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% BNPL are essentially layaway plans in reverse.

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Merchant Services Payment Services Consumer Point of Sale 130

Retail TouchPoints

OCTOBER 30, 2024

Self-service kiosks allow shoppers to take charge. Laptops allow hybrid retail workers to provide personalized customer service from remote locations, and new use cases for AI in retail continue to emerge as organizations experiment with the technology to better serve customers and propel business. IT teams today can (and should!)

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Retail TouchPoints

SEPTEMBER 12, 2023

We’ve been able to sell lots and lots and lots of products, to the point that TikTok is quickly becoming one of our larger [points of sale] ,” he shared in an interview with Retail TouchPoints. Digital Service (USDS). The company also reiterated that all TikTok-protected U.S. user data is stored in the U.S.

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Merchant Services Payment Services Shopping Checkout 271

Retail TouchPoints

JULY 30, 2020

Responding to an escalating demand for contactless payment options, CVS Pharmacy will offer PayPal and Venmo QR code technology, enabling customers to check out touch-free in all 8,200 stand-alone CVS Pharmacy locations in the U.S. The program is scheduled to roll out nationwide in Q4.

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Payment Services Location Planning Point of Sale 236

365 Retail

JUNE 5, 2024

Luckily, new technology offers solutions to streamline retail store operations, boost operational efficiency, and provide top-notch service. Advanced inventory management software integrates with point-of-sale systems, monitoring every sale and tracking stock levels. Read on for more insight!

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Payment Services Inventory Management Checkout Inventory Turnover 52

Rain Pros

MARCH 17, 2023

As of June 1, 2023 QuickBooks Desktop will no longer be available for sale. And on October 4, 2023 QuickBooks Point of Sale will end operations. They also suggest that POS users, “…explore other point of sale solutions to determine what works best for your business.”

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Point of Sale Payment Services Specialty Retailers Jewelry 52

Retail Minded

SEPTEMBER 15, 2024

Modern technology and process automation are helping businesses achieve this. Tools like point-of-sale (POS) systems have changed how retailers keep track of sales. Better Customer Service with Technology Technology has greatly improved how retailers serve their customers. This helps keep things running smoothly.

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Payment Services Inventory Management Kiosk Management 52

Frank Mayer

APRIL 21, 2022

Self-service kiosks continue to rise in popularity as a powerful tool benefitting businesses and their customer experience strategies. With this rise in interest comes more inquiries about everything from payment options and ADA compliance to software integration. Should I consider self-service for my business?

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Kiosk Payment Services Outdoor Point of Sale 84

Retail TouchPoints

MARCH 4, 2024

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? Is it Great Service or Great Financing Options? It goes without saying that great service is important.

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Finance Payment Services Consumer Shopping 283

Retail TouchPoints

NOVEMBER 3, 2021

To prove the value of these experiences, Buzek cited results at retailer Sam’s Club , where stores that offered a self-checkout option registered sales 18% higher than those without it. More Dark Kitchens Over the next five years, QSR chain Wendy’s is planning to add 700 kitchens in converted shipping containers to support delivery.

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Payment Services Checkout Fulfillment Kiosk 362

Retail TouchPoints

SEPTEMBER 13, 2024

One retailer has recently come under scrutiny for its automated payment technologies across storefronts, leading experts and consumers to question just how intelligent their smart stores are. And from an enterprise perspective, smart stores have the potential to improve customer loyalty, enhance operations and increase revenue.

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Payment Services Checkout Inventory Management Kiosk 268

Retail TouchPoints

APRIL 3, 2023

Retail operations are an increasingly popular target for cybercriminals. The growth of online shopping, self-checkout systems, point-of-sale transactions and other digital processes has created numerous opportunities for attackers. Better security hygiene and processes can help close the gap. Active Directory (AD).

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Payment Services Accounting Point of Sale Checkout 285

Retail TouchPoints

APRIL 1, 2021

consumers have now used a buy now pay later (BNPL) service. . Businesses looking for ways to gain a competitive edge over their competitors have been pushing service advantages into new areas, including alternative payment models. Using BNPL, approved customers can defer payments at checkout — both online and in-store.

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Merchant Services Payment Services Telecommunications Checkout 274

I Vend

JULY 16, 2024

Also known as ‘phygital’ – this blended approach to digital and physical enables a far broader range of customer interactions and gives retailers the opportunity to streamline operations for maximum retail operational efficiency. So just how is connected retail enhancing retail efficiency?

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Payment Services Thrift Store Point of Sale Inventory Management 52

Retail TouchPoints

AUGUST 3, 2022

Also known as a point-of-sale loan, BNPL splits a purchase into multiple equal payments, with the first payment usually due at checkout and subsequent payments billed to a credit or debit card. And there are a lot of consumers that use it: 56% of Americans have used a BNPL service, up almost 50% in just one year.

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Payment Services Finance Point of Sale Checkout 269

Storis

MAY 31, 2024

Retailers can earn reoccurring revenue from the interest rate charged on top of monthly payments or outstanding account balances. Store credit cards significantly reduce credit card swipe fees while still allowing customers to leverage credit card payments. What are the benefits of store credit cards to retailers and their consumers?

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Payment Services Finance Accounting Promotions 52

Inside Retail

JULY 26, 2021

The secret lies in having a deep understanding of your customer journey, informed by a combination of real-time customer feedback and operational data. Operational data (such as CRM, clickstream, app usage, purchase data etc), can tell you who, what , when , where and how the experience took place. How can I get started quickly?

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Retail TouchPoints

SEPTEMBER 25, 2024

Merchants and banks pass along those costs to consumers, either by raising prices or reducing quality or service. This case is a major step forward in fixing our nation’s broken payments market, but it should not be the last. The companies abandoned their planned $5.3 Attorney General Merrick Garland in a statement.

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Merchant Services Payment Services Consumer Point of Sale 144

Small Biz Trends

JANUARY 24, 2022

Both Shopify and Squarespace have different plans available to businesses. There are three Shopify plans to choose from. Shopify Lite Plan: This is the basic Shopify plan and costs $9 a month. Advanced Shopify: For advanced features, this plan is preferred. Personal: The personal plan costs $16 a month.

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Payment Services Shipping Point of Sale Planning 145

Star Miconics

SEPTEMBER 20, 2024

Success in the highly competitive restaurant industry requires more than just providing great food and service. It involves embracing technology to modernize your processes and create a more engaging customer experience. The type of barcode scanner that best suits your restaurant depends on how you plan to use this technology.

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Payment Services Inventory Management Accounting Management 59

Star Miconics

OCTOBER 18, 2024

Learn how to secure POS systems, handle remote data safely, and adopt tools to ensure compliance with industry standards. This episode is packed with useful tips to keep client data safe while optimizing business operations in a secure, scalable way. the risk of cyber threats is higher than ever.

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Payment Services Point of Sale Kiosk Management 52

Retail Focus

JUNE 14, 2024

Whether you are browsing the aisles of your closest supermarket or walking the stalls of the local market on a Saturday morning, you are almost certain to come across some form of point of sale or point of purchase materials. This can include contactless payments and sanitised self-checkout stations. “In

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Payment Services Point of Sale Customer Experience Kiosk 147

Retail TouchPoints

JULY 12, 2023

Innovations have slowed since then, but edge computing will usher in a new wave of personalization and self-service for modern shoppers. Because it’s not fast or cost-efficient enough to send these images to the cloud for analysis, the processing of those images must happen at the edge.

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Payment Services Inventory Management Checkout Loss Prevention 244

Independent Retailer

JUNE 23, 2022

Times are tough, especially for businesses struggling to stay afloat with the increased expenses from credit card processing companies. National Retail Solutions (NRS) offers NRS PAY credit card processing to help merchants with this problem. If a merchant processes lower volume, FeeBU$TER carries one flat monthly fee of $49.95

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Merchant Services Payment Services Point of Sale Accounting 52

Retail TouchPoints

AUGUST 29, 2023

Students, faculty and staff scan a QR code to enter the store, pick their items and leave, with the payment deducted from their student meal plan or other stored payment methods. Using the Amazon “Just Walk Out” technology, Grubhub Campus has introduced cashierless checkout at convenience stores at Loyola University Maryland.

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Checkout Payment Services ATS Accounting 233

Inside Retail

DECEMBER 14, 2022

By deploying the Joya Touch 22, retailers can reduce the time their customers spend waiting in queues because when they finish shopping they can proceed straight to payment, without the need for checkout staff to scan each item manually. In-store efficiency boost. Read more about the Joya Touch 22 here.

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Payment Services Shopping Checkout Promotions 130

Retail TouchPoints

MARCH 18, 2024

The retailer also plans to open additional staffed POS lanes for shoppers who have more items, need help or who “just enjoy connecting with our team to help them get on their way sooner,” according to a company statement. The future likely holds a hybrid model where self-service POS coexists with traditional systems.

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Checkout Payment Services Store Operations Customer Experience 247

Retail TouchPoints

AUGUST 15, 2023

In 2017, Polywood had a great product sustainability story (its outdoor furniture is made from 100% recycled plastic and comes with a 20-year guarantee) and a solid launching pad for direct-to-consumer sales (a 27 -year history of selling through big box, home improvement and specialty patio stores). It was an involved, intense process.

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Checkout Merchant Services Payment Services Customer Experience 223

Retail TouchPoints

JANUARY 12, 2024

Non-staff members can use credit cards, mobile wallets, QR codes or the Amazon One palm payment system to enter and shop at the checkout-free stores. Amazon’s Just Walk Out technology supports our smart medicine strategy by providing high-tech solutions to our patients, visitors and co-workers, even with food service,” said Paul P.

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Payment Services Accounting Checkout Apparel 260

Retail TouchPoints

MARCH 2, 2021

From contactless payment to fully automated checkout, innovations showed promise for streamlining and improving the customer experience. The “frictionless” label applies to a number of different technologies; many of them associated with the checkout process. Now, they have the added appeal of more hygienic shopping as well.

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Payment Services Checkout Customer Experience Point of Sale 293

Star Miconics

SEPTEMBER 15, 2023

Among these many changes, the shift toward Android point-of-sale (POS) systems has been particularly noteworthy over the last couple of years. The hardware components, particularly the printers, are pivotal in ensuring the system operates seamlessly. Here, Star Micronics shines in the world of retail solutions.

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Payment Services Merchant Services Point of Sale Planning 59

Retail TouchPoints

FEBRUARY 27, 2024

With this evolution into digital sales and the increased use of data mining, retailers are facing unprecedented challenges in digital security. Cyberattacks and network outages can disrupt operations and erode customer loyalty. Conducting a third-party audit of cybersecurity protocols.

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Payment Services Wholesale Store Layout Inventory Management 272

I Vend

DECEMBER 11, 2023

All retail processes iVend helps retailers to stay ahead of retail technology trends. Read more So what are the key trends for retail technology in 2024? . ** AI in retail has a wide range of applications, including: Predictive analysis that helps retailers use the insights in their data to plan for the future.

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Payment Services Inventory Management Checkout Point of Sale 59

A1 Retail

AUGUST 8, 2024

Visa cardholders, with most significant increases in year-on-year spending from Japan and Brazil Visa, the Official Payment Technology Partner of the Olympic and Paralympic Games, today releases new data revealing initial consumer spending patterns during the opening weekend of the Olympic Games Paris 2024. Image courtesy of Pexels.

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Payment Services ATS Point of Sale Consumer 105

Retail TouchPoints

JUNE 15, 2022

Roaming checkout enables employees to take payments from shoppers from anywhere inside the store. They allow retailers to expand their workforce without hiring by giving shoppers more ways to engage and learn without a person needed to facilitate. And that’s true whether the actual sale happens in-store or continues online.

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Payment Services Checkout Shrinkage Fast Fashion 261

Retail TouchPoints

MAY 23, 2022

The next step for the 112-year-old floral and gift brand is offering its partner florists updated features within its new MercuryOnline (MOL) platform, powered by Shopify , which FTD CTO Matt Powell describes as “ how digital commerce interfaces with store operations.”. Applying New-School Technology to Old-School Customer Service.

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Payment Services Customer Experience Fulfillment Point of Sale 271

I Vend

FEBRUARY 9, 2024

All retail processes iVend helps retailers become irresistible to shoppers. Read more So what are the key trends for retail technology in 2024? . ** AI in retail has a wide range of applications, including: Predictive analysis that helps retailers use the insights in their data to plan for the future.

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Payment Services Inventory Management Checkout Point of Sale 52