However, as with all large-scale industries, certain challenges have somewhat impeded the stable growth of the industry. One major challenge is limited payment options. Several retailers who own stores on e-commerce platforms usually have to make do with the limited and high-cost payment means available. More often than not, consumers end up being the victims as they have to pay for the cost of the goods alongside exorbitant fees using their cards.
Building a Web3 payment portal with premium benefits such as cross-chain functionality, loyalty programs and cashback rewards, Xion Global is changing the scope of payments in e-commerce. Xion Global is poised to be a Web3 Stripe facilitating payments for thousands of merchants and their customers who often shop for items on online stores.
Capitalizing on the low-cost incentive of
cryptocurrencies, Xion Global will be presenting a wide range of crypto payments options available to merchants. These payment methods were meticulously created and designed to cater to the ever-expanding needs of merchants and shoppers. Xion Global is a next-generation payments portal with major interests in the e-commerce and finance industries.
What’s more is that merchants can set up these payment options themselves, customizing them according to their preferences. Currently, there are no other platforms like Xion both in e-commerce and finance providing merchants with numerous payment solutions to charge their customers. Thus, Xion is blazing a trail, so to speak, with its unique service offerings.
Xion Global recently announced the launch of its beta payments platform which has seen the onboarding of a few merchants who will set up their stores and try out the platform for the next few weeks. Crypto payments are receiving mainstream adoption already and Xion Global is looking to utilize this opportunity in bringing adoption to e-commerce.
In light of this, to accept payments as a merchant on Xion Global’s payments platform which is still in its beta phase, you need to create a checkout button for your store and set up your preferred billing type. Each merchant’s payment type will consist of the following;
Xion Global offers retailers the ability to create & customise checkout buttons to suit their stores’ looks and also include a host of other tools. In this instance, merchants are in charge of the billing type, unlike the traditional e-commerce industry where they have no choice over the payment options their customers are allowed to use.
Merchants will also have a wide variety of options over colours they intend to adopt for their billing type. This would help contribute to the conversion rates in terms of patronage. Shoppers are more likely to develop a liking for merchants who feature colours they can relate with on their payment gateway.
Merchants can change the sizing to fit with their offerings
Add tags to let customers know if there is loyalty or choose any other desired tag to let customers know what they can pay with.
Change the wording on your checkout button to match your offer is also permitted
Merchants can select pill or box shape
With just 2 lines of code, you can paste your checkout button on any store or website to monetise content and receive payments for products or services.