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Choosing a Distribution Model: Drop Shipping vs Traditional Inventory

Retail Bound

From the manufacturers to the distributors, to your retail store – there are many factors and unexpected costs to consider during the shipping process that can be often overlooked. This involves: Market Analysis: Understand your target audience, their preferences, and their buying behavior.

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Merchants call on Fed to cut debit card swipe fees

Mass Relators

WASHINGTON – The Merchants Payments Coalition on Tuesday called for the Federal Reserve to revise debit card swipe fee rules to reflect lower bank costs. The swipe fee regulations were adopted a decade ago, and a new Fed report shows that banks’ average cost of processing the transactions has since fallen by half.

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NRF again asks Congress to address ‘swipe’ fees

Mass Relators

credit card market and currently restrict competition by allowing transactions made on cards issued under their brands to be processed only over their own networks. Merchants would then choose which of the two networks to use, prompting networks to compete over fees, security and service. billion charged in 2009.

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Retailers sue Fed over debit card swipe fees

Mass Relators

WASHINGTON — Retailers filed a lawsuit on Thursday seeking to compel the Federal Reserve to lower its 10-year-old cap on the “swipe” fees banks charge to process debit card transactions. The suit, filed by the North Dakota Retail Association and the North Dakota Petroleum Marketers Association in U.S. District Court in Bismarck, N.D.,

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Retailers Sue Fed Over Failure to Follow Congress’ Direction on Debit Card Swipe Fees

VMS

(PRESS RELEASE) WASHINGTON — Retailers have filed a lawsuit seeking to have the Federal Reserve lower its 10-year-old cap on “swipe” fees banks charge to process debit card transactions, saying the agency wrongly applied federal law and that merchants have paid billions of dollars more than intended by Congress while banks’ costs have fallen.

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How Tmall Global is overcoming the challenges of China’s zero-Covid policy

Inside Retail

When it comes to innovation, Shan said that Tmall Global has a three-pronged approach, namely focusing on general digital commerce infrastructure, customer perspectives and merchant brand experiences. Digitising every aspect of the merchant operations is also key. We recognise the need to help our merchants.

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8 Things You Need to Know About Block (Formerly Known as Square)

Indigo 9 Digital

First there was Square which was founded in 2009. Cash App started allowing users to make purchases in Bitcoin in 2018, making Cash App one the first mainstream payment apps to do so. Following the acquisition merchants using Square are able to offer BNPL to their customers. Then Block added Cash App in 2013. from last year.