Remove acceptable-use-policy
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Visa, Mastercard Settlement Represents Major Victory in Merchants’ Fight Against Swipe Fees

Retail TouchPoints

merchants worth an estimated $30 billion that will lower the interchange fees (commonly referred to as swipe fees) that merchants are charged when customers use credit or debit cards. Additionally, the settlement provides funding for new programs to educate small businesses about payment acceptance options and how to best manage costs.

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Serial Returners and Refund Fraudsters: How Brands are Fighting Back With Data Insight

Retail TouchPoints

For every $100 in returned merchandise accepted, U.S. While it is possible for shoppers to commit return fraud innocently simply by mis-reading the returns policy, a significant number of returns are the result of premeditation and malicious intent. Online return fraud cost U.S. retailers $22.8 billion in 2022. retailers lose $10.40

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Recommerce Update: New Balance Launches Resale Program, Anthropologie Expands Denim Recycling

Retail TouchPoints

New Balance and Anthropologie have both announced new initiatives to enhance ongoing sustainability efforts: New Balance is now accepting and selling secondhand shoes in the U.S., The products will then be recycled into insulating material that will be used in various applications of Cotton Incorporated’s consumer sustainability program.

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How Twitter’s New Cannabis Advertising Policy is Reshaping the Industry’s Future

Retail TouchPoints

However, the first signs that this may be changing have appeared on Twitter, which has loosened its policy regarding cannabis to allow advertisements. New Opportunities Assist Push for Mainstream Acceptance Cannabis has been steadily gaining acceptance as a recreational and medicinal product over the past decade.

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RetailWire: Should Walmart Reinstate In-Store Returns During A Pandemic?

Retail TouchPoints

Walmart, however, is not taking in-store returns for apparel, cleaning supplies, health and beauty or pharmacy purchases, although customers can ship products back using the Walmart app or web site. This policy prompted customer complaints that a local ABC TV affiliate in Chicago reported on. George, Ph.D.,

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Klaviyo Abandoned Cart: 5 Strategies to Increase Conversion

Groove

Whether you use SEO best practices, social media, or your customer email list, once a customer arrives at your online storefront, you want them to convert and not leave a Klaviyo abandoned cart. If your site only accepts certain payment types, shoppers may skip your store and find an alternative. Another idea is to offer free shipping.

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How to Tailor Return Strategies to New Holiday Shopping Patterns

Retail TouchPoints

However, return policies actually have a major influence on whether shoppers go through with a transaction — particularly for increasingly popular online purchases. And while establishing customer-friendly return policies might encourage shoppers to return more items, the payoff comes with higher levels of shopper loyalty.

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