PAYMENT SOLUTIONS and know , wherever they are . Combined with our recent findings that 44 % of consumers abandon a cart at checkout if their preferred payment method isn ’ t available , merchants are poised for growth by offering a comprehensive gamut of payment methods .
Setting up an LPM in a new country is a complex and time-consuming process , which multiplies as more LPMs and countries are added - often involving the need to set up a local business entity , registering with authorities , and having local banking relationships . However , PPRO has done the heavy lifting , thereby eliminating these barriers , lowering go-to-market costs , and speeding up the process exponentially . We also remove the need for custom software integrations with a company ’ s commerce and accounting platforms .
Our singular focus on local payment methods helps customers significantly increase time-to-market and reduce operational costs . Furthermore , PPRO ’ s infrastructure helps its customers get the best conversion rates in markets around the world .
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