Retail TouchPoints

OCTOBER 21, 2022

McKinsey calls this embedded finance — when a financial product or solution is placed in a non-financial setting, for example on a social media platform or in a store (private label credit cards are one old-school example). Embedded finance has become big business: McKinsey estimated that the sector reached $20 billion in revenue in the U.S.

Merchant Services 338

Merchant Services Payment Services Checkout Finance 338

Retail TouchPoints

JULY 8, 2022

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. Providing a consistent user experience and financing across retail channels also helps merchants build brand equity. The best part? Bottom Line.

Merchant Services 277

Merchant Services Payment Services Point of Sale Checkout 277

Retail TouchPoints

JANUARY 26, 2024

The seamless nature of digital commerce has inspired consumers to expect more from the payment experience everywhere they shop — online, in-store and even via social channels. Customers today expect to be able to shop where and when they want and use the payment method they want.” more compared to their previous buying levels.

Merchant Services 275

Merchant Services Payment Services Checkout Finance 275

Retail TouchPoints

FEBRUARY 7, 2023

million debt service payment on municipal bonds sold to help finance the venture, due to insufficient funds. The mall, which opened after a years-long delay in October 2019 , struggled (as many retailers and malls did) with COVID-19’s impact on in-person shopping. The American Dream mall and entertainment complex failed to make a Feb.

Payment Services 276

Payment Services Department Stores Checkout Finance 276

Retail TouchPoints

AUGUST 2, 2021

This also gives them a financing option where they can control the parameters of how much to ‘lend’ and who to lend to. BNPL slices the cost of the checkout basket into a few bite-size payments spread over a few months. The deal is a window into how investors see financial services panning out,” Schwartz added.

Merchant Services 317

Merchant Services Payment Services Checkout Finance 317

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 200

Merchant Services Payment Services Checkout Finance 200

Retail TouchPoints

OCTOBER 29, 2021

There was a time when automation in the retail space meant autonomous point-of-sale checkouts, and chatbots were reserved solely for the ecommerce ecosystem. Opportunities were seldom explored across the retail and shopping sphere, primarily due to the lack of a requirement. This helped the ecommerce industry balloon to $3.3

Finance 258

Finance Point of Sale Checkout Shopping 258

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. BNPL financing is relatively easy for retailers to manage. It drives order value. It’s widely available. •

Payment Services 277

Payment Services Finance Point of Sale Checkout 277

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. Retailers often invest a lot of money into curating the perfect deals for these peak sales periods when in fact consumers are shopping before then.

Shopping 116

Shopping Finance Checkout Planning 116

Retail TouchPoints

SEPTEMBER 14, 2021

“Our new service provides customers with one more way to shop with us and addresses the importance of convenience and immediacy. Convenience orders on Instacart are up more than 150% since May 2021, and nearly 20% of shoppers choose Priority Delivery at checkout.

Fulfillment 263

Fulfillment Grocer Checkout Finance 263

Storis

MAY 27, 2025

Customers no longer shop in a linear fashionthey browse online, visit showrooms, expect flexible financing, and demand fast, reliable delivery. The ability to manage inventory with precision, unify omnichannel sales, leverage financing, and optimize supply chains is what separates thriving retailers from struggling ones.

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Retail TouchPoints

APRIL 22, 2025

In addition to the tens of thousands of items resold every year through its shop, Big Reuse also operates composting programs and street tree care projects across New York City, funded in part by profits from the store. Eventually we also want you to be able to do self-checkout with your own phone.

Thrift Store 165

Thrift Store Clienteling Merchant Services Point of Sale 165

Retail TouchPoints

OCTOBER 9, 2020

With the COVID-19 pandemic escalating the adoption of online shopping across all categories, the home goods sector in particular has seen a notable spike in ecommerce. Social shopping also has been a major source of traffic for the brand, and has increased significantly year-over-year.

Home Furnishings 264

Home Furnishings Payment Services Promotions Accounting 264

Retail Minded

NOVEMBER 8, 2022

But they do want a faster, more efficient shopping experience once they’re within those doors. . Although self-service checkouts were first introduced in 1986 , they are still far from perfect. Plus, when implemented the wrong way, they only add friction to the shopping experience. . ShopRite’s Scan and Go app has a dismal 2.2

Checkout 97

Checkout Payment Services Inventory Management Grocer 97

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. Maintaining a cost-efficient marketing toolkit.

Payment Services 289

Payment Services Inventory Management Marketing Checkout 289

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.

Jewelry 264

Jewelry Payment Services Consumer Shopping 264

Retail TouchPoints

SEPTEMBER 20, 2022

In 10 Quick Wins to Boost Holiday Ecommerce Results , Kibo will look at tips for creating a smooth and speedy holiday shopping experience that ensures personalization is up to par.

Payment Services 274

Payment Services Customer Experience Checkout Finance 274

Retail Focus

SEPTEMBER 5, 2024

While artificial intelligence, or AI if you prefer, is not an entirely new concept to retailers, the way it is being used and rolled out in shops and stores, as well as online, is changing at a rapid pace. Building on this, Carson said AI is bolstering security by detecting and preventing fraudulent transactions in real-time.

Payment Services 162

Payment Services Checkout Inventory Management Fulfillment 162

Inside Retail

JUNE 26, 2024

The peak festive shopping season is a crucial time for retailers and e-commerce brands as they look to boost their revenue, grow their customer base, and enhance their brand recognition with consumers. So how do retailers get cut through in what is pegged to be a challenging and competitive shopping season?

Shopping 100

Shopping Inventory Management Customer Experience Consumer 100

Inside Retail

OCTOBER 19, 2021

An eWallet integration can convert a customer with one click, compared to 22 on average for a traditional checkout process – but the increased ease of eWallet checkout comes with an enrollment system that is potentially more vulnerable to fraudsters.

Merchant Services 147

Merchant Services Fashion Payment Services Checkout 147

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 TouchPoints

OCTOBER 9, 2020

With the COVID-19 pandemic escalating the adoption of online shopping across all categories, the home goods sector in particular has seen a notable spike in ecommerce. Social shopping also has been a major source of traffic for the brand, and has increased significantly year-over-year.

Home Furnishings 162

Home Furnishings Payment Services Promotions Accounting 162

Independent Retailer

AUGUST 29, 2022

“Point of sale financing has historically been reserved for large purchases like luxury electronics, but now we are seeing an uptick in consumers using installment plans for smaller purchases across large and small retailers.” BNPL loans allow shoppers to make purchases with deferred or no interest installment loans.

Merchant Services 98

Merchant Services Finance Point of Sale Consumer 98

Retail Gazette

SEPTEMBER 26, 2024

The retailer said it would concentrate its transformation efforts on 850 smaller sites, including petrol stations, smaller supermarkets, and Asda Express convenience stores over the golden quarter, rather than its larger stores where the bulk of its customers shop.

Grocer 105

Grocer Checkout Supermarket Finance 105

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. Further to this, three in 10 (30 percent) 25-34 year olds ranked checkout finance as one of their top three ways to pay this Christmas.

Shopping 59

Shopping Finance Checkout Planning 59

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. Hudson Undertakes Companywide Transformation.

Payment Services 214

Payment Services Point of Sale Specialty Retailers Customer Experience 214

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. Often presented during checkout next to traditional payment methods like credit and debit cards, BNPL companies invite consumers to make purchases over a few payments with zero interest.

Checkout 106

Checkout Finance Consumer Planning 106

I Vend

APRIL 2, 2025

Frictionless checkout – your customers come into your stores, they choose their goods and thenthey have to wait in line to pay, or they cant use the payment method they want. This seamless integration of online and in-store shopping is known as omnichannel and its a part of any strong retail management solution.

Management 52

Management Payment Services Inventory Management Point of Sale 52

365 Retail

APRIL 25, 2025

By implementing effective KYC protocols, businesses can significantly reduce risks and foster a safer shopping environment. With an increase in e-retail shopping, there are frauds and other breaches. Secure KYC identity verification ensures that customers are protected while enjoying an efficient and hassle-free shopping experience.

Accounting 52

Accounting Checkout Finance Advertising 52

Storis

SEPTEMBER 20, 2024

When operating an eCommerce website, a common challenge for retailers is shopping cart abandonment. To combat shopping cart abandonment on furniture and appliance eCommerce websites, here are actionable strategies you can implement to grow online revenue. Financing is also an important driver of eCommerce sales.

Payment Services 52

Payment Services Checkout Shopping Shipping 52

Retail TouchPoints

FEBRUARY 7, 2024

To be clear, we’re not talking about next-gen store tech like autonomous checkout or inventory-light, QR-based store experiences like the now defunct Amazon Style stores and recent Pinterest pop-ups. If the NRF show is any indicator, then that is exactly things are headed in the coming years. PVH x RetailNext and MarketDial PVH Corp.

Point of Sale 287

Point of Sale Promotions Inventory Management Grocer 287

Retail TouchPoints

OCTOBER 15, 2020

Even before the pandemic completely upended the world economy, how consumers shopped had been changing — and mobile devices were at the forefront of that change. 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 147

Payment Services Planning Accounting Loss Prevention 147

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. This article explains every reason behind these issues and guides you to reduce shopping cart abandonment, retailers, inventory management insights, and more. Complex checkout process.

Payment Services 52

Payment Services Shopping Checkout Inventory Management 52

365 Retail

OCTOBER 27, 2022

Q4 can be a busy and fast-paced time so without the right finance management, it’s easy to fall through the retail cracks. You need to recruit high quality staff and partners to ensure they help build a campaign that stands out in the traffic of Q4 shopping and supports the business. 2 – Managing your cash and budgets.

Checkout 98

Checkout Finance Social Commerce Advertising 98

Inside Retail

SEPTEMBER 2, 2021

Rudenko believes customers are looking for three big things when shopping online: “choice, trust and convenience”, and that it’s this quality assurance that builds trust with consumers. The online shopping experience also aims to build trust in the product, with detailed information on each car, over 30 photographs and 360-degree views.

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Checkout Returns Finance Marketing 130

Independent Retailer

AUGUST 17, 2022

Here are a few ways to grow your business without the budget of large enterprises: Find Other Mediums Introduce More Products Explore Partnerships Open New Locations Make a Pop-up Store Improve the Shopping Experience. Before you do so, be sure to determine if you have the finances to double your current expenses. Find Other Mediums.

Finance 98

Finance Location Checkout Shipping 98

Retail TouchPoints

APRIL 27, 2021

Surges in online shopping during the pandemic helped fuel the growth of point-of-sale loans — a market that is forecast to grow at an annualized 9.8% Merchants too should weigh the benefits against the drawbacks of offering installment options at checkout. over the five years through 2024-25, to $1.1 billion, according to IBISWorld.

Merchant Services 130

Merchant Services Payment Services Consumer Point of Sale 130