Retail TouchPoints

JANUARY 12, 2024

After a customer pays at a register or via the Scan & Go mobile payment solution, a combination of computer vision and digital technology deployed in stores’ exit areas captures images of their cart and verifies payment for all items within a shopper’s basket.

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Payment Services Mobile Payments Technology Mobile 256

Retail TouchPoints

OCTOBER 30, 2023

One such payment option that has demonstrated its effectiveness in streamlining these transactions is Dynamic Currency Conversion (DCC). DCC is an optional service offered at the point of sale, allowing customers to view the cost of their purchases in their home currency. Benefits for Retailers 1.

Payment Services 260

Payment Services Merchant Services Payments Point of Sale 260

RTP blog

DECEMBER 30, 2019

market for payment systems is complex. We have over 21 million businesses, and every one of them needs some form of a payment processing solution. Payment processing is complex. However, payment technology is perhaps the best it’s ever been. However, payment technology is perhaps the best it’s ever been.

Payment Services 195

Payment Services Merchant Services Cryptocurrencies Mobile Payments 195

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.

Payment Services 297

Payment Services Point of Sale Retail POS 297

Korona

FEBRUARY 4, 2023

One of the numerous challenges facing small and medium-sized businesses (SMBs) lies in processing cashless payments such as credit cards. Despite it being an afterthought for many businesses, processing payments is a major decision. However, the use of payment processors is not without cost.

Payment Services 52

Payment Services Payments Merchant Services POS 52

Forrester eCommerce

SEPTEMBER 17, 2018

Stripe, one of the leading payment providers for online and platform businesses announced today “Stripe Terminal” to tackle the merchant challenges around in-person payments. In-person payments are operationally challenging for merchants. […].

Merchant Services 204

Merchant Services Point of Sale Payment Services Operations 204

Ecommerce Platforms

MAY 8, 2019

It's more like a ritual for most merchants to look out for the most productive payment processor.No How credible is this payment processor? I need to know how compatible it is with my retail online store. Also, we look at its pricing, how it operates, compatibility, retail integration, and pros as well as the constraints.

Payment Services 126

Payment Services Payments Merchant Services Shipping Costs 126

Korona

SEPTEMBER 18, 2023

Discover how Retail Payment Processing can streamline your business operations. Read our blog to better understand how it works!

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Payment Services Retail Operations Blog 52

Retail TouchPoints

JUNE 3, 2024

Now, the discount retailer has removed self-checkout from approximately 12,000 stores since the beginning of 2024, including 3,000 in May alone, citing shrink as the primary reason for the change. He had identified a “significant headwind from inventory shrink” in a December 2023 discussion of Dollar General’s results.

Payment Services 275

Payment Services Supplies Management Improvements 275

Retail TouchPoints

OCTOBER 20, 2023

Accusations of “greenwashing” can lead to irreversible damage to reputation and consumer trust, and with environmental social governance (ESG) now high on the agenda for public and private organizations worldwide, it’s changing how many retailers think about their businesses. And how can POS finance fit into the equation?

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POS Payment Services Merchant Services Retail 262

Retail TouchPoints

APRIL 3, 2023

Retail operations are an increasingly popular target for cybercriminals. The growth of online shopping, self-checkout systems, point-of-sale transactions and other digital processes has created numerous opportunities for attackers. And the most common jumping board for cyberattacks on retail?

Payment Services 264

Payment Services Payments Retail Operations 264

Retail TouchPoints

FEBRUARY 27, 2024

In the last several years, retailers have increased the speed with which they have built online and mobile app presence. With this evolution into digital sales and the increased use of data mining, retailers are facing unprecedented challenges in digital security. Conducting a third-party audit of cybersecurity protocols.

Payment Services 263

Payment Services Retail POS Operations 263

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. in April 2020, but online retailers saw an 8.4%

Payment Services 164

Payment Services Payments Small Business Retail Technology 164

Korona

FEBRUARY 15, 2022

A point of sale system used to be a cash register that simply took account of the sales of the day and organized the bills into sections. The current main function of point of sale systems remains the same. – Point of Sale Components. Which Point of Sale Product Is Best For Your Business?

Point of Sale 52

Point of Sale Payment Services POS Payments 52

Ecommerce Platforms

MAY 8, 2019

It's more like a ritual for most merchants to look out for the most productive payment processor.No How credible is this payment processor? I need to know how compatible it is with my retail online store. Also, we look at its pricing, how it operates, compatibility, retail integration, and pros as well as the constraints.

Payment Services 116

Payment Services Payments Merchant Services POS 116

Retail TouchPoints

SEPTEMBER 12, 2023

It might have been the worst-kept secret in retail, but after months of unconfirmed reports , behind-the-scenes testing and tales from the front lines , TikTok has finally, formally launched its new ecommerce offering — TikTok Shop. Digital Service (USDS). The company also reiterated that all TikTok-protected U.S.

Merchant Services 260

Merchant Services Payment Services Multi-channel Shopify 260

Retail TouchPoints

FEBRUARY 21, 2023

In retail, the wow factor refers to the business’ ability to amaze customers and convert them into store or brand admirers. A recent study from Wharton’s Baker Retailing Center and The Verde Group found that retailers can increase shopper repurchase intent by nearly 60% by delivering a great experience.

Sporting Goods 249

Sporting Goods Payment Services Retail Supplies 249

Korona

MARCH 8, 2023

If you’re a CBD owner, you know that making sales and collecting payments aren’t as simple as they seem. That’s why you need a cannabis payment solution. A secure, reliable payment system tailored to cannabis dispensaries can help keep your customers safe and ensure that you do everything right.

Payment Services 52

Payment Services Payments POS Point of Sale 52

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 230

Payment Services Food and Beverages Customer Experience Technology 230

Retail TouchPoints

JULY 12, 2023

The past few years have been a rollercoaster ride for the retail industry. Then, last year, in-store sales grew faster than online sales, while ecommerce stocks took a big hit. A survey from this year’s World Retail Congress suggests that the uncertain times aren’t over for the industry.

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Payment Services Retail Point of Sale Supplies 229

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.

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Payment Services Department Stores Clothing Banking 249

Retail TouchPoints

NOVEMBER 1, 2023

As online commerce continues to surge, chargeback fraud victimizes more and more retailers. Experts report that chargebacks will cost merchants over $100 billion in 2023, and false claims and abuse of the chargeback process are a growing threat to merchants. Internet payments mean more purchases.

Merchant Services 284

Merchant Services Payment Services Payments eCommerce 284

iVend

JUNE 10, 2024

After an unpredictable few years in retail, it’s perhaps no surprise that many retailers have decided to ‘sweat their assets’ and hold on to their POS systems for longer than in the past. Read how our modern POS system benefits retailers worldwide. Inefficiencies in retail POS occur when these systems are not integrated.

POS 52

POS Payment Services Payments Small Business Retail 52

Retail TouchPoints

JUNE 23, 2023

The growth of edge computing in retail is undeniable, as more devices are connected in stores and more applications depend on the data they create. Never has the role of a retail store infrastructure in delivering the customer experiences of tomorrow been so important.

Payment Services 271

Payment Services POS Operations Technology 271

365 Retail

JANUARY 12, 2024

Be it shoppers paying by Scan & Go, self-checkout, in checkout-free stores or via Click & Collect: offline retail is becoming increasingly digital. This requires suitable payment solutions – turning payment into a strategic success factor. Credit card payments were done via Imprinter and a paper receipt.

Payment Services 62

Payment Services Mobile Payments Banking POS 62

Retail TouchPoints

APRIL 27, 2021

The economic fallout from the COVID-19 pandemic accelerated demand for buy now, pay later (BNPL) payment options. Surges in online shopping during the pandemic helped fuel the growth of point-of-sale loans — a market that is forecast to grow at an annualized 9.8% over the five years through 2024-25, to $1.1

Merchant Services 130

Merchant Services Payment Services Payments Consumer 130

Retail TouchPoints

NOVEMBER 3, 2021

As it did with many other aspects of retail, COVID-19 gave a major boost to touchless technology applications — and enthusiasm for these solutions will continue even after the pandemic has waned, according to Greg Buzek, Founder and President of IHL Group. Retailers had wanted to do this before as a way to save on labor costs.”.

Payment Services 352

Payment Services Shipping Costs Electronics Fulfillment 352

Retail TouchPoints

JULY 7, 2020

The global pandemic has accelerated the pace of change for the retail industry at a rate we have never before seen. Burlington Stores is grappling with its January decision to cut online sales altogether and the coronavirus may be the final blow that shutters JCPenney for good. And contactless is not limited to the point of sale.

Merchant Services 214

Merchant Services Payment Services Payments Small Business Retail 214

Retail TouchPoints

JULY 17, 2023

Connecting the world of physical objects into a smart network, IoT technology brings new business opportunities for retailers and provides data-driven insights for decision-makers. According to Grand View Research , the global IoT retail market was valued at $42.38 billion in 2022 and is expected to grow at a CAGR of 28.4%

Food and Beverages 240

Food and Beverages Payment Services Retail Payments 240

RetailMinded

SEPTEMBER 21, 2021

Did you know that point of sale systems date back to 1879 when the first one was invented by American shopkeeper James Ritty. But this only taps the surface of POS, barely shedding light on all that POS can offer retailers both large and small. Since then, POS systems have taken a dramatic shift in their capabilities.

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Point of Sale POS Merchant Services Payment Services 98

Retail TouchPoints

MAY 25, 2023

Natural food products retailer Freshmart has adopted online sales and fulfillment solutions from eGrowcery. Freshmart, which operates seven stores in Puerto Rico, chose the solution because of its flexibility, integration with the retailer’s POS and custom payments integration approach to support the Puerto Rican market.

Fulfillment 270

Fulfillment Payment Services eCommerce POS 270

Korona

NOVEMBER 17, 2022

Automated Clearing House (ACH) payments are direct bank transfers of payments between people and businesses. Accepting ACH payments is a great way to offer customers additional convenience. If you already accept credit cards, you will likely be able to accept ACH payments easily. How to accept ACH payments?

Payment Services 52

Payment Services ACH Payments Merchant Services 52

Ecommerce Platforms

JANUARY 17, 2023

You can opt for print-on-demand services to custom print and sell items like t-shirts and mugs whenever a customer buys something. The process decreases upfront costs since you sell products that remain stored at the supplier’s warehouse. If you own that marketplace, a percentage of every sale goes to you.

Payment Services 197

Payment Services Payments Merchant Services Shipping Costs 197

Ecommerce Platforms

JANUARY 17, 2023

How to set up a Canadian-friendly payment processor. You can opt for print-on-demand services to custom print and sell items like t-shirts and mugs whenever a customer buys something. The process decreases upfront costs since you sell products that remain stored at the supplier’s warehouse. Dropshipping. Manufacturing.

Payment Services 197

Payment Services Payments Merchant Services Shipping Costs 197

Retail TouchPoints

MARCH 17, 2021

Online payment processing company Stripe has raised $600 million in Series H funding, nearly tripling its valuation in under a year to $95 billion , according to data from Pitchbook. Whether in fintech, mobility, retail or SaaS, the growth opportunity for the European digital economy is immense.”.

Payment Services 165

Payment Services Payments POS Financial Services 165

Retail TouchPoints

MAY 31, 2023

Both retail brands are owned by Bedrock Manufacturing ; Filson is known for high-end outdoor clothing and accessories, and Shinola offers products including timepieces, leather goods, jewelry and audio. Filson operates a total of 14 stores in the U.S., Shinola operates 21 stores across the U.S., Canada and Japan.

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Omnichannel Payment Services POS Jewelry 217

Retail TouchPoints

JUNE 29, 2022

A successful retail space uses the art of design to provide a clean, aesthetically pleasing and accessible storefront and property. Designing your retail store with security in mind ensures that your business’ security isn’t an afterthought. Evaluate Your Retail Store’s Location. Evaluate Your Retail Store’s Location.

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Small Business Retail Payment Services Retail POS 263