducing your cart abandonment rate. According to comScore, 67 percent of shopping carts are abandoned just before the purchase is made. If your site stats are similar, that means 67 percent of the money you've put toward getting traffic to come to your site has gone to waste. It also means you have a huge opportunity to improve your profitability simply by addressing these three common reasons shoppers bail.

Is Best Buy's gain Amazon.com's loss? An article/discussion last month on RetailWire explored the reasons behind Amazon's continued sales growth in states even after it has begun to collect sales tax. Now, a Best Buy financial report shows that while its physical stores didn't get a huge boost in states where Amazon has started to add sales tax charges to purchases, its website has seen a pickup in sales.

Wal-Mart Stores may be facing sizeable fines related to allegations of widespread bribery at its Mexican affiliate, after a second report from the New York Times provided more details about the scope of the potential...

What shoppers seem to want most this holiday season is free shipping. But at what cost? Before the end of 2012, about 90 percent of retailers say they will offer free shipping, according to Shop.org, the website of the National Retail Federation trade group. But that kind of near-universal acceptance leaves a lot of room for variety.