Data & Insights

Optimizing Payment Forms for Sales

Payment forms require the highest level of user trust. Learn the statistics behind high-converting checkout experiences.

Build High-Converting Forms

The Benchmark

What the data says about form performance.

18%

Cart Abandonment Rate Due to Complex Checkout

Key Insights

  • A complicated checkout process is the cause of 18% of all cart abandonments.

  • Displaying clear security badges and utilizing trusted payment gateways increases conversions by 15%.

  • Having to leave the website to complete a payment drops conversion rates significantly.

  • Offering local payment methods (like UPI in India) can increase successful transactions by over 40%.

Beat the Averages with Formet

Don't settle for average conversion rates. Here's how Formet helps you succeed.

Formet integrates payment collection directly into the form flow with 0% platform commission, supporting trusted integrations like PhonePe for seamless UPI payments.

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Start building forms designed to boost completion rates and reduce abandonment.

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