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. The retailer returns headache With rising costs and falling sales, retailers are understandably feeling cautious, resulting in many examining their expenditures to find ways to cut costs.

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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

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. Source: CivicScience. RTP: Consumer adoption of things like digital wallets is still relatively low.

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Merchant Services Payment Services Checkout Consumer 361

Small Biz Trends

JUNE 14, 2022

The Internal Revenue Service (IRS) has announced that the deadline for taxpayers who pay estimated taxes for the second quarter is June 15. Individuals, including sole proprietors, partners, and S corporation shareholders are required to make estimated tax payments. Quarterly Estimated Tax Payments Due June 15.

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Payment Services Returns Accounting 98

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. 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

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Payment Services Consumer Accounting Advertising 278

Inside Retail

NOVEMBER 15, 2022

Delivery service provider Deliveroo has ceased trading in Australia, entering voluntary administration after about seven years of operation in the country. The expected return on such investment is not commensurate with Deliveroo’s risk/reward thresholds,” the company said.

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Payment Services Accounting Returns Marketing 246

Retail TouchPoints

AUGUST 31, 2023

Buy with Prime was designed to give Prime members fast, free delivery and easy returns through Amazon’s fulfillment network and ultimately help brands increase shopper conversion by about 25%. Now, the new app is empowering Shopify merchants to offer this seamless payment experience to their customers.

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Merchant Services Payment Services Fulfillment Checkout 264

Inside Retail

FEBRUARY 28, 2024

The benefits of global e-commerce expansion are obvious: market diversification, new revenue streams, 24/7 business operations and increased brand awareness. Address local currencies and payments If you want to sell internationally, get cosy with foreign currencies. Poor returns experiences will kill your repeat purchase rate.

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Payment Services Shipping Returns Marketing 147

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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Retail TouchPoints

JANUARY 12, 2024

The purchase amount is automatically deducted from the employee’s payroll account, a major benefit for doctors, nurses and other staff people who often don’t carry wallets or purses while they’re working. Employees can look up receipts and account balances in the hospital’s badge pay web portal or mobile app.

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Payment Services Accounting Checkout Apparel 264

Retail TouchPoints

MARCH 3, 2022

Enhancements to its same-day delivery offering with the previously announced addition of product returns and Starbucks order pickup to its Drive Up service at select stores, as well as an expansion of the backup item option for more categories.

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Payment Services Shopping Planning Fulfillment 246

Retail TouchPoints

APRIL 21, 2021

The pandemic accelerated not just ecommerce but also digital payment methods: digital wallets reached 29.3% The wallets are expected to unseat credit cards as the preferred online payment method in the coming years, according to the FIS Global Payments Report 2021. Digital wallet usage is expected to account for 40.5%

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Merchant Services Payment Services Checkout Accounting 299

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?

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Payment Services Marketing Advertising Accounting 157

Inside Retail

JANUARY 29, 2024

This surge – notably in e-commerce, travel, and financial services – presents greater revenue opportunities but also calls for strategic caution. Eliminate unnecessary banking fees Retailers should pay attention to the costs associated with cross-border transactions and conventional banking fees for currency conversions and payments.

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Payment Services Customer Experience Accounting Planning 130

Small Biz Trends

JUNE 29, 2023

The customer service representative emerges as a pivotal figure, often embodying the company’s image. This article details the specifics of crafting a precise and comprehensive customer service representative job description tailored for a small business environment. Processing payments and refunds.

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Payment Services ATS Accounting Fulfillment 75

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 Minded

MARCH 19, 2024

Opening a restaurant necessitates securing funding, a process that can overwhelm even the most ambitious restaurateurs. However, the financing process doesn’t have to obstruct your culinary vision. As a result, they often have expedited application processes and rapid funding turnarounds. establish credibility.

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Finance Payment Services Planning Fulfillment 52

Small Biz Trends

SEPTEMBER 12, 2022

The Internal Revenue Service (IRS) has announced to taxpayers who pay estimated taxes that the deadline to submit their third quarter payment is September 15, 2022. tax system operates on a pay-as-you-go basis where taxpayers are required to pay most of their tax during the year, as they earn or receive income.

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Payment Services Returns Accounting ATS 105

Inside Retail

MARCH 12, 2024

Square is revolutionising the way small and medium-sized retailers can manage inventory and payments through a combination of next-generation hardware and custom-built software. Square’s system also allows retailers to accept returns at any location and seamlessly process exchanges. Offer not valid with guest checkout.

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Payment Services Accounting Promotions Point of Sale 130

A1 Retail

AUGUST 26, 2021

To do so effectively, however, retailers need to optimise their payments ecosystems now to put in place the right framework for expansion in the future. Consumers also became more open to experimenting with new payment methods, with many consumers saying they tried out a BNPL service last year. Creating backend efficiencies.

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Merchant Services Payment Services Consumer Returns 98

Cisco Retail

AUGUST 26, 2022

A significant portion of countries with Cisco operations have established laws and policies around net zero goals. With the hybrid work model, many companies determined that building and construction emissions account for 37 percent of greenhouse gases (GHGs) globally, according to the 2021 Global Status Report for Buildings and Construction.

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Payment Services Accounting Returns Management 98

Retail TouchPoints

JULY 25, 2022

This generation has taken to this payment option faster than any other, but looking at their history it is easy to see why. Gen Z has grown up with a steady decrease in the use of physical payment, coupled with major advancements in fintech. Late or missed BNPL payments have their own consequences. with Klarna.”.

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Payment Services Advertising Accounting Consumer 243

Retail TouchPoints

DECEMBER 30, 2021

Account takeover fraud, which is driven by impostor scams, increased by 50%, with no signs of slowing down in 2021. Scammers gather financial account information and government program ID numbers to take over accounts, divert funds and commit identity fraud. K eep bots out of your customers’ accounts and checkout.

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Merchant Services Accounting Payment Services Returns 298

Inside Retail

AUGUST 2, 2022

This is particularly true for card-not-present fraud, which accounts for the vast majority of issues, and increased by 12 per cent in the year to 30 June 2021. . One crucial area is merchant fraud, and any business taking card payments is vulnerable. This is where card data and even entire customer identities can be stolen.

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Merchant Services Payment Services Accounting Management 147

Inside Retail

MAY 31, 2022

But it’s important to consider the costs as well as the benefits before jumping at a new payment method. That means having honest conversations with BNPL providers and your own team around issues like fees, integration, UX, accreditation and customer ownership, accountability and bad debt management. .

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Payment Services Checkout Finance Returns 130

Retail Gazette

AUGUST 8, 2023

UK and continental Europe marketplace sellers were told Amazon would no longer immediately credit their accounts once an online sale was made. Thousands of small businesses on Amazon marketplace have been left worried for their futures after the retailer informed them it would keep hold of sale proceeds for over a week.

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Payment Services Accounting Returns Marketing 98

Retail TouchPoints

JUNE 23, 2022

Last year, the average family with K-12 students spent $848 on return to school items, while families of college students spent an average of $1,200, according to the National Retail Federation. Give Back-to-School Shoppers Alternative Payment Options. Streamline Your Checkout Process for Busy Parents and Students.

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Payment Services Checkout Drop-Shipping Customer Retention 304

Inside Retail

SEPTEMBER 1, 2021

According to co-founder and chief product officer Joel Aaron, refunded cash can be in the customer’s account within as little as 30 seconds. It means consumers don’t have to wait for the seller to receive the returned product and approve the refund before they get their cash — a process that can take weeks or more.

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Merchant Services Payment Services Returns Planning 130

Independent Retailer

MARCH 20, 2023

A big trend among some online sellers is buying Amazon return pallets and overstock and flipping the items for big markups. What are Amazon Return Pallets? Why Would You Want Amazon Return Pallets? What is the Process? Where to Buy Pallets What is the best time to buy Amazon return pallets?

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Inside Retail

JANUARY 10, 2023

BNPL services are gradually gaining prominence in Singapore, with a growing preference for flexible payment methods among consumers,” Neralla Rama Ravi Teja, a retail analyst at GlobalData, told Inside Retail. BNPL payments were expected to reach US$1.1 BNPL payments were expected to reach US$1.1 Rise of online payments.

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Payment Services Consumer Finance Apparel 130

Retail TouchPoints

SEPTEMBER 17, 2022

Apparel and beauty companies accounted for 80.1% of individual loans in 2021 saw at least some portion of the order returned, up from 12.2% with late payments, fees, etc.]. of BNPL transactions in 2019 but fell to 58.6% Other notable data from the report includes: Late fees are becoming more common, with 10.5%

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Consumer Payment Services Apparel Accounting 262

Small Biz Trends

DECEMBER 15, 2022

Are you unsure of how much it will cost and what your monthly payments will be? All you have to do is adjust the sliders of the business loan calculator for “Loan Amount,” “Interest Rate (%),” and “Term” to view your estimated monthly payment and total cost of the loan. Amortization.

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Payment Services Finance Shopping Accounting 98

Retail TouchPoints

AUGUST 24, 2022

For brands selling internationally, local tax codes, compliance and support for a variety of currencies are hurdles that can’t be ignored. Today’s online shoppers are looking for customization wherever possible, and that necessitates that ecommerce stores offer a variety of payment and shipping methods.

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Retail TouchPoints

MARCH 24, 2021

A year of quick pivots for the retail industry, 2020 required brands to rapidly adjust their spaces to account for social distancing and the safety measures of consumers, staff and everyone in between. In order to lean into creating safer environments, we saw the rise of flexible fulfillment and contactless payments.

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Payment Services Fulfillment Consumer Returns 297

Inside Retail

OCTOBER 21, 2021

James Johnson, director of technology services & strategic accounts, APAC at Shopify, says it is critical for Australian retailers to optimise their product offers and sales channels to make the most of the sales season and seize the opportunity to end a difficult year on a high.

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VMS

JANUARY 25, 2022

Retailers expect more than $761 billion in merchandise sold last year to be returned by consumers, according to a report released today by the National Retail Federation and Appriss Retail. This accounts for an average of 16.6 The 2021 total rate of returns (16.6 to return fraud. percent of total U.S. billion (10.6

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Inside Retail

OCTOBER 6, 2021

The customer goes through the checkout process as usual and on the confirmation page they have the option to view their AirRobe account which will show them the item that they have just bought as well as previously purchased items. Tapping into gen Z spending power.

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