Key Takeaways:
- Hands In is a unique startup focussed on group payments within e-commerce.
- Based in London, England, the company is the first to enable simultaneous checkout payments for groups across all e-commerce platforms.
- Merchants working with Hands In have reported increased conversions, ATV, NPS, and marketing reach.
- Founded by Raul Patel and Samuel Flynn, Hands In seeks to resolve the common issue of one group member having to absorb the upfront cost of a shared expense.
Hands In, a revolutionary e-commerce startup based in London, England is poised to change the landscape of digital commerce with its innovative group checkout system. With the increasing shift towards online shopping and the high demand for split payments for shared purchases, group checkout is becoming a key feature for modern businesses.
Created by founders Raul Patel and Samuel Flynn, Hands In introduces an innovative payment method that allows groups to pay together at the same time during online checkout. This unique solution not only enhances the shopping experience for customers, but also empowers retailers with increased conversions, average transaction values (ATV), net promoter score (NPS), and expanded marketing reach.
What sets Hands In apart from other fintech startups is its universal approach towards online payments. The company’s solution works seamlessly across all websites and e-commerce portals, making it incredibly versatile. The platform caters to the specific needs of groups looking to share expenses and therefore addresses a major consumer pain point that has long been ignored by traditional online payment methods.
Moreover, Hands In serves as a solution to an age-old problem experienced by small friend or family groups. It eliminates the burden of one person having to shoulder the cost of a purchase before seeking reimbursement from other members. The Hands In approach to sharing payments portends a paradigm shift in online commerce and payments, demonstrating the emergent power of collective bargaining in the digital age.
In the rapidly evolving e-commerce sector, innovation is the catalyst for evolution, and companies like Hands In are leading the charge. As group checkouts become increasingly popular, this startup’s unique solution is likely to prompt a major shift in the way online transactions are conducted globally.
Looking to the future, Hands In holds significant promise. As the first company of its kind to provide such a service, it is perfectly poised to become a major force in the e-commerce and financial services sector. For more about Hands In, visit their website, or engage with them through their social handles on Facebook, Twitter, and Linkedin.
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