Cisco Retail

AUGUST 26, 2022

This blog was co-authored by Sophia Filipe, Country Digitization Program Manager, with the Cisco Country Digital Acceleration program. A significant portion of countries with Cisco operations have established laws and policies around net zero goals. This process is currently inefficient. Smarter energy generation.

Payment Services 98

Payment Services Accounting Returns Management 98

Retail TouchPoints

JUNE 22, 2022

Some of the biggest changes include new capabilities and integrations with Twitter that will enable additional social commerce options; Google , which will help retailers connect with shoppers near their brick-and-mortar locations; and iOS , which will let retailers use iPhones to accept contactless payments.

Merchant Services 262

Merchant Services Payment Services Social Commerce Shopping 262

Inside Retail

AUGUST 2, 2022

This is particularly true for card-not-present fraud, which accounts for the vast majority of issues, and increased by 12 per cent in the year to 30 June 2021. . One crucial area is merchant fraud, and any business taking card payments is vulnerable. Managing fraud after the sale. Remain on alert.

Merchant Services 147

Merchant Services Payment Services Accounting Management 147

Retail TouchPoints

JULY 22, 2021

In this article, we take a look at the key risks that may be faced by retail businesses in 2021 but also through the next decade. More data processed gives way to more possibilities of data breaches. Similarly, Home Depot also faced a large-scale data breach in 2014, leading to over 56 million payment information being stolen.

Payment Services 305

Payment Services Consumer Customer Experience Accounting 305

Retail TouchPoints

SEPTEMBER 17, 2022

The bureau also released the Buy Now, Pay Later: Market Trends and Consumer Impacts report, which found that Affirm, Afterpay, Klarna, PayPal and Zip together provided 180 million loans totaling over $24 billion in 2021, a near tenfold increase from 2019. Apparel and beauty companies accounted for 80.1% with late payments, fees, etc.].

Consumer 217

Consumer Payment Services Apparel Accounting 217

Inside Retail

JANUARY 10, 2023

But, to what extent will customers hold the brand accountable for allegations of misconduct – especially when it offers a good deal? This process will ensure that – if the employees come forward at a later date – they can obtain back-payments by contacting the organisation. The brand is not seeking to recover any overpayments.

Payment Services 246

Payment Services Consumer Management Fashion 246

Inside Retail

MAY 21, 2023

The Australian government said on Monday it would introduce laws that will consider buy-now-pay-later (BNPL) services as a credit product in a bid to protect consumers in a largely unregulated industry. “Best way to do that is to legislate, to regulate as a credit product, so that we can manage some of the risks.”

Payment Services 130

Payment Services Accounting Consumer Management 130

Retail TouchPoints

JULY 25, 2022

This generation has taken to this payment option faster than any other, but looking at their history it is easy to see why. Gen Z has grown up with a steady decrease in the use of physical payment, coupled with major advancements in fintech. Late or missed BNPL payments have their own consequences. with Klarna.”. with Klarna.”.

Payment Services 195

Payment Services Advertising Accounting Consumer 195

Retail TouchPoints

JUNE 23, 2022

The 2022 back-to-school (BTS) season could be the most “normal” since the start of the pandemic, with even more demand than the record-setting BTS 2021 season for clothing, classroom supplies and new technology. Give Back-to-School Shoppers Alternative Payment Options. Streamline Your Checkout Process for Busy Parents and Students.

Payment Services 265

Payment Services Checkout Drop-Shipping Customer Retention 265

Retail TouchPoints

MAY 28, 2021

Thoughts of poor customer service probably ring a bell in your own mind, and these opinions are hard to change — but there is hope. Customer service is changing rapidly to meet consumer behavior, providing smoother, more integrated experiences than ever before. 3 Data-Backed Reasons why Customer Service is Essential.

Payment Services 163

Payment Services Customer Retention Customer Experience Marketing 163

Retail TouchPoints

AUGUST 15, 2022

From signup to login to account changes and reviews, retailers face waves of opportunities to create a digital relationship with a customer. So how do we keep from alienating good customers while still filtering out bad actors taking aim from every angle — including false reviews, fake accounts and more? This is a fairly new concept.

Merchant Services 234

Merchant Services Payment Services Accounting Customer Experience 234

I Vend

NOVEMBER 6, 2022

Retailers would need a sophisticated retail management system to manage the holiday season rush. iVend Integrated System iVend helps retailers operate efficiently and save costs. When it comes to efficiency, one of the most effective strategies for a retailer is to have a retail management system.

Management 98

Management Payment Services Point of Sale Inventory Management 98

Retail TouchPoints

FEBRUARY 4, 2021

Before the NotPetya attack rampaged through Europe in 2017, affecting companies including FedEx and shipping giant Maersk, few people would have thought a vulnerability in a piece of accounting software could create such devastation. Those trends are set to continue in 2021. This is no small undertaking. Adopt a zero trust approach.

Payment Services 298

Payment Services Shipping Accounting Management 298

Retail TouchPoints

DECEMBER 19, 2022

All of these retailers succeed by building hype around the launch, priming their loyal customers to place their order as soon as the product or service is released. In 2021, face coverings and masks from stars like Kanye West saw a 154% average resell price increase from $82 to $208. Resellers’ Operations Slow Retailers’ Progress.

Merchant Services 162

Merchant Services Payment Services Drop-Shipping Shipping 162

Retail TouchPoints

AUGUST 25, 2021

If retailers think online shopping in 2021 is about the simple exchange of goods for money, they’re doing it wrong. Before the pandemic, ecommerce accounted for approximately 16% of all retail. A high level of services unique to each customer, delivered with little or no downtime, is what consumers now expect.

Payment Services 253

Payment Services Shipping Customer Experience Supermarket 253

Retail TouchPoints

JUNE 17, 2022

You can have one backend system, one accounting system and use one marketing agency to manage multiple brands. There are many operational efficiencies and synergies. So fast forward to today and we have approximately 96 active aggregators operating globally. We, Accel Club, raised $170 million funding in November 2021.

Payment Services 269

Payment Services Accounting Marketing Fulfillment 269

Inside Retail

SEPTEMBER 1, 2021

Founded in July 2020 and launched in February 2021, Refundid is a fintech tool designed to cut, or essentially eliminate, waiting times for refunds for products bought online. According to co-founder and chief product officer Joel Aaron, refunded cash can be in the customer’s account within as little as 30 seconds. The time is now.

Merchant Services 130

Merchant Services Payment Services Returns Planning 130

Retail TouchPoints

NOVEMBER 3, 2021

Sodipo most recently led Product Finance and Strategy at Stripe and will bring her expertise in payments to Glossier’s Accounting and Finance teams. She has been with Cole Haan for the past nine years, including when it was part of Nike , in a combination of strategy, general management, ecommerce and retail leadership roles.

Finance 250

Finance Payment Services Accounting Returns 250

Retail TouchPoints

NOVEMBER 4, 2021

31, 2021. “We’re toy industry sales increased 11% in Q3 2021 from 2020, according to the NPD Group , driven by price increases, a continuation of pandemic lifestyles and fewer promotions. Even outside of the holiday season, uptake in buy now, pay later (BNPL) services is exploding in the U.S.,

Consumer 261

Consumer Merchant Services Payment Services Drop-Shipping 261

Inside Retail

OCTOBER 17, 2022

billion in 2021 alone. Add to that interest rate rises cooling the economy and BNPL services have been described by behavioural scientists as a ‘ perfect storm’ of instant gratification , with the delayed pain of payment encouraging people to spend more. They have more accounts, on average, than older consumers.

Payment Services 130

Payment Services Consumer Accounting Promotions 130

Inside Retail

NOVEMBER 10, 2022

It said: Given the nature of our distributed workforce and our desire to inform impacted individuals as quickly as possible, communications for this process will take place via email. But tweets by some employees showed they found out before the email arrived when they could not access their work accounts or other internal systems.

Payment Services 130

Payment Services Advertising Accounting Planning 130

Small Biz Trends

JULY 11, 2022

A survey from PNAS taken from March 28 to April 4, 2020, revealed how quickly economic shock set in, showing that 43% of the businesses surveyed had already closed due to less demand for their products and services and employee health concerns. As a result, the in-store mobile payment app usage soared, reaching 101.2

Payment Services 98

Payment Services Accounting Finance Consumer 98

Small Biz Trends

JULY 12, 2022

TikTok launched the fund in the spring of 2021 to encourage its creators to attract and engage larger audiences. Once a creator has accumulated at least $10 in funds, they can withdraw the payment using an online financial service like Zelle or PayPal. Accounts need followers to garner engagement. Minimum follower count.

Payment Services 105

Payment Services Accounting Advertising Promotions 105

Inside Retail

NOVEMBER 29, 2022

Instead, investment is prioritised in cost-reduction strategies, process efficiencies, IT modernisation, support, and back-office initiatives. The B2B journey, as Gartner illustrates , tends to involve ‘looping’, rather than a linear process. As a result, these retailers often offer less-than-optimal experiences to B2B customers.

Customer Experience 130

Customer Experience Payment Services Accounting Target Market 130

Cisco Retail

JULY 27, 2021

According to Cisco’s Accelerating Digital Agility Research , 61% of CIOs and IT decision makers agree that they are unsure what the future of work will look like for their business in 2021. Payment Solutions for the Future. Flexible payment solutions can support customers on their journey.

Payment Services 145

Payment Services Operating Expenses Returns Planning 145

Retail TouchPoints

SEPTEMBER 29, 2020

As a result, many retailers must move beyond manual processes to calculate their sales tax obligations. Brands are trying to do the same amount of work, or more work, with less,” said Jessica Amenta, Account Director of Reality Interactive. “Tax complexities can make overseas online retailers reluctant to expand into the U.S.,”

Payment Services 259

Payment Services Fulfillment Location Shipping 259

V Count

SEPTEMBER 15, 2022

As a business owner or a store manager, you’ll face countless challenges, and turning your business into a successful one usually requires time, effort and commitment. A modern POS system lets you accept customer payments at a specific location or on the go and can help you track your sales in an efficient way.

Merchant Services 98

Merchant Services Payment Services Inventory Management Planning 98

V Count

SEPTEMBER 15, 2022

As a business owner or a store manager, you’ll face countless challenges, and turning your business into a successful one usually requires time, effort and commitment. A modern POS system lets you accept customer payments at a specific location or on the go and can help you track your sales in an efficient way.

Merchant Services 92

Merchant Services Payment Services Inventory Management Planning 92

Small Biz Trends

OCTOBER 24, 2022

A chargeback happens when a payment is reversed by the customer’s bank. It’s called chargeback fraud when bad actors cheat this process. This one happens with a merchant account. They happen due to processing errors, accidental duplicate charges, and charges for canceled subscriptions. There are three types.

Merchant Services 75

Merchant Services Payment Services Accounting Shipping 75

365 Retail

JUNE 2, 2021

The same applies to the numerous reputable banking apps people are utilising in 2021, too. It comes with a whole host of beneficial features, including the ability to categorise your spending and to see the accounts you hold with other banks. The apps on offer are mightily impressive. Starling .

Finance 52

Finance Payment Services Accounting Planning 52

Retail TouchPoints

AUGUST 5, 2022

Online fraud cost digital commerce merchants $27 billion in 2021 , so it’s no surprise that retailers have redoubled their focus on eliminating these threats. Traditional retailers with digital commerce operations compete head-to-head with online retailers for demanding customers.

Merchant Services 250

Merchant Services Returns Shipping Payment Services 250

Inside Retail

JUNE 22, 2021

Consumers over 65 were the fastest growing group of online shoppers in the US in 2020, according to NPD Group’s Checkout Tracking, and they accounted for 30 per cent of goods purchased online in the UK last year compared to 20 per cent the year before, The Economist reported. Font size and payment options.

Payment Services 236

Payment Services Department Stores Shopping Consumer 236

Inside Retail

APRIL 29, 2021

billion in the quarter ended March 31, 2021, outperforming analyst expectations. To us, Whole Foods reveals the Achilles’ heel of Amazon,” Neil Saunders, managing director of GlobalData, said, referring to the US supermarket chain acquired by Amazon for US$13.7 billion on sales of US$108.5 billion in 2019. “As

Payment Services 246

Payment Services Department Stores Checkout Supermarket 246

Cisco Retail

JANUARY 26, 2022

It is often said financial services businesses are built on relationships. It’s a key reason why the existence of digital-only financial services has yet to cause the far-reaching disruption seen in other industries. Along this journey, institutions should focus on three guiding principles: Focus on Convenience.

Payment Services 83

Payment Services Customer Experience Consumer Accounting 83

Inside Retail

DECEMBER 7, 2021

Having a better understanding of what your customers want to buy and when could take the guesswork out of sales forecasting, inventory management or staff rostering. with the annual change in the Australian Bureau of Statistics’ (ABS) National Accounts nominal household final consumption over recent years.

Payment Services 130

Payment Services Inventory Management Accounting Consumer 130

Inside Retail

APRIL 3, 2023

India crossed that threshold in 2021, according to the bank’s latest available data, which could put it on a similar growth trajectory even though weak job growth and income inequalities in the country pose a risk to this outcome. Foreign investors jump in With private consumption accounting for 60 per cent of India’s $3.5

Beauty and Health 130

Beauty and Health Payment Services Consumer Finance 130

Independent Retailer

FEBRUARY 15, 2022

by PingPong Payments. trillion set in 2021, to a predicted $5.42 In 2021, social commerce sales increased by over 35 percent, totaling a spend of over $36 billion, still only 10 percent of what the Chinese market will spend. . Over the past year, ecommerce spending has skyrocketed from a record high of $4.89 trillion in 2022.

Social Commerce 83

Social Commerce Payment Services Marketing Fulfillment 83