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Consumers and Merchants Should Look Before They Leap into BNPL Services

Retail TouchPoints

The economic fallout from the COVID-19 pandemic accelerated demand for buy now, pay later (BNPL) payment options. Research by The Ascent showed that among people who have used a BNPL service, 45% first did so in 2019, 21% first did so in 2020, and only 7% had used a BNPL service prior to 2015.

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Beyond the Transaction: How PayPal is Helping Remove Friction Across the Commerce Experience

Retail TouchPoints

Since spinning off from eBay and going public for a second time in 2015, PayPal has expanded its reach well beyond that one digital marketplace to more than 30 million merchants worldwide. PayPal will need this edge as the world of digital payments heats up, with formidable competitors including Apple and Google snapping at its heels.

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New 2021 VAT Rules Will Simplify Filing, but Complicate Calculation

Retail TouchPoints

Called the “low value consignment stock relief,” the threshold was intended to reduce the administrative burden in customs compliance. The new rules broadly extend a 2015 VAT adjustment for certain sales of digital, telecommunications and broadcast services to include ecommerce goods.

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How Kulani Kinis is thriving in overseas markets

Inside Retail

Danielle Atkins and Alexander Babich started Australian bikini label Kulani Kinis as a side hustle in 2015. While a competitive market, Kulani Kinis has proven popular with customers by prioritising customer service, fast international shipping and high quality products, the latter being a major bugbear with consumers in this category.

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Retail appointments of the week

Inside Retail

Maggie Beer Holdings’ CEO and MD Chantale Millard says she plans to resign by the end of the year. Brandbank owns and operates retail brands Seed Heritage, Kikki K, French Connection, Commonry, Fine Day and All Kinds. Third is Mark Westfall, who is chief services officer at the business and has been with Coca-Cola since 2009.

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Locals rebuff invaders: Inside Vietnam’s convenience stores war

Inside Retail

They grew quickly, relatively unchallenged by local operators. Since the beginning of this year, the chain has opened 300 Winmart+ stores, with 800 more planned by the end of this year. The company’s VinCommerce unit – into which South Korea’s SK Group invested nearly US$1.5

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What Is Cybersecurity?

Small Biz Trends

trillion annually by 2025 – this is up from $3 trillion in 2015. They’re interested in valuable targets, they also can tweak their practices to attack easy targets to steal employee and customer records, bank account information, access business finances, and gain access to larger networks. Why Is Cyber Security Important?