Retail TouchPoints

JULY 20, 2023

Amazon will expand its Amazon One palm payment technology to all 500+ Whole Foods Market stores by the end of 2023. The identification, payment, loyalty membership and entry solutions are currently deployed at a total of more than 400 locations in the U.S., Amazon acquired Whole Foods in 2017 for $13.7 billion.

Payment Services 246

Payment Services Food and Beverages Customer Experience Technology 246

Retail TouchPoints

APRIL 24, 2023

Bed Bath & Beyond has filed for Chapter 11 bankruptcy protection and will implement an orderly wind-down of its businesses while “conducting a limited marketing process” to find one or more buyers for some or all of its assets. It remains to be seen if a court-approved sales process will enable better results for the retailer.

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Payment Services Operations Supplies Improvements 278

Ecommerce Platforms

MARCH 3, 2022

There are a host of different payment platforms that you can partner with to process payments for your digital business. Checkout.com is one of the oldest cloud-based payments platforms in the industry, having launched in 2012. Increased focus on crypto; Checkout.com now offers support for crypto payments too.

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Payment Services Merchant Services Payments eCommerce Platforms 104

Retail TouchPoints

MARCH 3, 2022

Target has big plans for 2022, with the retailer announcing plans to invest up to $5 billion this year to open new stores, enhance its digital, fulfillment and supply chain capabilities, and expand its shop-in-shop concept with Ulta Beauty. and New York’s Times Square.

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Payment Services Operations Fulfillment Supplies 246

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 7, 2023

million debt service payment on municipal bonds sold to help finance the venture, due to insufficient funds. The mall also had missed the previous payment deadline for the same reason in August 2022. The American Dream mall and entertainment complex failed to make a Feb. 1, 2023 $8.8 The notice from U.S.

Payment Services 276

Payment Services Department Stores Clothing Banking 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.

Shipping Costs 287

Shipping Costs Payment Services Merchant Services Payments 287

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 Retail POS 299

Retail TouchPoints

NOVEMBER 3, 2021

Buzek forecasts very strong growth for these solutions during the next two years, with self-checkout rising 178% , contactless payment climbing 190% and payment via consumers’ mobile devices increasing 300%. Retail ‘winners’ were already doing this at much higher levels than others, even before COVID,” said Buzek.

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Payment Services Shipping Costs Electronics Fulfillment 363

Retail TouchPoints

APRIL 14, 2023

Amazon is adding convenient payment options to 11 Whole Foods Markets in the Denver area with the rollout of its Amazon One palm recognition solution. Shoppers can use the Amazon One service to check out without needing to pull out their wallets or purses. Additionally, the SouthGlenn, Colo.

Payment Services 278

Payment Services Shopping Carts Technology Mobile 278

Retail TouchPoints

FEBRUARY 15, 2022

So what changes should we expect to see in 2022? Outfits like GoPuff, Gorillas and 1520 took the grocery market by storm in 2021, offering a limited menu of consumables, delivered to your door in an incredible 30 minutes or less (and commanding multi-billion dollar valuations in the process.) Here’s my take: 1.

Shipping Costs 321

Shipping Costs Payment Services Multi-channel Mobile Payments 321

Ecommerce Platforms

APRIL 29, 2022

With both Clover and Shopify, you can sell products online and offline, manage payments from a multitude of different sources, track your inventory and so much more. Unlike Shopify, Clover can offer specific support for counter service, table service, and retail. Wide range of payment tools including in-built Shopify Payments.

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POS Merchant Services Shopify Payment Services 209

Retail TouchPoints

JULY 25, 2023

Any retailer that’s attempted to provide pickup and delivery services knows how fraught (not to mention expensive) they can be. But it’s how those stores operate that allows them to effectively serve as fulfillment hubs. She credited solid partnerships with courier services such as DoorDash and Uber in making these goals achievable.

Payment Services 246

Payment Services Operations Omnichannel Fulfillment 246

GetElastic

JULY 28, 2022

Tax software helps eCommerce businesses streamline the process of calculating taxes by eliminating the need for teams to keep up with the countless sales tax laws and rates that are constantly changing. Tax software makes businesses more efficient by automating standard processes. Top eCommerce Tax Software Vendors.

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Payment Services Payments eCommerce Multi-channel 148

BigCommerce

MARCH 24, 2022

In the year 2022, if you’re in the business of, well, business, setting up an ecommerce platform on your website…

Payment Services 318

Payment Services Payments eCommerce Platforms eCommerce 318

Ecommerce Platforms

SEPTEMBER 1, 2022

A Point of Sale system, or POS, is the solution you use to process payments, manage business functionality, and even track insights in a brick-and-mortar environment. Payment processing: Ensure your point of sale is ready to take payments in a range of different formats, from contactless Apple Pay and Google Pay, to PayPal.

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POS Payment Services lightspeed Payments 197

365 Retail

MAY 17, 2022

Axerve, Payment Partner to Grow, specialising in creating accessible and frictionless payment solutions for Ecommerce and physical sales, today announces the release of a new white paper, ‘ New technologies and trends in digital payments in 2022 ’. billion in fees, labour, and lost business in 2020.

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Merchant Services White Paper Payment Services Multi-channel 104

Retail TouchPoints

APRIL 3, 2023

billion on pet food and treats, supplies, medicine, vet care and other services in 2022, and are predicted to spend $143.6 Myos Fetch is a full-service SMS “concierge” for all things related to the brand and its focused, yet growing, product line. More than 66% of U.S. million or so homes spent $136.8 billion in 2023.

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Payment Services Social Media Subscription Channel 261

Ecommerce Platforms

MARCH 9, 2022

What’s more, the solution takes a wide range of payment options, so you have no shortage of ways to collect money from your customers. Plenty of payment options. Transaction fees are an issue when you’re not using Shopify Payments. Shopify Review (Mar 2022): Is Shopify the Best Ecommerce Platform? Further reading ??.

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eCommerce Platforms Shipping Costs eCommerce Payment Services 222

Retail TouchPoints

SEPTEMBER 12, 2023

in November 2022. and Secure checkout: TikTok has partnered with third-party payment platforms to facilitate transactions on TikTok Shop and to ensure a quick, smooth and secure checkout process. Digital Service (USDS). reads the company announcement. The company also reiterated that all TikTok-protected U.S.

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Merchant Services Payment Services Multi-channel Shopify 278

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 26, 2024

While they’re not perfect, many financial services companies provide concise, one-page statements clearly detailing why consumer data is collected, how it is collected, what is collected and how it is used. The total number of data breaches and leaks last year surpassed 2022’s numbers in September.

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Improvements Payment Services Consumer Banking 317

Retail TouchPoints

JUNE 4, 2021

In particular, consumer expectations for contactless payment methods as a result of health and safety concerns during the pandemic are galvanizing retailers to integrate flexible, contactless payment options like voice payment technologies into their operations.

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Payment Services Payments Small Business Retail Technology 172

Retail TouchPoints

NOVEMBER 28, 2022

In a first indication of what to expect as we enter the heart of the 2022 holiday season, digital Black Friday sales hit record highs despite inflationary pressures, topping $9.1 Shoppers are embracing the Buy Now Pay Later payment method more this year to be able to buy desired gifts for family and friends.”. billion and up 2.3%

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Payments Retail Payment Services Toys 278

Retail TouchPoints

JANUARY 24, 2023

The digital wallet will be managed by Early Warning Services (EWS) , the company that operates Zelle, but will operate separately from Zelle. The other four owners in the EWS/Zelle venture include Capital One Financial , PNC Financial Services Group , U.S. Bancorp and Truist Financial.

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PayPal Banking Merchant Services Payment Services 305

Retail TouchPoints

APRIL 10, 2024

Since 2020, the global economy has sat on pins and needles as the fallout from COVID-19 rippled through 2021, 2022 and 2023. Inflation isn’t expected to go away in 2024, although its effects are expected to be more modest than in 2022, for example, which saw an inflation rate high of 9.1%. in February 2024 , an increase from 3.1%

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Customer Loyalty Payment Services Customer Consumer 264

Retail TouchPoints

MARCH 20, 2024

The Save Mart Companies , a 194 -store supermarket chain operating in California and western Nevada, has partnered with Flashfood to offer high-quality groceries at up to 50% off and, not incidentally, divert food waste from landfills. More than 11 million tons of food went to waste in California alone in 2022, according to Flashfood.

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Payment Services Fulfillment Operations Technology 264

365 Retail

JANUARY 12, 2024

This requires suitable payment solutions – turning payment into a strategic success factor. Payment systems were of rather subordinate importance as a trade fair topic because payment in retail was mostly still analogue. Credit card payments were done via Imprinter and a paper receipt.

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Payment Services Mobile Payments Banking POS 62

Retail TouchPoints

JUNE 23, 2022

The 2022 back-to-school (BTS) season could be the most “normal” since the start of the pandemic, with even more demand than the record-setting BTS 2021 season for clothing, classroom supplies and new technology. Give Back-to-School Shoppers Alternative Payment Options. Streamline Your Checkout Process for Busy Parents and Students.

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Payment Services eCommerce Payments Retail 304

Retail TouchPoints

JULY 13, 2022

Secondhand furniture reseller Kaiyo has introduced its services on the West Coast with a launch in Los Angeles following its generation of $36 million in Series B funding. With the expansion of Kaiyo’s services to the West Coast, the company hopes to grow the furniture resale category. Kaiyo’s L.A.

Payment Services 298

Payment Services Sporting Goods Apparel Consumer 298

Korona

JANUARY 4, 2023

So retailers, too, need to be prepared to accept payments across borders. And these are mainly found in the process of making cross-border payments. Both businesses and employees have run into problems when trying to complete a cross-border payment. What Are Cross-Border Payments? Who Can Use Cross-Border Payments?

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Payment Services Small Business Retail 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. Digital payments misuse accounted for 21% of the total number of fraudulent transactions.

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Merchant Services Payment Services Technology eCommerce 289

Retail TouchPoints

DECEMBER 13, 2023

Google Pay will make buy now, pay later (BNPL) options available for online and mobile payments in the U.S. Google Pay has partnered with Affirm and Australia-based Zip and will begin offering their pay-in-four services on Android devices early in 2024. YoY and $2.5 billion more than last year, according to data from Adobe Analytics.

Merchant Services 277

Merchant Services Payment Services Mobile Payments Mobile 277

ESW

OCTOBER 31, 2023

This intention to spend more while being mindful of ongoing financial obligations may explain the boom in use of ecommerce instalment payments among Gen Z and Millennials. In this article, we will cover the rising popularity of instalment payments among younger generations. Consumer shopping habits are always in flux. And why now?

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Payment Services eCommerce Mobile Consumer 78

Ecommerce Platforms

MARCH 25, 2022

A point of sale solution makes it quick and simple to take a range of payments through various methods, including chip-and-pin and contactless or mobile payments. Combining inventory tracking functionality with access to online store building, Square for Restaurants is the perfect solution for food service companies on the move.

POS 104

POS Payment Services Payments Shopify 104

Groove

APRIL 22, 2024

Shopify has revamped the checkout process, making it easier than for your customers to complete purchases. Here, we'll explore how Shopify one page checkout can help expedite the process of moving site visitors from potential customers to repeat customers. One page checkout eliminates the friction that can drive customers away.

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Retail TouchPoints

MAY 9, 2022

DTC ecommerce solution provider ESW will acquire Scalefast , an end-to-end ecommerce company, in a deal that is expected to close by mid-year 2022. Scalefast’s services are highly synergistic with ESW’s from a revenue generation perspective,” said Scalefast’s Stehle in a statement. “We

Payment Services 289

Payment Services Payments Electronics Omnichannel 289