{"id":10990,"date":"2024-03-13T09:00:42","date_gmt":"2024-03-13T01:00:42","guid":{"rendered":"https:\/\/qashier.com\/ph\/?p=10990"},"modified":"2024-04-02T15:44:56","modified_gmt":"2024-04-02T07:44:56","slug":"harnessing-the-power-of-personalized-payments-for-businesses","status":"publish","type":"post","link":"https:\/\/qashier.com\/ph\/blog\/2024\/03\/13\/harnessing-the-power-of-personalized-payments-for-businesses\/","title":{"rendered":"Harnessing the power of personalized payments for businesses"},"content":{"rendered":"

In our previous blog<\/a>, we talked about understanding customer payment preferences and how personalized payments can transform the overall purchase experience of your customers. In this blog, get to understand the benefits and discover how you can leverage personalized payment solutions to empower your business.<\/span><\/p>\n

The advantages of utilizing multiple personalized payment methods<\/b><\/h4>\n

The digital scene in Southeast Asia is flourishing, with countries like Singapore, Malaysia, and the Philippines leading in internet and smartphone penetration, <\/span>reaching over 90% of the population<\/span><\/a>. Cashless payments are on the rise, with <\/span>e-wallets projected to dominate by 2025<\/span><\/a>, as below:<\/span><\/p>\n

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Source: The Asian Banker<\/figcaption><\/figure>\n

Regionally, SMEs are the major driver of this growth, with<\/span> 75% actively adopting digital payment solutions and are now selling online<\/span><\/a>. This trend highlights the importance of offering a personalized online payment experience.\u00a0<\/span><\/p>\n

The perks of offering multiple personalized payments are not limited to customer satisfaction, but a wealth of benefits for your businesses. Here are tangible reasons to provide a variety of reliable local payment preferences that can boost your business’s profitability and improve overall efficiency.<\/span><\/b><\/p>\n

1. Better customer retention<\/b><\/h5>\n

How likely are your customers to become your brand advocates? The answer is when they have a positive shopping experience.<\/span> Personalized payment options are vital for fostering customer loyalty over your competitors:<\/span><\/p>\n