Fundamentals for selecting eCommerce Payment Options
As an eCommerce merchant or professional you need to be well versed in the options, capabilities and limitations of payment options you can make available to your customers. Doing business online means you have the capability to accept payments, but being able to accept payments isn’t enough. You also need to make sure the payment options you make available are the right payment types your customers will demand, if you want to maximize your potential for sales conversion in the online channel.
The days of only accepting credit card payments are long gone. Customers are demanding more choices and the payment options they demand vary greatly from country-to-country and market-to-market. This course and accompanying white paper are designed to provide you with the knowledge you need to evaluate your businesses needs, along with what the market offers in terms of payment options, to ensure you can make the right choices for offering payment options now and into the future of eCommerce, mobile and Customer Not Present (CNP) payments.
The white paper included with this course was last updated in June, 2019.
This course was last updated in June, 2019 to reflect changes in the alternative payments landscape and to include the most recent estimates and forecasts for eCommerce retail growth and the market share of different alternative payment methods in various regions and countries. This includes recent consolidation and rebranding of specific alternative payment providers as well as eCommerce volume and market share estimates from year-end 2018 and forecasts through 2022. Now offered in HTML5 and compatible with all mobile devices.
Key Concepts Covered:
After completing this course you should be able to answer and discuss the following questions:
(1) What are the possible ways consumers can pay for their purchases online and how are consumer online purchasing preferences changing? (2) What is the market opportunity and eCommerce volume across different regions and some of the largest eCommerce markets or countries? (3) How are eCommerce payment options grouped and what are the respective mind shares and market shares of these groups? (4) Who are some of the major players in the alternative payments space, what groups do they fall under and what markets do they serve?
Training Objectives: (1) Gain a basic understanding of the many ways consumers can pay for their purchases online and the volume or market share across these payment types globally. (2) Understand the differences in eCommerce payment preferences across the largest eCommerce markets. (3) Identify the eCommerce alternative payment methods and how they are categorized. (4) Discuss the major alternative payment providers that exist today, how they are grouped, their mind share and their market share.
Expected time to complete training: 180 minutes (includes quizzes and exam)
Prerequisites: This is considered an Introductory level course and requires no previous knowledge or training on the subject matter.
The Fraud Practice's Online Portal and Training Courses:
Enroll Now for $800 This training course is available online and can be started today.
Enrollment is easy and takes just a few minutes. You'll first need an account in our online training portal which can be created here. This free account can then be used to register for any of The Fraud Practice's online training courses or certification programs. With lessons available online 24x7, you are able to begin the Fundamentals for Selecting eCommerce Payment Options online training course immediately after enrolling.
Course Access: Unrestricted
Course Availability: Online, In-House and Webinar
We Want 100% Satisfaction: There is nothing worse than signing up for training only to find out that it wasn't on the topic you expected, or it wasn't advanced enough to provide value. If you have any doubt about the fit of a course to your particular needs, please give us a call. We will be happy to discuss the course, and to provide a more detailed overview on the content to ensure you make the most of your training dollars and time.
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