Cisco Retail

MAY 5, 2022

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.

Payment Services 140

Payment Services Management Marketing ATS 140

Retail TouchPoints

JULY 5, 2021

Reinventing Payments: The Entry of Bitcoin. Bitcoin began as a concept to revolutionize payments in 2008, and today stands at a total valuation of more than $1.1 Bitcoin began as a concept to revolutionize payments in 2008, and today stands at a total valuation of more than $1.1

Merchant Services 188

Merchant Services Payment Services Consumer Marketing 188

Retail TouchPoints

APRIL 5, 2021

It has been a year of momentous change for the payments industry. For instance, cash usage waned even further this year amongst fears around the pandemic, leading to a coin shortage across the country that had many merchants pointing consumers to digital payments if they lack exact change.

Merchant Services 192

Merchant Services Payment Services Checkout Consumer 192

Inside Retail

APRIL 29, 2023

The acceptance of cash has started to trend upwards again, but payment technology is helping businesses to deliver consistently better experiences, so what does the future hold? And how can businesses be ready for evolving payment technologies? Consumers, too, preferred to use contactless payments or to shop online.

Merchant Services 130

Merchant Services Payment Services Customer Experience Point of Sale 130

Retail TouchPoints

APRIL 23, 2021

Flexible payment provider Affirm is expanding its range of services to include the post-purchase experience with the acquisition of online returns solution Returnly for approximately $300 million. Retailers such as Walmart , Bonobos and Peloton currently use Affirm to offer customers flexible payment options such as Buy Now, Pay Later.

Merchant Services 278

Merchant Services Payment Services Returns Fashion 278

Retail TouchPoints

FEBRUARY 16, 2022

How will we pay for goods and services? Current regulations stipulate that the taxation of services is based on the location or habitual residence of the buyer, while the taxation of physical goods is based on the ship-to location or jurisdiction. Brands will need to invest in compliance. Payments could look very different.

Payment Services 245

Payment Services Location Consumer Fulfillment 245

Retail TouchPoints

APRIL 27, 2021

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.

Merchant Services 130

Merchant Services Payment Services Consumer Point of Sale 130

Inside Retail

JUNE 23, 2023

Payment giants Visa and Mastercard have pledged not to offer merchants cut-price credit transaction rates if they lock into their debit transaction systems, a move small business advocates hope will level the playing field for local SMEs. billion in debit card transaction fees in 2019 alone.

Merchant Services 130

Merchant Services Payment Services Marketing 130

Inside Retail

OCTOBER 13, 2021

Options such as buy now, pay later (BNPL) services were first introduced to business to consumer (B2C) transactions, giving customers the ability to access products and services they need today while paying at a later date or over a series of instalments. . Transform your B2B transactions with better payment technology.

Payment Services 355

Payment Services Finance Customer Experience Wholesale 355

Retail TouchPoints

OCTOBER 21, 2021

The payments provider has worked to stay at the cutting edge of relevant trends, including the buy now, pay later (BNPL) services that are currently experiencing massive growth and are expected to surge during the holidays. The payments platform acquired deal-finding platform Honey Science Corp. for $4 billion in November 2019.

Merchant Services 246

Merchant Services Payment Services Social Commerce Consumer 246

Inside Retail

NOVEMBER 22, 2023

The danger facing the retail sector is year-long and growing, as revealed in the just-released Trustwave Threat Intelligence Briefing: The 2023 Retail Services Sector Threat Landscape. trillion in 2022, marking a 209 per cent increase from 2019, according to Comscore. This effort does pay off.

Payment Services 162

Payment Services Supply Chain Management Accounting Point of Sale 162

Retail TouchPoints

AUGUST 15, 2023

The appointment follows a search process conducted over the past several months with the mandate to find a next-generation leader with extensive global payments, product and technology experience capable of driving growth across the PayPal platform.

Payment Services 187

Payment Services Management 187

Retail TouchPoints

MARCH 17, 2023

Amazon One, our contactless, palm-based identity and payment service, is one of the entry options offered at select Amazon Go stores along with credit card and the Amazon app. The customer is always in control of when they choose to be identified using their palm.”

Payment Services 241

Payment Services Location Store Operations ATS 241

Retail TouchPoints

MARCH 3, 2022

Enhancements to its same-day delivery offering with the previously announced addition of product returns and Starbucks order pickup to its Drive Up service at select stores, as well as an expansion of the backup item option for more categories.

Payment Services 220

Payment Services Shopping Planning Fulfillment 220

Retail Times

NOVEMBER 29, 2021

Barclaycard Payments, which processes nearly £1 in every £3 spent in the UK, has so far today (as at 5pm) seen a: 16.7% increase in the volume of payments compared to the same period on Cyber Monday 2020 4.5% increase in the volume of payments compared to the same period on Cyber Monday 2019.

Payment Services 52

Payment Services ATS 52

Retail Gazette

MARCH 26, 2024

Ocado Retail CEO Hannah Gibson has insisted that Ocado Group and M&S are “absolutely aligned,” despite the wrangling over the latter’s withheld final payment for the joint venture. payment by August, dependent on the venture’s performance against an undisclosed target in the year to November 2023.

Payment Services 64

Payment Services Grocer Planning Supermarket 64

Retail TouchPoints

JUNE 8, 2020

Touch-free “contactless” payments in stores and at vending machines are gaining popularity with U.S. Although contactless payments are already popular in much of the world, they hadn’t seen much interest in the U.S. And NFC payments offer the same level of security as EMV-chip enabled cards. Here’s what U.S.

Payment Services 209

Payment Services Consumer Point of Sale Promotions 209

Retail TouchPoints

AUGUST 17, 2022

in 2019 to 14.9% On one hand, ecommerce automation saves a ton of time compared to manual ways of executing an operation. On another, it may even enable a nonexistent infeasible process, i.e. a process that’s unthinkable in a manual way but can provide an unprecedented growth opportunity to companies when automated.

Payment Services 359

Payment Services Advertising Returns Checkout 359

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. share of ecommerce payments. share of ecommerce payments.

Merchant Services 291

Merchant Services Payment Services Checkout Accounting 291

Inside Retail

NOVEMBER 21, 2021

The Australian company, a subsidiary of the Emirates Group, operates a total of 39 restaurants, cafes and bars, many at airports. Emirates Leisure Retail identified that 2381 current and former employees were underpaid $4,722,350, plus $450,119 in superannuation, between 2014 and 2019. The largest individual back-payment was $53,614.

Payment Services 130

Payment Services Employee Engagement Location Shopping 130

Inside Retail

NOVEMBER 4, 2021

Buy now pay later (BNPL) services have quickly become commonplace for consumers. Company reports for ASX-listed BNPL providers outline that the value of BNPL transactions grew by 55 per cent in 2019-20 , and in the last two financial years, BNPL transactions have tripled. Increase payment terms without restricting your cash flow.

Payment Services 246

Payment Services Consumer Finance Wholesale 246

Retail TouchPoints

DECEMBER 28, 2021

Think food services, retail and personal and laundry services, for instance. This included adding ecommerce platforms, touchless payments and contactless delivery such as curbside or buy online, pick up in-store (BOPIS). Reasons cited were that the country’s 1.1 Although disparities continue, certain movements help.

Payment Services 274

Payment Services Finance Marketing Promotions 274

Retail TouchPoints

OCTOBER 4, 2022

In addition to supporting customers who use Supplemental Nutrition Assistance Program (SNAP) Electronic Benefits Transfer (EBT) payment options, the program also affords easier access to Amazon Layaway. It also noted that the program expanded its membership by more than 300% between 2019 and the end of 2021.

Payment Services 261

Payment Services Shipping Planning Consumer 261

Frank Mayer

APRIL 30, 2021

Self-service technology has empowered patrons to take actions on their own, while businesses benefit from the enhanced customer service and added revenue these tools provide. From countertop and tablet units to large format floor kiosks, a typical price range for a standard self-service kiosk runs between $1,500 to $5,000.

Kiosk 74

Kiosk Payment Services Grocer Planning 74

Retail TouchPoints

OCTOBER 11, 2021

The retailer also is currently seeking third-party solution providers in areas including payment processors, order management and shipping and fulfillment. Moore’s stores and intellectual property during the company’s 2019 bankruptcy. Michaels gained access to some of A.C.

Payment Services 262

Payment Services Drop-Shipping Fulfillment Shipping 262

A1 Retail

MAY 23, 2022

Global payment service provider, Computop , is this month celebrating a quarter of a century since it was first established. The company is well placed to serve the current trend for customised payments, particularly amongst large retailers and industrial companies and mobility providers. Computop’s growth is entirely organic.

Payment Services 52

Payment Services Marketing ATS 52

Retail TouchPoints

JULY 14, 2021

Ap p le will reportedly team up with Goldman Sachs to launch its own buy now, pay later (BNPL) platform that lets shoppers make Apple Pay payments in installments, according to Bloomberg News. This builds on Apple and Goldman’s existing partnership on the Apple Card credit card, which has been backed by the investment bank since 2019.

Payment Services 299

Payment Services Planning Accounting Marketing 299

A1 Retail

FEBRUARY 6, 2023

Co-op has ‘clicked’ with digital payment provider, PayPal, to offer additional choice for shoppers to make simple, safe and secure purchases of groceries through the convenience retailer’s online shop. The convenience retailer launched its online shop in 2019 and has since expanded at pace.

Payment Services 97

Payment Services Accounting Shopping Consumer 97

Retail TouchPoints

APRIL 5, 2023

Buy Now, Pay Later ( BNPL ) solutions have exploded in popularity, with a staggering growth rate of 1000% since 2019. So far, this payment method has made it easy for millions to purchase nice-to-have items such as the latest iPhone, trendy sofas, designer handbags and stylish clothes without paying in full upfront.

Merchant Services 246

Merchant Services Payment Services Finance Consumer 246

Retail TouchPoints

AUGUST 3, 2020

The remaining Lord & Taylor stores continue to operate as Lord & Taylor owner Le Tote Inc. The clothing rental subscription service purchased Lord & Taylor from Hudson’s Bay Company in November 2019. Le Tote continues to operate its digital subscription service, as well as Lord & Taylor’s online retail business.

Merchant Services 291

Merchant Services Payment Services Location Store Operations 291

Retail TouchPoints

DECEMBER 22, 2021

McDonald’s made headlines when it acquired the personalization solution provider Dynamic Yield in March 2019 for a reported $300 million. The SaaS platform uses AI to support more than 400 brands in industries including retail, financial services, travel and restaurants.

Merchant Services 234

Merchant Services Payment Services Consumer Marketing 234

Retail TouchPoints

SEPTEMBER 15, 2021

PetSmart has joined the growing ranks of retailers offering buy now, pay later (BNPL) services through a new partnership with Afterpay. The use of BNPL services in the first half of 2021 grew 88% compared to 2019, according to the Adobe Digital Economy Index , and Juniper Research projected that the total number of BNPL users will exceed 1.5

Merchant Services 217

Merchant Services Payment Services Shopping Marketing 217

365 Retail

MARCH 14, 2022

Online shoppers may find they need to confirm their identity more often when making payments from Monday, as changes to combat fraud come into force. She continued: “When a customer makes a payment online, their bank or payment provider will need to verify who they are before the transaction will go through.

Merchant Services 73

Merchant Services Payment Services Finance Shopping 73

Retail TouchPoints

JUNE 15, 2022

based online sellers” are reportedly participating in the beta test of Buy Direct, but a source told Business Insider that Microsoft hopes the service will drive $25 million in gross merchandising value (GMV) by fiscal 2023, which ends June 30, 2023. At the moment a “ couple hundred U.S.-based

Merchant Services 297

Merchant Services Shopping Payment Services Advertising 297

Retail TouchPoints

DECEMBER 13, 2021

In fact, Cornerstone Advisors found that Gen Z consumers using BNPL grew from 6% in 2019 to 36% in 2021, and millennials’ use of BNPL is up to 41%. The service allows shoppers to buy higher-ticket items without committing to the full price upfront. Flexibility on payments and returns is a key portion of retailer’s holiday success.

Payment Services 254

Payment Services Consumer Returns Management 254

Inside Retail

APRIL 17, 2023

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.

Payment Services 246

Payment Services Accounting Management ATS 246

Retail TouchPoints

JULY 7, 2020

As we move forward, these capabilities are critical for all retailers: Accept Contactless Payments. In 2019, the global contactless payments terminal market was valued at $13.23 consumers have not pushed retailers to accept contactless payments as they have in Asia and Europe, but in April, U.S. Traditionally, U.S.

Merchant Services 197

Merchant Services Payment Services Point of Sale Consumer 197