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URBN to Deploy Common Payments Infrastructure Across Brands

Retail TouchPoints

URBN , parent company of Urban Outfitters , Anthropologie , Free People and FP Movement , will adopt Stripe as its primary payments infrastructure for both online and in-store sales, consolidating the majority of its North American payments volume onto the solution provider.

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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% over the five years through 2024-25, to $1.1

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FTC’s ‘Click-to-Cancel’ Proposal: A Step Forward for the Negative Option Model

Retail TouchPoints

So-called “negative option” services are a controversial yet time-tested method of doing business. Under this model, a customer signs up for a subscription service, typically as part of a free trial offer. The customer is then charged on an ongoing basis unless they explicitly cancel the service in question.

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Study Forecasts Accelerated Adoption of Digital Wallets and Buy Now, Pay Later

Retail TouchPoints

The pandemic accelerated not just ecommerce but also digital payment methods: digital wallets reached 29.3% The wallets are expected to unseat credit cards as the preferred online payment method in the coming years, according to the FIS Global Payments Report 2021. Digital wallet usage is expected to account for 40.5%

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NRS Pay Saves the Day with Free Credit Card Processing

Independent Retailer

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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The NRS POS + NRS Pay Credit Card Processing for CBD Retailers

Independent Retailer

“We recognize that there is a big challenge to selling CBD products, because a significant number of credit card processing companies refuse to process for CBD retailers, making many CBD sales a less-than-desirable, cash-only purchase. NRS PAY happily services credit card transactions through its credit card processing programs.

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How To Find GTIN Online and Solve Feed Issue With Identifiers

Store Growers

This info can be encoded in the ubiquitous barcode form and used to identify a product’s specification at the point of sale, i.e., determine product type, size, color, and the price at the checkout counter of a brick-and-mortar store. In ecommerce, GTINs are used to identify products, but not only during checkout.