Ecommerce: optimize the online payment experience

Montag 28 August 2023 
Elsa Benaiche Elsa Benaiche
3 Minuten
Ecommerce: optimize the online payment experience

The online payment experience is critical. It is « the key element in the customer journey1 ».

To make this experience as good as it can be, you need to know what shoppers want in terms of payment options: varied payment methods, installment payment, quick and easy checkout process… and strive constantly to meet these demands.

Businesses making these efforts can increase their conversion rate by 35%2.

Read just how important the payment experience is in the customer shopping journey and our tips for making it as good as possible.

New call-to-action >

The importance of the online payment experience

Shoppers have high expectations when it comes to making a payment. They want the process to be quick, frictionless, practical…

If your payment system doesn't deliver, they won't hesitate to abandon their purchase3, or look towards your competitor.

To avoid this, it is crucial to optimize the payment process4 for shoppers and to remove any potential friction: necessity to create an account (37%5 ), lengthy process (28%5 ), lack of confidence in the payment process (19%5)…

Our tips for optimizing the payment experience

Offer a variety of payment options

Shoppers tend to have preferred payment methods and 59% of shoppers6 who don't find theirs among your options will abandon their shopping cart.

Providing a variety of payment methods

To avoid this, businesses have to provide a variety of payment options including digital wallets7 (e-wallets) for example: PayPal, Google Pay, Apple pay… They are becoming increasingly popular among shoppers and represent 49% of global eCommerce payments7.

Providing a variety of payment methods is essential and for 40% of shoppers8 it also inspires confidence in your business.

Installment payments

In today's context of inflation, paying by installments is increasingly popular: 90% of shoppers9 are more likely to repeat a purchase on an eCommerce site if they can pay in 3 or 4 installments.

To make this possible, businesses have to integrate installment payment possibilities in their eCommerce site and use payment solutions that include the option to « pay by installments » such as PayPal Checkout10. They should also communicate and add web banners to indicate this option.

The possibility to pay by installments is fundamental as 48% of shoppers11 use this solution to make purchases that don't initially fit into their budget.

Simplify the payment process

Shoppers are increasingly impatient and expect to experience an easy, frictionless, and speedy checkout. 21% of shoppers12 have already abandoned an online shopping purchase due to a complicated payment process.

To make this simpler, businesses should provide a « guest mode » option to avoid shoppers from having to create a customer account: 30% of shoppers13 will abandon their cart if they have to create an account for their purchase.

Shoppers should also have access to simplified and speedy payment options such « One Click » payment which saves the client's payment information14 during an initial purchase (tokenization15) to avoid them from having to reenter their data for subsequent purchases. This payment method can increase a business's conversion rate by 5%15.

Reassure shoppers

When shoppers buy online, security plays an important role in the process. 64% of shoppers16 are more likely to buy from a business that stores their payment information safely.

This means that businesses must reassure shoppers as much as possible: activate the HTTPS protocol, apply strict rules for passwords, limit the number of authentication fails, provide various verification methods (SSO, 2FA, OTP…)…

They should also clearly display the icons of the accepted payment solutions: Visa, Mastercard, Amazon pay… to enable shoppers to quickly visualize their options before completing the payment form. Over 80% of shoppers17 say that this is important to them.

Provide a detailed payment page

payment page

The payment page is important for consumers. It is the final stage18 in their shopping journey.

To inspire confidence it should be clear, precise, and detailed19 and inform shoppers about prices, shipping costs, product returns policy… Lack of clarity19 in this information is one of the main reasons for cart abandons. This page should also clearly present a summary and full price of the purchase. 21% of shoppers20 will abandon their cart if this amount is not clearly presented.

To take it further, a business can use a PIM (Product Information Management) solution. With a PIM you can design high quality payment pages providing all the information shoppers expect to find, and manage this information as needed: prices, special offers, product returns policy… With PIM a business is equipped with a tool to present shoppers with content that is rich, detailed and up to date before they complete their purchase.

New call-to-action

1 Le paiement, le nerf de l'expérience client. (2020, March 10). Les Echos.
2 Reasons for cart abandonment – Why 68 % of users abandon their cart. (2016, September 21). Baymard Institute.
3 Rosso, S. (2023, March 7). E-commerce : quatre leviers pour optimiser votre expérience de paiement. Siècle Digital.
4 Brand Voice. (2022, March 21). E-commerce : les enjeux du paiement en ligne.
5 Abandon de panier : comment y remédier ? | Kameleoon. (2018, February 20). Kameleoon.
6 3 astuces indispensables pour réduire vos taux d'abandons en ligne. (2018, January 16).
7 Adyen France. 5 conseils pour optimiser votre checkout.
8 Most Popular Online Payment Methods.
9 E-Commerce Nation. Achats en ligne : Comment se comportent les consommateurs ?
10 Guenro, A. (2020, June 5). Paiement en plusieurs fois e-commerce : Définition, Guide complet & solutions. ECN | E-Commerce Nation.
11 Caporal, J. (2023, August 3). Study : Buy Now, Pay Later Use declines for third straight year.
12 Osman, M. (2023, March 16). Comment réduire l'abandon du panier d'achat sur votre site eCommerce.
13 Benamran, M. (2023, June 29). Nos conseils pour optimiser votre checkout.
14 Blondel, C. (2020, July 7). Implémenter le Click & Collect : le guide des bonnes pratiques.
15 Lyra. (2020, December 7). Comment limiter les abandons de panier au moment du paiement ? ECN | E-Commerce Nation.
16 Chevalier, S. (2023, May 3). Consumer Attitudes on Online Payment Security Worldwide 2022.
17 E-Commerce Nation. Comment se comportent les consommateurs lors de leurs achats en ligne ?
18 Jehanne, M. (2021, October 19). Page de paiement : 5 façons de l'optimiser et d'augmenter la conversion.
19 SaleCycle. (2020, January 30). Remédier à l'abandon de panier grâce au marketing comportemental.
20 Amazon Pay. (2020, February 5). 10 moyens de réduire l'abandon de panier sur mobile.

Lesen Sie auch
Ecommerce: 6 tips for avoiding cart abandonment

Ecommerce: 6 tips for avoiding cart abandonment

Cart abandonment is a frequent occurrence on eCommerce sites. Discover our 6 essential tips for avoiding cart abandonment on your eCommerce site.

M-commerce: 6 essential tips for making it work for you

M-commerce: 6 essential tips for making it work for you

In 2021, M-commerce represented 72.9% of eCommerce sales around the world. Read our 6 fundamental tips for implementing an effective M-commerce strategy.

Conversational Marketing: definition, benefits, and implementation

Conversational Marketing: definition, benefits, and implementation

Customize messages, provide 24/7 availability, maintain brand consistency… Read the definition of conversational marketing, the benefits it provides, and our tips for getting the most out of it.

Bleiben Sie informiert
Geben Sie Ihre E-Mail-Adresse ein und erhalten Sie unsere aktuellen Informationen und neuen Veröffentlichungen direkt in Ihrem Posteingang.
Durch den Klick auf „Abonnieren“ akzeptiere ich die Datenschutzrichtlinie von Goaland und dass meine Daten im Rahmen des Newsletter-Versands benutzt werden.
Ihr Abonnement wurde registriert