Korona

MARCH 30, 2022

The payment industry has been anticipating drastic changes to its standards for several years now. These changes to the Payment Card Industry Data Security Standard (PCI DSS) are finally being implemented in the first half of 2022. This post aims to cover what PCI compliance entails, what the PCI DSS v4.0 replaced 3.1

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Payment Services Merchant Services Payments POS 52

Retail TouchPoints

FEBRUARY 13, 2023

According to one report , the total cost of ecommerce fraud to merchants will exceed $48 billion globally in 2023, from just over $41 billion in 2022. Digital payments misuse accounted for 21% of the total number of fraudulent transactions. Consider for example a payment via an app such as PayPal, Venmo, Apple Pay or Samsung.

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Merchant Services Payment Services Technology eCommerce 270

Retail TouchPoints

JUNE 22, 2022

Some of the biggest changes include new capabilities and integrations with Twitter that will enable additional social commerce options; Google , which will help retailers connect with shoppers near their brick-and-mortar locations; and iOS , which will let retailers use iPhones to accept contactless payments.

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Merchant Services Shopify Payment Services Retail 276

Retail TouchPoints

OCTOBER 6, 2022

The Retail TouchPoints 2022 Retail Strategy & Planning (#RSP22) webinar series, now available on-demand, offered a wealth of tips and best practices across critical areas including pricing, location-based technology, inventory management and marketplaces. Mastercard Spending Data Reveals 4 Key Takeaways for Holiday 2022.

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Shipping Costs Payment Services Merchant Services Payments 262

Retail TouchPoints

JANUARY 10, 2023

based Amazon merchants at the end of January. Additionally, Amazon is adding a new feature to the Buy with Prime package that will enable merchants to display ratings and reviews from Amazon customers on their own online stores. The offering was previously only available by invitation. and the honest answer is, maybe.

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Merchant Services Payment Services BigCommerce Payments 291

Retail TouchPoints

JULY 12, 2023

Roku and Shopify have partnered to let viewers purchase products from Shopify merchants directly from their TV through Roku Action Ads. Shoppers who see an ad for a Shopify Merchant can press “OK” on their Roku remote to learn more about the product and purchase it directly from their screen.

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Merchant Services Payment Services Shopify Apparel 223

365 Retail

NOVEMBER 25, 2022

UK online retail businesses could increase their gross sales by up to £200 million during the 2022 Black Friday weekend (25th – 28th November) if failed payments are avoided, according to the latest analysis by BR-DGE ’s failed payments calculator. Over the course of the Black Friday weekend, 8.4%

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Merchant Services Payment Services Online Retail eCommerce 98

Retail TouchPoints

AUGUST 7, 2023

A few days before reporting Q2 earnings, Wish also announced plans to cut approximately 34% of its workforce, or about 255 employees, in order to “refocus the company’s operations.” Temu also operates as a manufacturer-to-consumer marketplace and offers a wide range of merchandise, from homewares to apparel.

Shipping Costs 223

Shipping Costs Merchant Services Payment Services Shipping 223

Korona

MARCH 28, 2022

Whether you buy into its viability in 2022 or not, it’s becoming clearer every day that crypto is here to stay. Major brands such as Home Depot and Microsoft have begun accepting crypto as part of their eCommerce payment options. Also, processors like Paypal now have crypto gateways accepting many different coins.

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Payment Services Cryptocurrencies Payments Merchant Services 52

RetailMinded

APRIL 3, 2022

A new study revealed: Social media marketing (32%), e-commerce software (31%), email marketing (29%), retail operations (26%) and online payments (24%) score highly. 63% of US brands plan to increase investment in retail software in 2022. Top 10 Investment Priorities For 2022. Customer service (28%).

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Merchant Services eCommerce Banking Technology 83

Ecommerce Platforms

OCTOBER 4, 2022

Shopify recently launched its POS Go product: a solution that many merchants have been waiting for. This means quick access to customer information, extremely reliable hardware, and the flexibility to sell how and when merchants need. You may wonder, “why not stick to a mobile app for merchants to add to their own devices?”

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POS Shopify Merchant Services Payment Services 104

Ecommerce Platforms

JANUARY 12, 2022

Millions of merchants use it every day. The aim is to explain the details behind the hype, while also providing you with information about the platform that so many merchants have entrusted with their entire businesses. Total value of transactions processed through Shopify stores leapt to $79.5 You know Shopify is a big deal.

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Payments Shopify Merchant Services Payment Services 104

lateshipment

AUGUST 17, 2023

Recent research shows that the e-commerce return rate, which was 16% in 2022, now falls around somewhere between 20-30%. 92% of shoppers say they will buy again if the return process is easy. 92% of shoppers say they will buy again if the return process is easy. But we can’t blame them for it.

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Management eCommerce Payment Services Merchant Services 130

Ecommerce Platforms

AUGUST 15, 2022

Printify is a print-on-demand (POD) service where users can design products to sell on their online stores, while also leaving all printing and fulfillment to Printify. This type of service cuts costs significantly for store owners, and it makes it easier to make beautiful designs for products like mugs, t-shirts, and home goods.

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Shipping Costs Merchant Services Payment Services Shipping 104

Ecommerce Platforms

NOVEMBER 2, 2022

The hemp-derived and CBD (cannabidiol) industry continues to grow at a rapid pace, so we understand that many merchants are vying to get in on the action. Getting a CBD-friendly Merchant Account. That all may sound like a lot, but it’s rather easy to get CBD-friendly payment processing and merchant accounts if you’re in the US.

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Merchant Services Payment Services Shopify Payments 38

Groove

OCTOBER 7, 2022

According to Recharge’s State of Subscription Commerce Report , it was found that 32% of merchants use a Shopify subscriptions app chose this model. Merchants can leverage this model with anything from food products such as meal kits and coffee to disposable items like deodorant and cleaning supplies.

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Subscription Shopify Merchant Services Payment Services 195

Retail TouchPoints

JANUARY 3, 2023

2022 saw the fastest pace for inflation in decades. This was especially evident on Black Friday, when many merchants offered steep markdowns to compete. Specifically, bot operators continue to siphon retailer profits with increasingly sophisticated automated threats — including account takeover, web and API scraping and more.

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Payment Services Merchant Services Retail Gifts 301

Ecommerce Platforms

AUGUST 12, 2022

Finally, Weebly only allows Square for payment processing, which doesn’t work in all countries. Either way, our list of the best Weebly alternatives in 2022 aims to help you find the perfect fit for your next website project. million merchants worldwide and processed more than $5.1 It supports over 1.7 Cons ??.

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Payment Services Merchant Services BigCommerce Shopify 104

Ecommerce Platforms

MARCH 8, 2023

It provides users with a variety of themes they can customize to suit their specific selling and branding needs, and comes with all the payment processing solutions you need to sell both physical and digital goods. for in-person payments. for in-person payments. For the Basic plan, transaction fees start at 2.9%

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Shopify eCommerce Platforms Payment Services Merchant Services 104

Retail TouchPoints

JANUARY 12, 2024

In fact, from 2022 to 2023 the use of social media channels for retail advertising increased by more than three percentage points, while search channels decreased by over seven percentage points, according to the Multichannel Marketing Report 2023. Facebook advertising will continue to be an obvious choice.

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Social Media Beauty and Health Multichannel eCommerce 296

Retail TouchPoints

OCTOBER 4, 2023

The UK’s largest independent builder’s merchant, MKM Building Supplies , recognized that the building supplies industry was changing, with 45% of its current customer base set to retire within the next five years. One BigCommerce merchant saw conversion rates jump from 52.9% after deploying both of these tactics.

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Omnichannel Merchant Services BigCommerce Payment Services 262

GetElastic

NOVEMBER 23, 2021

Ongoing supply chain issues, continued disruption from the pandemic, worker shortages and consumer habits that have changed forever have forced ecommerce brands to operate in new ways in 2021. Social commerce – the use of social networks to promote and sell products and services – is gaining significant ground in particular.

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Payment Services Merchant Services eCommerce Payments 148

Ecommerce Platforms

FEBRUARY 9, 2023

We’re beyond excited about the launch of Shopify POS Go, for both merchants and consumers. Shopify POS Go was launched in September 2022, but it was also announced during Shopify Editions 2023 Winter (along with a myriad of other new products and feature updates). The software and hardware is good to go right out of the box.

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POS Shopify Merchant Services Channel 104

Groove

OCTOBER 7, 2022

According to Recharge’s State of Subscription Commerce Report , it was found that 32% of merchants that offer subscriptions chose this model. Merchants can leverage this model with anything from food products such as meal kits and coffee to disposable items like deodorant and cleaning supplies. Optimizing Your Subscription Program.

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Subscription Shopify Merchant Services Shipping Costs 195

Ecommerce Platforms

JANUARY 13, 2022

They discovered the incredible benefits of selling Photoshop (and all of their other software) as a monthly/yearly subscription instead of a onetime payment product. And potential downsides: High operating costs. Brand loyalists tend to stick with these types of subscription services for a long time. Great options for gifts.

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Subscription Shopify Payment Services Merchant Services 104

Algopix

MARCH 8, 2022

Many of these consumers are shopping on eCommerce marketplaces, such as those operated by eBay, Amazon, and Expedia. The marketplace trends in 2022 and beyond have been accelerated by Covid-19. And eCommerce marketplaces offer suppliers a large pool of customers as well as such value-added services as fulfillment and payments.

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Merchant Services Payment Services Consumer B2C 78

Groove

FEBRUARY 16, 2022

Choosing the correct Shopify payment gateway is a decision that eCommerce retailers should not take lightly. Each payment gateway has its own series of benefits and challenges associated with the service. Before diving into the five payment gateways on this list, let's briefly discuss what a payment gateway is.

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Payment Services Merchant Services Payments Shopify 195

FastSpring

SEPTEMBER 16, 2022

It’s a valid concern: We help facilitate literal transactions for online businesses, so it’s easy for all of us to fall into the rut of having a — well, transactional relationship. We provide a service; you make money; repeat on autopilot. They may even be able to weigh in on what’s coming down the pipe for FastSpring’s platform.

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Merchant Services Payment Services Channel Social Media 146

Korona

AUGUST 17, 2022

Rent and operations. Payment processing. The research you do in your plan is where you will put all the calculations, as well as the start-up costs and monthly operating expenses of your store. Rent and operations. After a downturn in 2020, retail rents increased in 2022. Table of Contents. Legal fees.

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Shipping Costs Payment Services Payments Small Business Retail 52

365 Retail

NOVEMBER 14, 2022

With Black Friday and Cyber Monday just around the corner, planning for a successful 2022 peak season is essential – now more than ever. Bundling’ your products and services together in one package drives customer satisfaction, as they’ll be receiving a better deal overall. Leveraging 3PL services to drive efficiencies is key.

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Payment Services Shipping Costs Merchant Services Order Fulfillment 57

RetailMinded

JANUARY 21, 2022

And, while the current retail industry all too often has frustrating experiences to manage – including empty store shelves, hiring instability, and rising inflation – I believe that with great challenges also come great opportunities and NRF 2022 certainly reinforced this sentiment for me this year. Robotics and Retail Go Hand-In-Hand. .

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Payment Services Retail Supplies Merchant Services 52

MagentoBrain

DECEMBER 2, 2022

There are a lot of opposing opinions on this point, making it confusing for merchants to choose for their store. To learn more, check out our "custom Magento 2 services" that can give your business a competitive edge. In the first quarter of 2022, it brought in 1.2 Operating expenses. What is Shopify? Let's Talk Now.

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Magento Shopify Payment Services Payments 52

Korona

AUGUST 31, 2022

There are, however, some mobile apps, workarounds, and proposed law changes that could shape the future of dispensary payments. Read on for a more detailed explanation of why dispensaries don’t take cards and what the future of payments in the cannabis industry looks like. Table of Contents. Reduced Spending Per Customer.

Payment Services 10

Payment Services Merchant Services Payments Banking 10

Korona

AUGUST 9, 2022

But for now, it’s a serious concern for every retail business in 2022. The rate at which purchasing power declines can be represented by the average price increase of a selected set of goods and services over some time. . Indeed, some inflation is neither good nor bad but a natural process within a healthy economy.

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Shipping Costs Small Business Retail Payment Services POS 97

Payoneer

JUNE 12, 2023

percent of all businesses (SBA, 2022). million SMBs in the US, 27 million are operating without any employees. million new jobs between March 2020 & March 2021 (SBA, 2022). This strategic collaboration enables small businesses to focus on core competencies like marketing, customer service, and brand development.

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Small Business Retail Payment Services Drop Ship Shipping Costs 26

Store Growers

DECEMBER 8, 2022

Last Updated on December 9, 2022. Like I said before, Google Ads is a big platform and there are many opportunities to reach and sell your products and services to other businesses. To start running these ads, you need to connect your online store to Google Merchant Center , a free tool by Google.

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B2B eCommerce Merchant Services Payment Services 103

Fabric

NOVEMBER 2, 2023

Enterprise e-commerce platforms are purpose-built to handle the complex needs of large-scale retail operations. It enables online commerce for merchants and consumers by providing the necessary infrastructure, features, and integrations to support internal and external e-commerce functions. Performance is critical as well.

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eCommerce Platforms eCommerce Payment Services Merchant Services 130