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Exclusive Q&A: Venmo GM on the Company’s ‘Natural Extensions’ into Business Payments

Retail TouchPoints

For shoppers, paying for the items they want is a necessary evil at best and a complicated chore at worst (especially online). That inherent distaste for the transaction phase is one reason payment companies are so eager to expand into other parts of the shopper journey. Denise Leonhard, VP and GM, Venmo.

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Why retailers must consider accepting crypto payment options for the future

Inside Retail

In recent years, cryptocurrencies have emerged as a transformative force in the world of finance. As their popularity continues to surge, it is crucial for retailers to consider embracing crypto acceptance as a payment option. There are a number of businesses across Australia already accepting cryptocurrency payments.

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Consumers and Merchants Should Look Before They Leap into BNPL Services

Retail TouchPoints

The economic fallout from the COVID-19 pandemic accelerated demand for buy now, pay later (BNPL) payment options. Surges in online shopping during the pandemic helped fuel the growth of point-of-sale loans — a market that is forecast to grow at an annualized 9.8% Consumers are using BNPL to stretch purchase payments between paychecks.

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BNPL and the growth of digital payments in Apac

Inside Retail

Buy now, pay later (BNPL) is booming across Asia Pacific, at a time when Covid’s impact has turbo-charged demand for e-commerce and new types of credit. But the payment method is already truly embedded in the digital economy and is not going anywhere, even if it is regulated. billion by the end of this year.

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Identifying the ‘Faces’ Behind Faceless Online Transactions

Retail TouchPoints

Because of this ease, merchants have begun relying on POS financing to drive sales growth. McKinsey has found that around 50% to 60% of loans originated at POS are either partially or entirely subsidized by the merchant. Digital fraud can take many forms, with the most common being account takeover ( 29.8%

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What is a Merchant Cash Advance Loan?

Small Biz Trends

Believe it or not, merchant cash advance (MCA) business loans are a great option for small business owners looking for fast and easy access to capital. They’re an ideal financing solution for companies that have been denied a traditional bank loan or don’t have the time to wait around for a business loan approval.

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Protecting your business from card fraud this Christmas

Inside Retail

With Christmas just around the corner, it’s important to stay vigilant as scams and fraud can happen to any business that accepts debit and credit card payments, and can have a significant financial and reputational impact at this time of year. Tools like 3DSecure can help with these additional security processes.