Retail TouchPoints

NOVEMBER 14, 2024

As a result, the retail and consumer industries have become an attractive target for cybercriminals, with research revealing that in 2023, retail and wholesale accounted for 11% of cybersecurity incidents. In light of this, it’s critical that businesses strengthen their defenses. Ensure robust security and incident response training.

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Retail TouchPoints

MARCH 31, 2025

This confusion leads to unnecessarily high fees 72% of businesses are overcharged for their credit card processing. This means many retailers are losing revenue to unnecessary charges, penalties and hidden fees. By learning how to spot and address these issues, businesses can reduce costs and increase their revenue.

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Payment Services Merchant Services Point of Sale Accounting 147

Retail Focus

APRIL 15, 2025

Separating Personal and Business Finances Making a boundary between personal and corporate funds is one of the fundamental financial managers. In addition to improving transparency and streamlining accounting procedures, this division is necessary for proper tax reporting. According to a survey, firms attribute 11.5%

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Inside Retail

JULY 4, 2023

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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Retail TouchPoints

OCTOBER 9, 2020

To take its online presence to the next level and meet shoppers’ needs in the virtual world, CITY Furniture overhauled its ecommerce approach by building its own headless platform, designed to integrate with modular partner solutions as needed. All of this made us want to move away from the traditional, monolithic platform approach.”.

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Home Furnishings Payment Services Promotions Accounting 264

Retail TouchPoints

MARCH 31, 2023

In the same manner, the new service providers, the payment platforms, get worked up over Banking-as-a-Service and Embedded Finance, the latest industry buzzwords, without fully explaining the simplicity and value of the proposition. Digital wallets are a pathway to an improved, convenient and frictionless payment process.

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Payment Services Accounting Point of Sale Customer Experience 278

Small Biz Trends

JULY 19, 2022

If you’re also struggling to stay afloat due to piled-up accounts receivable, you can opt for accounts receivable financing to improve cash flow in your company. What Is Accounts Receivable Financing? Accounts receivable financing should not be confused with invoice factoring.

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Retail Focus

MARCH 20, 2025

Over the past decade, the payments environment has experienced significant upheaval, driven by swift technical improvements. Innovations such as contactless cards, mobile wallets, blockchain, and real-time payments are transforming transaction methods for consumers and companies.

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Retail TouchPoints

MAY 16, 2022

It’s clear this reverse layaway payment model is also here to stay. In BNPL, consumers receive the goods or services that they want to buy, but payment is staggered over monthly payments for a certain period of time with no interest. But as stand-alone BNPL apps continue to grow, so will the threats against them.

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Merchant Services Payment Services Accounting Consumer 239

Inside Retail

APRIL 10, 2024

But while labour and marketing budgets are typically the first to be put on the chopping block, retailers may be overlooking opportunities to reduce costs in the back end by automating everyday finance functions, such as accounts payable and accounts receivable. “I

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Retail TouchPoints

NOVEMBER 4, 2020

Because of this ease, merchants have begun relying on POS financing to drive sales growth. Without proper identification of the individuals behind transactions or new account openings, it’s difficult for retailers to tell the difference between good customers and bad actors, and therefore easier for fraudulent activity to slip through.

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Retail TouchPoints

NOVEMBER 3, 2021

Sodipo most recently led Product Finance and Strategy at Stripe and will bring her expertise in payments to Glossier’s Accounting and Finance teams. She also will draw upon prior experience at roles in private equity firms to help the retailer continue scaling its business.

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Retail TouchPoints

SEPTEMBER 15, 2022

All eligible associates will be able to contribute a portion of after-tax pay on a recurring basis directly from their paycheck to a personal savings account. consumers who have borrowed to finance the education necessary to unlock the best career opportunities,” said Scott Thompson, CEO of Tuition.io in a statement. in a statement. “As

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Finance Accounting Management Location 289

Small Biz Trends

MAY 2, 2022

All small businesses must track their cash flow and develop financial reports to increase profitability. However, it’s not always possible or sensible to hire an entire accounting team. Luckily, there are outsourced and online accounting services available to fill these needs for you. What is an Accounting Service?

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Accounting Payment Services Finance Planning 111

Inside Retail

MAY 17, 2022

The industry’s latest move: accepting cryptocurrency as a form of payment. Soon after, other brands, including Off-White and Gucci, announced they would also be accepting a variety of cryptocurrency on their online platforms and at select stores around the world. Beyond payment. Why would you consider selling your data?

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Merchant Services Payment Services Advertising Returns 243

Small Biz Trends

JULY 20, 2022

As a small business owner, you need to stay on top of finances and related paperwork. But as your business grows, you may find it difficult to manage all your financial reports. Small business owners everywhere face the same challenge. That’s why most of them rely on accounting software to make their life easier.

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Accounting Payment Services Finance Management 98

Retail TouchPoints

AUGUST 18, 2022

Most buy now, pay later offers are interest- and fee-free, unless customers miss a payment. Pressure also is increasing on BNPL providers from both the regulatory and financial sides of the business. By 2025, buy now, pay later is projected to account for 1.6% ($941 billion ) of global POS transaction value. In fact, 50% of U.S

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Merchant Services Payment Services Consumer Point of Sale 278

Inside Retail

JUNE 29, 2022

But the payment method is already truly embedded in the digital economy and is not going anywhere, even if it is regulated. Let’s look at the conditions that were so favourable to this payment method, the inevitable regulations and consumer and media response. BNPL is disrupting credit and driving competition.

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Merchant Services Payment Services Finance Consumer 130

Retail TouchPoints

OCTOBER 9, 2020

To take its online presence to the next level and meet shoppers’ needs in the virtual world, CITY Furniture overhauled its ecommerce approach by building its own headless platform, designed to integrate with modular partner solutions as needed. All of this made us want to move away from the traditional, monolithic platform approach.”.

Home Furnishings 162

Home Furnishings Payment Services Promotions Accounting 162

Inside Retail

JUNE 15, 2022

trillion in 2020 and is predicted to create revenue of roughly $18.57 For example, B2B buyers often prefer to pay by invoice over debit and credit cards, as it is a more beneficial payment method when making large or repeat purchases. A good payments partner should finance the trade credit you offer B2B buyers.

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Payment Services Checkout Accounting Finance 130

Small Biz Trends

JULY 31, 2022

A new business won’t survive long if it doesn’t have solid cash flow and a good accounting system in place. Luckily, there are ways to avoid or fix most of these common mistakes and save your business’s bottom line. Focusing on Overall Revenue. “Accounting can make or break your business.

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Accounting Finance Net Profit Wholesale 105

Small Biz Trends

JUNE 14, 2022

Managing finances is no walk in the park for the majority of small business owners. Luckily, there are a number of accounting software tools that can help. Many of these tools are available for free, which is useful for business owners operating on a shoestring budget. Free Software for Your Small Business Accounting.

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Accounting Payment Services Finance Management 98

Retail TouchPoints

OCTOBER 18, 2023

For instance, in 2019, Asos said it would begin deactivating the accounts of serial returners on its site. Some fashion brands, including Zara, J.Crew and Uniqlo , have begun charging for returns in order to claw back lost revenue and dissuade certain behaviors. Cutting Fraud to Claw Back Costs Retailers are pushing back.

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Inside Retail

OCTOBER 6, 2023

For retailers dealing with global customers and suppliers, the cost of international payments can significantly impact their bottom line. Every international dollar a business generates may be unnecessarily converted up to three times and attract fees at each conversion. These costs can quickly add up and take as much as 5.5

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Payment Services Finance Accounting Accessories 130

Rangeme

DECEMBER 14, 2021

Today’s technology and the all-inclusive platforms for consumer packaged goods (CPG) operations management make that possible. Funding, however, tends to require a more bespoke fit to make sure you have exactly what you need in order to build a successful business. How does PO financing work? Why is PO financing important?

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Finance Payment Services Accounting Consumer 98

Inside Retail

JULY 2, 2024

That involves operations, customer service, logistics, warehousing, currency and finance. I wasn’t allowed to get involved in payment because there’s a gigantic business unit called Amazon payment that they wouldn’t let me get my hands [on]. When I was at Shopbop I was only allowed to do marketing.

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365 Retail

MAY 4, 2022

NatWest Group has signed agreements with three payment providers – TrueLayer, GoCardless and Crezco – to offer Variable Recurring Payments (VRP) as a new and convenient payment option for businesses and consumers.

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Merchant Services Payment Services Accounting Finance 97

Inside Retail

MAY 19, 2021

Deliciou now has over 80 per cent of its sales from Europe and North America, offering a range of plant-based products via its e-commerce platform. Peter Park, Business Improvement Manager, has been at the forefront of Deliciou’s global growth. Peter’s advice to businesses thinking about international expansion is simple.

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Payment Services Accounting Wholesale Finance 130

Retail TouchPoints

FEBRUARY 27, 2024

This article delves into the evolving threat landscape, examining the impact of these disruptions on retail operations and exploring proactive measures for safeguarding businesses, customer data and reputations. A cyberattack that compromises customer personal information can diminish the trust consumers place in a brand.

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Payment Services Wholesale Store Layout Inventory Management 278

Small Biz Trends

APRIL 15, 2021

Besides having a brick-and-mortar shop, going online to offer your products and services comes with lots of opportunities for your business. An eCommerce platform is a software application that helps businesses sell products and services online. This means users don’t have to buy web hosting or install software anywhere.

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Retail TouchPoints

JULY 2, 2024

That has begun to change now, and among the swath of new platforms aiming to serve this sector, Faire has emerged as a front-runner. Since its launch in 2017, the platform has raised more than $1.29 At the time Faire was running a deal to promote its expansion into Europe , where the platform would cover import taxes. “I

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Small Biz Trends

APRIL 21, 2022

This statement helps small businesses see where cash flows in from and how it gets spent. They’re an important way to manage finances. These cash flow statements are a big part of financial accounting. These financial statements break down into financing, investing, and operating activities. Financing Activities.

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Payment Services Finance Accounting Operating Expenses 116

Cisco Retail

SEPTEMBER 14, 2021

How many digital platform login or access failures will you accept prior to moving to a new institution? . The rapid expectation to manage your finances digitally during the pandemic created an immediate shift in how the world expects to conduct business. How Important is digital-first engagement to your customers? .

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Retail Focus

SEPTEMBER 5, 2024

For instance, in eCommerce, AI-powered tools can analyse online shelf performance, tracking competitors and identifying opportunities. “In physical stores, Computer Vision is transforming operations and providing new revenue streams. She explains that retailers must prioritise transparency and accountability in their AI initiatives.

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Payment Services Checkout Inventory Management Store Layout 162

Inside Retail

AUGUST 8, 2023

Super apps in Asia are trendy, and with good reason: they gather together a number of essential everyday services onto a single, easy-to-use platform. Other super apps in the region also wind financial services into a single platform with other offerings. Company revenue in the first quarter was US$3.0

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Merchant Services Payment Services Accounting Finance 130

Retail TouchPoints

APRIL 27, 2021

The economic fallout from the COVID-19 pandemic accelerated demand for buy now, pay later (BNPL) payment options. As the popularity of BNPL increases, it is important for consumers and merchants to weigh the benefits and the drawbacks of using/offering these payment options. over the five years through 2024-25, to $1.1

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Merchant Services Payment Services Consumer Point of Sale 130

Inside Retail

FEBRUARY 2, 2023

Zeller, one of Australia’s fastest-growing companies, has announced new financial services products that mean any Australian business can now use the company’s products, including a free, standalone transaction account and debit card that replace the outdated solutions provided by Australia’s traditional business banks.

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