Payment habits vary from one country to another and Mongolia is not an exception. In fact, optimizing checkouts by offering customers their preferred payment methods is directly linked to driving more sales conversions and revenues.
Cash payments are still the overall preferred payment method.
The use of credit cards is on the rise in Mongolia and there is Master Card and Visa. Also UnionPay is in just starting level.
Mobile or bank app transfers in Mongolia are the third most preferred payment method in the country.
For online shopping, the …….. system interfaces with digital content providers, billing agents, online payment providers, and consumers to streamline the business of online shopping.
Understanding which payment methods are preferred by customers in Mongolia signals trust and authority to your targeted audience in addition to providing the best possible options to get you paid.
