Payment processors?

[Kerwin]

Are you implying that Paypal reduces checkout friction?

To pay by Paypal, I have to login to Paypal, that's an email address, password and 2FA, confirm the details in Paypal, click pay. Sometimes you're done at this point but other times you are then returned to the checkout to select shipping and confirm the order on the sellers site.

To pay by credit/debit card, I type in a single password for my 1Password, my card details are auto populated and I click submit.

But really, As I have said earlier and also backed up by @japancool, I have never abandoned a checkout because somebody doesn't accept Paypal or any other payment method.

Why on gods earth would I abandon the checkout go and find another supplier who sells the same thing, add the item to the cart and start the checkout process again, when I can just (at the very worst) type in my card details.

I always pay with PayPal if available. That way, when my credit card expires, I only need to change my payment details in one central place rather than multiple locations.

Also, sometimes I don't pay directly with a credit card if I think a particular website looks dodgy.

 

[DontAsk]

I no longer accept Paypal and I've seen no decline in business.

Nor can you see that you may have missed an uptick in business

 

[japancool]

Also, sometimes I don't pay directly with a credit card if I think a particular website looks dodgy.

I prefer to assume my site visitors don't think my site looks dodgy.

 

[Kerwin]

I prefer to assume my site visitors don't think my site looks dodgy.

Sorry. Dodgy was the wrong word. One that I didn't want to save my credit details for a couple of transactions. If I were to make multiple purchases over a year or so, I would use my credit card, but if it were one off, I wouldn't.

 

[Elliott Coleman]

Sorry. Dodgy was the wrong word. One that I didn't want to save my credit details for a couple of transactions. If I were to make multiple purchases over a year or so, I would use my credit card, but if it were one off, I wouldn't.

Other than Amazon, I NEVER save my credit card details on any website. It's just not that much of a hassle to type them in.

Not only but sites where you DO store card detail probably know your new card details before you do.

 

[Elliott Coleman]

Nor can you see that you may have missed an uptick in business

Come on, really?

So what you are suggesting is that we should accept credit/debit card, american express, paypal, apple pay, Amazon pay, Android pay (or whatever it is they use), Klarna, etc etc etc. just incase we miss an uptick in business.

Honestly, if a customer wants to leave and buy elsewhere because I don't accept Paypal then that's fine. I'm just not that desperate for their money.

Just look at Amazon, what payment methods do they accept? Are they wrong?

 

[DontAsk]

Not only but sites where you DO store card detail probably know your new card details before you do.

I've never found that. They do flag that the card has expired but they never have the new card details.