Star Miconics

MARCH 11, 2022

Self-service, or “unattended” environments, are the new expectation, and 2022 will officially be the watershed moment for self-checkout technology, adoption, and innovation. Consumers now expect payment solutions that both anticipate and address their needs no matter where, when, or how they choose to shop.

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Payment Services Merchant Services Kiosk Checkout 88

Retail TouchPoints

MAY 13, 2021

PayPal has acquired ecommerce returns solution Happy Returns as it continues to expand beyond payments, with the aim of becoming a “digital commerce enablement engine.” The Happy Returns purchase follows PayPal’s acquisition of coupon plug-in Honey in January 2021. Terms of the deal were not disclosed.

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Merchant Services Returns Payment Services Checkout 156

Retail TouchPoints

OCTOBER 7, 2022

One variation of Bolt’s Checkout Everywhere function on The Independent ‘s site. It makes it very easy for services and publishers like The Independent to open up their own shops with the complete inventory, but without actually holding that inventory.”. Then the merchant takes over for fulfillment, logistics and so on.”.

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Retail Focus

NOVEMBER 1, 2023

Offline merchants are introducing new tech to compete with ecommerce companies, and there have been delivery issues with some internet-based services. In fact, more than 82 per cent of the British population purchased at least one product online in 2021. Problems with Delivery: A Potential Online Shopping Bust?

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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.

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Inside Retail

OCTOBER 19, 2021

New customers are a major growth engine for retailers, but many merchants view first-time online shoppers as high-risk due to their unfamiliar behaviour and lack of purchase history. Our data already shows that across the e-commerce landscape, up to 70 per cent of orders that are declined by merchants are made by legitimate customers.

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Merchant Services Fashion Payment Services Checkout 147

Retail TouchPoints

SEPTEMBER 16, 2022

Amazon counts more than 160 million members of its Prime service and approximately 25 million are located in California. “For Amazon coerces merchants into agreements that keep prices artificially high, knowing full well that they can’t afford to say no. In the U.S., Racine has appealed the decision. “Similar to the D.C.

Merchant Services 215

Merchant Services Checkout Consumer Returns 215

Independent Retailer

JULY 15, 2021

“We recognize that there is a big challenge to selling CBD products, because a significant number of credit card processing companies refuse to process for CBD retailers, making many CBD sales a less-than-desirable, cash-only purchase. NRS PAY happily services credit card transactions through its credit card processing programs.

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Merchant Services Point of Sale Checkout Accounting 96

Independent Retailer

AUGUST 29, 2022

BNPL is a great payment option, especially with the holiday season coming up so consumers do not have to front the entire amount at the time of purchase. BNPL is a great payment option, especially with the holiday season coming up so consumers do not have to front the entire amount at the time of purchase.

Merchant Services 88

Merchant Services Payment Services Checkout Accounting 88

Retail TouchPoints

DECEMBER 30, 2021

In 2020, consumers spent approximately $630 billion on online shopping, and merchants lost $12 billion to fraud. Account takeover fraud, which is driven by impostor scams, increased by 50%, with no signs of slowing down in 2021. K eep bots out of your customers’ accounts and checkout. Monitor your brand for impersonation.

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Merchant Services Accounting Payment Services Returns 271

A1 Retail

NOVEMBER 27, 2023

Mollie data reveals record Black Friday week online spending with European consumers checking out larger basket sizes Mollie , one of the fastest growing financial service providers in Europe, has revealed that merchants saw a 7.3 percent in 2021 to 3.3 percent) when compared to last year. percent in 2023.

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Merchant Services Payment Services Checkout Fashion 59

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. How Resellers Use Bots to Their Advantage.

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Merchant Services Payment Services Drop-Shipping Shipping 162

Inside Retail

MAY 16, 2023

Between May 2021 and April last year, $224.3 Of consumers surveyed, about 56 per cent blamed merchants for their delivery issues while more than 40 per cent said they would pay for additional shipping protection to ensure peace of mind that their goods would arrive. million, research reveals appeared first on Inside Retail.

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Shipping Merchant Services Checkout Consumer 130

Retail TouchPoints

AUGUST 1, 2022

Amazon is continuing to expand its last mile services beyond its own retail ecosystem with the addition of same-day delivery service from a number of leading retailers’ stores, including PacSun , GNC , SuperDry and Diesel. The service is free for U.S. Sur La Table and 100% Pure also will join this roster in the next few months.

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Merchant Services Fulfillment Checkout Location 249

365 Retail

NOVEMBER 1, 2021

As 2021 reaches its close, the retail industry has undergone a number of dramatic changes within the past several months. Continue reading to familiarise yourself with the top retail trends of 2021. . By merging the two seemingly distinct platforms, the process of social commerce can be streamlined from start to finish. .

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Retail Trends Social Commerce Merchant Services Checkout 67

Retail TouchPoints

SEPTEMBER 8, 2021

today, meaning that in terms of purchasing power, 2021 Amazon Prime members are only paying ~$10 more per year than they were 15 years ago. Emphasized in an article from the New York Times Magazine last fall, Shopify’s key to success has been putting the merchant first. . The purchasing power of $79 in 2005 equals about $109.90

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Merchant Services Payment Services Fulfillment Shipping 223

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.

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Merchant Services Payment Services Fashion Checkout 52

Retail TouchPoints

AUGUST 5, 2021

That’s why properties have focused on perfecting the tenant mix , onboarding a compelling combination of restaurants, entertainment and up-and-coming DTC darlings. Last Mile Services Become a Long-Term Play for Properties. Last Mile Services Become a Long-Term Play for Properties.

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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 45 out of 100 top retailers in the US are currently leveraging Klarna’s advertising services.

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Retail TouchPoints

NOVEMBER 11, 2021

The agenda for the virtual 2021 Retail Innovation Conference , taking place Nov. Whether BNPL turns out to be a short-term blip or a lasting change in shopper payment options, retailers should develop strategies to make the most of its current popularity. Curious about how consumer attitudes and behaviors are evolving?

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Merchant Services Payment Services Consumer Beauty and Health 298

Inside Retail

JANUARY 12, 2023

In the US, social commerce is anticipated to double to US$80 billion in annual sales between 2021 and 2025, putting the US second only to China in social commerce, although China outsells the US by a factor of 10. Twitter Shops enables merchants to showcase up to 50 products on their Twitter profile. More than just ‘buy now’ buttons.

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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

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. Suffice it to say that social commerce has arrived in America. earning $26.97

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Social Commerce Consumer Merchant Services Checkout 298

Inside Retail

JUNE 9, 2021

A year on from the introduction of payment platform Flypay to Coles Liquor websites, including Liquorland, Vintage Cellars and First Choice Liquor, the digital wallet has now been expanded to grocery shoppers through Coles Online. Coles isn’t the only retailer investing in payments technology. Exciting time’.

Payment Services 258

Payment Services Merchant Services Checkout Supermarket 258

Retail TouchPoints

JUNE 8, 2022

With traditional trading methods restricted by pandemic restrictions, an inability to sell through physical locations and a sharp downturn in demand, we saw merchants around the world taking an unprecedented leap and embracing innovation and digitalization in a bid to maintain their retailer-shopper relationships. trillion by 2026.

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Merchant Services Payment Services Consumer Checkout 231

Retail TouchPoints

JUNE 8, 2022

With traditional trading methods restricted by pandemic restrictions, an inability to sell through physical locations and a sharp downturn in demand, we saw merchants around the world taking an unprecedented leap and embracing innovation and digitalization in a bid to maintain their retailer-shopper relationships. trillion by 2026.

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Merchant Services Payment Services Consumer Checkout 229

Star Miconics

JANUARY 26, 2023

from 2021 to 2030, and that 77% of the devices we already use feature one form of AI or another. This intelligence involves a variety of technologies, such as machine learning, event stream processing, optimization, and business rule management. It provides decision automation or decision support.

Point of Sale 52

Point of Sale Merchant Services Inventory Management Checkout 52

Store Growers

MAY 4, 2023

This info can be encoded in the ubiquitous barcode form and used to identify a product’s specification at the point of sale, i.e., determine product type, size, color, and the price at the checkout counter of a brick-and-mortar store. In ecommerce, GTINs are used to identify products, but not only during checkout.

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Merchant Services Payment Services Shopping Checkout 36

Retail TouchPoints

FEBRUARY 3, 2023

Supply chain issues, inflation and other economic headwinds that resulted from the COVID-19 pandemic and the Russian invasion of Ukraine are still present for merchants. Have a simple checkout process. Simple and easy checkout processes are needed to seal the deal. Make customer service a priority.

Merchant Services 243

Merchant Services Payment Services Marketing Drop-Shipping 243

Retail Geek

JANUARY 22, 2021

Episode 251 is our annual predictions episode for 2021 and a recap of our 2020 predictions. Installment Payments heat up – At least one company is acquired (Affirm, Afterpay, Klarna, QuadPay, Sizzle) Yes (IPO’s). 2021 Predictions. Bonus – More store closures in 2021 than 2020. 2020 Predictions Recap.

Payment Services 73

Payment Services Drop-Shipping Merchant Services Returns 73

Retail Geek

JULY 30, 2021

In episode 271 we break down Amazon’s Q2 2021 earnings announcement. Amazon Q2 2021 Earnings Recap. Episode 271 of the Jason & Scot show was recorded on Thursday July 30, 2021. A weekly podcast with the latest e-commerce news and events. Transcript. Sort of a product specific landing page on in their mobile app.

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Visual Merchandising Payment Services Advertising Merchant Services 105

Mass Relators

APRIL 28, 2022

billion in last year’s first quarter 2021. 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. But the company also reported a net loss of $3.8

Checkout 52

Checkout Merchant Services Fulfillment Location 52

Retail Geek

NOVEMBER 29, 2023

3:26] And of particular note, and I know we’ll talk about this more, they’ve seen a significant uptick in use of Buy Now, Pay Later services, and they’ve seen deeper discounting than we saw last year. billion consumers are shaping shopping trends.

Merchant Services 69

Merchant Services Payment Services Consumer Shopping 69

Retail Geek

AUGUST 29, 2023

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. There’s also the others you can think of Jason there’s this one.

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Merchant Services Grocer Advertising Payment Services 52

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 228

Merchant Services Drop-Shipping Payment Services Shipping 228

Retail Geek

SEPTEMBER 27, 2022

Scot: [8:17] Cool so you you were a e-commerce entrepreneur so you’ve done that then you did software-as-a-service so you get the check that off the box and then I saw on LinkedIn you’ve also been working with a turbo host so that’s actually getting into my world of cars now tell me tell me how you got into that one.

Merchant Services 52

Merchant Services Checkout Payment Services Drop-Shipping 52

Retail TouchPoints

AUGUST 13, 2021

Now, at BigCommerce, she helps merchants grow via integrations to channels such as Google, Facebook, Amazon, eBay and Walmart , a task she says is “like walking among giants.”. Gee: Omnichannel for me means a merchant can sell anywhere their shoppers are and fulfill anywhere they place that order.

Merchant Services 299

Merchant Services Payment Services Fulfillment Advertising 299