Retail TouchPoints

JUNE 14, 2022

Luxury platform FARFETCH will accept cryptocurrency payments for all purchases on the FARFETCH Marketplace, with plans to expand to FARFETCH Private Clients in the coming months and to all customers in the U.S., UK and Europe by late 2022.

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Retail TouchPoints

FEBRUARY 9, 2022

retailers will be able to accept contactless customer payments on their Apple iPhones via its new Tap to Pay functionality. Consumers will be able to use their credit and debit cards, Apple Pay or other digital wallets to purchase items, with no additional POS hardware or payment terminal required to complete transactions.

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Payment Services Point of Sale Checkout Consumer 299

Retail TouchPoints

OCTOBER 19, 2022

As economic pressures and living costs surge, more people than ever are considering using point-of-service (POS) finance — such as buy now, pay later and installment loans — to manage their cashflow. Old corporate-driven models of offering consumer credit are becoming outdated, leaving modern POS finance solutions the clear frontrunners.

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Finance Merchant Services Payment Services Consumer 249

Retail TouchPoints

FEBRUARY 19, 2021

The acquisition will add ecommerce functionality to NCR’s core POS platform, giving retailers, in particular regional and small grocery chains, the ability to quickly deploy buy online, pick up in-store (BOPIS) capabilities in-house as an alternative to relying on a third-party provider. Financial terms of the deal were not disclosed.

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Retail TouchPoints

JULY 5, 2023

As the online payments industry continues to evolve, new digital wallet solutions, such as mobile payment apps and e-wallet platforms, are becoming increasingly popular and reshaping the way consumers transact. 4 Pros of Digital Wallets Some of the advantages of digital wallet payment options include: 1.

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Merchant Services Payment Services Checkout Consumer 278

I Vend

MAY 20, 2024

After an unpredictable few years in retail, it’s perhaps no surprise that many retailers have decided to ‘sweat their assets’ and hold on to their POS systems for longer than in the past. Currently, only 21% of retailers are using POS software they’ve adopted within the past two years, and more than 40% of POS software is over five years old.

Payment Services 52

Payment Services Management Checkout Point of Sale 52

Inside Retail

MARCH 16, 2023

Observers may have expected that this would give rise to a competitive playing field of e-commerce platforms offering attractive service pricing and features, but the opposite has in fact occurred. Many business owners now face very few cost-effective alternatives providing the enterprise-level functionality they need.

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Merchant Services Payment Services Marketing Planning 241

Retail TouchPoints

MAY 20, 2021

Digital payments and software services company Cantaloupe has launched next-generation touchscreen POS devices for the ePort Connect Platform. Both pieces of hardware can connect to the Seed software platform to give cashierless retailers the ability to streamline operations. The ePort Engage features an edge-to-edge 3.5

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Retail TouchPoints

JULY 14, 2021

The reality today is that businesses need to be online to maximize their profits; the FOMO (fear of missing out) is just too real. Using ecommerce platforms like Shopify , Wix or SnapBlooms is a no-brainer for small shops, but before signing on to one, you must know your niche industry and the available ecommerce solutions.

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Payment Services Checkout Customer Retention Management 263

Retail TouchPoints

MAY 31, 2023

Shinola and Filson will modernize their in-store experiences with mobile POS, order management and store inventory solutions from NewStore. Both retail brands are owned by Bedrock Manufacturing ; Filson is known for high-end outdoor clothing and accessories, and Shinola offers products including timepieces, leather goods, jewelry and audio.

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Payment Services Jewelry Outdoor Accessories 241

Retail TouchPoints

MARCH 31, 2023

In the same manner, the new service providers, the payment platforms, get worked up over Banking-as-a-Service and Embedded Finance, the latest industry buzzwords, without fully explaining the simplicity and value of the proposition. Digital wallets are a pathway to an improved, convenient and frictionless payment process.

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Payment Services Accounting Point of Sale Customer Experience 275

I Vend

APRIL 9, 2024

Mobile POS is one of the fastest growing retail trends – with store associates being armed with devices that run the same cloud-based POS software as the fixed checkouts, enabling payment, inventory management and loyalty anywhere in the store. Mobile POS System iVend mobile POS takes service to customers in the aisle.

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Payment Services Point of Sale Inventory Management Checkout 52

I Vend

APRIL 20, 2023

In this article, we explore how mobile POS ‘untethers’ the point of sale, allowing it to go out into the store, and even beyond the four walls. iVend Mobile POS iVend helps retailers to reap the benefits of mobile POS. Learn how our mobile POS transforms the checkout process. But it doesn’t have to be this way.

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Checkout Point of Sale Payment Services Store Layout 98

Retail TouchPoints

MARCH 21, 2022

Customers who prefer touchless payment options may choose contactless payment or digital wallets through their devices, using Apple Pay , Google Pay and Samsung Pay.

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Point of Sale Checkout Location Shopping 243

I Vend

MARCH 20, 2024

Mobile POS is one of the fastest growing retail trends – with store associates being armed with devices that run the same cloud-based POS software as the fixed checkouts, enabling payment, inventory management and loyalty anywhere in the store. Mobile POS System iVend mobile POS takes service to customers in the aisle.

Payment Services 52

Payment Services Point of Sale Inventory Management Checkout 52

Inside Retail

JUNE 29, 2022

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. BNPL is disrupting credit and driving competition.

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Merchant Services Payment Services Finance Consumer 130

Retail TouchPoints

MARCH 29, 2021

Retailers today are often sold “best in class” component software platforms, as if they are the answer to success. But simply buying all of those platforms — CDP, POS, Loyalty, Promotions, Ecommerce, package payment terminals, and pricing and inventory management software — doesn’t automatically put retailers on the path to success.

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Advertising Inventory Management Promotions Marketing 299

V Count

SEPTEMBER 15, 2022

In today’s world, the consumer wants to be able to pay for your product in a quick and easy manner, and your goal as a retail owner is to make sure this happens without any hiccups; hence picking the right POS system for your business is essential. We’ll also briefly explain what a POS system is and why your store needs one.

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Merchant Services Payment Services Inventory Management Planning 92

V Count

SEPTEMBER 15, 2022

In today’s world, the consumer wants to be able to pay for your product in a quick and easy manner, and your goal as a retail owner is to make sure this happens without any hiccups; hence picking the right POS system for your business is essential. We’ll also briefly explain what a POS system is and why your store needs one.

Merchant Services 98

Merchant Services Payment Services Inventory Management Planning 98

Star Miconics

FEBRUARY 2, 2024

Star Micronics, a leader in point-of-sale (POS) printers and hardware, provides TetherLAN and SteadyLAN® technology in select POS receipt and label printer models, ensuring reliable tethered tablet network connections. What POS printer technology is right for your business? But how do you know which technology you need?

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Payment Services Outdoor Planning Point of Sale 59

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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Payment Services Finance Planning Management 177

Star Miconics

DECEMBER 9, 2022

Merchants committed to business growth need new solutions to overcome these hurdles – and they need value-added resellers (VARs) and other point-of-sale (POS) solution providers to provide guidance and technical expertise to implement them successfully. The Value of a Connected POS Workstation. What is a connected workstation?

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Merchant Services Payment Services Kiosk Point of Sale 52

Retail TouchPoints

NOVEMBER 1, 2023

Experts report that chargebacks will cost merchants over $100 billion in 2023, and false claims and abuse of the chargeback process are a growing threat to merchants. And yet many retailers remain unaware of chargeback fraud and its harmful impacts on business revenues. Internet payments mean more purchases.

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Merchant Services Payment Services Customer Experience Consumer 296

Retail TouchPoints

OCTOBER 30, 2023

One such payment option that has demonstrated its effectiveness in streamlining these transactions is Dynamic Currency Conversion (DCC). Retailers offering DCC should collaborate with trusted payment processors that provide a best-rate guarantee. Revenue growth DCC introduces a profitable revenue stream for retailers.

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Merchant Services Payment Services Point of Sale Consumer 282

Retail TouchPoints

JUNE 2, 2023

They are at the cusp of all things digital, which drives us on everything, from payment options to search — and ultimately, from a merchandising platform standpoint. We also offer a dropship program, all driven through the platform. This includes the POS, which is powered by Manhattan’s order management system.

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Inventory Management Management Fulfillment Supply Chain Management 276

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.

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Merchant Services Payment Services Point of Sale Checkout 273

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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Merchant Services Payment Services Accounting Jewelry 317

Small Biz Trends

SEPTEMBER 3, 2021

If you’re a small business, freelancer, or just have an online side hustle, you’re going to feel the recent increase in fees from online payment platforms like PayPal and Venmo. And as these other online payment systems increase their fees, Square Online is keeping the same rates with more features.

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Payment Services Checkout Point of Sale Fulfillment 140

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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Merchant Services Payment Services Drop-Shipping Shipping 122

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. In the retail industry, the ability to provide a seamless and customer-oriented purchasing experience is tightly connected with the scale of the business revenue.

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Payment Services Checkout Accounting Point of Sale 64

Retail TouchPoints

JUNE 11, 2021

Retailers must look for the right technology that will streamline their operations and improve the customer experience, which can ultimately increase brand loyalty and revenue. Providing Various Payments Technologies. These options provide both safety and convenience for shoppers and retailers alike. Tying Channels Together.

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Payment Services Sporting Goods Customer Experience Grocer 221

Retail Smart Guys

SEPTEMBER 27, 2022

Most retailers have a Point of Sale system (POS) to keep track of inventory, sales and customers. However, the data collected by your POS systems from entering sales can turn into reports benefiting numerous aspects of your business. Firstly, POS reports can help you make better purchasing decisions.

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Point of Sale Promotions Management Marketing 40

Inside Retail

OCTOBER 26, 2023

I can’t see online platforms competing in the tangibility sphere – not to satisfaction, at least,” Quinn adds. Lightspeed is a single platform for point-of-sale, payment processing, inventory management and reporting which also includes tools for e-commerce and marketing. “The And this appeal will last.

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Retail TouchPoints

FEBRUARY 18, 2021

At its 350+ stores in 11 countries, Crocs has implemented customer engagement and merchandise management solutions for POS, merchandising, audit and operations management and analytics. Following a bumpy decade, the casual footwear brand experienced record sales last year as homebound consumers ditched their dress shoes in lieu of comfort.

Payment Services 147

Payment Services Customer Experience Checkout Management 147

I Vend

OCTOBER 16, 2023

Online shopping is intrinsically more personalized – a customer can be greeted by name, shown previous orders, receive suggestions for items they might like and have their payment details stored for seamless checkout. Hiring staff is a real issue, especially in the holiday season – can POS technology help?

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Checkout Inventory Management Payment Services Returns 105

Retail TouchPoints

JUNE 29, 2020

The retailer has tapped Local Express , an e-Commerce platform for independent grocers, as its white-label technology provider. Local Express is instrumental in not only creating the best face of Seafood City online, but also optimizing the back-end e-Commerce operations and synchronizing with our POS and other systems,” said Jonas C.

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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. In the store environment, retailers need to evaluate the physical security of POS terminals and self-scanning technology.

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Payment Services Wholesale Store Layout Inventory Management 276