Inside Retail

MAY 17, 2022

The industry’s latest move: accepting cryptocurrency as a form of payment. The crypto market has recently fallen into a steep dive, however, and strict regulations across countries and potential security issues may pose a risk to its growth in coming years. Beyond payment. So, why are retailers betting on crypto now?

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Merchant Services Payment Services Advertising Returns 243

Retail TouchPoints

JANUARY 3, 2023

2022 saw the fastest pace for inflation in decades. This was especially evident on Black Friday, when many merchants offered steep markdowns to compete. Specifically, bot operators continue to siphon retailer profits with increasingly sophisticated automated threats — including account takeover, web and API scraping and more.

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Merchant Services Payment Services Accounting Checkout 281

Mass Relators

APRIL 25, 2024

household more than $1,100 last year, the Merchants Payments Coalition said. It’s time for the card industry to stop gouging American consumers and small businesses and compete to offer market-based, competitive fees. Congress needs to pass the Credit Card Competition Act to fix the broken credit card market.”

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Merchant Services Net Profit Payment Services Accounting 52

Inside Retail

FEBRUARY 27, 2023

The analysis also reveals a broader shift in spending from goods to services over the year. retailers Disclaimer : The information contained in this article is published solely for informational purposes and provides general market-related information, and is not intended to be an investment research report.

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Merchant Services Payment Services Specialty Retailers Accounting 130

Hyken

FEBRUARY 14, 2022

Each week I read many customer service and customer experience articles from various resources. One of the most important parts of this process is making sure that you’re asking customers the right questions. But that doesn’t mean merchants can’t turn a negative into a positive. accounting, legal services).

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Merchant Services Customer Experience Returns Accounting 102

Independent Retailer

FEBRUARY 8, 2022

Below are tips for growing your business and enjoying a prosperous 2022: Renovate and Upgrade to a Powerful POS. Katz, founder and CEO of National Retail Solutions, “Small, independent merchants struggle on small budgets to keep up with big-box stores. Integrated Credit Card Processing. According to Elie Y. Own a gas station?

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Merchant Services Checkout Accounting Promotions 85

Independent Retailer

JUNE 23, 2022

Times are tough, especially for businesses struggling to stay afloat with the increased expenses from credit card processing companies. National Retail Solutions (NRS) offers NRS PAY credit card processing to help merchants with this problem. If a merchant processes lower volume, FeeBU$TER carries one flat monthly fee of $49.95

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Merchant Services Payment Services Point of Sale Accounting 52

Retail TouchPoints

OCTOBER 18, 2022

The company has aligned its merchant offers, cash back savings and shopping products in pursuit of providing a frictionless consumer journey. Existing Honey cash back and discounts feature has reportedly saved consumers nearly $200 million in 2022.

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Merchant Services Accounting Shopping Consumer 211

Retail TouchPoints

AUGUST 18, 2022

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. By 2025, buy now, pay later is projected to account for 1.6% ($941 billion ) of global POS transaction value.

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Merchant Services Payment Services Consumer Point of Sale 244

Independent Retailer

NOVEMBER 2, 2021

With only two months left of 2021, retailers should already be looking ahead to the new year for the newest trends, technology, marketing tactics, products, and solutions for improving their business. Crypto Payments Help Deliver a Competitive Advantage. First, up to 40 percent of customers that pay with crypto are new to the merchant.

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Inside Retail

JULY 11, 2022

As Alejandro Osorio, Country Head of Grab Thailand, puts it, “We’ve seen this opportunity in the soaring demand for food and package delivery services that’s made our delivery partners with their delivery bags increasingly become a significant touchpoint. It is visible and widely accessible to consumers in all areas.”.

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Merchant Services Payment Services Advertising Accounting 130

V Count

SEPTEMBER 15, 2022

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. All clover devices come with built-in software to help you accept payments, offer customer rewards, manage employee schedules, and more. You can manage it all from one place.

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Merchant Services Payment Services Inventory Management Planning 92

V Count

SEPTEMBER 15, 2022

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. All clover devices come with built-in software to help you accept payments, offer customer rewards, manage employee schedules, and more. You can manage it all from one place.

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Merchant Services Payment Services Inventory Management Planning 98

Inside Retail

OCTOBER 18, 2021

All trends are pointing to an acceleration of e-commerce in 2022, making right now a critical time to prepare for the challenges and opportunities ahead. It will feature commentary by Klaviyo’s strategic account executive for SMS Navin Jain and Starshipit’s partnerships executive Sofia Newcombe.

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Shipping Checkout Merchant Services Customer Experience 147

Small Biz Trends

AUGUST 26, 2022

These grants or one time payment offers through stimulus programs are a great way to keep your business going if you are facing financial difficulty. Programs such as Small Business STIMulus Grant Program will be providing one-time payments of up to $50,000, while other grants will be offering up to $10,000 to support operations.

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Merchant Services Payment Services Location Accounting 98

Inside Retail

NOVEMBER 23, 2021

Amazon’s latest spat with Visa shows big retailers, armed with a growing array of payment options, are gaining the upper hand in their power struggle with card providers, but it’s not a crisis for the payment company. Some analysts said it could presage a fight in the much bigger US market.

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Merchant Services Finance Accounting Consumer 130

Store Growers

OCTOBER 30, 2022

Last Updated on October 31, 2022. The Google Merchant Center Promotions program allows you to do exactly that. The Google Merchant Center Promotions program allows you to do exactly that. What are Google Merchant Center Promotions? Merchant Promotions are exclusively limited to Shopping Ads.

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Merchant Services Promotions Shipping Advertising 58

Retail TouchPoints

JANUARY 20, 2022

But through this disruption, retailers began to see that their procurement process is in many ways the linchpin for maximizing revenue and reducing spend as the economy recovers post-pandemic. Specifically, procurement can help retailers optimize their spending on goods and services that are NOT for resale, also known as GNFR.

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Merchant Services Clienteling Shipping Inventory Management 220

Retail TouchPoints

APRIL 22, 2022

With the pandemic ushering a wave of traditionally brick-and-mortar merchants online since 2020, the chances of being targeted by scammers is at an all-time high. In 2022, it is no longer an option whether businesses can choose to protect against fraud, but a responsibility. Return Fraud.

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Merchant Services Returns Fulfillment Promotions 244

Retail TouchPoints

SEPTEMBER 5, 2023

What were your biggest goals going into writing the book, and how did your approach evolve as you embarked on the writing process? Del Rey: The Marc Lore era at Walmart, if nothing else, brought a new sense of urgency to Walmart when it comes to new online features and services, and the incubation of new business ideas.

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Merchant Services Fulfillment Advertising Accounting 241

Retalon

DECEMBER 8, 2021

Why should retailers care about their Order Fulfillment Process? Order fulfillment may seem like a fairly straightforward process and according to the generic “high-level” definition, it is. In today’s market, putting the right fulfillment system in place gets you a competitive edge.

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Merchant Services Fulfillment Drop-Shipping Shipping 41

Inside Retail

JUNE 19, 2022

The index – which combines Commonwealth Bank of Australia (CBA) payments data and Google Trends search information – regained ground after falling in April, with increases across seven of its 12 categories in May, including home buying, fitness & health and transport, alongside falls in entertainment, travel and insurance spending.

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Merchant Services Accounting Consumer Marketing 130

Inside Retail

SEPTEMBER 27, 2023

Legal experts and analysts alike have roundly criticised the Federal Trade Commission’s lawsuit accusing Amazon of abusing its market power to stifle competition. The agency also must define and prove the relevant markets, a key threshold issue. .” In 2022, the top five players in retail accounted for 21.9

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Inside Retail

FEBRUARY 9, 2023

In January, Chinese retail giant JD announced that it was shutting down its e-commerce operations in Indonesia and Thailand and would stop taking orders in both markets on 15 February. The company said it will continue to serve customers in global markets, such as Southeast Asia, through its supply chain infrastructure.

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Merchant Services Marketing Accounting Consumer 130

Independent Retailer

MARCH 17, 2022

New challenges are on the horizon for e-sellers, and Kenny Tsang, Managing Director of PingPong Payments , touches on how online merchants can prepare for the shift in consumer spending and stay afloat. Because of this, it is expected that competition within US ecommerce markets will grow in the coming months.

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Retail TouchPoints

OCTOBER 3, 2023

At the seller event, Jordan Sweetnam, SVP and General Manager of Ebay Global Markets, described the effort underway at the company as a “multi-year journey to transform Ebay.” Services and Experiences Designed for Enthusiasts The first step in drawing these buyers in and keeping them coming back is building trust in the buying experience.

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Merchant Services Accessories Customer Experience Consumer 266

Retail TouchPoints

FEBRUARY 21, 2023

How 2022 Upended Digital Marketing While social sites have for several years now been trying to crack the nut of enabling commerce directly in their platforms, success has remained elusive, and advertising is still the primary vehicle for social commerce today. YouTube also reported an ad revenue miss in Q4 2022, with its $7.96

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Social Commerce Advertising Merchant Services Shopping 201

365 Retail

NOVEMBER 14, 2022

With Black Friday and Cyber Monday just around the corner, planning for a successful 2022 peak season is essential – now more than ever. But the peak season sales market is a competitive one, so getting ahead of the game and understanding your customer’s wants and needs is critical. Leveraging 3PL services to drive efficiencies is key.

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Merchant Services Payment Services Inventory Management Fulfillment 57

Inside Retail

JANUARY 12, 2023

McKinsey & Co stated in mid-2022 that social commerce comprised more than 13 per cent of China’s total e-commerce sales. TikTok Shop is currently available in the UK and a number of Southeast Asian markets. Twitter Shops enables merchants to showcase up to 50 products on their Twitter profile. trillion ($1.9

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Social Commerce Beauty and Health Merchant Services Fulfillment 264

Retail TouchPoints

AUGUST 16, 2023

Livestreaming accounted for more than 17% of all ecommerce sales in 2022 in China, but in the U.S. Why Shoppable TV Might Steal Livestreaming’s Thunder “[Livestreaming] has been massive in other parts of the world, like China and South Korea, but those are completely different markets than the U.S. The best part?

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Advertising Merchant Services Shopping Consumer 218

Retail TouchPoints

OCTOBER 27, 2023

In September, Amazon announced that it would be following the lead of nearly every other streaming service by running ads on its Prime Video programming beginning in early 2024. This shift will make Prime Video “the largest premium ad-supported service, reaching an estimated 115 million viewers in the U.S.

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Small Biz Trends

MAY 13, 2022

Small Business News Roundup – May 13, 2022. SBA Names the 2022 Small Business Person of the Year. The report includes loan approval rates through April 2022. They let you know what your customers like about your products and services and what they don’t. So, there is up and downs, just like other markets.

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Merchant Services Accounting Marketing Management 98

Retail TouchPoints

JULY 14, 2022

The net impact of these decisions will result in an estimated $40 million cost reduction in the run rate of the business on an annualized basis beginning in Q3 2022. She will be responsible for creating a seamless store and digital commerce business globally and will be accountable for sales and profitability across both channels.

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Merchant Services Planning Fulfillment Advertising 221

Retail Geek

JANUARY 7, 2022

2022 Predictions. Jason : NFTs, Web 3, Metaverse, and Ultrafast delivery services are all overhyped and don’t deliver meaningful commerce revenue in 2022. Shein exceeds $30B in annual sales, disrupting apparel industry Adoption of BNPL services slows down to less than 15% CAGR in 2022. Transcript. and 10 a.m.

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Retail TouchPoints

FEBRUARY 14, 2023

With algorithms and AI now “deciding” what ads each person sees, and delivering them through an increasingly splintered media landscape, events like the Super Bowl are one of the few places where marketers still get the opportunity to speak to a mass audience. So how did marketers do this year? As always, it was a mixed bag.

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Merchant Services Shopping Marketing Outdoor 237

Retail TouchPoints

JANUARY 30, 2023

As of January 2022, 35% of people aged 12 and over in the U.S. The company is having fun with the process — brand sponsor, pro quarterback Drew Brees, serves as the voice of the skill, “so when you log into the skill is says ‘Hi, welcome to Copper Compression. owned a smart speaker, according to Insider Intelligence.

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Merchant Services Beauty and Health Payment Services Returns 162

Independent Retailer

DECEMBER 1, 2022

“Mobile commerce is becoming the preferred channel for shopping for consumers with mobile devices, accounting for 71 percent of retail traffic, and generating 61 percent of online shopping orders.”. Ecommerce businesses will also need to offer mobile-friendly payment options, like Apple Pay, to create a seamless one-click checkout experience.

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Merchant Services Payment Services Checkout Shopping 78