Remove Consumer Remove Industry Remove Merchant Services Remove Online Retail
article thumbnail

Digital Wallets: What’s Good for the Payments Industry is Good for Retailers…Right?

Retail TouchPoints

As the online payments industry continues to evolve, new digital wallet solutions, such as mobile payment apps and e-wallet platforms, are becoming increasingly popular and reshaping the way consumers transact. 4 Pros of Digital Wallets Some of the advantages of digital wallet payment options include: 1.

article thumbnail

Buy Now, Pay Later: Does it Work for your Online Retail Business?

Retail TouchPoints

Humans have been dynamically evolving the concept of loans and credit in commerce for hundreds of years — culminating in the explosion of consumer credit cards in the 20th century. consumers have now used a buy now pay later (BNPL) service. . consumers have now used a buy now pay later (BNPL) service. .

Insiders

Sign Up for our Newsletter

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

article thumbnail

5 Reasons Growing Brands Should Partner with a Merchant of Record

ESW

Brands can make their work simpler by outsourcing many of their eCommerce operations to a merchant of record. A merchant of record (MoR) is responsible and liable for processing secure online payments. eCommerce brands can manage their own merchant account, or they can give this responsibility to a third party.

article thumbnail

ClearSale Review: Will It Protect You From Fraudulent Refund Claims?

Ecommerce Platforms

ClearSale is an ecommerce fraud prevention solution that assists merchants with tackling the growing risk of ecommerce-related fraud. They offer solutions for small to enterprise-sized businesses and focus on online dispute management. Chargebacks are an ongoing struggle for both eCommerce and brick-and-mortar merchants.

article thumbnail

How to overcome two of the most common online payment issues

GetElastic

But as an ecommerce merchant, there is a lot of nuance to running a successful online store that brings in revenue. Here are two of the most common online payment challenges and how you can overcome them. That was the case for Battery Pete , a US-wide battery retailer based in Florida. The most important thing?

article thumbnail

Digital Commerce and the Threat of Card-not-present Fraud

BigCommerce

Digital commerce continues to be top of mind for online retailers. Consumers shop more and more across a variety of devices and channels. Retailers continually optimize their sales channels to deliver more seamless consumer experiences. This risk for mid-sized merchants could be caused by two factors.

article thumbnail

How to Attract Customers with Buy Now, Pay Later Options

Kissmetrics

BNPL allows consumers to split large purchases into several monthly payments, interest-free. The industry is growing fast, with 37.7 percent of US consumers choosing the option as of July 2020. In fact, 44 percent of consumers say the use of BNPL is somewhat or very important to determining how much they spend.