Blog: group payments
How to Increase Magento Store Conversion Rates with Group Payment Options
At least once in your lifetime you’ve participated in a social event, which required fundraising. For example: sports tournaments, weddings, family holidays, camping trips, etc. In these scenarios, group payments are a perfect example of how eCommerce can change the way people interact with each other. It offers convenience and flexibility, which allows people to actually advance towards their common goal.
What’s in it for your business? The additional value and convenience brought in by the group payment options can attract more clients to your business and even sell more of your goods and/or services by letting more people pay for them.