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Merchant Digital Conversion Analytics

Segment: Merchant | Category: Revenue Optimisation | Owner: Straive Strategic Analytics | Year: 2024

Objective

Analyse the checkout funnel end-to-end to identify drop-off points and quantify the GMV opportunity from digital wallet adoption and BNPL integration.

Methodology

  1. Session-level funnel mapping: cart → payment selection → auth attempt → approval
  2. Digital wallet propensity model — identify customers likely to adopt
  3. A/B test analysis for wallet promotion uplift
  4. BNPL attachment rate and AOV lift measurement
  5. Payment method P&L by channel

Key Metrics

Metric Current Industry Best
Checkout Conversion Rate 71.2% 82.4%
Digital Wallet Penetration 22.4% 38.1%
BNPL Attachment Rate 7.8% 14.2%
CNP Auth Rate 87.3% 93.1%

About

Digital payment adoption and checkout funnel optimisation for Merchant clients — Straive Strategic Consulting

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