Mobile commerce or m-commerce is growing with rapid advances. Retailers need to make sure they’re equipped with the right tools that can help them attract new customers, as well as retain the existing ones. Mobile-first retail is vital to eCommerce success in 2018. Are you prepared? Do you need an instant approval merchant account?
This article will help you get answers to your questions.
Mobile Apps in eCommerce: What About an Instant Approval Merchant Account?
In 2018, an eCommerce app should be a vital part of your cross-channel retail presence. It can’t be just an optional add-on. The top eCommerce apps now serve as integral elements of larger marketing strategies.
You, as a retailer, should use apps to get closer to your customers. Mobile apps can help you provide a better experience. They get the hard-financial returns from higher average order value, lower cost to serve and new sources of revenue.
What about payment processing services? It’s critical to turn to a reputable processor to get approved for reliable and affordable services. Just turn to a payments expert in the UK to enjoy low-cost and secure merchant services, including an instant approval merchant account without challenges.
With the right payments specialist, you can enjoy free consultations. Also, you’ll be offered the most competitive rates, fees, as well as the most honest snapshot of the company at the time of writing.
Mobile Commerce in the UK
The shift to mobile brings about major consequences for retailers. According to AppAnnie, an app market data and insights company, the amount consumers worldwide will spend over mobile shopping apps will account for more than £82m in 2018.
According to Google and PayPal, by 2020, almost 2/3 of online retail (around £43bn annually) in the UK would be conducted via mobile. 4 in 5 transactions will involve a smartphone at some point in the purchase process.
In the next a few years, phone and tablet commerce in the UK alone is forecast to increase over 50%. According to a recent Deloitte mobile survey, 83% of people interact with their smartphone within the first 60 minutes of their day.
Author Bio: Electronic payments expert Taylor Cole is a passionate entrepreneur who also enjoys writing, playing guitar, and camping. BestPaymenProviders is UK’s best instant approval merchant account company, serving both traditional and high-risk merchants.