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Resilience is Key as Payments Acceptance becomes Mission-Critical

Retail TouchPoints

Cards have become by far the most popular payment method, with contactless now accounting for most purchases made at retail stores. Uninterrupted Power Supplies (UPS) and generators are valuable for boosting resilience, especially if trading in locations that experience regular electricity power-cuts.

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Optus set to pay $100 million in penalties for unconscionable sales tactics

Inside Retail

Australia’s second largest telecommunications provider Optus has agreed to pay a $100 million fine for unconscionable conduct when selling its products and services to hundreds of customers. Many of them were also First Nations Australians from regional and remote locations.

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Mastercard is getting rid of credit card numbers. Cards themselves may be next

Inside Retail

So-called card-not-present fraud , where an offender processes an unauthorised transaction without having the card in their physical possession, accounts for 92 per cent of all card fraud in Australia. For example, the 2022 Optus data breach exposed information from customers who had previously held accounts with the telco back in 2018.

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Boss Revolution: International calling and mobile top-ups from Australia

Inside Retail

It’s as easy as downloading the app, signing up for Boss Revolution, and adding funds to your account. Note that costs can vary depending on the called party’s location. To ensure you get a reliable and low-cost calling service , Boss Revolution delivers crystal clear and uninterrupted calls via telecommunications hubs.

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What the ‘Next Normal’ in Consumer Behavior Means for the Hourly Economy

Retail TouchPoints

In 2019, for example, internet grocery purchases accounted for only about 3% of total sales, according to a Deutsche Bank Securities report. It now offers more than 3,200 pickup locations and delivery from more than 1,600 stores. The magnitude and speed of this acceptance suggest it’s unlikely to recede. Walmart, the largest U.S.

Consumer 249
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The Story Behind Verizon’s Ambition to Become a ‘Local Community Brand’

Retail TouchPoints

Given its primary role as a telecommunications provider, it can be easy to overlook the fact that Verizon also is one of the most ubiquitous retailers in the U.S. It accounts for approximately 80% of the Verizon business: 2024 revenues for the consumer business were $102.9 billion out of $134.8 billion in total revenue for the company.

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Serendipitous Social Impact is Just One Click Away

Cisco Retail

This is where I listened in on two topics that were quite new to me: first the Cisco Global Problem Solver Challenge, which rewards the best technological projects solving a social problem, and secondly how Cisco was solving connectivity problems in remote locations, in partnership with Mercy Corps. from TIC A.C. was one of the winners!