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. and Canada.

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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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Retail TouchPoints

MARCH 17, 2021

Online payment processing company Stripe has raised $600 million in Series H funding, nearly tripling its valuation in under a year to $95 billion , according to data from Pitchbook. The company reports that enterprise revenue is now its largest and fastest-growing segment, having more than doubled year over year. “In

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Retail TouchPoints

AUGUST 18, 2022

Also known as pay-over-time or pay-in-4 installment plans, BNPL offers consumers the chance to split up the cost of major purchases directly at the point of sale. Most buy now, pay later offers are interest- and fee-free, unless customers miss a payment. The Appeal of BNPL: Layaway Without the Stigma.

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Retail TouchPoints

NOVEMBER 4, 2020

Further, making purchases online has become even easier with the emergence of point-of-sale (POS) lending, which allows consumers to split the cost of purchases into regular installments — even for a purchase as small as a $75 sweater. Because of this ease, merchants have begun relying on POS financing to drive sales growth.

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Retail TouchPoints

DECEMBER 20, 2023

Indeed, until recently most BNPL offerings were relegated to the digital realm, but stores are widely seen as the next big area of expansion for this increasingly popular financing option. Customers also can access Affirm BNPL financing at Walmart Vision and Auto Centers. year over year.

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Retail TouchPoints

JULY 2, 2024

That has begun to change now, and among the swath of new platforms aiming to serve this sector, Faire has emerged as a front-runner. Since its launch in 2017, the platform has raised more than $1.29 At the time Faire was running a deal to promote its expansion into Europe , where the platform would cover import taxes. “I

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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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Retail TouchPoints

APRIL 27, 2021

The economic fallout from the COVID-19 pandemic accelerated demand for buy now, pay later (BNPL) payment options. 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% over the five years through 2024-25, to $1.1 A survey by cardify.ai

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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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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. 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.

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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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Storis

MAY 31, 2024

Retail store credit cards are a strategic opportunity for executives aiming to boost revenue streams and cut expenses. Branded credit cards enhance customer loyalty by offering promotional financing incentives to customers as a competitive differentiator. What are the benefits of store credit cards to retailers and their consumers?

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Retail Assist

FEBRUARY 27, 2025

Your PC or point-of-sale terminal will no longer receive updates that keep it secure and running smoothly. Windows 10 End-of-Life Impact on Businesses Businesses rely on seamless integration across their systems to maintain efficiency and productivity. Compliance gaps : Businesses handling payment data (e.g.,

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I Vend

AUGUST 12, 2024

IT systems are essential in any modern retail operation and the two key platforms are point of sale (POS) and Enterprise Resource Planning (ERP). These two platforms each play a different, but equally crucial, role. iVend’s POS platform iVend’s POS platform has integrations to all major ERPs.

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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. Therefore, it’s of utmost importance for any self-respecting business to provide all the elements of positive user experience. Standard Tax.

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365 Retail

JUNE 5, 2024

Advanced inventory management software integrates with point-of-sale systems, monitoring every sale and tracking stock levels. Streamlining Checkout and Payments Long checkout lines are a great way to frustrate customers and lose sales. Contactless payments and mobile checkout solutions eliminate this pain point.

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365 Retail

SEPTEMBER 16, 2024

One effective method is to tighten customer payment terms while negotiating extended terms with suppliers. Offering incentives for early payments or discounts can encourage faster cash flow from customers. One effective approach is to negotiate favourable payment terms with suppliers.

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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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Storis

JANUARY 22, 2024

To accelerate, “the architectural makeup of retail systems must work in harmony across all platforms to accommodate customers. Buy with Prime” enables Shopify merchants to use Amazon’s payment and fulfillment services. The modular design of many LMS platforms can share product training materials from manufacturers. trillion.

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Storis

APRIL 12, 2024

Talk to a Sales Professional What is Customer Lifetime Value? Customer Lifetime Value (CLV) refers to the net revenue earned throughout a relationship with a customer, encompassing all their purchases over time. Some retailers prefer a one-time enrollment fee, while others seek the reoccurring revenue from annual subscriptions.

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Storis

APRIL 18, 2024

Talk to a Sales Professional What is Customer Lifetime Value? Customer Lifetime Value (CLV) refers to the net revenue earned throughout a relationship with a customer, encompassing all their purchases over time. Some retailers prefer a one-time enrollment fee, while others seek the reoccurring revenue from annual subscriptions.

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Storis

APRIL 12, 2024

Customer Lifetime Value (CLV) refers to the net revenue earned throughout a relationship with a customer, encompassing all their purchases over time. CLV serves as a crucial metric for businesses to assess the long-term profitability of their customer base and tailor marketing strategies accordingly. What is Customer Lifetime Value?

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Inside Retail

APRIL 10, 2022

Luxury streetwear label Off-White is the latest fashion brand to offer its customers payment with cryptocurrencies at its three flagship stores in Paris, Milan and London. Transactions are managed through a sophisticated digital payment system by Berlin-based technology company Lunu. The next web.

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