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Consumers and Merchants Should Look Before They Leap into BNPL Services

Retail TouchPoints

The economic fallout from the COVID-19 pandemic accelerated demand for buy now, pay later (BNPL) payment options. Research by The Ascent showed that among people who have used a BNPL service, 45% first did so in 2019, 21% first did so in 2020, and only 7% had used a BNPL service prior to 2015. billion, according to IBISWorld.

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How adding services to your products can propel your company growth?

GetElastic

As Gartner aims to prepare application leaders for the accelerated shift towards digital, they predict that, “ By 2024, leading commerce organizations will generate 10% of online revenue from services attached to physical products.”. Marketplace operations. Payment services. Auto replenishment. Predictive maintenance.

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WePay Review for 2019: Is This the Right Option for Merchants?

Ecommerce Platforms

Looking for a simple solution for building a payment processing platform? Unfortunately, that doesn't necessarily mean that merchants don't have challenges to face. Unfortunately, that doesn't necessarily mean that merchants don't have challenges to face. Aren't we all? WePay Review: Introduction and Features.

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6 digital payment trends to keep an eye on

GetElastic

The upcoming trends in payments will shift how consumers pay in the future; making credit cards and cash (so-called today’s rulers) – a thing of the past. The payment industry. This means one can expect to see trends-driven product communication and convergence that enables payment companies to know where they stand in the industry.

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Make Customer Service Your Most Valuable Asset This Holiday Season

BigCommerce

On the other hand, the holiday season is also cause for pain and headaches when it comes to inventory management, high-volume shipping , advertising cost planning , and of course, customer service. But this still doesn’t account for the significant lift in customer service volume during the holiday season.

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Digital Commerce and the Threat of Card-not-present Fraud

BigCommerce

ecommerce platform providers) commissioned by Discover® Global Network, mid-sized merchants with annual revenues of $250 million to $1 billion are seen as the most high-risk targets for fraud over the next 12-24 months. This risk for mid-sized merchants could be caused by two factors. New Payment Methods, New Fraudulent Activity.

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Retailers Can Learn Lessons From Consumers' Card Safety Concerns

RTP blog

By Nicole Bryan, Sterling Payment Technologies Given the rise in reported data breaches and credit card fraud concerns, it should come as no surprise that the shift to EMV and mobile payments has some shoppers wary. Credit card security is on the rise, and merchants need to let consumers know they’re protected.