Retail TouchPoints

AUGUST 15, 2023

Prime Visa and Amazon Visa cardmembers can now make equal monthly payments for items they purchase on tens of thousands of participating online retail sites when they use Amazon Pay. Consumers will be able to split payments across six or 12 months at 0% APR on purchases of $50 or more. The global BNPL market grew from $105.15

Merchant Services 172

Merchant Services Payment Services Marketing Consumer 172

Mass Relators

APRIL 3, 2024

WASHINGTON – Almost immediately after agreeing to reduce “swipe” fees charged to merchants to process credit card transactions, Mastercard plans to increase fees for both credit and debit card transactions by more than $250 million this month, the Merchants Payments Coalition said Wednesday.

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Merchant Services Payment Services Planning Consumer 98

Mass Relators

MARCH 7, 2024

WASHINGTON – More than 60 national and state organizations representing consumers and merchants have called on Congress to reject legislation introduced by Rep. The letter comes as the House Financial Services Committee holds a subcommittee hearing on H.R. cents as of 2021, according to the Merchants Payments Coalition.

Merchant Services 52

Merchant Services Payment Services Consumer Marketing 52

Star Miconics

MARCH 21, 2022

Complemented with Star’s TSP654II and Value Series cash drawer, Metro Payment offers merchants a full range of products, services, and expertise to help streamline payment operations. Metro Payment is eager to partner with Star Micronics to offer customers a payment solution with excellent customer service.

Merchant Services 52

Merchant Services Payment Services Point of Sale Management 52

Inside Retail

JULY 28, 2021

Swedish payments firm Klarna said on Tuesday it had acquired influencer marketing software firm APPRL as it looked to tap into strong growth in shopping across social media channels. The post Sweden’s Klarna buys influencer marketing platform appeared first on Inside Retail.

Merchant Services 162

Merchant Services Marketing Payment Services Shopping 162

Retail TouchPoints

OCTOBER 6, 2022

The Retail TouchPoints 2022 Retail Strategy & Planning (#RSP22) webinar series, now available on-demand, offered a wealth of tips and best practices across critical areas including pricing, location-based technology, inventory management and marketplaces. Mastercard Spending Data Reveals 4 Key Takeaways for Holiday 2022.

Merchant Services 232

Merchant Services Payment Services Promotions Location 232

365 Retail

NOVEMBER 25, 2022

UK online retail businesses could increase their gross sales by up to £200 million during the 2022 Black Friday weekend (25th – 28th November) if failed payments are avoided, according to the latest analysis by BR-DGE ’s failed payments calculator. Over the course of the Black Friday weekend, 8.4%

Merchant Services 98

Merchant Services Payment Services Consumer Shopping 98

Inside Retail

MARCH 27, 2023

In February, ShopBack, a shopping, rewards and payments platform, partnered with Sunway Pyramid, a mall in Malaysia, on the ShopFiesta event to reward shoppers with promotions and giveaways. Shoppers were able to make purchases at a discount and split their payments into three instalments. It was all about boosting in-store shopping.

Merchant Services 130

Merchant Services Payment Services Marketing Spend Finance 130

Mass Relators

MAY 2, 2024

WASHINGTON – The “swipe” fees credit card networks and banks charge merchants to process transactions could cost consumers more than $750 million this Mother’s Day, according to the Merchants Payments Coalition. per shopper will go to banks and card networks rather than the merchant when customers pay by credit card.

Merchant Services 52

Merchant Services Payment Services Jewelry Accounting 52

Retail TouchPoints

APRIL 18, 2023

Merchants with these badges have met a wide range of criteria, including high-quality websites, positive user ratings, fast shipping and good return policies. And of course, building trust throughout the payment process is also incredibly important. Oct 6-10, 2022. Oct 6-10, 2022.

Merchant Services 236

Merchant Services Payment Services Social Commerce Returns 236

Retail TouchPoints

JULY 12, 2023

Roku and Shopify have partnered to let viewers purchase products from Shopify merchants directly from their TV through Roku Action Ads. Shoppers who see an ad for a Shopify Merchant can press “OK” on their Roku remote to learn more about the product and purchase it directly from their screen.

Merchant Services 194

Merchant Services Payment Services Shipping Apparel 194

Retail TouchPoints

SEPTEMBER 28, 2022

Since the beginning of the pandemic, interest in buy now, pay later (BNPL) services has grown rapidly. The global behemoth will go live with Apple Pay Later alongside the release of iOS 16 in September 2022. This service will allow U.S. BNPL is More Than a Payment Method. But could this all come crashing down?

Merchant Services 182

Merchant Services Payment Services Consumer Shipping 182

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

Merchant Services 52

Merchant Services Payment Services Point of Sale Accounting 52

Retail TouchPoints

AUGUST 7, 2023

A few days before reporting Q2 earnings, Wish also announced plans to cut approximately 34% of its workforce, or about 255 employees, in order to “refocus the company’s operations.” Temu also operates as a manufacturer-to-consumer marketplace and offers a wide range of merchandise, from homewares to apparel.

Merchant Services 194

Merchant Services Drop-Shipping Shipping Payment Services 194

Retail Minded

APRIL 3, 2022

A new study revealed: Social media marketing (32%), e-commerce software (31%), email marketing (29%), retail operations (26%) and online payments (24%) score highly. 63% of US brands plan to increase investment in retail software in 2022. Top 10 Investment Priorities For 2022. Social media marketing (32%).

Merchant Services 83

Merchant Services Payment Services Inventory Management Wholesale 83

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 compared with 2022 appeared first on A1 Retail Magazine. percent share) and PayPal.

Merchant Services 59

Merchant Services Payment Services Checkout Fashion 59

365 Retail

OCTOBER 18, 2023

The study shows that 30% of British adults have used the BNPL service for at least one payment over the 12 months ending in August 2023. Notably, the service has found significant traction among Millennials and Gen X, with 41% and 36% usage rates respectively.

Merchant Services 62

Merchant Services Payment Services Inventory Management Consumer 62

Retail TouchPoints

OCTOBER 4, 2023

The UK’s largest independent builder’s merchant, MKM Building Supplies , recognized that the building supplies industry was changing, with 45% of its current customer base set to retire within the next five years. One BigCommerce merchant saw conversion rates jump from 52.9% after deploying both of these tactics.

Merchant Services 248

Merchant Services Social Commerce Checkout Payment Services 248

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.”

Merchant Services 52

Merchant Services Net Profit Payment Services Accounting 52

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. Each customer’s shopping journey is unique and each store operates differently. Its POS machines accept payments via swipe, dip, tap or contactless payment.

Merchant Services 98

Merchant Services Payment Services Inventory Management Planning 98

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. Each customer’s shopping journey is unique and each store operates differently. Its POS machines accept payments via swipe, dip, tap or contactless payment.

Merchant Services 92

Merchant Services Payment Services Inventory Management Planning 92

Inside Retail

FEBRUARY 27, 2023

It matters not just to gauge demand levels but to understand customer mindsets and the operational responses required to remain competitive. The analysis also reveals a broader shift in spending from goods to services over the year. This has become more crucial as the economic cycle continues to shift. Full disclosures and disclaimers.

Merchant Services 130

Merchant Services Payment Services Specialty Retailers Accounting 130

Retail TouchPoints

JULY 20, 2022

In short, consumers are now looking for more unique shipping perks from online merchants, and meeting these demands will present an opportunity to differentiate. year-over-year in Q1 2022, showing elevated sales growth from pre-pandemic times. Department of Commerce data ; May 2022. 2 www.digitalcommerce360.com/article/quarterly-online-sales.

Shipping 293

Shipping Merchant Services Payment Services Consumer 293

Retail TouchPoints

JANUARY 12, 2024

In fact, from 2022 to 2023 the use of social media channels for retail advertising increased by more than three percentage points, while search channels decreased by over seven percentage points, according to the Multichannel Marketing Report 2023. Facebook advertising will continue to be an obvious choice.

Social Commerce 267

Social Commerce Beauty and Health Advertising Merchant Services 267

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

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.”.

Merchant Services 130

Merchant Services Payment Services Advertising Accounting 130

Inside Retail

SEPTEMBER 19, 2022

The overall objective of these solutions is to ensure operational quality and stability. Daraz focuses on innovating our services and adjusting our operations according to our markets’ demands; this includes optimising our distribution network in our markets,” Ahmed Tanveer, chief operating officer for Daraz Pakistan, told Inside Retail.

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Payment Services Merchant Services Fulfillment Consumer 130

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.

Merchant Services 96

Merchant Services Payment Services Shipping Wholesale 96

Inside Retail

JUNE 13, 2023

We speak with Yoox Net-a-Porter’s APAC general manager Natalie Lee about the resilience of luxury spending amidst an economic downturn, the importance of localisation, personalisation and incredible customer service, and how the company is using technology to improve the way it operates. How do you plan to leverage them?

Merchant Services 245

Merchant Services Payment Services Fashion Customer Experience 245

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.

Merchant Services 98

Merchant Services Payment Services Location Accounting 98

Mass Relators

OCTOBER 25, 2023

WASHINGTON – A retail group said Wednesday that a proposed reduction in the “swipe” fees that merchants pay banks to process debit card transactions is welcome but doesn’t go far enough. This is a step in the right direction toward the real, competitive market that Congress wanted to see but still leaves the fees too high.

Merchant Services 52

Merchant Services Payment Services Consumer Marketing 52

365 Retail

AUGUST 4, 2022

Technology is constantly evolving to improve business processes, create consumer solutions, and provide adaptable and convenient service. 1. If you recently made a purchase through Target, Amazon, Walmart, PayPal, or other big online companies, you probably noticed an option to split your order total into several payments. .

Merchant Services 57

Merchant Services Payment Services Point of Sale Checkout 57

Mass Relators

JUNE 7, 2023

credit card market and currently restrict competition by allowing transactions made on cards issued under their brands to be processed only over their own networks. Merchants would then choose which of the two networks to use, prompting networks to compete over fees, security and service. billion charged in 2009.

Merchant Services 52

Merchant Services Payment Services Consumer Marketing 52

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.

Merchant Services 52

Merchant Services Payment Services Consumer Checkout 52

Independent Retailer

AUGUST 11, 2022

Each step of the ecommerce process, from searching for products to checkout, carries a risk of retailers losing a sale. For 2022, mobile ecommerce experiences are on the radar, since 75 percent of consumers buy products with their smartphones. Create a Seamless Checkout Process. Offer Multiple Payment Options.

Merchant Services 83

Merchant Services Payment Services Checkout Promotions 83

Independent Retailer

DECEMBER 14, 2021

An increasing number of businesses worldwide are adopting cryptocurrency as a way for consumers to pay for goods and services. If this trend continues, crypto could become a regular form of payment for shoppers. Crypto Payments Help Deliver a Competitive Advantage. and Canada.

Merchant Services 52

Merchant Services Payment Services Clienteling Consumer 52

Inside Retail

AUGUST 1, 2022

The e-commerce market is worth more than $100 billion in Indonesia this year, and the e-commerce arms of two superapps – GoTo and Sea – are going head to head for No. million driver partners, who can be quickly toggled between ride-hailing and delivery services. 1 position in the hearts, minds, and wallets of Indonesia’s consumers.

Merchant Services 130

Merchant Services Dead-Stock Payment Services Marketing 130