Krepling has expanded its offering through the announcement of the first agnostic digital wallet for ecommerce, Krepling Pay.
Seeking to separate its offering from others on the market, Krepling Pay is available to a full spectrum of devices and every browser.
Liam JE Gerada, Founder & CEO of Krepling, commented: “There are an estimated 12 million – 24 million ecommerce sites currently in operation, with the vast majority managed by independent merchants. And yet, there remains a significant divide between the services available to SMEs and corporations. Ensuring that large and established brands always have the edge.
“With Krepling Pay, we’re seeking to level the playing field. Providing small and medium-sized businesses with the payments solutions they need to attract and retain customers. If all the hurdles preventing a smooth checkout are removed, more customers will feel confident enough to complete their transactions, helping businesses to grow. And that’s the main ambition of the solution.
“As the world’s first one-click checkout and agnostic digital wallet for ecommerce, Krepling Pay holds a huge amount of potential for a wide range of businesses. And we’re really excited to see how merchants respond to the solution.”
According to the Krepling Commerce Consumer Report 2021, 70% of customers abandon their cart at checkout, failing to complete purchases. And in the majority of instances, this is due to poor payment processes.
Furthermore, with the one-click checkout needing no passwords or forms, Krepling Pay looks to streamline the process of transactions.