Retail TouchPoints

JULY 14, 2021

Ap p le will reportedly team up with Goldman Sachs to launch its own buy now, pay later (BNPL) platform that lets shoppers make Apple Pay payments in installments, according to Bloomberg News. Apple plans to make Apple Pay Later available both in-store and online, a nod to the growing cross-channel popularity of BNPL services.

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Payment Services Planning Accounting Marketing 299

Retail TouchPoints

NOVEMBER 20, 2023

billion in 2021. As the tactics behind these crimes become increasingly sophisticated, and customer expectations for in-store experiences are higher than ever, retailers are finding it more difficult to protect their assets while maintaining great service. This represents the greatest source of loss for retailers of all sizes.

Payment Services 311

Payment Services Sporting Goods Inventory Management Loss Prevention 311

Small Biz Trends

NOVEMBER 9, 2022

The Internal Revenue Service (IRS) has reminded taxpayers accepting payments through payment cards and third-party network transactions that they may receive 1099-K forms for sales over $600 in early 2023. New 1099-K Reporting Rule. Where To Get Help with Tax Filling?

Payment Services 98

Payment Services Returns Accounting Planning 98

Retail TouchPoints

JULY 25, 2022

In the midst of rising inflation rates, many Americans are wondering how to cut their costs — and younger generations such as Gen Z may have found a solution in the short term with “buy now, pay later” or BNPL plans. This generation has taken to this payment option faster than any other, but looking at their history it is easy to see why.

Payment Services 189

Payment Services Advertising Accounting Consumer 189

Retail TouchPoints

SEPTEMBER 17, 2022

The Consumer Financial Protection Bureau (CFPB) is planning to start regulating buy now, pay later (BNPL) products. Apparel and beauty companies accounted for 80.1% of users charged at least one late fee in 2021, up from 7.8% of individual loans in 2021 saw at least some portion of the order returned, up from 12.2%

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Consumer Payment Services Apparel Accounting 211

Retail TouchPoints

AUGUST 18, 2022

Also known as pay-over-time or pay-in-4 installment plans, BNPL offers consumers the chance to split up the cost of major purchases directly at the point of sale. Most buy now, pay later offers are interest- and fee-free, unless customers miss a payment. In fact, 50% of U.S Economic ‘Crosscurrents’ Present Mixed Outlook.

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Merchant Services Payment Services Consumer Point of Sale 250

Retail TouchPoints

MARCH 8, 2022

Whereas drivers of gasoline-powered cars can expect to find gas stations prevalent in most areas, those who operate EVs generally have to search considerably harder to find places to charge up. The driver payment process at retailers’ charging stations should be frictionless for shoppers.

Payment Services 253

Payment Services Accounting Promotions Customer Experience 253

Inside Retail

SEPTEMBER 1, 2021

Founded in July 2020 and launched in February 2021, Refundid is a fintech tool designed to cut, or essentially eliminate, waiting times for refunds for products bought online. According to co-founder and chief product officer Joel Aaron, refunded cash can be in the customer’s account within as little as 30 seconds. The time is now.

Merchant Services 130

Merchant Services Payment Services Returns Planning 130

Inside Retail

JANUARY 10, 2023

But, to what extent will customers hold the brand accountable for allegations of misconduct – especially when it offers a good deal? This process will ensure that – if the employees come forward at a later date – they can obtain back-payments by contacting the organisation. The brand is not seeking to recover any overpayments.

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Payment Services Consumer Management Fashion 246

Retail TouchPoints

JANUARY 11, 2021

“As part of the ONE RETAIL approach, we combine a variety of consumer journeys into one and put our smartphone app at the center of the entire shopping process,” explained Ekaterina Sokolova, CFO of M.Video Eldorado Group in an interview with Retail TouchPoints. “We Machine Learning-Powered Analytics Now Central to Demand Forecasting.

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Payment Services Location Fulfillment Customer Experience 243

Retail TouchPoints

JUNE 17, 2022

You can have one backend system, one accounting system and use one marketing agency to manage multiple brands. There are many operational efficiencies and synergies. So fast forward to today and we have approximately 96 active aggregators operating globally. We, Accel Club, raised $170 million funding in November 2021.

Payment Services 263

Payment Services Accounting Marketing Fulfillment 263

Inside Retail

OCTOBER 6, 2021

Fast forward to October 2021, and Australia’s largest online fashion retailer The Iconic is leading the way on resale, partnering with AirRobe on the Circular Wardrobe, an initiative that allows customers to resell, rent, or recycle their preloved items with one click. Tapping into gen Z spending power.

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Payment Services Fashion Accessories Checkout 246

Retail TouchPoints

NOVEMBER 4, 2021

31, 2021. “We’re toy industry sales increased 11% in Q3 2021 from 2020, according to the NPD Group , driven by price increases, a continuation of pandemic lifestyles and fewer promotions. Even outside of the holiday season, uptake in buy now, pay later (BNPL) services is exploding in the U.S.,

Consumer 259

Consumer Merchant Services Payment Services Drop-Shipping 259

Retail TouchPoints

MARCH 3, 2022

billion on Cyber Monday 2020 , while Singles Day in November 2021 in China drove $139 billion in sales for two of that country’s major online shopping platforms. That includes frictionless payments and checkout and fast shipping options. Account takeover fraud trends pose additional risks. Consider that in the U.S.,

Merchant Services 219

Merchant Services Drop-Shipping Payment Services Shipping 219

Independent Retailer

MARCH 31, 2022

ecommerce sales spiked by more than 30 percent per quarter from Q2 2020 to Q1 2021 , and continued to rise by nine percent in the second quarter of 2021. It brings new challenges like supply chain bottlenecks, inflation, around-the-clock operations, and labor shortages. Because of restrictions on in-person shopping, U.S.

Payment Services 80

Payment Services Location Marketing Accounting 80

Retail TouchPoints

NOVEMBER 3, 2021

The beauty brand is adding three new executives to its team: a CFO, an SVP of Retail and the new position of Chief Commercial Officer, who will help the team develop its plans for the future. Sodipo most recently led Product Finance and Strategy at Stripe and will bring her expertise in payments to Glossier’s Accounting and Finance teams.

Finance 245

Finance Payment Services Accounting Returns 245

Inside Retail

NOVEMBER 10, 2022

Elon Musk is progressing plans to slim down Twitter since he bought the 396 million-member platform for US$44 billion (£38 billion) on October 27. It said: Given the nature of our distributed workforce and our desire to inform impacted individuals as quickly as possible, communications for this process will take place via email.

Payment Services 130

Payment Services Advertising Accounting Planning 130

I Vend

APRIL 6, 2023

A point of sale (POS) system is the nerve centre of any retail operation. It performs the core functions in the store – managing the customer transactions that enable you to trade and taking the payments that make up your revenue. iVend Point of Sale (POS) iVend are leading experts in retail point of sale.

Payment Services 97

Payment Services Point of Sale Customer Experience Inventory Management 97

Small Biz Trends

JUNE 1, 2022

A cryptocurrency is a decentralized payment method that you can use to trade online by way of smart contracts. This not only led to speculating in the cryptocurrency market but also facilitated multimillion-dollar transactions in digital collectibles, digital assets, goods and services to be traded within the cryptocurrency space.

Payment Services 124

Payment Services Accounting Promotions Finance 124

Small Biz Trends

DECEMBER 14, 2022

The IRS offers certain tax deductions for small business owners to help make the process of filing taxes easier and more efficient. This includes items like office supplies, professional fees (attorneys and accountants), travel expenses, utilities, and more. Rent and lease payments. Understanding Tax Deductions. Employee wages.

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Payment Services Accounting Advertising Returns 130

Small Biz Trends

NOVEMBER 29, 2022

If you buy and place in service qualified equipment by December 31, 2022, you can deduct 100% of the cost; no depreciation over a number of years is required. Set up a retirement plan. If your business doesn’t have a qualified retirement plan, you have until the extended due date of your 2022 return to set up and fund the plan.

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Payment Services Planning Accounting Returns 137

A1 Retail

DECEMBER 23, 2021

In 2021, shoppers took to the streets earlier than normal, due to fears of shortages. And with individuals and organisations reporting billions of losses to fraud and cybercrime during the first half of 2021, businesses have a responsibility to protect themselves and customers as best as possible in the lead up to the festive period.

Payment Services 40

Payment Services Shopping Accounting Customer Experience 40

Cisco Retail

JULY 27, 2021

According to Cisco’s Accelerating Digital Agility Research , 61% of CIOs and IT decision makers agree that they are unsure what the future of work will look like for their business in 2021. Payment Solutions for the Future. Flexible payment solutions can support customers on their journey.

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Payment Services Operating Expenses Returns Planning 145

Independent Retailer

AUGUST 29, 2022

BNPL is a great payment option, especially with the holiday season coming up so consumers do not have to front the entire amount at the time of purchase. BNPL is a great payment option, especially with the holiday season coming up so consumers do not have to front the entire amount at the time of purchase.

Merchant Services 88

Merchant Services Payment Services Checkout Accounting 88

V Count

SEPTEMBER 15, 2022

A modern POS system lets you accept customer payments at a specific location or on the go and can help you track your sales in an efficient way. Each customer’s shopping journey is unique and each store operates differently. Multiple plans, including a free one (transaction cuts aren’t included).

Merchant Services 98

Merchant Services Payment Services Inventory Management Planning 98

A1 Retail

AUGUST 24, 2021

More than four in 10 plan to hire additional staff over the next 12 months in a sign of positivity for the future. The quarterly SME Barometer combines billions of merchant transactions, processed by Barclaycard Payments, with research data to provide an in-depth look at the UK SME economy. Future-proofing.

Merchant Services 75

Merchant Services Payment Services Returns Outdoor 75

Retail TouchPoints

MAY 14, 2021

Hurricane season officially begins June 1, 2021, and experts are predicting an active season in North America. The 2021 predictions include eight hurricanes and four major hurricanes (with winds of 115+ miles per hour). The 2021 predictions include eight hurricanes and four major hurricanes (with winds of 115+ miles per hour).

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Planning Payment Services Accounting Location 149

V Count

SEPTEMBER 15, 2022

A modern POS system lets you accept customer payments at a specific location or on the go and can help you track your sales in an efficient way. Each customer’s shopping journey is unique and each store operates differently. Multiple plans, including a free one (transaction cuts aren’t included).

Merchant Services 92

Merchant Services Payment Services Inventory Management Planning 92

Cisco Retail

AUGUST 16, 2021

Now that the Cisco Global Problem Solver Challenge 2021 winners have been officially announced , we are excited for you to learn more about each winning team and the story behind each innovation. Yet they all had mobile phones and accounts before. We have to earn their trust and their respect and communicate our services clearly.

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Payment Services Accounting Planning Promotions 105

Retail TouchPoints

SEPTEMBER 29, 2020

Retailers seeking guidance as they look ahead to an uncertain Q4 will find plenty of solid, practical advice in the 2020 Retail Strategy and Planning series of webinars, now available on-demand. As a result, many retailers must move beyond manual processes to calculate their sales tax obligations.

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Payment Services Fulfillment Location Shipping 254

365 Retail

JUNE 2, 2021

The same applies to the numerous reputable banking apps people are utilising in 2021, too. It comes with a whole host of beneficial features, including the ability to categorise your spending and to see the accounts you hold with other banks. The apps on offer are mightily impressive.

Finance 52

Finance Payment Services Accounting Planning 52

Retail TouchPoints

JULY 30, 2021

accounted for $5 billion of Alibaba’s total $74.1 products, combined with the sheer size of the Chinese market, make the potential hard to ignore : “It’s an opportunity for Western brands to find a faster-growing market than the one they’re currently operating in. billion in 2021, making up 37.4% In fact, the U.S.

Merchant Services 277

Merchant Services Accounting Social Commerce Payment Services 277

Inside Retail

DECEMBER 7, 2021

As a window into future spending patterns across the economy and the only model of its kind globally, it can help retailers plan their operational strategies with greater confidence. with the annual change in the Australian Bureau of Statistics’ (ABS) National Accounts nominal household final consumption over recent years.

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Payment Services Inventory Management Accounting Consumer 130

Inside Retail

JUNE 22, 2021

Consumers over 65 were the fastest growing group of online shoppers in the US in 2020, according to NPD Group’s Checkout Tracking, and they accounted for 30 per cent of goods purchased online in the UK last year compared to 20 per cent the year before, The Economist reported. Font size and payment options.

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Payment Services Department Stores Shopping Consumer 236

Retail TouchPoints

JULY 11, 2023

Often referred to as third-party sellers, these independent businesses now account for more than 60% of annual sales on Amazon, according to the company, and they sell an average of 7,800 products every minute through the platform. from Prime Day 2021, while 1P sales increased 6.1% , according to Capitol One Research.

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Payment Services Shipping Checkout Fulfillment 148

I Vend

APRIL 5, 2023

Read more A point of sale (POS) system is the nerve centre of any retail operation. It performs the core functions in the store – managing the customer transactions that enable you to trade and taking the payments that make up your revenue. The ability to rapidly set up kerbside pickup , pop-up stores or concessions.

Customer Experience 52

Customer Experience Payment Services Point of Sale Inventory Management 52

Cisco Retail

JULY 14, 2021

And once they’ve found their way into your business and encrypted your data and files, ransomware operators will demand substantial sums of money to restore them. Data is the lifeblood of every organization, often halting operations when it’s not available. There are various ways ransomware operators can infiltrate an environment.

Payment Services 145

Payment Services Planning Accounting ATS 145