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Revolutionizing Customer Retention: The Rise of Digital Top-Up Cards in the Global Market

Retail TouchPoints

An Accenture survey of 16,000 customers in 13 countries across Asia, Europe, Latin America and North America reported that over half of all consumers have adopted digital payment methods such as digital wallets, many of which displace banks’ brands from the customer experience. Consumers value the convenience these offer.

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Next-Gen Co-Brand Cards are Tailored to You, by You

Retail TouchPoints

Up-and-coming Generation Z (born in the mid- to late-’90s through 2010) consumers are increasingly interested in personalized offers and non-monetary benefits. What would motivate them to obtain a co-brand card versus a bank-branded card? But now consumers want intangible benefits, including tailored experiences.

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The truth about Apple Pay for ecommerce

GetElastic

This post was originally posted in 2010 and has been updated for relevancy. They suggest this number comes out of a need for merchants and banks to align payment with shopper behavior and preference, as well as the eCommerce boom during the pandemic. Supporting banks increased to 5,480 globally, up 29%.

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Cryptocurrencies are the Future of Payments: Here is How Merchants Fit In

Retail TouchPoints

With banks and credit card companies warming up to the idea of Bitcoin trading and crypto rewards on card transactions, are they really extending the benefits of crypto to merchants, or is this just a play to get consumers to buy into a shiny new card that looks different but acts very much the same?

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Contactless payment limit to jump to £100 in October

365 Retail

The increase had already been announced by the Government earlier this year, but banks had not yet decided when to implement it. This rose to £15 in 2010, £20 in 2012, £30 in 2015 and £45 in April last year in the early days of the pandemic. Contactless payments were first capped at £10 in 2007. Jonathan Brady/PA).

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Vox Pop: Experts Weigh In on TikTok’s Luxury Resale Gambit

365 Retail

TikTok’s move into luxury resale is a smart way to engage with and cash in on more values-driven young audiences (not for them the horror of Burberry and other luxury brands burning unsold goods) and will act as an entry point for consumers whose bank balances don’t, as yet, match their aspirations.

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5 Ways To Raise Capital For Your Indie Retail Brand

RetailMinded

Additionally, lending institutions and banks have imposed more stringent rules in approving applications and offer less affordable loan packages. Ideally, it should come from your own bank to make it easier and faster to acquire approval. Most people go to banks for business lending. Launch A Crowdfunding Campaign.

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