Retail TouchPoints

JULY 8, 2022

The good news is that since its global popularization in 2020, Buy Now Pay Later (BNPL) has become a real game-changer for merchants looking to boost their business. For shoppers, BNPL is a seamless payment method that helps break up their purchases into several installments, bringing more cash flow and budgeting flexibility.

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Merchant Services Payment Services Point of Sale Checkout 277

Retail TouchPoints

OCTOBER 11, 2023

Gem Shopping Network (GSN ) has carved a unique space in the shoppable media market: Its primary business is still conducted via linear television, akin to the Home Shopping Network and QVC, but it also is growing significantly through connected TV (CTV) and streaming platforms like Apple TV, Roku and YouTube.

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Jewelry Payment Services Consumer Shopping 264

Retail TouchPoints

OCTOBER 9, 2020

To take its online presence to the next level and meet shoppers’ needs in the virtual world, CITY Furniture overhauled its ecommerce approach by building its own headless platform, designed to integrate with modular partner solutions as needed. All of this made us want to move away from the traditional, monolithic platform approach.”.

Home Furnishings 264

Home Furnishings Payment Services Promotions Accounting 264

Retail TouchPoints

APRIL 1, 2021

Businesses looking for ways to gain a competitive edge over their competitors have been pushing service advantages into new areas, including alternative payment models. Enter “buy now, pay later,” whose appeal is growing customer bases and revenue channels. That’s right — no more chasing after late payments.

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Merchant Services Payment Services Telecommunications Checkout 278

Retail TouchPoints

OCTOBER 7, 2020

At the beginning of 2020, Hudson kicked off its deployment of the Flooid platform to provide a new backbone for all transactions across its 1,010 travel convenience stores and specialty retail, which includes proprietary book and tech stores, duty-free shops and food and beverage concessions. Vending Machines Expand Sales Opportunities. “We

Payment Services 214

Payment Services Point of Sale Specialty Retailers Customer Experience 214

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.

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Merchant Services Payment Services Checkout Finance 200

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.

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Merchant Services Payment Services Finance Consumer 130

Inside Retail

JUNE 15, 2022

trillion in 2020 and is predicted to create revenue of roughly $18.57 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. A good payments partner should finance the trade credit you offer B2B buyers.

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Payment Services Checkout Accounting Finance 130

Retail TouchPoints

OCTOBER 9, 2020

To take its online presence to the next level and meet shoppers’ needs in the virtual world, CITY Furniture overhauled its ecommerce approach by building its own headless platform, designed to integrate with modular partner solutions as needed. All of this made us want to move away from the traditional, monolithic platform approach.”.

Home Furnishings 162

Home Furnishings Payment Services Promotions Accounting 162

Retail TouchPoints

AUGUST 18, 2022

Most buy now, pay later offers are interest- and fee-free, unless customers miss a payment. Pressure also is increasing on BNPL providers from both the regulatory and financial sides of the business. A 2021 survey from The Strawhecker Group found that 55% of surveyed BNPL users spend more than they would with other payment methods. .

Merchant Services 278

Merchant Services Payment Services Consumer Point of Sale 278

Retail TouchPoints

AUGUST 14, 2023

However, as more retailers look to embrace the benefits of embedding digital solutions into their physical stores, it is becoming clear that developing internal processes and infrastructure for the deployment of new technologies will determine which companies thrive in today’s rapidly changing retail environment.

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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.

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Merchant Services Payment Services Finance Checkout 98

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.

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Merchant Services Payment Services Drop-Shipping Shipping 122

Retail Focus

SEPTEMBER 5, 2024

For instance, in eCommerce, AI-powered tools can analyse online shelf performance, tracking competitors and identifying opportunities. “In physical stores, Computer Vision is transforming operations and providing new revenue streams. Currently, FreedomPay offers a comprehensive Business Intelligence (BI) engine as part of its platform.

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Payment Services Checkout Inventory Management Store Layout 162

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 ’. billion in fees, labour, and lost business in 2020.

Merchant Services 105

Merchant Services Payment Services Customer Experience Management 105

Retail TouchPoints

SEPTEMBER 20, 2022

Ecommerce and Payments. Avoid the Holiday Blues with a Nimble Ad Solution: Connected TV , in which MNTN will provide tips for using Connected TV (CTV) as a flexible solution that can help retailers adjust their marketing strategy throughout the season.

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Payment Services Customer Experience Checkout Finance 274

Inside Retail

OCTOBER 19, 2021

As global apparel revenues plummeted almost 20 per cent in 2020, e-commerce has emerged as the silver lining of the fashion industry’s challenging year. A sudden influx of new customers can mean a bump in revenue – or a wave of fraud or policy abuse.

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Merchant Services Fashion Payment Services Checkout 147

Retail TouchPoints

FEBRUARY 27, 2024

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. A cyberattack that compromises customer personal information can diminish the trust consumers place in a brand.

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Payment Services Wholesale Store Layout Inventory Management 278

365 Retail

OCTOBER 6, 2023

New research from Checkout Finance provider, Divido , has found that over a third (35%) of Christmas shoppers plan to make most of their purchases between now and Black Friday weekend. Brands like Amazon are already doing this, by recently introducing a second Prime Day for a last-minute boost in revenue.

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Retail TouchPoints

MAY 9, 2023

retailers plan to use technology and automation for their critical behind-the-scenes work, like inventory, orders, payroll and invoicing — as well as for more customer-focused needs like communications, marketing, loyalty and checkout. Square’s Future of Commerce report noted that 91% of U.S.

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Payment Services Inventory Management Marketing Checkout 289

Hunton Andrews Kurth

JANUARY 20, 2022

“Buy now, pay later” (“BNPL”) companies have exploded in popularity over the past year, largely through integration into retailers’ online checkout platforms. There are, however, fees for missed payments, late payments, or payments rejected for insufficient funds. Yet, regulatory pressure is not all.

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Retail TouchPoints

APRIL 27, 2021

The economic fallout from the COVID-19 pandemic accelerated demand for buy now, pay later (BNPL) payment options. As the popularity of BNPL increases, it is important for consumers and merchants to weigh the benefits and the drawbacks of using/offering these payment options. over the five years through 2024-25, to $1.1

Merchant Services 130

Merchant Services Payment Services Consumer Point of Sale 130

I Vend

APRIL 2, 2025

You know that its more than simply a point of sale, and that it offers a comprehensive platform for managing the entire retail operation. You may be exploring how you could use retail management software in your business, to help you to operate more efficiently, increase customer satisfaction, stay competitive, and improve profitability.

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Management Payment Services Inventory Management Point of Sale 52

Small Biz Trends

JUNE 19, 2022

While today’s social media sites are the ones that have given rise to a new generation of influencers, they’re also heavily criticized for leeching off many of the contemporary artists that use their platforms. million in revenue the previous year. The TikToker Preston Seo, a personal finance influencer with more than 2.1

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Payment Services Promotions Checkout Finance 98

Inside Retail

MAY 24, 2023

Will the popularity of these services remain strong, or will there be a drop off in the number of retailers offering the payment option? Bowden also noted that 160,000 businesses offer BNPL – which see an average transaction of $136 – and that 82 per cent of retailers believe their customers expect BNPL to be offered at checkout.

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Payment Services Consumer Accounting Department Stores 147

A1 Retail

OCTOBER 9, 2023

New research from Checkout Finance provider, Divido , has found that over a third (35 percent) of Christmas shoppers plan to make most of their purchases between now and Black Friday weekend. Brands like Amazon are already doing this, by recently introducing a second Prime Day for a last-minute boost in revenue.

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Storis

SEPTEMBER 20, 2024

This can translate to a significant loss of revenue. To combat shopping cart abandonment on furniture and appliance eCommerce websites, here are actionable strategies you can implement to grow online revenue. Offering a Guest Checkout option allows new customers to complete a purchase without the hassle of signing up.

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Payment Services Checkout Shopping Shipping 52

365 Retail

NOVEMBER 3, 2022

With a recent McKinsey report forecasting stagnating revenue growth across European Auto aftermarkets of around 1.5% annual growth until 2030, retailers and distributors must adapt their businesses to better support their consumers’ needs. This is according to Deko , the multi-lender Buy Now Pay Later (BNPL) platform.

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Payment Services Checkout Finance Accessories 52

I Love Fashion

JULY 7, 2024

Fashion Digital Marketing Agency Forrester Research showed that digital shopping cart abandonment loses revenue of almost $18 billion annually. Lack of multiple payment options. Complex checkout process. It is mentioned that $260 billion is recoverable by solving checkout usability issues. Slow delivery time.

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Payment Services Shopping Checkout Inventory Management 52

Small Biz Trends

MAY 3, 2022

There are quite a number of cryptocurrencies to choose from which can be traded through some of the best crypto exchanges, payment services, or crypto brokers. For the services rendered brokers charge users premiums for using the platform. For additional insight check out our article on how to accept crypto payments. Binance.US.

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Payment Services Accounting Checkout Marketing 105

A1 Retail

SEPTEMBER 27, 2023

YouTube (47%) is the most favoured platform followed by Facebook (43%) and Instagram (40%). In Germany, that number is even higher at 49% as German ecommerce consumers generally use other financing options, such as purchase on account. Buy Now, Pay Later (BNPL) is being used more now than in the last 12 months by 56% of consumers.

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Merchant Services Consumer Payment Services Checkout 59

Retail Gazette

FEBRUARY 13, 2025

Frasers CFO Chris Wootton told Retail Gazette in December that the groups growth in the UK is really going to be predicated on Frasers Plus its flexible payment offer this year, as it nears the end of its store expansion plans for its various brands. on the year before.

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Payment Services Accounting Consumer Department Stores 62

365 Retail

JUNE 5, 2024

This will require you to spend some money to improve the customer experience in your store, so consider checking out Credibly’s financing solutions or other lenders to ensure your plans are well-funded. Streamlining Checkout and Payments Long checkout lines are a great way to frustrate customers and lose sales.

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Payment Services Inventory Management Checkout Inventory Turnover 52

Retail Next

DECEMBER 19, 2019

As the times changed and our manner of doing business evolved, so have the POS systems developed into more sophisticated and feature-rich software and hardware solutions. In the retail industry, the ability to provide a seamless and customer-oriented purchasing experience is tightly connected with the scale of the business revenue.

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Payment Services Checkout Accounting Point of Sale 64

RETAIL MANAGEMENT SOFTWARE

AUGUST 5, 2024

Furniture Retail Store POS : Integrated Payment Processing : Streamline the checkout process with support for various payment methods, including credit/debit cards, mobile payments, and digital wallets. Invoicing and Billing : Streamline invoicing and billing processes to ensure accurate and timely payments.

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Payment Services Inventory Management Inventory Turnover Fulfillment 52

Storis

JANUARY 22, 2024

To accelerate, “the architectural makeup of retail systems must work in harmony across all platforms to accommodate customers. To accelerate, “the architectural makeup of retail systems must work in harmony across all platforms to accommodate customers. So, buckle up, home furnishings retailers; we’re ready to accelerate.

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Home Furnishings Payment Services Merchant Services Fulfillment 52

Storis

JUNE 5, 2022

Sales Person Recognition: To encourage your website as a channel to close business, your sales professionals need to be on board. By enabling optional Sales Person Recognition at checkout, your sales staff will be confident in using your website as a resource to close more business.

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Home Furnishings Payment Services Checkout Accounting 52