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Payment Trends Revolutionizing Retail in 2022

Retail Focus

Modern marketers have numerous alternatives in terms of reputable online payment options. Without an effective method of payment, it is challenging to deliver quality services to customers. In this article, we will discuss some of the payment trends revolutionizing retail in 2022. . Amazon Pay . Google Pay .

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Mastercard Data: Holiday Sales Climb 3.1% YoY

Retail TouchPoints

year-over-year increase in both online and in-store retail sales, according to the Mastercard SpendingPulse , which measures sales across all forms of payment and is not adjusted for inflation. As in previous years, ecommerce grew at a faster pace than brick-and-mortar retail, but the latter still accounts for the majority of all sales.

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Stopping Ecommerce Fraud: How Technology can Help

Retail TouchPoints

According to one report , the total cost of ecommerce fraud to merchants will exceed $48 billion globally in 2023, from just over $41 billion in 2022. Digital payments misuse accounted for 21% of the total number of fraudulent transactions. Digital payments misuse accounted for 21% of the total number of fraudulent transactions.

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Why Gaming Retailers Should Promote Cybersecurity 

365 Retail

In this guide, we’ll explore why gaming retailers should promote cybersecurity. A 2022 survey revealed that two-thirds of gamers have experienced a cyberattack. In some cases, this will be email addresses, phone numbers, and social media accounts. It adds another step to the login process.

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Deloitte: Retailers Should Prepare for ‘Holiday Hangover’ in 2023

Retail TouchPoints

While the 2022 holiday season was by all accounts a success, retailers may want to buckle down as they head into the new year: four out of 10 U.S. Additionally, one-third of consumer respondents are concerned about making upcoming payments. Promotions can be Effective in this ‘Deal-Seeking’ Environment.

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2023: Ring in Retail Profits by Stopping Automated Threats

Retail TouchPoints

2022 saw the fastest pace for inflation in decades. Specifically, bot operators continue to siphon retailer profits with increasingly sophisticated automated threats — including account takeover, web and API scraping and more. Fake accounts are often aged so they appear legitimate and circumvent validations during checkout.

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Are Varied Payment Options the Main Thing that eCommerce Businesses Should Implement?

365 Retail

The eCommerce industry is still an excellent option for start-up businesses to get into in 2022 and beyond. One of the most important aspects of an eCommerce site nowadays is to make sure that the payment process goes as smoothly as possible. Easy Payments are Hugely Important. Mobile eCommerce revenue alone topped $3.56