It’s true: most customers are still shopping until they drop. But another sentiment also remains true — shoppers are seeking more from the shopping experience. And diversified payment options are at the top of the list. Square data found that 39% of retailers say they need to provide more payment options like buy now, pay later to better compete in today’s retail marketplace.
Buy now, pay later options offer flexible payments for customers making it easier for them to stretch their dollars, but other payment options like contactless payments are also top of mind for customers due to ease of use. But beyond these payment types, there’s more to explore. Expanded payment options like peer-to-peer payments, Bitcoin, and more are gearing up to take center stage, and retailers must be prepared.
Dive into this guide to equip yourself with all of the information and tools you need to set your business up for success.