Remove Accounting Remove ATS Remove Finance Remove Shipping
article thumbnail

Airwallex helps Poppy Lissiman save six figures, avoid the conversion trap

Inside Retail

Every international dollar a business generates may be unnecessarily converted up to three times and attract fees at each conversion. Fees can be charged when settling funds into your processing account, transferring funds to your bank account, and paying suppliers. These costs can quickly add up and take as much as 5.5

article thumbnail

Sainsbury’s growth spurt continues as grocery inflation falls at slower rate

Retail Gazette

in the 12 weeks to 21 January, accounting for 15.7% The supermarket’s CEO Simon Roberts said: “More customers are choosing to shop at Sainsbury’s, recognising our determined focus on value, product innovation and service.” The supermarket’s revenues surged 8.1% of the total market, up 0.3% on last year. in November.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Serial Returners and Refund Fraudsters: How Brands are Fighting Back With Data Insight

Retail TouchPoints

For instance, in 2019, Asos said it would begin deactivating the accounts of serial returners on its site. By examining shared IP addresses, shipping addresses and payment methods, retailers can uncover hidden associations that might indicate organized fraud rings. Large, multinational crime rings may be behind an attack.

Returns 251
article thumbnail

What Is Inventory Financing and How Can It Benefit My Business Growth?

Rangeme

If you’re like many small- and medium-sized businesses, allocating financial resources to cover set expenses, investments, and finance growth strategies is where creativity and resourcefulness are needed. Explaining Inventory Financing. What is inventory financing? Inventory Financing through Kickfurther.

Finance 52
article thumbnail

What working at McDonald’s and the Ritz taught Vermillion founder Krizia Li

Inside Retail

Krizia Li: A graduate of Oxford University and Harvard Business School, I worked at KPMG, Merrill Lynch and McKinsey & Co, followed by DFS Group, Marriott International and McDonald’s Greater China. Being a fan of – but never able to work at – UNESCO, I studied Cultural Heritage Management at HKU Department of Architecture after-hours.

ATS 130
article thumbnail

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% The result?

article thumbnail

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. Rush orders that need overnight or express shipping. Be aware of refund fraud.