Gala Technology Reports 160% Growth with Cutting-Edge Payment Solutions
Gala Technology, the pioneering leader in payment technology, has proudly announced a stellar 160% growth over the past six months. This surge can be attributed to its revolutionary new payment platform that has tapped into the pulse of modern businesses.
Its newly adopted mission statement: “Request more payments on every chat, every tweet, and every channel you meet,” not only encapsulates the company’s ethos but also echoes the sentiment of their rapidly expanding client base.
Why Gala Technology Stands Out
Online shopping is continually evolving, and with it, the challenges faced by retailers. The digital age’s “window shopping” equivalent – cart abandonment – saw a shocking spike of 78.1% in 2022. Gala Technology’s multi-channel payment request solution comes as an answer to the industry’s pressing issues.
By facilitating payment requests across diverse channels – from telephony, emails and SMS to live chats, WhatsApp, and social media – businesses now have a broader reach, connecting with customers in their comfort zones. Some eye-opening statistics:
- Phone payments remain indispensable for high-ticket sales, with businesses potentially losing out on 80% of their sales without it.
- Emails for payment, when integrated with SOTpay, become an efficient payment tool.
- SMS, boasting a 45% response rate, outperforms email which stands at 6%.
- Live chat remains a favourite, with 73% of customers showing preference.
- WhatsApp’s message open rate soars at 98%, overshadowing traditional communication channels.
- In the UK, a staggering 84.4% of the population were active on social media as of January 2023, underscoring the potential of payment requests via these platforms.
The Business Logic
The idea behind Gala’s multi-channel payment system is clear: Why limit your business to a few touchpoints when more channels translate to more opportunities?
Offering a plethora of payment avenues not only streamlines the customer experience but also meets the world’s shifting mobility paradigm.
Moreover, Gala’s exponential growth has paved the way for new job opportunities, including roles for demonstration setters and an executive business-to-business sales force.
Closing Thoughts
Secure Order Transfer (SOTpay) is more than just a payment system; it’s an imperative for the modern age. In a time defined by instant gratification and ease, SOTpay ensures businesses remain competitive. It’s high time companies embraced every chat, tweet, and channel, tapping into the transformative power of SOTpay and setting their sales trajectory on an upward spiral.
For further details, or to dive into the future of payments with SOTpay, contact Gala Technology today.
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