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Glossary

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Payment methods in e-commerce refer to the various ways customers can pay for products or services they purchase online. Offering a variety of payment options is crucial for e-commerce businesses to accommodate the preferences and needs of their diverse customer base.

Related Glossaries

Cart Recovery Rate

Abandoned cart recovery rate is the percentage of people who returns back to complete their purchase after abandoning their cart. Sellers using email, whatsapp, messages can send reminders and discounts to customers to entice them to complete their orders

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RTO in transit

The RTO shipment is currently in transit back to its origin.

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credit card

Credit card payments are one of the most widely accepted and used payment methods in e-commerce. Customers can enter their credit card details, including the card number, expiration date, and CVV code, to complete a transaction.

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Tracking page

This is a webpage or interface that customers can access to enter their order details (usually a tracking number) to see the current status and expected delivery date of their orders.

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