Inside Retail

SEPTEMBER 3, 2024

Technological advancements over the past decade revolutionised the way consumers pay for goods and services. Phones and smartwatches are now regularly used to make payments, more recently complemented by such emerging options as buy-now-pay-later and cryptocurrencies. This happens across all payment methods.

Merchant Services 147

Merchant Services Payment Services Consumer Promotions 147

Inside Retail

APRIL 12, 2022

The use of cash has also significantly reduced, with more customers opting for contactless payments. According to the Reserve Bank of Australia’s Consumer Payments Survey, cash had reduced from 69 per cent of transactions in 2007 to 27 per cent in 2019. Contactless payments reduce administrative tasks for staff.

Payment Services 147

Payment Services Consumer Clienteling Promotions 147

I Vend

SEPTEMBER 1, 2022

Recessions have a tendency to widen the chasm between those retailers who are effective operators with inbuilt resilience, and those who can get by in good times, but struggle when the going gets tough. Retail Technology: Efficient in-store operations. Fast, reliable retail POS system and contactless payments for smooth checkout.

Dead-Stock 98

Dead-Stock Payment Services Sporting Goods Inventory Management 98

Inside Retail

JANUARY 21, 2025

Moving towards digital wallets and micro-gifting Australia’s rapid shift towards a cashless society is evident, with cash accounting for only 13 per cent of all payments in 2022, down from 70 per cent in 2007. In its place, digital payments are rising, with digital wallet transactions totalling $126 billion in FY23.

Payment Services 130

Payment Services Merchant Services Consumer Accounting 130