article thumbnail

‘Cash or Card?’: Why More Financing Choices Drive Consumers’ Decisions on Which Retailers to Shop

Retail TouchPoints

The customer experience is paramount to the success of today’s retailers. This includes enhancing in-store inventory, delivery services and even the personalization of customer service. However, when it’s time to check out, how do payment options factor into that customer experience?

Finance 266
article thumbnail

Digital Revolving Credit: A Potentially More Responsible Financing Option than BNPL

Retail TouchPoints

Digital revolving credit is an ecommerce financing option that allows users to instantly open a revolving line of credit in the shopping cart that can be used and reused repeatedly over a lifetime. This is in comparison to BNPL’s payment option, which finances individual purchases with separate fixed-term installment loans.

Finance 242
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The D2 Summit: Where Finance and Tech Leaders Can Tackle Web 3.0

Retail TouchPoints

While many have seen the words “Web 3.0,” “blockchain” and even NFTs in the headlines, there is still more to learn about these topics and the overall decentralized finance (DeFi) space. The agenda is designed to hit on all the core issues surrounding this space, from cybersecurity to finance and customer experience.

Finance 264
article thumbnail

Embedded Finance: Making Payments Possible in New Frontiers

Retail TouchPoints

In fact, embedded finance will be a $777 billion opportunity by 2029. In doing so, businesses as diverse as consumer goods suppliers, transport operators, healthcare providers and entertainment companies can layer payment services into their processes, attract new customers with seamless payment journeys and generate additional revenues.

article thumbnail

How finserv companies boost digital customer experiences

Mulesoft

Consumers are accustomed to managing their finances online. In fact, results from a new Salesforce survey of more than 2,000 consumers show that financial services customers increasingly prefer digital experiences. The post How finserv companies boost digital customer experiences first appeared on MuleSoft Blog.

article thumbnail

Revealed: How retailers can satisfy consumers facing cost-of-living challenges

Inside Retail

This year, while consumers are still struggling to adapt to higher prices for staple goods and services, they are still spending on discretionary items creating a retail market where brands compete fiercely for their share of the consumer’s paycheque. Free delivery was nominated by 40 per cent.

Consumer 130
article thumbnail

How digital payments can help businesses lead in customer experience

Inside Retail

As Australians adopt the latest digital payment methods, the future of frictionless, automated transactions will offer a completely new customer experience. Consumers, too, preferred to use contactless payments or to shop online. Commonwealth Bank of Australia ABN 48 123 123 124. AFSL and Australian Credit Licence 234945.