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‘Cash or Card?’: Why More Financing Choices Drive Consumers’ Decisions on Which Retailers to Shop

Retail TouchPoints

The customer experience is paramount to the success of today’s retailers. 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?

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How Mobile Payments Are Taking Over eCommerce

Groove

The new way of purchasing goods and services is through Mobile Payments whether you are shopping online or in-store. As millions of users start to use mobile payments each year, it is projected that 4.8 billion people will be completing transactions through mobile payments by 2025. What Are Mobile Payments?

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Square’s Proposed $29B Afterpay Acquisition Shines a Brighter Spotlight on BNPL

Retail TouchPoints

The deal strengthens Square’s offerings to small businesses and could make them more attractive to larger enterprises via its Seller and Cash App ecosystems. We built our business to make the financial system more fair, accessible and inclusive, and Afterpay has built a trusted brand aligned with those principles.”.

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New ‘bank hubs’ among schemes being trialled to boost access to cash

365 Retail

A “new model for high street banking” is among the initiatives being trialled, involving a collaboration between the Post Office and high street banks to help bring back local banking services. The hubs will offer access to basic banking and cash withdrawals and deposits through a counter operated by the Post Office.

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You Just Experienced your First Chargeback. Now What?

Retail TouchPoints

Companies of all sizes were affected by the pandemic, especially small- to mid-size businesses (SMBs). Merchants in particular had to quickly shift from in-store sales to online and learn how to accept payments digitally. million applications to start new businesses through September 2021. What is a Chargeback?

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Worldpay Review- Complete Digital Payment Ecosystem?

Ecommerce Platforms

This Worldpay review evaluates the entire Worldpay payment ecosystem- it discusses its features, functionalities, pricing and possible drawbacks. Not so long ago, cards were at the center of digital payments. Now, let’s shift to mobile payments. And going by its current growth, it’s projected to hit 56% by 2021.

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What is a Merchant Acquirer?

Korona

A merchant acquirer, also known as acquiring bank (or simply an acquirer), is a banking institution that processes credit or debit cards on behalf of a merchant or business. It’s the person or company that offers goods or services and gets paid by customers in return. Picking up the basics of payments?