Common problems with ecommerce payments that can lead to cart abandonment
In the UK, cart abandonment is a major problem for online retailers. According to recent statistics, the average cart abandonment rate in the UK is around 75%, which is higher than the global average of 70%. This means that for every four people who add items to their cart, only one actually completes the purchase. This can have a significant impact on an online retailer's bottom line.
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