article thumbnail

Where Payment Processing Systems Are Headed In 2020

RTP blog

However, payment technology is perhaps the best it’s ever been. FinTech companies and customer expectations are shaping the future of payment processing. Here’s what you can expect in 2020. Better Payment Security Credit card fraud is on the decline. their payments. billion in damages. Think about that.

article thumbnail

Party City Plans Just 25 Halloween Pop-Ups For 2020

Retail TouchPoints

While Party City operated approximately 275 temporary Halloween locations last year, it plans only about 25 this year. In addition to online shopping, Party City offers contactless shopping experiences at its stores through curbside pickup, same-day delivery and contactless mobile payments.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

What’s in Store for Grocery in 2022?

Retail TouchPoints

Long-term, I predict that ultra-rapid delivery of fresh produce from geographically strategic farming operations will become the de facto market model, decentralizing production and personalizing product assortments. If 2020 was online grocery’s “debutante party,” then 2022 might be viewed as its genuine coming of age.

article thumbnail

December 2020 COVID-19 + Ecommerce Update

ROI Revolution

As we put 2020 behind us, marketers and executives aren’t leaving behind their concerns about COVID-19. According to eMarketer data , as of June 2020, 30% of consumers indicated interested in mobile payments , up from 17% just three months before in March. For mobile app orders, interest has grown from 16% to 28%.

article thumbnail

You Just Experienced your First Chargeback. Now What?

Retail TouchPoints

Merchants in particular had to quickly shift from in-store sales to online and learn how to accept payments digitally. Concurrently, the summer of 2020 brought the highest number of new business applications in the past 15 years, and this trend has continued, with Americans filing a record 1.4

article thumbnail

Target Expands Contactless Checkout and Pickup Options to Enhance Safety During the Holidays

Retail TouchPoints

Shoppers can now use the Wallet mobile payment option in the Target app to scan items with their own devices, eliminating the need to pick up an in-store scanning device. The retailer also is expanding its selection of items available for same-day pickup or delivery, with an emphasis on gifts and ingredients for holiday meals.

article thumbnail

Consumer Survey Roundup: Retailers Must Demonstrate Safety Measures To Woo Shoppers Back To Stores

Retail TouchPoints

Consumers have developed new shopping habits during the shutdowns, most notably a greater reliance on e-Commerce, contactless pickup and delivery and mobile payment methods. trillion for 2020 is correct, the industry will fall back to the sales level it had in 2016. for the year. If eMarketer’s retail sales forecast of $4.89

eCommerce 138