365 Retail

MAY 17, 2022

Axerve, Payment Partner to Grow, specialising in creating accessible and frictionless payment solutions for Ecommerce and physical sales, today announces the release of a new white paper, ‘ New technologies and trends in digital payments in 2022 ’. Payment orchestration is a key tool for managing this increased complexity.

Merchant Services 105

Merchant Services Payment Services Customer Experience Checkout 105

Retail TouchPoints

JULY 8, 2022

For shoppers, BNPL is a seamless payment method that helps break up their purchases into several installments, bringing more cash flow and budgeting flexibility. Customers that have a positive point-of-sale financing experience are more likely to repeat purchases from that retail brand if the BNPL option is white-labeled for the retailer.

Merchant Services 240

Merchant Services Payment Services Point of Sale Checkout 240

Retail TouchPoints

MARCH 29, 2023

Pay Later — which will let users split purchases into four payments spread over six weeks with no interest and no fees — is now available for some randomly selected Apple Wallet users in the U.S., Before a payment is due, users also will receive notifications via Wallet and email. and will roll out to all users in the coming months.

Merchant Services 274

Merchant Services Payment Services Checkout Finance 274

Retail Minded

NOVEMBER 8, 2022

Although self-service checkouts were first introduced in 1986 , they are still far from perfect. University of Leicester’s Adrian Beck, a retail finance expert, estimates that moving half or more of transactions to self-service pushes losses 77% higher. Frictionless checkout makes shopping seamless for everyone.”.

Checkout 97

Checkout Payment Services Inventory Management Grocer 97

Inside Retail

JUNE 29, 2022

But the payment method is already truly embedded in the digital economy and is not going anywhere, even if it is regulated. Let’s look at the conditions that were so favourable to this payment method, the inevitable regulations and consumer and media response. BNPL is disrupting credit and driving competition.

Merchant Services 130

Merchant Services Payment Services Finance Consumer 130

Retail TouchPoints

APRIL 27, 2021

The economic fallout from the COVID-19 pandemic accelerated demand for buy now, pay later (BNPL) payment options. Research by The Ascent showed that among people who have used a BNPL service, 45% first did so in 2019, 21% first did so in 2020, and only 7% had used a BNPL service prior to 2015. billion, according to IBISWorld.

Merchant Services 130

Merchant Services Payment Services Consumer Point of Sale 130

Retail TouchPoints

APRIL 1, 2021

consumers have now used a buy now pay later (BNPL) service. . Businesses looking for ways to gain a competitive edge over their competitors have been pushing service advantages into new areas, including alternative payment models. Using BNPL, approved customers can defer payments at checkout — both online and in-store.

Merchant Services 261

Merchant Services Payment Services Telecommunications Checkout 261

Retail TouchPoints

AUGUST 3, 2022

Buy now, pay later is short-term financing that allows people to buy everyday items like home goods, electronics and clothes in low to no interest monthly installments — and receive the goods immediately. And there are a lot of consumers that use it: 56% of Americans have used a BNPL service, up almost 50% in just one year.

Payment Services 237

Payment Services Finance Point of Sale Checkout 237

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. If you sell expensive items and need to offer financing over a longer-term, then you may need a pay-by-finance BNPL plan which involves applying for a credit license. Make sure you allow for this in your planning.

Payment Services 130

Payment Services Checkout Finance Returns 130

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.

Payment Services 247

Payment Services Wholesale Store Layout Inventory Management 247

Inside Retail

MAY 24, 2023

Many retailers have become accustomed to using Buy Now Pay Later (BNPL) services to capture customer spend, with the option being particularly popular among younger Australians who are bearing the brunt of cost of living pressures. Younger Australians are especially at-risk, as they have embraced the service en-masse.

Payment Services 147

Payment Services Consumer Accounting Department Stores 147

Retail TouchPoints

APRIL 15, 2021

Signifyd has received $205 million in Series E growth equity financing that values the company at $1.34 The funding will be used to expand the Signifyd Commerce Protection Platform and identity graph globally across digital shopping and payments.

Merchant Services 183

Merchant Services Payment Services Checkout Finance 183

Retail TouchPoints

MAY 9, 2023

Recent AI advancements have the power to reshape the way the industry operates. Retailers embracing Generative AI can stay ahead of the curve and compete in this ever-changing competitive landscape — enabling them to lead with a customer-first approach while operating with more efficiency. Providing 24/7 customer service.

Payment Services 258

Payment Services Inventory Management Marketing Checkout 258

365 Retail

OCTOBER 11, 2022

A new study from FIS ® (NYSE: FIS), shows how the shopping preferences of younger UK consumers have shifted as adoption of embedded finance services reaches mainstream usage among Millennials and Gen Zs, while their older counterparts are less engaged with newer, digitally-oriented financial experiences.

Merchant Services 98

Merchant Services Payment Services Finance Checkout 98

Retail Times

OCTOBER 18, 2021

Klarna, the leading global retail bank, payments and shopping service, today announces a package of changes to expand and strengthen it’s UK offering to give consumers more choice, clarity and control over how they pay.

Payment Services 52

Payment Services Checkout Finance Consumer 52

A1 Retail

JANUARY 26, 2022

Klarna, a global banking, payments and shopping service, announces the launch of Klarna Card in the UK, empowering consumers with greater control, transparency and choice over how they pay. Fast and easy payments via Apple Pay or Google Pay. Simple, smooth sign-up process. In-store contactless payment.

Payment Services 52

Payment Services Checkout Finance Consumer 52

Inside Retail

OCTOBER 19, 2021

Online shoppers want variety – and they want it for everything, including their payment options. Offering more payment methods has been shown to increase conversion rates on fashion websites, but many retailers are wary of accepting alternative payment methods as they come with new vulnerabilities and fraud challenges.

Merchant Services 147

Merchant Services Fashion Payment Services Checkout 147

Independent Retailer

AUGUST 3, 2022

This flexible payment solution also doubles up as a highly effective marketing tool for you as a retailer to build your brand equity. This flexible payment solution also doubles up as a highly effective marketing tool for you as a retailer to build your brand equity. Optimize Consumer Approval Rates. Leverage BNPL Programs From Banks.

Merchant Services 71

Merchant Services Payment Services Finance Consumer 71

365 Retail

NOVEMBER 3, 2022

Rising inflation, spiralling prices and higher servicing costs are all combining to pose a challenge to the aftermarket sector. To stem the resulting revenue loss from increased cart abandonment rates and falling consumer demand, retailers should consider and evaluate flexible payment options.”.

Payment Services 52

Payment Services Checkout Finance Accessories 52

Retail TouchPoints

JUNE 7, 2023

As the oldest members of Gen Z move into their mid-20s and the youngest enter their teen years, personal finance concerns are high on their list of worries. Gen Z wants curation of services, retail stores and food and beverage experiences, since they often spend more on dining than shopping,” said Cegielski. “If

Discount Store 260

Discount Store Shopping ATS Payment Services 260

A1 Retail

SEPTEMBER 27, 2023

Mollie reveals that economically ‘concerned’ consumers are relying more on social media, BNPL, and discounts when shopping online but expect to spend more in the next year Mollie , one of the fastest growing financial service providers in Europe, today unveiled findings from its second annual European Ecommerce Report.

Merchant Services 59

Merchant Services Consumer Payment Services Checkout 59

Storis

JANUARY 22, 2024

Retailers are also offering services within their spaces. Buy with Prime” enables Shopify merchants to use Amazon’s payment and fulfillment services. Mobile POS eliminates these friction points while expediting checkout anywhere in a showroom. Take Amazon and Shopify.

Home Furnishings 52

Home Furnishings Payment Services Merchant Services Fulfillment 52

Retail Next

DECEMBER 19, 2019

Just a few decades ago a POS (point of sale) terminal was nothing more than a cash register where you’d come and pay for goods or services you just acquired in a certain store. This way the checkout process is much faster, while the rest of your stock is also easily accessible via a search query. Multiple payment methods.

Payment Services 64

Payment Services Checkout Accounting Point of Sale 64

Small Biz Trends

MAY 3, 2022

A blockchain is simply a decentralized ledger of all cryptocurrency transactions across a peer-to-peer network through which cryptocurrency holders can buy and sell goods and services, transfer funds, buy digital items such as NFTS, donate to charities, and more. For the services rendered brokers charge users premiums for using the platform.

Payment Services 105

Payment Services Accounting Checkout Marketing 105

Retail TouchPoints

OCTOBER 9, 2020

The home furnishing and accent retailer, which operates 20 showrooms and 13 Ashley Home Store showroom licenses in Florida, partnered with cloud commerce provider Kibo , which offered a flexible ecommerce technology that would allow CITY Furniture to develop and support highly customized customer journeys and a fluid shopping-cart experience.

Home Furnishings 233

Home Furnishings Payment Services Promotions Accounting 233

Retail TouchPoints

OCTOBER 9, 2020

The home furnishing and accent retailer, which operates 20 showrooms and 13 Ashley Home Store showroom licenses in Florida, partnered with cloud commerce provider Kibo , which offered a flexible ecommerce technology that would allow CITY Furniture to develop and support highly customized customer journeys and a fluid shopping-cart experience.

Home Furnishings 132

Home Furnishings Payment Services Promotions Accounting 132

Inside Retail

FEBRUARY 8, 2022

That was my least favourite of all the options, as the assembly process was a nightmare and the quality always made me feel like I was in a temporary home. IR: Tell me about the furniture design process and your partners, like West Elm. How does the production and design process work?

Payment Services 130

Payment Services Fashion Returns Customer Experience 130

Retail TouchPoints

OCTOBER 11, 2023

And thanks to a seamless payment experience powered by SplitIt , GSN is creating inspiring content about its fine jewelry and is then translating it into bottom-line results. “If Since launching the partnership in 2021, GSN has processed about 9,000 transactions using SplitIt, totaling more than $30 million in sales.

Jewelry 241

Jewelry Payment Services Consumer Shopping 241

Small Biz Trends

JUNE 19, 2022

The TikToker Preston Seo, a personal finance influencer with more than 2.1 Peer-To-Peer Payments. platforms and Web3, giving creators a way to escape from the proprietary payment systems they were previously compelled to use, and receive tips from their fans in cryptocurrency. The company acts as a bridge between Web 2.0

Payment Services 98

Payment Services Promotions Checkout Finance 98

VMS

NOVEMBER 30, 2022

In California, Amazon-owned Whole Foods stores launched palm-scanning technology at checkout. The palm images, after being entered in a kiosk at the 65 locations, link shoppers’ palms to payment cards. In September, still struggling to find the key to survival, the retailer announced more than $500 million in new financing.

Visual Merchandising 85

Visual Merchandising Drop-Shipping Loss Prevention Shipping 85

Retail TouchPoints

AUGUST 4, 2023

This, combined with workforce shortages, has caused airports to move more toward automation, with self-service check-in kiosks, baggage drops and mini stores. Consumers are also becoming more exposed to self-checkout options, and they are in turn becoming more normalized and natural.

Payment Services 225

Payment Services Kiosk Marketing Shrinkage 225

Retail TouchPoints

OCTOBER 15, 2020

Mobile devices have become powerful payment instruments, on the way to replacing traditional cards for in-store purchases in many markets around the globe. Then the shuttering of many stores made online shopping a necessity, while social distancing measures turned contactless payments from a convenient option to a safer alternative.

Payment Services 131

Payment Services Planning Accounting Loss Prevention 131

Store Growers

MAY 29, 2023

The prices displayed in your product listings and ads are calculated using the exchange rates provided by Google Finance. You can learn more about the exchange rates on Google Finance. In addition, you’ll have to constantly keep your shipping settings up-to-date so they can adjust to the shipping rules of the countries.

Merchant Services 36

Merchant Services Shipping Accounting Finance 36

Small Biz Trends

APRIL 15, 2021

Besides having a brick-and-mortar shop, going online to offer your products and services comes with lots of opportunities for your business. An eCommerce platform is a software application that helps businesses sell products and services online. This means users don’t have to buy web hosting or install software anywhere.

Merchant Services 122

Merchant Services Payment Services Drop-Shipping Shipping 122

Retail TouchPoints

AUGUST 18, 2022

Most buy now, pay later offers are interest- and fee-free, unless customers miss a payment. consumers say they have used a buy now, pay later service, according to a recent study from The Ascent, a Motley Fool service. with late payments, fees, etc.]. In fact, 50% of U.S The Appeal of BNPL: Layaway Without the Stigma.

Merchant Services 255

Merchant Services Payment Services Consumer Point of Sale 255

Inside Retail

JUNE 15, 2022

For example, B2B buyers often prefer to pay by invoice over debit and credit cards, as it is a more beneficial payment method when making large or repeat purchases. Retailers also can find such B2B buyer expectations difficult to accommodate in their back-end accounts receivable operations. .

Payment Services 130

Payment Services Checkout Accounting Finance 130

Retail Geek

NOVEMBER 29, 2023

3:26] And of particular note, and I know we’ll talk about this more, they’ve seen a significant uptick in use of Buy Now, Pay Later services, and they’ve seen deeper discounting than we saw last year. So they’re stretching out payments.

Merchant Services 69

Merchant Services Payment Services Consumer Shopping 69