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E-Commerce & Payment Systems Flashcards

6 cards from real ICP practice questions. Tap to flip, then mark Knew It or Still Learning — missed cards come back until you master them.

Read the first 6 E-Commerce & Payment Systems flashcards as text
  1. What is the primary purpose of payment integration in e-commerce?

    Answer: To facilitate secure and seamless transactions

    Payment integration ensures secure and seamless transactions between buyers and sellers in an online store.

  2. Which payment gateway is commonly used with Infusionsoft?

    Answer: PayPal and Stripe

    Infusionsoft supports multiple payment gateways, including PayPal and Stripe, to allow secure payment processing.

  3. How does an abandoned cart recovery system benefit e-commerce businesses?

    Answer: By reminding customers to complete their purchases

    Abandoned cart recovery helps recover lost sales by reminding customers to complete their purchases via automated follow-ups.

  4. Which metric is most important for evaluating e-commerce sales performance?

    Answer: Conversion rate

    Conversion rate measures the percentage of website visitors who complete a purchase, indicating the effectiveness of a sales funnel.

  5. Why is a mobile-optimized checkout process important in e-commerce?

    Answer: To enhance user experience and increase sales

    A mobile-friendly checkout improves user experience and increases sales, as many customers shop from mobile devices.

  6. What is the advantage of offering multiple payment methods in an online store?

    Answer: To increase customer convenience and reduce abandonment

    Providing multiple payment options increases customer convenience and helps reduce checkout abandonment rates.