Every day we seem to hear about a new online scam. Queensland Police recently shut down 3 fake trader websites selling barbecue and fitness equipment, users followed the payment instructions but no goods were ever received.

We’ve read about SSL certificates and displaying your ABN as good ways to proclaim your eCommerce legitimacy and it’s decent advice. But when it comes to convincing your customers you’re legit you only need one thing – an easy, transparent dispute resolution process.

Having one boils down to choosing the right payment method.

Some payment gateways include buyer and fraud detection features that make dispute resolution almost as easy & transparent as the purchase itself.

Paypal Buyer Protection

Paypal has a policy called Buyer Protection helping anyone that purchases an item through Paypal dispute an order that is wrong or never arrives. They also do a pretty good job of treating both buyer and seller equally, requiring proof and agreement to a final decision. The system works very well for small goods purchases and importantly is clear and well-documented.

Stripe Dispute Management

Stripe processes transaction payments in checkout, deducting them directly from the purchaser’s credit card. If a transaction is disputed the buyer must do so directly through their credit card company, Stripe responses with a hold on that transaction amount while a formal dispute resolution process is undertaken. The Stripe interface allows you to submit evidence and in general behaves like the Paypal dispute process for the store owner providing clear documentation to help each party finalise the resolution.

Paypal and Stripe provide a transparent process for when transactions don’t go according to plan, but what about other payment gateways?

Bank Payment Gateways

If a customer does not recognise a credit card charge they can lodge a dispute with their card issuer. This triggers a chargeback scenario where the dispute is eventually lodged with the merchant. If you as the merchant are using a payment gateway that deposits funds directly into your bank account then you will need to lodge evidence on your own behalf. The processes here are legitimate and secure but interbank chargeback process can be long and protracted with no one place to see where the dispute resolution process is up to.

Third Party Payment Gateways

Also secure and legitimate these gateways have a general policy of letting the bank chargeback process take over when disputes arise. And while some popular gateways have good fraud detection features for merchants, you and the buyer are in the same boat as if you were using a bank payment gateway.

Transparently Not Fake

Fake sites make all eCommerce merchants look bad, but in reality most sites are reputable and real. Your best defence is a good offence, so make sure you have a easy, transparent dispute resolution process included in your payment options. It’s that final reassurance in checkout that removes any buyer nerves or doubt from the transaction.

And don’t forget to tell your site shoppers early and often about your return and dispute policies – as online merchants we must go the extra mile to deliver transparency and trust.

As a successful online retailer it’s second nature to see sales roll through your store, but the frustration of even a single abandoned cart never really goes away. That is unless you understand why it happens and employ tactics to convert them to sales.

Close to 67% percent of shopping carts are abandoned and this percentage has been going up every year since online shopping was possible. The reasons why abandoned carts happen have not changed much but the ability to address the problems head-on has.

Problem #1: Unclear or High Shipping Costs

Every single person out there is looking to try and save money on shipping. No one wants to show off their new item only to find out they paid twice the shipping cost – it’s like walking into a store and asking for a mark UP at the register.

Solution: Tell them early, often and be transparent.

Australia Post – If you want to do shipping cost by the book then link your cart directly to real time AusPOST shipping costs. No games or great mysteries here because they can price check it directly on the AusPOST website – everyone wins.
Flat rate shipping – You should have your shipping costs and margins down to a science by now but maybe you need flexibility AUSPost does not offer. Switching to a clear, concise rate structure by # of items or weight will allow you to incentivise a higher spend for better shipping rates.
Free shipping – a massive winner so if it’s practical then do it. You can make everything free by adding a standard shipping cost into the price or set simple conditions to qualify and then make sure to remind them of those conditions on every page of your website, by using the word FREE.

Problem #2: Not Having the Right Payment Options

Having built hundreds of shopping carts ourselves we understand that the payment methods that work for your organisation may not be the ones that customers prefer. But the good news is we’ve come a long way since Paypal as a single option and new options spring up every month, you need to start nimble.

Solution: Provide 2-3 options, track what’s most popular on your site and re-evaluate every 12 months.

Stripe – Imagine setting up an account in 10 minutes or less that allows you to process credit card payments right on your checkout page (SSL required). This is what you get with Stripe, in addition to removing sales friction from page-directs or extra account setups just to make a payment. It’s easy, seamless and it just works.
Paypal – Still the golden, international standard for online payment processing and we still recommend it as a solid choice for accepting credit card payments. If your clients are also regular eBay shoppers will give them the comfort they need to convert the sale.
Bank Merchant Account – With Stripe and Paypal you still don’t get direct access to your cash until it’s in your bank account. Setting up a merchant account with your bank and processing payments directly into your bank account makes money management easier. Most of the big banks offer this facility, it’s up to you to negotiate the fees associated with your merchant account.
Layby – In the last 12 months multiple online layby options have sprung forth. End customers are really loving this, the immediacy of getting something now and paying for it over time. Zippay and Afterpay are the most popular choices but you need to check the fine print and make sure your preferred layby option will talk to your eCommerce system.

Problem #3: They Aren’t Ready to Buy Yet

Almost no one goes to a website once, adds a product to cart and checkouts straight away. They compare prices, look at other comparable products and check customer reviews on your products and business. You know this already, so accept it and start building a more memorable customer experience.

Solution: Make customers feel respected and supported.

Wish Lists – They know you value their money, but have you shown them you value their time? Let customers continue the shopping journey instead of restarting with a Wish List. In return you get an email address and the chance to follow them up and sweeten the deal with marketing automation. If they are serious shoppers they will remember you for saving them time.
Customer Support – All shopping carts being equal, this is where you can really set your experience apart. If your products have some complexity, can they live chat with someone about their questions? Better yet are you using intelligence automation to engage customers and provide answers and reassurance 24/7?

It’s easy to get caught up in the moment when shopping carts get dumped, spending too much time on the problem and not the solution.

If you are addressing these top 3 concerns thoughtfully, effectively and with regularity then you’re turning frustration into knowledge and tactics that will help you conquer the challenge of the abandoned cart.

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How to Spot & Fix an eCommerce Fake in One Step