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Why Retailers Need Cloud-Native Payment Orchestration: 5 Tips to Flexible, Scalable, Customized Payment Infrastructure

Retail TouchPoints

Why is payment orchestration suddenly getting so much attention? Payment orchestration is no longer optional. Surprisingly, how retailers manage and handle payments has not changed; it’s decisively stuck 20 years in the past. A No-Win Payments Scenario. This software is generically called “payment orchestration.”

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Announcing the public availability of the Cisco Cloud Controls Framework (CCF)

Cisco Retail

Many organizations struggle to keep pace with this resource- and time-intensive process. They are looking for methods and tools to help launch them on their journey to cloud compliance and broaden their global market access. ISO 22301:2019 – Security and resilience — Business continuity management systems — Requirements.

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CEO Details ‘Reimagination of eBay’ Including a Collectibles Vault and New Digital Wallet

Retail TouchPoints

eBay also is making moves in the world of digital payments , with plans to launch its own digital wallet. This is the latest development in a nearly four-year transition away from former subsidiary PayPal toward an internally managed end-to-end payments system.

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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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Hair salon penalised over unlawful cashback scheme

Inside Retail

The former operators of a Sydney hairdressing salon have incurred more than $291,000 in penalties, as well as having received backpayment orders, for having underpaid a worker through an unlawful cashback scheme. compensation (plus interest) to rectify the underpayments and cashback payments.

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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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Macy’s Shakes Up Senior Leadership, Eliminates COO Role

Retail TouchPoints

Macy’s has announced a series of changes to its senior leadership team, including the elimination of the Chief Operations Officer role, as it moves forward with its “Polaris” omnichannel transformation strategy. Miller also has held leadership roles at global payments processing firm First Data Corporation, TD Ameritrade and The U.S.