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Best PayPal Alternative Services: Online Payment Methods & Options

FastSpring

One challenge many online merchants face after they’ve finished developing their product is figuring out how to easily accept payments on their online store. But navigating the complex world of online payments for the first time is challenging work. But if you’re solely depending on PayPal, you could be leaving money on the table.

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Ecommerce Terms You Need To Know To Manage Your Digital Business

FastSpring

They also offer Fulfillment by Amazon, where they handle the fulfillment process for your business at extra cost. A security mechanism that determines if a payment account has sufficient funds to complete a given transaction. The AOV can be calculated by dividing the total number of orders received by the total sales revenue.