Daniel Kornitzer, Chief Business Development Officer, Paysafe

The pandemic has seen many businesses accelerate plans to upgrade their online checkouts as consumer payment preferences have evolved. Analysis of ecommerce trends by payments platform Paysafe, published in Lost in Transaction shows SMEs globally ranking reliability, cost and security as their top 3 priorities in payment partners. Alongside fraud prevention, reduction in cart abandonment rates are also key issues. Robin Amlôt of IBS Intelligence discusses the issues with Daniel Kornitzer, Chief Business Development Officer at Paysafe.