Retail Minded

MARCH 20, 2025

From shoplifting to cyberattacks retailers must navigate an array of risks both in physical stores and online platforms. The Emerging Threats To Retailers Retailers operate in a high-risk environment where financial losses, security breaches, and legal liabilities can significantly impact business stability. billion in 2024, costing 6.5

Merchant Services 94

Merchant Services Payment Services Management Shrinkage 94

Retail TouchPoints

AUGUST 22, 2023

Its primary purpose is to protect consumers by stifling sales of counterfeit, stolen and harmful products on online platforms — from ecommerce stores like Amazon, Etsy and auction sites to the many smaller marketplaces that may operate more locally or in niche categories. Freeze non-compliant seller accounts.

Payment Services 246

Payment Services Accounting Shrinkage Consumer 246

Retail TouchPoints

NOVEMBER 7, 2023

Typically, ORC is reliant on a single entity, like an address, credit card or store account that connects a complex crime ring across retail stores. The same retail security survey from NRF found that most retailers experience a shrinkage rate of around 1.4%, which is most often attributed to shoplifting, employee theft and ORC.

Loss Prevention 297

Loss Prevention Shrinkage Returns Payment Services 297

I Vend

MAY 8, 2024

Online sales account for $40 billion and are growing faster than brick and mortar sales. They can provide guidance to customers in the aisle as they browse, upsell to increase basket size, and even take payment so that customers avoid checkout lanes. A loyalty system and tailored promotions encourage this behaviour.

Shrinkage 91

Shrinkage Inventory Management Payment Services Point of Sale 91

Small Biz Trends

JULY 26, 2022

It causes monetary shrinkage to income and manufacturers, along with other businesses for an extended period of time. It is part of an unavoidable part of the business cycle, and it often create s significant havoc among many small businesses when it happens. The payment on the credit card goes to the vendor right away.

Payment Services 111

Payment Services Shrinkage Accounting Management 111

365 Retail

SEPTEMBER 1, 2024

IoT in Retail: Understanding the Ins and Out Fundamentally, the Internet of Things (IoT) is the network of physical objects—devices, cars, appliances, and more—embedded with sensors, software, and other technologies allowing them to connect and transmit data with other devices and systems over the internet.

Payment Services 122

Payment Services Shrinkage Checkout Consumer 122

RETAIL MANAGEMENT SOFTWARE

JANUARY 8, 2025

A Retail Point of Sale (POS) is a technology solution that enables businesses to process transactions, manage sales, and track inventory at the point where customers make purchases. Generate detailed reports on revenue, best-selling products, and peak sales periods. Ensure secure payment processing with PCI compliance.

Payment Services 52

Payment Services Point of Sale Inventory Management Customer Experience 52