Amazon has announced it’s hiring 75.000 more temporary employees to be able to meet the increased demand. In March, the eCommerce giant hired 100.000 full- and part-time employees. Do you need affordable and secure merchant-processing services in the UK? If yes, this article will help you find an exceptional eCommerce merchant account for your eCommerce business.
Amazon Seeing Increased Demand: eCommerce Merchant Account
The eCommerce giant is seeing a significant surge in demand. Lots of people have been hurt economically, especially those working the fields such as hospitality, restaurants, and tourism. Amazon welcomes anyone who’s lost his/her job. They can join Amazon until things get back to normal.
In the UK, the eCommerce giant will be investing in the food delivery startup Deliveroo. The investment will make up $575 million. Are you a merchant running an eCommerce business in the UK or starting one? You’ll need reliable and low-cost merchant services from a respectable provider.
For this, you just need to turn to a reputable merchant-services comparison specialist in the country. A trustworthy payment-processor comparison expert can help you compare the available options and choose the safest and cheapest eCommerce merchant account based on the most honest snapshot of companies. Make sure the comparison company is focused on terms, rates, and the integration process.
COVID-19 Impacting UK Economy
As of 2019, the B2C eCommerce market in the UK was the 3rd largest worldwide. Now, people are making purchases online, thus bringing about changes in the field. Many eCommerce businesses are witnessing growth in demand.
The lockdown has resulted in a considerable rise in the number of online orders of household hardware. Besides, there’s been an increase in the online order of cosmetics (64%), furniture (17%), and toys (90%). However, sports equipment has been hurt severely, which resulted in a 45% decrease. Besides, online orders of sex toys also witnessed a 19% decrease.
So, this new type of coronavirus is causing chaos across the globe. Some businesses are broken; others like Amazon are prospering. Work only with a reputable merchant-processor comparison company to keep your business afloat and navigate these challenging times.
Author Bio: Payment industry guru Taylor Cole is a passionate payments expert who understands the complex world of merchant accounts, including an eCommerce merchant account. He also writes non-fiction, on subjects ranging from personal finance to stocks to cryptopay. He enjoys eating pie on his backyard porch, as should all right-thinking people.