Retail TouchPoints

APRIL 21, 2021

The pandemic accelerated not just ecommerce but also digital payment methods: digital wallets reached 29.3% The wallets are expected to unseat credit cards as the preferred online payment method in the coming years, according to the FIS Global Payments Report 2021. Digital wallet usage is expected to account for 40.5%

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Merchant Services Payment Services Checkout Accounting 284

Retail TouchPoints

JANUARY 12, 2024

The purchase amount is automatically deducted from the employee’s payroll account, a major benefit for doctors, nurses and other staff people who often don’t carry wallets or purses while they’re working. Employees can look up receipts and account balances in the hospital’s badge pay web portal or mobile app.

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Payment Services Accounting Checkout Apparel 225

Retail Minded

MARCH 30, 2023

In the competitive environment of e-commerce, most consumers expect businesses to offer them fast and easy checkout. The more satisfied customers are with your e-commerce site, the more likely they will return. These include lack of diverse payment options or non-responsive website layouts.

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Retail TouchPoints

JUNE 23, 2022

Last year, the average family with K-12 students spent $848 on return to school items, while families of college students spent an average of $1,200, according to the National Retail Federation. Give Back-to-School Shoppers Alternative Payment Options. Streamline Your Checkout Process for Busy Parents and Students.

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Payment Services Checkout Drop-Shipping Customer Retention 252

Inside Retail

MARCH 17, 2022

It connects, on a centralised and measurable platform, several touchpoints and interactions a customer has with the brand or business: payments, rewards, inventory, delivery options, product return, supply chain, fulfilment options, and more. it operates in silos and unconnected platforms. Buy online, return in-store.

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Checkout Drop-Shipping Payment Services Inventory Management 246

Inside Retail

MARCH 12, 2024

Square is revolutionising the way small and medium-sized retailers can manage inventory and payments through a combination of next-generation hardware and custom-built software. Square’s system also allows retailers to accept returns at any location and seamlessly process exchanges. Offer not valid with guest checkout.

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Payment Services Accounting Promotions Point of Sale 130

Inside Retail

MAY 31, 2022

But it’s important to consider the costs as well as the benefits before jumping at a new payment method. That means having honest conversations with BNPL providers and your own team around issues like fees, integration, UX, accreditation and customer ownership, accountability and bad debt management. .

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Retail TouchPoints

FEBRUARY 27, 2024

Cyberattacks and network outages can disrupt operations and erode customer loyalty. This article delves into the evolving threat landscape, examining the impact of these disruptions on retail operations and exploring proactive measures for safeguarding businesses, customer data and reputations.

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Payment Services Wholesale Store Layout Inventory Management 235

A1 Retail

AUGUST 26, 2021

To do so effectively, however, retailers need to optimise their payments ecosystems now to put in place the right framework for expansion in the future. Consumers also became more open to experimenting with new payment methods, with many consumers saying they tried out a BNPL service last year. Creating backend efficiencies.

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Merchant Services Payment Services Consumer Returns 98

Retail TouchPoints

DECEMBER 30, 2021

Account takeover fraud, which is driven by impostor scams, increased by 50%, with no signs of slowing down in 2021. Scammers gather financial account information and government program ID numbers to take over accounts, divert funds and commit identity fraud. K eep bots out of your customers’ accounts and checkout.

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Merchant Services Accounting Payment Services Returns 254

I Vend

AUGUST 13, 2023

They have become ever more demanding about what they want: service, price, choice, convenience, omnichannel retail, frictionless checkout – and if they’re not satisfied, they simply go elsewhere. So the first common feature we see in successful retailers is their customer-centricity.

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Payment Services Point of Sale Inventory Management Supply Chain Management 98

Inside Retail

OCTOBER 6, 2021

The customer goes through the checkout process as usual and on the confirmation page they have the option to view their AirRobe account which will show them the item that they have just bought as well as previously purchased items. Tapping into gen Z spending power.

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Payment Services Fashion Accessories Checkout 246

I Vend

JULY 27, 2021

Frictionless checkout – is it the new omnichannel? Now, more than 10 years on, why do I say that frictionless checkout is the ‘new omnichannel’? Well, from my discussions with retailers, I can see that there has been a similar lightbulb realisation about frictionless checkout. It detracts from the customer experience.

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Checkout Payment Services Inventory Management Customer Experience 52

Inside Retail

FEBRUARY 28, 2022

To meet the growing needs of their clients during Covid, Merchgirls created a custom pick and pack process that elevated the offering from B2B to B2C on a mass scale. As a result, Merchgirls saw an exponential increase in both return business and conversion rate, increasing by 90 per cent and 300 per cent, respectively. .

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Merchant Services Payment Services Shipping Fulfillment 130

Inside Retail

OCTOBER 21, 2021

James Johnson, director of technology services & strategic accounts, APAC at Shopify, says it is critical for Australian retailers to optimise their product offers and sales channels to make the most of the sales season and seize the opportunity to end a difficult year on a high.

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Retail TouchPoints

JUNE 4, 2021

“We want to help people discover, learn about and shop for the products they love — whether those products come from a big box retailer, new direct-to-consumer brands or the mom-and-pop shop down the street,” said Bill Ready, President of Commerce and Payments at Google in a blog post announcing enhancements to the Google shopping experience. “We’re

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Retail TouchPoints

MARCH 3, 2022

That includes frictionless payments and checkout and fast shipping options. Professional fraud rings are shopping with other people’s payment data or loyalty points, so they’re usually not as price-sensitive as customers shopping with their own money. Account takeover fraud trends pose additional risks.

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Merchant Services Drop-Shipping Payment Services Shipping 213

I Vend

MAY 8, 2024

Online sales account for $40 billion and are growing faster than brick and mortar sales. They can provide guidance to customers in the aisle as they browse, upsell to increase basket size, and even take payment so that customers avoid checkout lanes. A loyalty system and tailored promotions encourage this behaviour.

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Shrinkage Inventory Management Payment Services Point of Sale 81

Retail TouchPoints

JUNE 21, 2022

Within the customer-facing area of the approximately 30,000-square-foot space , shoppers will find only one piece for each item, except for a few displays showcasing jewelry and beauty items near checkout points to promote impulse purchases. Expanding Checkout Options Beyond In-Store Shopping.

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Payment Services Checkout Fashion Jewelry 181

A1 Retail

JULY 2, 2021

This trend is fueled by online shoppers willing to purchase goods outside of their country’s borders, so long as the process is smooth, and reliable. A localised approach to processing can increase the number of successful transactions, but there are several crucial elements that need to be taken into consideration. Compliance is Key.

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Payment Services Checkout Shipping Consumer 98

A1 Retail

SEPTEMBER 27, 2023

Mollie reveals that economically ‘concerned’ consumers are relying more on social media, BNPL, and discounts when shopping online but expect to spend more in the next year Mollie , one of the fastest growing financial service providers in Europe, today unveiled findings from its second annual European Ecommerce Report.

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Merchant Services Consumer Payment Services Checkout 59

365 Retail

NOVEMBER 14, 2022

Hobbycraft has launched its new Cut & Create subscription service to help digital crafters get the most out of their machines. The subscription will be an annual service available to customers for just £39.50 The subscription will be an annual service available to customers for just £39.50 cutandcreate.

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Payment Services Accessories Checkout Accounting 81

Retail TouchPoints

DECEMBER 17, 2021

Klarna has launched a new browser extension that enables consumers shopping on desktop computers to access its buy now, pay later service at any online store, even if the retailer is not a Klarna partner. . Despite the recent growth in mobile shopping, desktop still accounts for 32% of all ecommerce traffic, according to SaleCycle.

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Merchant Services Checkout Payment Services Consumer 216

Retail TouchPoints

NOVEMBER 26, 2020

That means showing customers high-quality images, answering frequent questions on sales pages, using an FAQ or chatbot for other concerns (like shipping times or costs), and reducing the number of hoops they have to jump through for the checkout purchase. Increase your payment options. Provide information and advice.

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Payment Services Checkout Shipping Fulfillment 190

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. To access the deal, shoppers must be Prime members and use the Buy with Prime option at checkout.

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Payment Services Shipping Checkout Fulfillment 145

Store Growers

APRIL 1, 2022

Having your Google Merchant Center account suspended can be a death sentence for your business. Most of the time, they are also clueless as to why their account got suspended. In this guide, we’ll take a look at the possible reasons why your Google Merchant Center account was suspended and look at some ways to fix this.

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Merchant Services Accounting Payment Services Advertising 36

Inside Retail

APRIL 25, 2023

Rather, it is in constant flux, with innovations shifting the way that industry players operate, and changing the way that consumers and traders interact with one-another. The technologies exist, the right tech stack just needs to be built for purpose.”

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Shopping Payment Services Inventory Management Supply Chain Management 130

Retail TouchPoints

AUGUST 7, 2023

A few days before reporting Q2 earnings, Wish also announced plans to cut approximately 34% of its workforce, or about 255 employees, in order to “refocus the company’s operations.” Temu also operates as a manufacturer-to-consumer marketplace and offers a wide range of merchandise, from homewares to apparel.

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Merchant Services Drop-Shipping Shipping Payment Services 194

Small Biz Trends

SEPTEMBER 26, 2021

Cashiers play an important role in your business operation as they handle most of the monetary transactions. While a well-trained cashier can offer a balanced cash drawer, shorter lines in the checkout aisle, and most importantly satisfied customers. In business, loss in processing time results in incurring additional costs.

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Payment Services Accounting Customer Retention Returns 142

Retail TouchPoints

JUNE 2, 2023

They are at the cusp of all things digital, which drives us on everything, from payment options to search — and ultimately, from a merchandising platform standpoint. The retailer has seen digital sales shift away from next-day deliveries, which now account for just 18.2% Being connected is vital to providing the right customer service.”

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Inventory Management Management Fulfillment Supply Chain Management 237

Independent Retailer

NOVEMBER 30, 2022

While all of these new opportunities sound exciting, entering a new market unprepared can be a massive drain on resources with little to no return. Wholesale businesses need to make sure they are fully prepared to handle the process. Compliance & Regulations. Provide a Variety of Online Payment Options. back to top.

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Wholesale Payment Services Target Market Marketing 75

Retail Next

DECEMBER 19, 2019

Just a few decades ago a POS (point of sale) terminal was nothing more than a cash register where you’d come and pay for goods or services you just acquired in a certain store. This way the checkout process is much faster, while the rest of your stock is also easily accessible via a search query. Multiple payment methods.

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Payment Services Checkout Accounting Point of Sale 64

Mass Relators

APRIL 20, 2022

Members will have the flexibility to shop from merchants directly, all while enjoying the fast, free delivery, seamless checkout, and easy returns they’ve come to know and love from Amazon.”. Pricing is based on a service fee, a payment processing fee, and fulfillment and storage fees that are calculated per unit.

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Merchant Services Payment Services ATS Fulfillment 52

I Vend

MARCH 11, 2024

The best POS systems integrate loyalty with: Point of sale (POS) systems , including mobile payments and self-checkout – making it straightforward for shoppers to earn and burn points as they check out. Returns processing, to preserve the integrity of points – when goods are returned, so are points.

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Point of Sale Payment Services Returns Inventory Management 52

365 Retail

DECEMBER 9, 2021

Klarna, the global retail bank, payments, and shopping service, today announced the launch of the Klarna browser extension, which had been in beta testing with over 100,000 consumers. At Klarna, we want to offer consumers the world’s best shopping and payments experience – no matter what device they are using.

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Merchant Services Consumer Payment Services Checkout 64

I Vend

FEBRUARY 15, 2024

The best POS systems integrate loyalty with: Point of sale (POS) systems , including mobile payments and self-checkout – making it straightforward for shoppers to earn and burn points as they check out. Returns processing, to preserve the integrity of points – when goods are returned, so are points.

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Point of Sale Payment Services Returns Inventory Management 52

Retail TouchPoints

DECEMBER 2, 2020

Case in point: Return rates for online purchases are 15% to 40%, compared with 5% to 10% for in-store purchases. Consumers don’t have to think about transportation, parking, and other limitations like store hours; and Credit cards and virtual payments are like chips in a casino. However, rational choices are not always made.

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