Nationwide Marketing Group’s new collaboration with PayPal, one of the most recognizable digital payment solutions, aims to fill the gap independent retailers experience as they try to offer consumers the right options to not only browse for products, but easily pay for them as well. Through this integration, Nationwide dealers with websites managed by Site on Time or Retailer Web Services can seamlessly enroll in a program that will allow them to add PayPal as a payment option on their websites. The program also gives them access to a Nationwide-exclusive volume rebate on all PayPal payments.
“Forging this collaboration with PayPal stands to benefit not only our members but also their customers,” said Chris Kirk, vice president of financial and business services for Nationwide. “By adding PayPal to their websites, our members can now give their customers another option to quickly and seamlessly purchase products from their website and in their stores. And, with our group-exclusive volume rebates, this program with PayPal has the potential to positively impact our members’ bottom lines.”
Today, PayPal boasts a network of more than 400 million users and accounts for roughly 22% of all online transactions. In addition to the integrated credit card processing online, PayPal brings to the table access to Venmo, PayPal Credit, their Pay in 4 program (buy now, pay later) and a QR Code payment service through the PayPal wallet.
In addition, PayPal has proven to be a force in helping to “close the sale” online. According to industry data, PayPal transactions have a 70% higher checkout conversion rate than non-PayPal transactions. Further, consumers are 54% more willing to buy from businesses when PayPal is offered as a payment option.
Nationwide members can sign up as a new customer through the program or convert their existing PayPal accounts to the new Nationwide program to take advantage of the group-exclusive volume rebates.
The teams at Site on Time and Retailer Web Services are available to assist dealers with questions related to website integration. For additional questions regarding the PayPal program, contact Chris Kirk at [email protected].