The world of online commerce is changing with the advent of payment solutions for small businesses. In keeping with Valeria WachorowskaCEO of Fonda (a European payment service provider), this evolution provides small businesses with safer payment options with minimal effort and price.
In an interview with Fintech Review, she talked about the primary benefits of e-commerce and the prospects for the online payment industry.
Online payment systems and the prospects they provide to corporations
Online business-to-business transactions have enabled them to expand beyond their area of residence and take their business to a worldwide level. Previously, businesses needed to depend on banks for financial services, but the options available were often not suitable for smaller businesses.
In keeping with Valeria Vahorovska, digital payments allow enterprises to maximise their potential and reach customers around the world. The Fondy service is one example of how businesses can use online payment systems to their advantage. Using Fonda, corporations can:
- confirm payment information;
- enter customer details;
- process payments securely and quickly;
- create powerful eCommerce solutions.
AND more: By accepting digital payments, businesses of all sizes can realize their full potential.
Advantages of e-commerce solutions on the example of Fonda
Since its debut in 2016, Fondy, a payment platform created by Valeria Vahorovskaya, has been gaining popularity. The platform supports small and medium-sized enterprises, giving users the opportunity to:
- create and process payments in just just a few clicks;
- works with over 300 payment methods, including Google Pay and Apple Wallet;
- select the hottest payment systems in each location.
Valeria Vahorovska emphasizes that because of Fondy, customers could make payments with none problems, no matter whether or not they use local or global cards. Because of its convenience and accessibility, Fondy is growing rapidly, offering businesses a convenient and secure strategy to manage and keep payments under control.
How corporations can stay competitive: suggestions from Valeria Vahorovska
The online payment industry in Europe is growing rapidly, however it is just not without it challenges. Valeria Vahorovska notes that the key challenge is knowing the different mentalities and approaches to electronic payments in different countries.
To make sure success, corporations have to be proactive and dynamic, and understand customer preferences and behaviors to accurately predict the future of the industry. As well as, corporations also have to know local regulations and respond quickly to them.
Technology and mental property are also key issues for the online payment industry because it grows and changes rapidly. Valeria Vahorovska emphasizes that enterprises must sustain with these changes in order to not lose competitiveness.
Valeria Vahorovska believes that the future of small business payments looks incredibly vibrant. As more small businesses begin to adopt payment solutions, they’ll expect greater efficiency, lower costs, and higher customer support. It is helpful for everybody.