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Wix Payment Integration as Revenue Booster for Online Businesses

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As online transactions increase year-on-year, the need for businesses to retain customers, reduce cart abandonment and grow their revenue becomes paramount.

One solution for businesses looking to leverage payment to attract and retain customers is payment integration on Wix, a robust platform with a comprehensive suite of tools designed to streamline online transactions and enhance the way businesses handle online payments.

The digital economy thrives on the ability to conduct transactions swiftly and securely. Hence, the ability to process payment seamlessly has become a necessity for every business that aims to provide excellent experience for its customer base. Any hiccup in the purchase process can lead to abandoned carts, lost revenue and diminished customer trust. Seamless payment processing ensures that customers can complete their purchases effortlessly, boosting satisfaction and loyalty.

Overview of Payment Gateway Integration for Wix Stores

Wix integration delivers a feature-rich platform that caters to businesses of all sizes. It provides an array of functionalities designed to enhance the payment experience:

  • User-Friendly Interface: Intuitive design makes it easy for businesses to set up and manage their online payments.
  • Secure Transactions: Advanced security measures protect both businesses and customers from fraudulent activities.
  • Instant Payouts: Fast access to funds can significantly improve a business’s cash flow, allowing for better financial planning and stability.
  • Multiple Payment Options: Support for various payment methods, including credit/debit cards, mobile money and other local payment systems.
  • Multi-Currency Support: This feature is crucial for businesses with a global customer base, allowing customers to pay in their preferred currency.
  • Global Reach: Ability to accept payments from customers worldwide, broadening the potential market for businesses.
  • Real-Time Analytics: Comprehensive reporting tools to track sales, monitor performance, and make data-driven decisions.

How Integrating a Payment Gateway Addresses Common Pain Points for Wix Store Owners

Integrating a robust payment gateway, such as SeerBit into Wix effectively addresses several common pain points associated with online transactions. Some of these are:

Limited Payment Options: 

Your online store most likely has a diverse range of customers and each person has their preferred payment method. Failure to provide their preferred option may lead to lost sales and cart abandonment. Over some time, this may lead to cash flow issues as revenues are affected. However, a payment gateway allows you to offer multiple payment options on your checkout page, reducing the possibility of lost sales and cart abandonment, and improving customer satisfaction, while allowing you to cater to and retain a broader customer base and potentially boosting your sales revenue.

Poor Checkout Experience:

A poor or complicated checkout experience is one of the major reasons why shoppers abandon their carts. People tend to exit the checkout page if payment is not seamless and straightforward. However, this is a problem you can’t handle on your own as a store owner. That is why you need a payment gateway integration. A payment gateway helps to optimize the checkout page, ensuring the experience is seamless for shoppers. By removing friction with features, such as one-click payments, customers can complete more of their purchases. This improves the customer experience with your business, leading to increased customer retention and sales, and fewer cart abandonments.

Payment Security:

Statistics show that 18% of shoppers do not complete their purchase because they don’t think their payment information is safe with the -ecommerce retailer. Security is clearly a major concern for both store owners and customers. Many shoppers don’t complete purchases due to fear of fraud and data breaches. The best way to win their trust and ensure their payment details are protected is by integrating a payment gateway into your store.  Payment gateways come with robust security features, such as PCI DSS compliance, SSL encryption, and other fraud prevention and detection tools, which keep customer data safe and build trust and confidence in your store.

International Payments:

 It can be challenging for online stores to deal with international transactions, especially having to deal with issues, like currency conversion, regulatory compliance and international fees. However, by integrating a payment gateway, you get support for multi-currency transactions, without dealing with avoidable issues. This capability allows you to expand your business to a global market, increasing your client base and driving revenue growth.

Benefits of Integrating SeerBit Payment for Your Wix E-Commerce Store

The SeerBit payment gateway provides businesses of all sizes and across any industry with frictionless payment processing. For e-commerce businesses on Wix, this fast and seamless payment processing can lead to increased customer retention, revenue growth and reduced cart abandonment.

Here are specific ways SeerBit is beneficial to you as a Wix store owner:

Streamlined Payment Processing

Seerbit’s automated payment processing system helps to save time and minimizes errors due to manual intervention. Transactions are processed quickly and efficiently, ensuring your customers remain happy while improving cash flow for your business.

Cost efficiency

Seerbit’s competitive transaction fees reduce the overall cost of payment processing for your business, helping you save costs and ensuring you maximize your business profits.

Scalability and flexibility 

We help your business grow and expand into multiple countries across Africa by helping you receive payments in multiple currencies. This leads to an increase in transaction volumes as your business scales, but we also scale with you, handling the higher transaction volume appropriately, while ensuring that payment performance is not compromised. Our intelligent routing system ensures each transaction goes through the best-performing processing route for higher success rates.

Analytics & Seamless Reconciliations

SeerBit allows you to view your payment analytics and reports across your channels on the dashboard. You get detailed reports that help you track sales, identify trends, and monitor sales performance. This insight allows you to make data-driven decisions about your marketing strategies, inventory management, and customer engagement.

In addition to addressing the common pain points that Wix store owners face, these are some of the benefits you’ll get by adding SeerBit as the payment gateway on your Wix store.  You can open a SeerBit account here.

How to Integrate SeerBit Payment to Your Wix Store

Here is a short walk-through video to guide you through the process of adding SeerBit as a payment gateway on your Wix store.

Alternatively, you can follow the steps below:

  • Log into your website on your Wix account.
  • On your dashboard, you will see a menu list on the left. Click on “Getting Paid” and from the drop-down list, click on “Connect & Setup”.
  • Click on the “Connect Payment Method” tab in the centre of your screen
  • Choose SeerBit from the list of payment gateways.
  • Connect SeerBit to your Wix store by following the on-screen instructions. This includes typing your public key and secret key and clicking on “Connect” at the bottom of the screen.  You can retrieve your public and secret keys from your SeerBit account dashboard under the Account Settings menu.
  • After connecting, configure your preferred payment settings, such as payment methods, accepted currencies, shipping options, etc.
  • Test your integration to ensure everything is working perfectly before launching the payment gateway on your website.

Conclusion

Explore the power of payment gateway integration for your online store on Wix to improve payment processing and operational efficiency, while driving revenue growth for your business.

 

 


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Ugo Onwuaso is an ICT enthusiast. He believes technology should be used for general good. He holds a Master of Public Administration (MPA) degree from the Lagos state University. Dear Reader, Your support matters. But we believe that technology makes life more exciting and helps improve the lives of people around Nigeria and indeed the world. That is why, we have devoted our energy to independent reportage of technology and finance and how they affect lives. Our incisive and analytical view of how technology news affects the daily life help individuals and organizations make up their minds. Quality journalism costs money. Today, we're asking that you support us to do more. Kindly support our effort to deliver technology and finance journalism to everyone in the world. Donate as little as N1,000. Bank transfers can be made to: UBA Plc 1017156876 Communication Week Media Ltd

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MTN Launches “See Naija” to Showcase Nigeria’s Rich Cultural Heritage

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MTN Nigeria, a leading telecommunications company in Africa, has set an adventurous mission of changing the perceptions and narratives surrounding Nigerians and Nigeria through a thoughtfully curated, culturally sensational, and socio-economically intentional platform and campaign called “See Naija.”

“See Naija” aims to harness the rich diversity, culture, resilience, uniqueness, and “can-do-it” spirit of Nigerians worldwide through an individual lens while also positioning Nigeria as a viable tourism hub among the community of nations.

According to available data, Nigeria’s tourism sector could be losing between $5 billion to $10 billion annually, while the contribution of tourism to GDP is only around 1.2% to 1.5%, compared to 7-10% in other African nations. Furthermore, a significant drop in international arrivals and the potential to create over 2 million jobs remain unfulfilled. Experts estimate that investments of $1 billion to $3 billion are needed to improve travel conditions.

Speaking about the idea that birthed the “See Naija” campaign and platform, Emamoke O, the General Manager of Brand & Communication at MTN Nigeria, noted that although there are many positive things Nigerians are known for, most of the information available on the internet is largely negative, thereby setting the tone for wrong perceptions about what Nigeria and Nigerians represent.

“The essence of ‘See Naija’ today is to erase all the negativity Nigeria is known for as a country. We are our brand; every Nigerian is unique. When you travel anywhere, you can spot a Nigerian easily, by the way we talk, dress, and express ourselves,” she explained.

“This platform will showcase to the world, not only to Nigerians, what we are made of: our food, our fashion sense. Even as a Nigerian, there are so many waterfalls I have never been to. We want Nigeria to be a place people search for when they want to explore tourism—where to go in Nigeria, and we want travel agencies and hotels to be part of this clarion call. At the end of the day, we aim for organized tours, with guides who can talk about Nigeria and our uniqueness.”

She recounted a personal experience: “I attended a program abroad, and we had about eight nationalities in the group. We were supposed to talk about our countries—the things that make them the best, the investment opportunities, and more. One evening, someone from Poland gave me a sneering look, likely due to the negative information about Nigeria, like corruption and so on.”

“When it was my turn to showcase Nigeria and discuss opportunities such as agriculture and oil, which is our economic stronghold, he asked where I lived. I replied I lived in Lagos, the commercial hub of Nigeria.

“He pressed further and asked me to show him Lagos on Google. Of course, I typed ‘Lagos,’ and you can guess what popped up: Oshodi, with dustbins and yellow buses—almost everything negative.”

“This was highly embarrassing to me and all the other people from Saudi Arabia and other countries who were staring at me. However, there was someone else who could relate to the better sides of Nigeria as a beautiful place. Immediately I got back home, I told my team we needed to put a program together to show what Nigeria is really about to the world because I had a very awkward experience.”

“I realized that typing my country into Google yields too much negativity. I know there are algorithms, but by flooding the internet with our good things—our resilience, our outspoken nature, and many positive attributes that distinguish us—we can change this narrative.”

Ayham Moussa, the Chief Operating Officer at MTN Nigeria, noted that MTN is leveraging its trailblazing, path-finding, and audacious approach in Africa to celebrate the “World Tourism Day” and honor the Nigerian fighting spirit, winning spirit, and progressive spirit.

“Today, the whole world celebrates tourism, and at MTN Nigeria, we cannot let that pass without recognition. We are known for making noise, for making progress, and tourism allows people to see the beauty and culture in places,” he said.

While reminiscing about his heartwarming experience joining MTN Nigeria, he stated, “When I joined MTN Nigeria a few weeks ago, the first thing I noticed was the warm welcome and acceptance. I see Nigerians as fighters, winners, and people willing to do everything it takes to progress. We at MTN Nigeria stand for Africa, but Africa is Nigeria. We stand for progress and for showcasing the amazing things about Nigeria. I am excited about what the team has put together today; they have done a lot to promote and make people ‘See Naija.’”

“See Naija” also registered a colorful display of Nigeria’s top-notch cultural elegance and artistic brilliance, offering Nigerians the opportunity to showcase beautiful and notable places in Nigeria.

Speaking, Ololade Odukoya, MTN Nigeria’s Digital Marketing Manager, said the “See Naija” campaign and platform provides opportunities for Nigerians to upload 2-minute videos on their social media handles and on [www.mtnng/see-naija](http://www.mtnng/see-naija).

“Now that you have seen Naija—the culture and the beauty in our diversity—we are calling on everyone to come together and join us in this narrative to change the story positively. There is the ‘See Naija’ challenge today, and we all need to be part of it.

All you need to do is upload a 2-minute video on any of your social media platforms and the MTN website. Don’t forget to tag #Naija. We can’t wait to see your lovely submissions.”

In his closing remarks, Frank Okwuye, Senior Manager of Brands and Communications at MTN Nigeria, reiterated that the “See Naija” campaign and platform aim to showcase the good features of Nigeria to the world.

“We are the brand Naija, and as we go from here, let us begin to carry the message forward because this program already showed us that Nigeria is a beautiful place—a place to excel and where dreams and aspirations can be achieved. It is the beginning of a great journey; when it will end is not feasible or in sight, as it is like an onion that one would begin to peel and peel.”

“And if you listen to the poem’s rendition, you will discover the different dimensions of who we are, both as a people in terms of culture and everything we represent. ‘See Naija’ is both a campaign and a platform. It is a campaign because we are telling the true story of Naija, and we are going to showcase it to the world.”

“It is also a platform because we have created a digital space where everybody can not just ‘See Naija’ and what is good in Naija, but also bring their content there. It is a platform where you can showcase the best of Naija. In a way, we are all part of this project. So whatever you know about Naija, capture it and bring it to that platform and encourage others to do the same. As we do this, we begin to change our narratives.”

“One step at a time, one day at a time, and in years to come, we shall see people paying money to come on holiday in Naija because there is so much to Naija. This is not just MTN’s project; it’s your project and our project because we are the Naija that people see. So let’s take it upon ourselves and begin to showcase everything good about Nigeria.”


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“Shark Tank of Crypto” Reality Show Wraps Up Season 1, Secures Over $35M in Committed Investments

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CryptoKnights has completed its highly anticipated first season. This show, often referred to as the “Shark Tank of Crypto,” brings together the brightest minds in the decentralized world to evaluate and invest in the most promising crypto and blockchain-based projects.

Over 15 projects, selected from thousands of applications, successfully secured commitments totaling more than $35 million USD.

Conceptualized by visionary entrepreneur and CEO of Ritestream, Riaz Mehta, and brought to life by Ritestream’s Chief Strategist Joseph Khan, the show is set to premiere in December.

It is poised to introduce the crypto world to a mainstream audience, offering viewers an exclusive look at the unfolding future of finance.

Hosted by renowned actor/entrepreneur Adrian Grenier, known for his iconic role in Entourage, CryptoKnights features a distinguished panel of judges, including some of the most influential figures in the Web3 space: Brock Pierce (Co-founder of Tether), Kyle Chassé (Founder of Master Ventures), Aly Madhavji (Founder of Blockchain Founders Fund), Magnus Grimeland (CEO and Founder of Antler), and Nikita Sachdev (Founder of Luna Media Corp). These judges not only offer their financial investments but also provide invaluable guidance, access to their extensive networks, and long-term advisory support to help projects excel beyond the show.

While the judges deliberate in the Knights Crypt room, influencers Kim Lee and Gav Blaxberg provide commentary from the Boiler Room.

Kim Lee, a renowned DJ and Bling Empire personality, offers insights that resonate with everyday viewers, representing the non-technical audience. Gav Blaxberg, CEO at Wolf Financial, brings the Gen Z perspective, highlighting trends that appeal to younger generations.

Brock Pierce, Co-founder of Tether, said, “Over the years, I’ve been at the forefront of the blockchain revolution, witnessing firsthand how it has the power to reshape industries and redefine what’s possible. CryptoKnights is not just a show; it’s a movement—a platform where innovation meets opportunity.”

He added, “I’m looking for the next Unicorn, but they often come from the most unexpected places. I believe in this show [CryptoKnights]. We will discover the Next Big Thing, the next killer app that is going to change the world.”

Actor Adrian Grenier added, “Web3 can be complex, but it’s essential for people to understand its potential. CryptoKnights bridges that gap, making the technology accessible to everyone. As the host, I’m excited to guide viewers through this journey, demystifying Web3 and showing how it can empower everyone, not just the tech-savvy.”

Riaz Mehta, the creator of CryptoKnights and CEO of Ritestream said, “My vision for CryptoKnights is to demystify the groundbreaking technology of blockchain because I firmly believe it will change our world in unimaginable ways. At CryptoKnights, we are committed to investing in projects that offer real, tangible solutions and drive meaningful change. By providing a platform for education and engagement, CryptoKnights seeks to inspire a global audience to see the true potential of blockchain innovation, supporting projects that define the next generation of impact and create a more equitable future for all.”

The creation of CryptoKnights was made possible through Ritestream which raised $1.5 million in decentralized funding.

Negotiations are underway with major platforms for the show’s broadcast, expected to premiere in November 2024.

This first-of-its-kind show is set to offer unparalleled insights into cryptocurrency and blockchain technology, positioning itself as a must-watch for anyone interested in the digital finance revolution.


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IHS Partners LSI to Deepen STEM in Schools with Global Educators Program

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Telecommunications infrastructure provider, IHS has expressed commitment to advancement of Science Technology Engineering and Mathematics (STEM) through the Global Educators Program.

Global Educators Program is one-year sponsored training on STEM and space education of secondary school teachers, hosted in the United States and partially in Nigeria.

The program is sponsored by IHS Nigeria in collaboration with Limitless Space Institute (LSI).

The ten beneficiaries, selected from various regions across Nigeria, were hosted at a roundtable event in Lagos recently organized by IHS Nigeria and LSI.

The program, a ground-breaking initiative aimed at providing professional development in STEM fields tied to space exploration, seeks to inspire both educators and students while enhancing STEM learning experiences.

Speaking on behalf of IHS Nigeria, Mohamad Darwish, Chief Executive Officer commended the teachers for their commitment to advancing STEM education. He pledged IHS Nigeria’s ongoing support for initiatives that train more teachers and students in STEM and space science education.

In addition, Dapo Otunla, Chief Corporate Services Officer at IHS Nigeria, expressed his pride in the program’s success.

“For us, education and economic growth are key pillars of our sustainability program, with the mind as the foundation for all progress,” he said. “IHS has been deeply involved in educational initiatives, especially in STEM, as we are fundamentally a company of engineers. Partnering with LSI aligns perfectly with our Mission T program, which promotes STEM education.”

Otunla highlighted that IHS Nigeria, which started operations in 2001, has invested in technology innovation hubs, such as those in Alimosho, Lagos State, and Ogbomosho, Oyo State, to support education and technology advancement across Nigeria.

Also speaking at the event, Kaci Heinz, LSI’s Executive Director, disclosed that over 200 teachers from public schools across Nigeria applied for the program, with only ten ultimately selected to join an additional ten teachers from Brazil for the year-long training.

“By connecting STEM education with the captivating subject of space, we aim to inspire both educators and students while simultaneously enhancing STEM learning experiences,” explained Heinz.

“These teachers are expected to return and impart the knowledge gained to their students, nurturing a new generation of interest in STEM education.”

Beneficiaries’ Share Experiences

The ten beneficiaries, who shared their experiences at the event, expressed immense gratitude for the opportunity provided by IHS Nigeria and LSI.

Maranatha Haa, a Chemistry teacher from Federal Government College, Jos, noted, “This program has introduced me to the exciting possibilities of space science and the importance of collaboration across borders. I’m eager to share what I’ve learned with my students and fellow educators.”

Mr. Olayinka Adeoshun, from Ilupeju Junior Grammar School, Lagos, shared, “The training has exposed me to what I could never have imagined in space science. My students are now more motivated than ever in space technology education. We’ve even established a virtual knowledge exchange program with the Space Institute in Houston.”

Blessing Akila, from ECWA Secondary School, Makurdi, expressed her excitement about the program’s impact on her teaching approach. “One of the subjects we were taught was Geometric and Space, which has helped simplify mathematics for my students, many of whom previously had a phobia for the subject. I want to thank IHS and LSI for this life-changing opportunity.”

Other beneficiaries who shared their experiences included Oluwabanke Adewusi from Itire Community Senior Secondary School, Lagos; Joshua James from Greenpath Preparatory School, Abuja; Soji Megbowon from Ifesowapo Aboru Senior Secondary School, Lagos; Ngobiri Abraham from Federal Government College, Enugu; Wahab Abubakar from Sango Senior Secondary School, Ilorin; Kayode Adewale from Odu’a Comprehensive High School, Ijebu Ode; and Rashidat Ademosu from Eva Adelaja Girls Junior Secondary School, Lagos.


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