Are customers abandoning because they can't find their preferred payment method?

As a Shopify store owner in the competitive e-commerce landscape, I've been noticing something alarming. Despite investing heavily in traffic and having a beautifully designed store, I'm seeing an unusually high cart abandonment rate. When I dug deeper into my analytics, I realized many customers might be dropping off simply because their preferred payment method isn't available. It's frustrating because these are customers who are genuinely interested in my products—they've added items to the cart, which means they've overcome the initial hesitation—but then they hit a payment roadblock. In my market, customers have diverse preferences: some love PayPal for its familiarity, others prefer Apple Pay for its speed, while international customers might want region-specific options like Klarna or specific local payment gateways. Every abandoned cart feels like money slipping through my fingers. I'm not just losing a sale; I'm potentially losing a long-term customer relationship. The worst part? Most analytics tools don't clearly show me if payment method limitations are the culprit. I need a solution that can help me understand these friction points, predict customer behavior, and potentially offer alternative pathways to complete the purchase.