Skrill . A globally established. Digital payments brand that is part of paysafe . A global payments platform. Asked itself this. Question when it commissioned a study by sapio research in october 2023. The aim was to explore the change in consumer spending behavior and their attitudes. Towards payments. 14.500 consumers were interviewed in europe. Including 1.002 in italy . North america and latin america.
The first piece of data that emerges for italy is the confirmation
That the final purchase phase is a crucial moment for the poland whatsapp number data experience of italian consumers: 54% of those interviewed would abandon a purchase if they were faced with complications at the time of payment.
The study also found that offering a wider
Range of payment options is now ai in generating compelling article titles: the art of capturing readers’ attention critical for both large and small online businesses. Despite the continued popularity of traditional. Payment methods such as debit cards (54%) and credit cards (54%) for holiday. Shopping. The results showed a notable shift towards alternative payment methods . For example. 56% of italian consumers prefer digital wallets for online holiday shopping while 37% regularly use bank transfers and 23% adopt online cash payment solutions . Also known as ecash.
Rising living costs are impacting spending habits. How are payment 82% of italian consumers plan to change their spending this holiday season. In line with the global average. With tighter budgets. 33% of italian consumers plan to spend less on gifts. 14% less on food and drinks (versus 22% globally). And 14% will spend less on socializing and entertainment during the holiday season (versus 19% globally).
While 22% of italian respondents said they plan antigua and barbuda business directory to take advantage of seasonal offers to manage their budget. Only 16% said they had prepared for the rising costs of the holiday season by saving since the beginning of the year.
How are payment
Commenting on the research. Rob gatto . Chief revenue officer at paysafe . Said: “there is more competition than ever among retailers to ensure they are the final choice for consumers’ purchases. Merchants that offer multiple payment methods and a simple. Straightforward checkout experience will make the difference. Reach new audiences and increase conversion rates.”