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How automation can help retailers reduce back-office costs and grow

Inside Retail

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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How to Improve Business Processes with B2B eCommerce Software

Retail Focus

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 Trends Revolutionizing Retail in 2022

Retail Focus

Modern marketers have numerous alternatives in terms of reputable online payment options. Without an effective method of payment, it is challenging to deliver quality services to customers. In this article, we will discuss some of the payment trends revolutionizing retail in 2022. . Amazon Pay . Google Pay .

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Stopping Ecommerce Fraud: How Technology can Help

Retail TouchPoints

Digital payments misuse accounted for 21% of the total number of fraudulent transactions. Fraud resulting from relationship, product and service scams combined represented 22% of total fraud. Consider for example a payment via an app such as PayPal, Venmo, Apple Pay or Samsung.

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Mastercard Data: Holiday Sales Climb 3.1% YoY

Retail TouchPoints

year-over-year increase in both online and in-store retail sales, according to the Mastercard SpendingPulse , which measures sales across all forms of payment and is not adjusted for inflation. As in previous years, ecommerce grew at a faster pace than brick-and-mortar retail, but the latter still accounts for the majority of all sales.

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Why Gaming Retailers Should Promote Cybersecurity 

365 Retail

In this guide, we’ll explore why gaming retailers should promote cybersecurity. In some cases, this will be email addresses, phone numbers, and social media accounts. However, it can also include payment data and login credentials for financial accounts. It adds another step to the login process.

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The Benefits of Prepaid Top-Up Cards for Big Brands

Retail TouchPoints

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. alone, the use of branded payments solutions has grown by more than 50% in the last five years. The global prepaid cards market was valued at $2.2