What are some popular local payment methods for e-commerce?
Popular local payment methods vary by region, but some common ones include cash on delivery, bank transfers, and mobile wallets.
Can you give me examples of mobile wallets used in Asia?
Sure! In Asia, popular mobile wallets include Alipay and WeChat Pay in China, Paytm in India, and GCash in the Philippines.
How do these payment methods affect customer trust?
Local payment methods can enhance customer trust as they are familiar and convenient for users, leading to higher conversion rates.
Are there any risks associated with using local payment methods?
Yes, risks can include fraud, lack of buyer protection, and potential issues with refunds, depending on the method used.
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