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.

Merchant Services 274

Merchant Services Payment Services Point of Sale Checkout 274

Inside Retail

APRIL 29, 2023

The acceptance of cash has started to trend upwards again, but payment technology is helping businesses to deliver consistently better experiences, so what does the future hold? And how can businesses be ready for evolving payment technologies? Consumers, too, preferred to use contactless payments or to shop online.

Merchant Services 130

Merchant Services Payment Services Customer Experience Point of Sale 130

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., Source: Apple Users will be able to access, track, manage and repay their Apple Pay Later loans all within the Apple Wallet.

Merchant Services 308

Merchant Services Payment Services Checkout Finance 308

Small Biz Trends

NOVEMBER 4, 2022

Amazon recently launched a new financing solution for small business sellers in the form of a merchant cash advance. It works by tying payment on the cash advance to a portion of the seller’s future sales for a fixed capital fee. Amazon Launches Merchant Cash Advance Program for Small Business Sellers.

Merchant Services 124

Merchant Services Finance Management ATS 124

Inside Retail

MARCH 19, 2024

Shopback’s decision to terminate its buy now pay later (BNPL) service in Malaysia and Singapore has sparked discussions and raised pertinent questions about the future of digital payment solutions in the region. For merchants, it means increasing basket sizes, which makes it a win-win situation for all involved,” he opined.

Merchant Services 130

Merchant Services Payment Services Finance Apparel 130

Small Biz Trends

JULY 19, 2022

If you’re also struggling to stay afloat due to piled-up accounts receivable, you can opt for accounts receivable financing to improve cash flow in your company. What Is Accounts Receivable Financing? Accounts receivable financing should not be confused with invoice factoring. How Does Accounts Receivable Financing Work?

Finance 119

Finance Accounting Merchant Services Payment Services 119

Inside Retail

JULY 13, 2021

PayPal Holdings Inc’s new “buy now, pay later” offering in Australia will not charge late payment fees, the U.S. payments giant said on Wednesday, as it attempts to edge past main industry rival Afterpay in the country. It, however, lets the merchants set their own minimum spend value.

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Merchant Services Payment Services Finance Consumer 246

Inside Retail

MARCH 27, 2023

In February, ShopBack, a shopping, rewards and payments platform, partnered with Sunway Pyramid, a mall in Malaysia, on the ShopFiesta event to reward shoppers with promotions and giveaways. According to Eddy Han, general manager of ShopBack Malaysia, 2023 will be a year of growth for the brand. “We

Merchant Services 130

Merchant Services Payment Services Marketing Spend Finance 130

Retail TouchPoints

MAY 2, 2023

The retailer started closing 250 locations earlier this year, pursuant to its plan to exit Chapter 11 with a much smaller footprint, and began the process of shuttering the remaining locations on May 1. The off-price retailer also obtained a commitment from Invictus Global Management to provide $51.5

Merchant Services 253

Merchant Services Finance Location Planning 253

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 186

Merchant Services Payment Services Checkout Finance 186

Retail Minded

DECEMBER 5, 2022

Therefore, a merchant cash advance is a very practical funding option for many retail businesses. . What Is A Merchant Cash Advance? A merchant cash advance is a flexible business loan for short-term business funding needs. This business funding option allows payment utilizing a sales percentage and a small fee.

Merchant Services 52

Merchant Services Payment Services Operating Expenses Promotions 52

Inside Retail

FEBRUARY 27, 2023

This is broken down to one platform (ChatJD), two industries (retail and finance), and five applications (content generation and information). The ‘Yanxi AI’ platform, which was developed from JD’s early smart customer service chatbot, applies dialogue generation in both customer service and generating marketing content like selling points.

Merchant Services 130

Merchant Services Finance Marketing Consumer 130

Retail TouchPoints

NOVEMBER 16, 2022

It will integrate directly with Square’s solution ecosystem, empowering sellers to organize their finances and manage cash flow from the same platform they use to run their business. Amex also has partnered with musical artist Chlöe Bailey to create a “Shop Small Soundtrack” that TikTok users can add to their content.

Merchant Services 276

Merchant Services Finance Advertising Marketing 276

Small Biz Trends

DECEMBER 6, 2022

A point-of-sale system is one of the best tools for small businesses looking to accept payments. Point-of-sale systems enable business owners to be more agile with their payment processing and forego using the cash drawer. A point of sale (POS) system is used to accept payments, like a cash register. Brilliant POS.

Point of Sale 115

Point of Sale Payment Services Merchant Services Inventory Management 115

Inside Retail

OCTOBER 19, 2021

New customers are a major growth engine for retailers, but many merchants view first-time online shoppers as high-risk due to their unfamiliar behaviour and lack of purchase history. Our data already shows that across the e-commerce landscape, up to 70 per cent of orders that are declined by merchants are made by legitimate customers.

Merchant Services 147

Merchant Services Fashion Payment Services Checkout 147

Inside Retail

APRIL 4, 2022

per cent) are now aware of BNPL services, overtaking traditional online payment platforms like Paypal, Visa and Western Union, according to Roy Morgan’s Digital Payments Report last year. Not only has awareness of BNPL services grown quickly but already over 3.3 Gen Z is treating BNPL like a cash management tool.

Merchant Services 130

Merchant Services Consumer Payment Services Management 130

Inside Retail

SEPTEMBER 14, 2022

Purchasing plans and finance needs were also analysed. As a result, more than any other sector, businesses in construction had plans to introduce more efficient systems and processes and reduce or restructure their costs and debt. Business considerations and how CommBank Asset Finance can help. Business sentiment remains steady.

Merchant Services 130

Merchant Services Finance Management Planning 130

Small Biz Trends

OCTOBER 26, 2022

These are lenders that are not traditional banks or financial institutions that offer alternative lending options like merchant cash advances. The process of repaying a business loan in periodic installments. The installment payment includes principal and interest. Balloon Payment. Borrower’s Monthly Payment.

Merchant Services 114

Merchant Services Payment Services Finance Planning 114

Retail Minded

MARCH 28, 2024

However, the application process for secured loans can be daunting, with lenders imposing stringent requirements. This is where options like a merchant cash advance could come into play. Customer Service: Consider the level of customer service the lender provides. Plan For The Future Securing a loan is just the beginning.

Merchant Services 40

Merchant Services Finance Returns Planning 40

Retail Minded

MAY 17, 2022

Fortunately, various services can help keep your retail establishment afloat in stormy financial waters. One type of service that could be useful to small and mid-sized retailers is credit report services. What Are Credit Report Services? . To understand credit report services, it’s essential to know what it means.

Merchant Services 52

Merchant Services Payment Services Finance Management 52

Retail TouchPoints

AUGUST 19, 2020

The issue for so many of these companies might have been that the move to e-tail from retail meant giving up their own brand and an experience their customers love, and joining up with one of these giants as a nameless, faceless merchant amidst a sea of millions.

Merchant Services 265

Merchant Services Payment Services Finance Consumer 265

Inside Retail

FEBRUARY 6, 2023

On Monday, restructuring firm McGrathNicols announced it was tapped to handle Openpay’s operations, with Barry Kogan, Jonathan Henry, and Rob Smith appointed as joint receivers and managers. Openpay also significantly drew down on its financing facilities over the year: while the company estimated it had 16.5 in the latest report.

Merchant Services 130

Merchant Services Finance Planning Management 130

Retail TouchPoints

JULY 12, 2022

All those products, all those pages, all that content quickly tests the ability of any team to manage well. Everything was managed manually, but at that glacial pace it worked (more or less). As content increasingly moved online, the cracks in this process became ever more obvious. Enter content governance.

Merchant Services 278

Merchant Services Marketing Management Finance 278

Mass Relators

MARCH 31, 2024

In this role, Connolly will assist with all aspects of securities disclosure and compliance, as well as NYSE listing compliance, corporate governance, management of DG’s Board and its committees. Amanda Mathis has joined Dollar General as senior vice president, finance.

Promotions 52

Promotions Merchant Services Planning Beauty and Health 52

Retail TouchPoints

NOVEMBER 4, 2021

The holidays always tend to put a strain on the piggy bank, but a study from personal finance company Credit Karma found that 43% of consumers are feeling more financially stressed this holiday season, and inflation is the leading cause. Even outside of the holiday season, uptake in buy now, pay later (BNPL) services is exploding in the U.S.,

Consumer 264

Consumer Merchant Services Payment Services Drop-Shipping 264

Inside Retail

MARCH 1, 2022

Since rebranding Freedom in 2020, Callard has continued the retailer’s transformation journey and during Retail Week, he shared his insights from the process with Inside Retail Professionals. Callard likened the experience to going to tourist traps with beautiful views but bad customer service and mediocre food. said Callard. “In

Merchant Services 130

Merchant Services Management Finance Accounting 130

Inside Retail

AUGUST 5, 2021

At this stage, our economists expect the total value of goods and services sold in NSW (State Final Demand) to contract by 9 per cent in the September quarter. At the same time, employees who have lost income because they must self-isolate or quarantine can apply for the Federal Government’s Pandemic Leave Disaster Payment.

Merchant Services 147

Merchant Services Payment Services Finance Management 147

Small Biz Trends

APRIL 12, 2023

For any small business owner looking to separate personal liability from their company’s finances, obtaining a business credit card without a personal guarantee can be valuable. The Stripe Corporate Card simplifies expense management, allows custom spend controls, and integrates with finance tracking software. It offers 1.5%

Merchant Services 98

Merchant Services Payment Services Accounting Finance 98

Retail Minded

SEPTEMBER 26, 2023

Whether you’re seeking to scale your operations, manage daily expenses, or optimize inventory during peak seasons, access to timely and adequate funding is crucial. The approval process can be prolonged, often taking weeks or even months. As a result, platforms like Shopify now offer tailored financing solutions.

Finance 52

Finance Merchant Services Beauty and Health Management 52

Retail TouchPoints

AUGUST 10, 2020

Up until recently, it was rare for someone with a supply chain background to be elevated into the C-suite; the “CSCO” role (before it was invented) often fell under Finance, Procurement, Operations or other business functions. Enter the Chief Supply Chain Officer (CSCO). Embracing Technology. A CSCO helps organizations balance these needs.

Merchant Services 161

Merchant Services Customer Experience Returns Fulfillment 161

Retail Minded

APRIL 15, 2021

Should you use only organic products for your salon services? Check And Review Your Credit Card Payment Service Options . Depending on how much your merchant service provider charges for handling credit card sales, accepting credit cards at your business can be a blessing or a curse. Review Your Service Prices .

Merchant Services 52

Merchant Services Payment Services ATS Promotions 52

Retail TouchPoints

DECEMBER 20, 2023

Over three -plus years, I have had the honor of speaking with industry pros who have rich backgrounds in tech, marketing and advertising, operations, finance and so much more. However, retailers’ approaches can vary significantly depending on their goals, product and service offerings, as well as their employees’ behaviors and preferences.

Advertising 262

Advertising Store Operations Merchant Services Wholesale 262

365 Retail

MAY 7, 2021

If services involve remote assistance, e-tailers should evaluate the software they are putting into use. Payment Modes: Today, consumers use multiple payment modes for online shopping. It is not just about recurring payments, but also integrating it at the backend to support them well.

Merchant Services 96

Merchant Services Payment Services Returns Inventory Management 96

365 Retail

SEPTEMBER 14, 2021

Whilst traditionally using cash or plastic cards for payments, the country has embraced more digital forms of payment over the last few years with almost half (46%) of Brits saying they were more willing to pay digitally at the peak of the lockdown in 2020.

Merchant Services 52

Merchant Services Payment Services Shopping Finance 52

A1 Retail

SEPTEMBER 17, 2021

Whilst traditionally using cash or plastic cards for payments, the country has embraced more digital forms of payment over the last few years with almost half (46%) of Brits saying they were more willing to pay digitally at the peak of the lockdown in 2020.

Merchant Services 67

Merchant Services Payment Services Shopping Finance 67

Rangeme

FEBRUARY 14, 2023

Revenue Advance & Revenue-Based Financing This type of funding allows you to repay a fixed monthly amount or a percentage of your sales until the loan is paid in its entirety. Invoice Factoring, PO Financing & Asset-Based Lending These forms of funding are most commonly used at the maturity stage of your business.

Merchant Services 98

Merchant Services Finance Accounting Advertising 98

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. Learning Management Systems for Team Expertise Furniture Today found that 64% of in-store customers were dissatisfied with poorly trained retail teams.

Home Furnishings 52

Home Furnishings Payment Services Merchant Services Fulfillment 52