365 Retail

OCTOBER 5, 2023

iwoca , one of Europe’s largest small business lenders, today announces the integration of its B2B payment solution iwocaPay with leading commerce platform, Shopify. The move will allow Shopify’s B2B retailers to embed iwocaPay, the B2B trade credit solution, into their ecommerce checkouts.

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Merchant Services Payment Services Checkout Shopping 111

Inside Retail

OCTOBER 19, 2021

As global apparel revenues plummeted almost 20 per cent in 2020, e-commerce has emerged as the silver lining of the fashion industry’s challenging year. E-commerce fashion sales are expected to grow almost 39 per cent between 2020 and 2023. Online shoppers want variety – and they want it for everything, including their payment options.

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Merchant Services Fashion Payment Services Checkout 147

Retail TouchPoints

JULY 7, 2020

While we shouldn’t expect online sales to remain at their peak levels when the safety risks of in-person shopping dissipate, merchants cannot hope to weather the storm and return to business as usual. As we move forward, these capabilities are critical for all retailers: Accept Contactless Payments. Traditionally, U.S. And the U.S.

Merchant Services 215

Merchant Services Payment Services Point of Sale Consumer 215

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.

Merchant Services 304

Merchant Services Shopping Payment Services Advertising 304

A1 Retail

JANUARY 27, 2022

The value of payments made contactlessly increased 40.2 per cent compared to 2020. Thursday 23 December was the busiest day for contactless payments with the value of eligible transactions 121.4 Other significant increases in the value of payments made include at sports and outdoor retailers (up 64.7 per cent**.

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Merchant Services Payment Services Outdoor Checkout 75

Retail TouchPoints

NOVEMBER 11, 2020

Brick-and-mortar stores quickly set up online shops, and organizations offered new services such as online checkout, payout or purchasing options. The result was substantial: all North American online retail orders increased by 126% by May 3, 2020. For others, risks were invited in via third parties.

Merchant Services 166

Merchant Services Consumer Checkout Management 166

Retail TouchPoints

DECEMBER 30, 2021

In 2020, consumers spent approximately $630 billion on online shopping, and merchants lost $12 billion to fraud. However, by understanding how fraudsters target different age groups, merchants can tailor their fraud prevention programs to fit the risk profiles for their customer demographics.

Merchant Services 283

Merchant Services Accounting Payment Services Returns 283

Retail TouchPoints

JUNE 23, 2021

In 2020, data security specialist Varonis calculated that close to 10 billion data records had been lost or stolen since 2013 — a third more records than there are people. In 2018, 151 million conventional (non-bot) attacks were observed, and of these, 91 million were directed at online merchants. alone, 19 per inhabitant.

Merchant Services 150

Merchant Services Payment Services Shopping Checkout 150

Inside Retail

OCTOBER 11, 2022

Our new report, The Global Retailers Handbook , makes a case for the continued need for retailers to analyse and optimise every aspect of their e-commerce experience as consumers become more deeply connected to digital shopping and payments. . Payments must follow. E-commerce maintains its bounce. The rise and rise of marketplaces.

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Merchant Services Checkout Consumer Planning 130

Retail TouchPoints

JULY 10, 2020

As well, many unknowns about pending legislation and its effect on merchants around the world can cause some anxiety for those in the industry. Merchants need to be aware of the constantly shifting nature of commerce and prepare accordingly to ensure they keep pace with the many factors impacting their business.

Merchant Services 155

Merchant Services Customer Experience Checkout Fulfillment 155

365 Retail

APRIL 28, 2021

Fashion brands are pivoting to offer new, value-add delivery services and improved post-purchase experiences to enhance sales, encourage customer loyalty and protect margins, the latest data from parcelLab , the leading operations experience platform, reveals.

Merchant Services 52

Merchant Services Payment Services Fashion Checkout 52

Retail TouchPoints

SEPTEMBER 8, 2021

According to a 2020 survey, over half of U.S. While Amazon is a consumer-facing platform, Shopify is merchant-facing; enabling small businesses, mom-and-pop stores and brick-and-mortar stores to sell online by handling payment and inventory for the businesses. It’s no secret that Amazon is the ecommerce titan.

Merchant Services 236

Merchant Services Payment Services Fulfillment Shipping 236

Inside Retail

JANUARY 12, 2023

As far back as May 2020, an Ipsos study indicated that two-thirds of Americans were buying directly on, or discovering products through, social media. Social commerce covers end-to-end shopping journeys, from discovery, research and evaluation to checkout, all on the social media app. More than just ‘buy now’ buttons.

Social Commerce 264

Social Commerce Beauty and Health Merchant Services Fulfillment 264

Independent Retailer

FEBRUARY 24, 2022

As more commerce moves online, customers expect merchants to recognize them. Unfortunately, even merchants that invest in personalized marketing sometimes trip on this final step before the sale. and Australia said they experienced online payment fraud between March 2020 and March 2021. by Bruno Farinelli.

Merchant Services 90

Merchant Services Payment Services Checkout Consumer 90

Small Biz Trends

JULY 18, 2021

ShipStation says, “COVID-19 and the supply chain issues of 2020 have heightened consumers’ expectations for visibility into their shipping and delivery.” The report says businesses have to provide real-time shipping rates and delivery estimates during the checkout. So, what is a retailer to do?

Shipping 143

Shipping Consumer Merchant Services Checkout 143

Retail TouchPoints

SEPTEMBER 1, 2023

“You’re going to see a fresh coat of paint, you’re going to see new and improved lighting that really shows that product,” Rosen explained, and “you’re also going to see centralized checkout.” Beyond feeling the “reward” of great service, customers will see improved financial benefits through the retailer’s credit card and loyalty programs.

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Planning Merchant Services Inventory Management Consumer 230

Retail TouchPoints

SEPTEMBER 16, 2021

In the last two months alone, TikTok has rolled out dedicated “Shopping Tabs” for Shopify merchants, Twitter began a pilot of its “Shop Module,” and Pinterest made it possible for creators to “control the shopability of their content” by tagging products. billion in sales in 2020. earning $26.97

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Social Commerce Consumer Merchant Services Checkout 306

Retail TouchPoints

JUNE 8, 2022

in March 2020 and by 11.2% in April 2020 , while in the U.S. retail sales plunged by 20% from February to April 2020. between 2020 and 2021 in the U.S. and by 10% from 2019 to 2020 in the EU. I believe that for many merchants, the impact of the COVID pandemic was not all bad news. trillion by 2026.

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Merchant Services Payment Services Consumer Checkout 240

Retail TouchPoints

JUNE 8, 2022

in March 2020 and by 11.2% in April 2020 , while in the U.S. retail sales plunged by 20% from February to April 2020. between 2020 and 2021 in the U.S. and by 10% from 2019 to 2020 in the EU. I believe that for many merchants, the impact of the COVID pandemic was not all bad news. trillion by 2026.

Merchant Services 238

Merchant Services Payment Services Consumer Checkout 238

365 Retail

NOVEMBER 1, 2021

With brick and mortar stores no longer a necessity, consumers can browse goods and services from the comfort of their own homes and checkout at the touch of a button. In 2020, social media giant TikTok entered into a global partnership with multinational e-commerce company Shopify.

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Retail Trends Social Commerce Merchant Services Checkout 69

Inside Retail

FEBRUARY 4, 2024

Consumers will be even more selective, payment flexibility and innovation will be vital, and new tools to boost online security will gain momentum. From budget-friendly options and making returns easy to rewards programs and payment options, every interaction can offer a reason to remain loyal.

Merchant Services 264

Merchant Services Payment Services Accounting Consumer 264

Mass Relators

APRIL 28, 2022

“With [Amazon Web Services] growing 34% annually over the last two years, and 37% year-over-year in the first quarter, AWS has been integral in helping companies weather the pandemic and move more of their workloads into the cloud. that extends the convenience of shopping with Prime to online stores beyond Amazon.com.

Checkout 52

Checkout Merchant Services Fulfillment Location 52

Retail TouchPoints

JANUARY 14, 2022

retailers sold in November 2020 increased 25% year-over-year , with an additional increase of 106.1% year-over-year in December 2020. . With the increase of mobile wallets and more consumers hopping on the e-gift card bandwagon, merchants must practice a heightened sense of vigilance around issues of gift card fraud.

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Merchant Services Payment Services Management Accounting 327

Retail TouchPoints

JULY 19, 2022

In 2018, she funneled all her retail, management and tech know-how into the creation of The YES , which debuted in 2020 and was acquired by Pinterest a mere two years later. I absolutely loved it, but I also recognized that we were bandwidth constrained by the process of fundraising — we could only build so fast.

Shopping 246

Shopping Social Commerce Merchant Services Fashion 246

Retail TouchPoints

OCTOBER 12, 2020

It’s essential that websites and mobile commerce apps are designed well but also display accurate inventory readings and delivery dates, and offer simple and streamlined payment options. Unfortunately, many retailers fall short at checkout. Yet at the same time, automated service and support is more important than ever.

Consumer 164

Consumer Merchant Services Payment Services Shopping 164

Retail Geek

AUGUST 29, 2023

1:24] And just to set it up the you know in my world of start-up land it has been very hard to get an IPO done so there’s been a couple post coated and like late 2020. Jason: [8:04] No I was just I was just thinking that they I assume they left it blank because the underwriters were out of practice.

Merchant Services 52

Merchant Services Grocer Advertising Payment Services 52

Mass Relators

JANUARY 20, 2023

where he led the operations teams and later served as a merchant. Vasos also led Dollar General’s self-checkout rollout, which he points out should be available in more than 13,000 stores by February 2023. In 2001, Vasos joined Longs Drug Stores Corp.

Beauty and Health 52

Beauty and Health Store Layout Merchant Services Advertising 52

Retail Geek

FEBRUARY 19, 2021

Episode 254 is a breakdown of Walmart and Shopify Q4 2020 earnings reports, a recap of 2020 sales data from the US Dept Commerce, and Amazon News. 2020 Sales Data. US Dept of Commerce released it’s retail data for December, which gives us a full picture of 2020, as well as the Q4 e-commerce data. versus 3.5%

Merchant Services 60

Merchant Services Payment Services Fulfillment Home Furnishings 60

Retail TouchPoints

MARCH 3, 2022

ecommerce merchants pulled in $10.8 billion on Cyber Monday 2020 , while Singles Day in November 2021 in China drove $139 billion in sales for two of that country’s major online shopping platforms. That includes frictionless payments and checkout and fast shipping options. Consider that in the U.S.,

Merchant Services 238

Merchant Services Drop-Shipping Payment Services Shipping 238

Store Growers

APRIL 1, 2022

Having your Google Merchant Center account suspended can be a death sentence for your business. Because if you can’t use Merchant Center, it also means you won’t be able to use Google Shopping. Why Your Google Merchant Center Account Got Suspended. How To Fix Google Merchant Center Suspensions.

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Merchant Services Accounting Payment Services Advertising 36

Retail TouchPoints

AUGUST 18, 2022

Buy now, pay later (BNPL) was the trendiest way to pay for all those lockdown purchases back in 2020. Most buy now, pay later offers are interest- and fee-free, unless customers miss a payment. consumers say they have used a buy now, pay later service, according to a recent study from The Ascent, a Motley Fool service.

Merchant Services 270

Merchant Services Payment Services Consumer Point of Sale 270

Retail TouchPoints

FEBRUARY 4, 2021

On the surface, 2020 wasn’t a great year for globalization. For example, international online sales conducted through cross-border ecommerce solution eShopWorld (ESW) increased 82% year-over-year in 2020. When the pandemic first emerged on the global stage in March 2020, initial uncertainty caused a dip in international online sales.

Merchant Services 289

Merchant Services Beauty and Health Consumer Returns 289

A1 Retail

FEBRUARY 22, 2022

New data from Klarna, the global retail bank, payments and shopping service, reveals that Klarna’s retail partners received 301 million clicks from consumers via the Klarna app globally in 2021, increasing their traffic by 2.6 times compared to 2020.

Merchant Services 52

Merchant Services Payment Services Comparison Shopping Checkout 52

A1 Retail

NOVEMBER 23, 2021

When Covid-19 hit in early 2020, millions of people began working — and shopping — from the safety of their homes. Slowly but surely, in-person shopping is returning, and an attacker can easily blend in with the crowd and sneakily attach a spoofing device to a computer at checkout.

Merchant Services 98

Merchant Services Checkout Returns Shopping 98

Store Growers

MARCH 9, 2020

Enhanced ecommerce to get a better view on the cart and checkout performance. Google Merchant Center (Beginner). Google Merchant Center (another free Google tool ) is the place where all the heavy lifting happens. A good start is to target visitors that are most likely to convert: shopping cart or checkout abandoners.

Advertising 75

Advertising Shopping Accounting Checkout 75

Retail Geek

OCTOBER 6, 2022

The bigwigs from the cpgs many of which were also at grocery shop so so it was a lot of back-and-forth but you’re right grocery shops a spin-off of shop talk which is old-school a spin-off of a show called money 2020 if you’re really. Services to other retailer. Scot: [7:10] Spin-off of the spin-off of a spinoff.

Social Commerce 52

Social Commerce Merchant Services Shopping Promotions 52

Retail Geek

JANUARY 22, 2021

Episode 251 is our annual predictions episode for 2021 and a recap of our 2020 predictions. 2020 Recap – Predictions made on episode 204. 2020 Predictions Recap. 5% of retail in 2019, could be 8-10% in 2020 (as measured by IRI, for CPG private label). Bonus – More store closures in 2021 than 2020.

Payment Services 73

Payment Services Drop-Shipping Merchant Services Returns 73