Retail TouchPoints

MARCH 31, 2023

And it’s increasingly clear that brands that embrace financial services within the customer journey are scoring highly on engagement scores. What’s more, the number of payment providers on the market has dramatically multiplied over the years, creating a vast and often confusing ecosystem. It’s reckoned that nearly 4.5

Payment Services 278

Payment Services Accounting Point of Sale Customer Experience 278

Rain Pros

AUGUST 4, 2023

In the world of specialty retail, where passion and a deep understanding of niche products and services meet, the quest for providing an exceptional shopping experience for your unique clientele becomes the heart and soul of every decision you make. POS payment processing plays an important role in this customer experience.

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Payment Services Specialty Retailers Checkout Clienteling 52

Inside Retail

NOVEMBER 15, 2021

Payment flexibility has been commonplace in B2C transactions for many years, and now, emerging payment technology is making this possible for B2B trade. Why should your business provide payment plans to business customers? This reduces the likelihood of late payments and strengthens your customer relationships. .

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Payment Services Planning Finance Accounting 264

Retail TouchPoints

SEPTEMBER 6, 2023

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.

Merchant Services 284

Merchant Services Payment Services Consumer Customer Experience 284

Small Biz Trends

JULY 20, 2022

But as your business grows, you may find it difficult to manage all your financial reports. That’s why most of them rely on accounting software to make their life easier. What is Accounting Software? Why You Should Invest in Small Business Accounting Software. READ MORE : free accounting software for small business.

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Accounting Payment Services Finance Management 98

365 Retail

AUGUST 11, 2023

Fortunately, there are simple ways that entrepreneurs can keep their finances safe while interacting with the sophisticated payment processing services out there. Here are some important ways that retail site owners can protect their payment accounts. CNET explains SMS 2FA concerns here.

Payment Services 52

Payment Services Accounting Finance Management 52

Retail TouchPoints

OCTOBER 21, 2022

That inherent distaste for the transaction phase is one reason payment companies are so eager to expand into other parts of the shopper journey. taking place online, digital payment solutions like Venmo and PayPal (which has owned Venmo since 2013) are well positioned to capitalize on the opportunity.

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Merchant Services Payment Services Checkout Finance 338

Retail TouchPoints

JANUARY 24, 2023

The digital wallet will be managed by Early Warning Services (EWS) , the company that operates Zelle, but will operate separately from Zelle. The other four owners in the EWS/Zelle venture include Capital One Financial , PNC Financial Services Group , U.S. By 2025, digital wallets are expected to account for 52.5%

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Merchant Services Payment Services Accounting Checkout 305

Retail TouchPoints

APRIL 3, 2023

billion on pet food and treats, supplies, medicine, vet care and other services in 2022, and are predicted to spend $143.6 Myos Fetch is a full-service SMS “concierge” for all things related to the brand and its focused, yet growing, product line. More than 66% of U.S. million or so homes spent $136.8 billion in 2023.

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Payment Services Accounting Planning Consumer 261

Retail Focus

JANUARY 12, 2023

However, to do that, the system needs to be operable 24/7 throughout the entire year. The ultimate benefits that come with all of that include: reduced operating costs, fewer operator errors, increased sales, . Deciding Which Processes to Automate. The old-fashioned way of doing that was always to have staff available.

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Payment Services Inventory Management Returns Checkout 130

365 Retail

JANUARY 12, 2024

This requires suitable payment solutions – turning payment into a strategic success factor. Payment systems were of rather subordinate importance as a trade fair topic because payment in retail was mostly still analogue. Cash, cheques and invoices accounted for together 95% of turnover.

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Payment Services Checkout Accounting Point of Sale 64

Inside Retail

JANUARY 24, 2022

observes Teaj Sian, Managing Director at Glory Global Solutions (Australia). People flock to shopping centres and it is not just to procure goods and services; it is also about the experiential enjoyment, the social element and the ability to make more informed purchasing decisions.”. There will always be space for physical retail.

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Payment Services Checkout Kiosk Sporting Goods 162

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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Payment Services Accounting Finance Management 130

Retail TouchPoints

FEBRUARY 26, 2024

While they’re not perfect, many financial services companies provide concise, one-page statements clearly detailing why consumer data is collected, how it is collected, what is collected and how it is used. They also set a good example by establishing a path toward greater accountability for both companies and competitors.

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Payment Services Consumer Finance Management 317

Small Biz Trends

DECEMBER 6, 2022

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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Point of Sale Payment Services Merchant Services Inventory Management 115

Retail TouchPoints

JUNE 2, 2023

Smart retailers are realizing that their increasingly complex omnichannel offerings have made strong supply chain management more important than ever. They are at the cusp of all things digital, which drives us on everything, from payment options to search — and ultimately, from a merchandising platform standpoint.

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Inventory Management Management Fulfillment Supply Chain Management 278

Retail TouchPoints

APRIL 14, 2023

In recent years, the financial landscape has changed dramatically with new economic challenges making it increasingly difficult for consumers to commit to recurring monthly payments. Against this backdrop of economic uncertainty, consumers are finding ways to manage their budgets while also staying loyal to the brands they love.

Payment Services 278

Payment Services Consumer Accounting Advertising 278

Inside Retail

NOVEMBER 22, 2023

The danger facing the retail sector is year-long and growing, as revealed in the just-released Trustwave Threat Intelligence Briefing: The 2023 Retail Services Sector Threat Landscape. Seasonality: S easonality can make it difficult to maintain security and compliance standards.

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Payment Services Supply Chain Management Accounting Point of Sale 162

Inside Retail

SEPTEMBER 16, 2021

Managing money is a skill that transcends the boundaries of work and personal – what works well in one area applies equally well to the other. Facilitating these lessons not only helps employees’ personal circumstances but the company’s bottom line too. Read on to see how to go about helping young employees better manage money.

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Management Payment Services Finance Accounting 228

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. Accounts Receivable Financing Benefits.

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Finance Accounting Merchant Services Payment Services 119

Inside Retail

JANUARY 16, 2024

Cybersecurity company Kasada recently revealed that cybercriminals have compromised more than 15,000 customer accounts of Mexican fast food chain Guzman y Gomez, liquor retailer Dan Murphy’s, streaming service Binge, home shopping network TVSN and Event Cinemas since November.

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Merchant Services Payment Services Accounting Checkout 289

Retail TouchPoints

AUGUST 31, 2023

Now, the new app is empowering Shopify merchants to offer this seamless payment experience to their customers. After signing into their Amazon accounts, Prime members will pay for their orders using a payment method from their Amazon wallets and Shopify Payments will process the payment through Shopify’s Checkout.

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Merchant Services Payment Services Fulfillment Checkout 264

Inside Retail

APRIL 4, 2024

Another factor that can trigger mass cart abandonments is a lack of payment options. Seventy-seven per cent of consumers say they are likely to ditch their cart if their preferred payment method is not available. Airwallex helps thousands of Australian retailers tackle the common challenges of international financial operations.

Merchant Services 130

Merchant Services Payment Services Social Commerce Checkout 130

Inside Retail

OCTOBER 13, 2021

Options such as buy now, pay later (BNPL) services were first introduced to business to consumer (B2C) transactions, giving customers the ability to access products and services they need today while paying at a later date or over a series of instalments. . Transform your B2B transactions with better payment technology.

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Payment Services Finance Customer Experience Wholesale 355

Secure Retail

JUNE 28, 2023

Secure Retail is an established provider of secure and bespoke omnichannel payment solutions, delivering vendor-agnostic payment gateways, hardware, software solutions and associated managed services. The whole process of working with us in Europe is now faster, easier and more cost effective.

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Payment Services Shipping Accounting Location 52

Secure Retail

AUGUST 6, 2021

Secure Retail offers an excellent portfolio that combines technology, reliability and fast, secure, payment for EV charging points in one complete solution. All elements of our service provision have been certified to the latest compliance standards. Benefits: – ALL NFC, contact and contactless EMV payments.

Payment Services 98

Payment Services Kiosk Outdoor Advertising 98

Retail TouchPoints

FEBRUARY 27, 2024

Cyberattacks and network outages can disrupt operations and erode customer loyalty. 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.

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Payment Services Wholesale Store Layout Inventory Management 278

Retail TouchPoints

APRIL 3, 2023

Retail operations are an increasingly popular target for cybercriminals. The growth of online shopping, self-checkout systems, point-of-sale transactions and other digital processes has created numerous opportunities for attackers. Better security hygiene and processes can help close the gap. Active Directory (AD).

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Payment Services Accounting Point of Sale Checkout 300

Small Biz Trends

JULY 15, 2022

A large number of small business owners say that B2B payments are getting increasingly late, coming in 20 – 30 days after their due date. The late payments are threatening to close many Main Street businesses. B2B Payments are Late, Threatening Main Street Businesses. Late Payments Are Putting Small Businesses at Risk.

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Payment Services Finance Accounting Planning 124

Retail TouchPoints

AUGUST 11, 2022

For newer gift card programs, the program is just one responsibility among many others, while larger, more established programs may have a dedicated gift card manager with a small team. Keeping Up with State Compliance. Here are a few recommended next steps: Consult with your internal legal and compliance departments.

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Payment Services Management Fulfillment Location 277

Retail TouchPoints

JUNE 16, 2021

The M&A process is highly involved, and acquirers are becoming increasingly sophisticated. We advise our clients to begin the process at least 12 months in advance of their anticipated exit date so they can do everything possible to achieve the best results at a potential sale. But what exactly does that process entail?

Payment Services 165

Payment Services Marketing Advertising Accounting 165

A1 Retail

MARCH 29, 2023

Tom Pope, Head of Payments and Platforms at Tink talks to A1 Retail about how retailers can overcome the refund conundrum with payment solutions. If we dive into this deeper, returns are identified as one of the most considerable drains on business operations. It’s a clear win-win situation for all.

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Payment Services Returns Finance Customer Experience 98

Nvidia

AUGUST 6, 2021

Plainsight, a San Francisco-based startup and NVIDIA Metropolis partner , is helping the meat processing industry improve its operations — from farms to forks. is between $980 and $1,200, and facilities process anywhere between 1,000 to 5,000 cows per day. Computer vision and edge AI are looking beyond the pasture.

Payment Services 142

Payment Services Management Accounting Consumer 142

Inside Retail

OCTOBER 6, 2023

For retailers dealing with global customers and suppliers, the cost of international payments can significantly impact their bottom line. Fees can be charged when settling funds into your processing account, transferring funds to your bank account, and paying suppliers.

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Payment Services Finance Accounting Accessories 130

Retail TouchPoints

APRIL 5, 2022

Mobile technology is transforming payments, making it easier, safer and more affordable for people to move and manage their money than ever before,” said Dan Schulman, President and CEO of PayPal at the time of the spinoff. “As Source: CivicScience. RTP: Consumer adoption of things like digital wallets is still relatively low.

Merchant Services 361

Merchant Services Payment Services Checkout Consumer 361

Retail TouchPoints

FEBRUARY 16, 2023

The Allure of Facial Recognition in Retail The retail industry is built on the ideal of service. Instead of the typical time-consuming payment process in stores, facial recognition technology can identify the customer and automatically charge their account for a fast, secure self-service checkout experience.

Payment Services 275

Payment Services Shopping Checkout Customer Experience 275

Inside Retail

MARCH 21, 2022

Automate your shipping process. An employee who would spend most of their time processing shipping labels can now focus on customer service, marketing, or other business activities. Merchants no longer need to set up individual accounts with each carrier, connecting their selling channel instead to ShipStation’s base platform.

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Shipping Merchant Services Payment Services Accounting 246