Paylobby, a young startup founded in Munich offers an online portal for comparison of payment providers and inquiries. With this tool, you want to help the ecommerce business to optimize its payment systems for the needs of its customers, while also reducing its online payment costs.
According to Roxane legare, developing manager of international trade the Paylobby, more than a thousand ecommerce businesses have made profits thanks to the services of Paylobby, which was launched in 2016. These online retailers have entered their requirements in the comparison tool and have received a list of payment services which is the most appropriate to your needs.
The online tool offers more than 450 different payment service providers. Online retailers receive a recommended selection after having chosen the desired payment type, your industry, country and ecommerce software. According to Julioa Houben, questions related to country focus, risk and fraud, reported options and other services have been answered.
The company puts first the importance of having a good payment method in your online store. The idea of having several online payment services will be very useful, since if a customer wants to pay with a not so common method this will be very accessible and simple when he wants to buy a product. Online merchants should try to optimize their services and their payment methods, since these payment methods will define how accessible they are with the client, which will give them more confidence if their payment services are easy, simple, fast and accessible. The simpler and faster you can order something the better and the more payment options there are, the better.