Unlimint’s ingenuity with cross-border payments

Inside Retail

Aided by mass digitalisation, businesses are increasingly revamping their processes by adopting globalised digital tools, especially cross-border payments. At Unlimint, we take a multidirectional approach to cross-border payments. Payments Sponsored content Technology Unlimint

Woolworths to accept QR code payments

Inside Retail

The new feature allows shoppers to seamlessly pay and update their Everyday Rewards points using a QR code, eliminating the need for processes at the end of a transaction. The post Woolworths to accept QR code payments appeared first on Inside Retail.

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A Self-Service Cannabis Kiosk That Offers Digital Payment Processing

Frank Mayer

teams with Alt36 on a market-ready self-service kiosk that offers a compliant digital payment solution for the cannabis sector. GRAFTON, WI – Alt36, a digital payments provider for the cannabis industry, has partnered with kiosk designer and manufacturer Frank Mayer and Associates, Inc.

Amazon to Begin Accepting Venmo Payments

Retail TouchPoints

Amazon will begin offering Venmo as a payment option on its website and app, rolling it out to select customers immediately and available to all U.S. Digital Commerce E-commerce Experience Payments Amazon digital payments digital wallets payment integrations PayPal venmo

Australia to regulate crypto and BNPL in payments overhaul

Inside Retail

Australia will create a licencing framework for cryptocurrency exchanges and consider launching a retail central bank digital currency as part of the biggest overhaul of its payments industry in a quarter of a century. “Australia must retain its sovereignty over our payment system.”

Hybrid Cloud Operations in the New Era of Digital Payment Applications

Cisco CSR

This is the third blog in a series on financial services where I investigate a few challenges of managing hybrid cloud operations in the payment application development arena. The evolution of electronic payment technology. Hybrid Cloud Operating Model as the Solution.

Coles doubles down on payments with launch of Flypay for grocery

Inside Retail

A year on from the introduction of payment platform Flypay to Coles Liquor websites, including Liquorland, Vintage Cellars and First Choice Liquor, the digital wallet has now been expanded to grocery shoppers through Coles Online. Coles isn’t the only retailer investing in payments technology.

Woolworths launching stand-alone payments platform, Wpay

Inside Retail

Woolworths is launching its own stand-alone payments platform, Wpay, which will power payments inside and outside its group of businesses, and further extends the group into the retail ecosystem in Australia.

Cisco SD-WAN achieves PCI-DSS compliance

Cisco CSR

Attestation of Compliance (AOC) as a Level 1 Service Provider. As more consumers get accustomed to online shopping, retailers will need to continuously enhance the customer experience, improve operations, and battle the ongoing threat.

Zalora to optimise global payments with BridgerPay

Inside Retail

Southeast Asia’s leading online fashion and lifestyle retailer offers customers a world of payment options and a seamless shopping experience. Together, we will fulfil our mutual goal of making online payments a frictionless and seamless experience for customers through our easy integration.

How small business owners can love payment solutions

Inside Retail

Terminals and payment solutions are key for every small business, but with complex costings and connectivity issues, can you really love them? But what about payment solutions? Is it really possible to love payment solutions?

BNPL and the growth of digital payments in Apac

Inside Retail

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.

Exclusive Q&A: Venmo GM on the Company’s ‘Natural Extensions’ into Business Payments

Retail TouchPoints

That inherent distaste for the transaction phase is one reason payment companies are so eager to expand into other parts of the shopper journey. What that enables people to do is accept payments for goods and services and then also grow and market their business on the Venmo platform.

Apple ‘Tap to Pay’ Expands Retailers’ Contactless Payment Options

Retail TouchPoints

retailers will be able to accept contactless customer payments on their Apple iPhones via its new Tap to Pay functionality. Stripe will be the first payment platform to offer the service to business customers, including the Shopify Point of Sale app this spring.

Are Contactless Payments The “New Normal” For The Retail Industry?

Retail Focus

At the beginning of the pandemic, massive shifts and changes were needed for a multitude of industries and the way they operate. One of the industries that saw extensive change was the retail industry, especially when it came to finding solutions for safe and reliable methods of payment. .

OnBuy selects Nuvei for digital marketplace payments

365 Retail

Nuvei Corporation the Canadian fintech company, announces today it has been selected by UK marketplace OnBuy as its payment partner to help the business execute on its growth initiatives in and beyond the UK. Financial News Payments Technology Nuvei Corporation OnBuy.com

What alternative payment methods should you offer? A five-step checklist

Inside Retail

Alternative Payment Methods (APMs) are gaining popularity with customers. In Europe, 80 per cent of consumers expect to have the option to pay with a payment method other than cards. In the Middle East (MENA), digital wallets are expected to soon be the preferred mode of payment.

4 Tips to Help Retailers Meet PCI DSS Compliance

Retail TouchPoints

Among the many obstacles that retailers now face, data compliance and security continue to be a major challenge, especially given the high volumes of personally identifiable information (PII) and payment card information (PCI) that retailers process on a daily basis.

Crypto Payments Adoption in FinTech: How Do Retailers Fit in?

Retail TouchPoints

No matter how fast the modern payment ecosystem is developing, the pursuit of the best customer experience isn’t going anywhere. For retailers, the revolutionary payments shift towards cryptocurrency will certainly come with challenges, but it may all be worth it.

Why Retailers Need Cloud-Native Payment Orchestration: 5 Tips to Flexible, Scalable, Customized Payment Infrastructure

Retail TouchPoints

Why is payment orchestration suddenly getting so much attention? Payment orchestration is no longer optional. Surprisingly, how retailers manage and handle payments has not changed; it’s decisively stuck 20 years in the past. A No-Win Payments Scenario.

Global Payments Provider Secures $30 Million in New Funding

Retail TouchPoints

Reach , a combined payments, tax and fraud platform designed to improve handling of cross-border commerce transactions, has received $30 million in its latest funding round. The Reach solution powers transactions in 120 local currencies and local processing in more than 40 markets.

American Dream Misses $8.8 Million Loan Payment

Retail TouchPoints

New Jersey mall and entertainment complex American Dream has failed to make an interest payment on municipal loans sold to help finance the $5 billion venture. The missed payment was for $8.8 Payment on the $287 million debt was due Aug.

The customer is in control: Here’s the new payment and checkout experience

Inside Retail

People flock to shopping centres and it is not just to procure goods and services; it is also about the experiential enjoyment, the social element and the ability to make more informed purchasing decisions.”. Offering choices: Self-service vs assisted service, cash vs non-cash payments.

Apple to Expand Further into Payment Services with Built-in BNPL Option

Retail TouchPoints

The service, called Apple Pay Later , will let users split any Apple Pay purchase into four equal payments, spread over six weeks, with zero interest and no fees. Digital Commerce E-commerce Experience Payments apple Apple Pay Later Apple Wallet bnpl buy now, pay later

Eftpos to launch QR-code payments: What does it mean for retailers?

Inside Retail

The eQR payments platform is being rolled out in partnership with Commonwealth Bank and NAB, as well as with fintechs Azupay , Beem It and Merchant Warrior. What do QR-code payments mean for SMEs? When it comes to payments services, the hardest part is the implementation.

Foot Locker to Offer New Payment Options In-Store

Retail TouchPoints

The specialty athletic retailer has partnered with FreedomPay to deploy its Next Level Commerce platform across its domestic store network, giving customers the option to pay via contactless payment methods and digital wallets including PayPal/Venmo.

Why it’s a good idea to offer payment plans to your business customers

Inside Retail

Payment flexibility has been commonplace in B2C transactions for many years, and now, emerging payment technology is making this possible for B2B trade. Why should your business provide payment plans to business customers?

Innovation in Retail Payments

Secure Retail

The Innovation in Retail Payments whitepaper reveals the importance for retailers to embrace new technologies that make shopping experiences safer, quicker and more convenient. A wider range of frictionless payment options look to be the future! The growth of mobile enabled payments.

New Bill Payment Kiosk Solution

Frank Mayer

The kiosk and display company adds the Gateway bill payment kiosk to its lineup of standard self-service kiosk solutions. recently announced the addition of the Gateway kiosk to its line of standard self-service kiosks. The kiosk has robust payment handling capabilities.

Kiosk 67

Removing failed payments could increase this year’s Black Friday weekend sales by up to £200mn for UK online retailers

365 Retail

UK online retail businesses could increase their gross sales by up to £200 million during the 2022 Black Friday weekend (25th – 28th November) if failed payments are avoided, according to the latest analysis by BR-DGE ’s failed payments calculator.

Adyen provides omnichannel payments services to UNIQLO

365 Retail

Adyen, the financial technology platform, has been chosen by Fast Retailing, operator of UNIQLO, to power payments for the brand’s in-store and online checkout in multiple markets. This single platform gives UNIQLO the flexibility to do faster rollouts of omnichannel services.

B2B Payments are Late, Threatening Main Street Businesses

Small Biz Trends

A large number of small business owners say that B2B payments are getting increasingly late, coming in 20 – 30 days after their due date. The late payments are threatening to close many Main Street businesses. B2B Payments are Late, Threatening Main Street Businesses.

Quarterly Tax Liability Payments Due This Week

Small Biz Trends

The Internal Revenue Service (IRS) has announced that the deadline for taxpayers who pay estimated taxes for the second quarter is June 15. Individuals, including sole proprietors, partners, and S corporation shareholders are required to make estimated tax payments.

Starbucks, 7-Eleven Expand Contactless Payment Options

Retail TouchPoints

As COVID-19 has accelerated the trend away from cash payments to mobile and other contactless methods, Starbucks and 7-Eleven have both expanded their mobile payment options. Customer Experience News Briefs Mobile Commerce Loyalty Payments starbucks 7-Eleven starbucks rewards 7NOW app

Ingenico and Inspire Payments partner to ignite payments for UK SMEs

365 Retail

Ingenico a Worldline brand, and Inspire Payments today announce a new partnership, equipping the Verastar Group’s company with Ingenico’s market leading ‘Move’ and ‘Desk’ payment terminals. Insight News Payments Ingenico Inspire Payments

How to design payment architectures with evented APIs

Mulesoft

In the last decade, the nature of payments has changed irrevocably. To thrive in this new payments landscape, financial institutions need to offer more […]. The post How to design payment architectures with evented APIs first appeared on MuleSoft Blog.

Payment Providers Partner to Offer Buy Now, Pay Later Service

Retail TouchPoints

Afterpay and Adyen are working together to offer Afterpay’s buy now, pay later (BNPL) services to retailers. The service is completely free for customers who pay on time. “We The ability to split payments really helps to make higher price point items accessible to our customers.

Ensuring your payment processes are ready for the omnichannel customer

Retail Dive

As retailers look forward to this upswing in purchasing, they must be prepared with the right payment options for the omnichannel customer

Why Payment Solutions Can Support Your Journey To Implementing Managed Services

Cisco CSR

The past months have shown an acceleration in managed services to support the shift from customers’ demand for IT services. But developing and selling one or multiple managed services come with challenges, especially as budget may hold you back.

3 Post-COVID Benefits of Contactless Payments for Retailers (and 3 for Customers)

Retail TouchPoints

Contactless payments skyrocketed in popularity during the COVID-19 pandemic while cash payments plummeted. However, the trend toward touchless payments doesn’t end with easing of transmission fears and the lifting of restrictions. Greater payment flexibility.

EVCP Payment Solution from Secure Retail using the OTI TRIO-IQ

Secure Retail

Secure Retail offers an excellent portfolio that combines technology, reliability and fast, secure, payment for EV charging points in one complete solution. All elements of our service provision have been certified to the latest compliance standards.

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Payments in 2021: What Lies Ahead After the Digital Boom

Retail TouchPoints

It has been a year of momentous change for the payments industry. For instance, cash usage waned even further this year amongst fears around the pandemic, leading to a coin shortage across the country that had many merchants pointing consumers to digital payments if they lack exact change.

What are payment APIs?

Mulesoft

As technology rapidly evolves alongside customer expectations, adopting an API-first approach in payments has become critical. APIs are the building blocks of the next-generation of payments platforms, utilizing the power of Anypoint Platform. The post What are payment APIs?