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

Retail TouchPoints

That inherent distaste for the transaction phase is one reason payment companies are so eager to expand into other parts of the shopper journey. Embedded finance has become big business: McKinsey estimated that the sector reached $20 billion in revenue in the U.S. Denise Leonhard, VP and GM, Venmo.

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14 Point of Sale Systems for Small Businesses in 2023

Small Biz Trends

A point-of-sale system is one of the best tools for small businesses looking to accept payments. Point-of-sale systems enable business owners to be more agile with their payment processing and forego using the cash drawer. A point of sale (POS) system is used to accept payments, like a cash register. Brilliant POS.

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BNPL: Multiple Growth Opportunities Despite Rumblings About Regulation

Retail TouchPoints

Most buy now, pay later offers are interest- and fee-free, unless customers miss a payment. consumers say they have used a buy now, pay later service, according to a recent study from The Ascent, a Motley Fool service. In fact, 50% of U.S The Appeal of BNPL: Layaway Without the Stigma.

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Monetizing Data Assets is the Lifeline Retailers Need to Restore Growth

Retail TouchPoints

However, the more of their own behavioral data that consumers can access, the more interested they are in understanding how that data can be applied to improve their finances and other aspects of their lives. The way to meet consumer demand and create value through merchants is by leveraging receipt data. The Value in Receipt Data.

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Why Your Retail Business Needs Credit Report Services

Retail Minded

Fortunately, various services can help keep your retail establishment afloat in stormy financial waters. One type of service that could be useful to small and mid-sized retailers is credit report services. What Are Credit Report Services? . To understand credit report services, it’s essential to know what it means.

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What’s Behind the New Urgency Driving Sustainability Initiatives?

Retail TouchPoints

Retail TouchPoints recently partnered with Amazon Web Services on a survey of 500 retail and brand executives and found that the vast majority ( 84% ) have incorporated CSR in some way into their business strategies, largely because they think it is the right thing to do ( 72% ).

Consumer 311
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Has retail seen its watershed moment?

365 Retail

Trust is an important factor in customer experience. E-tailers have to ensure the customer consent is captured (needs to be opt-in vs opt-out) and is passed on to various systems at the backend, such as the marketing automation, CRM and customer support. Support for mobility : Mobile commerce is on a steady rise.