article thumbnail

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?

article thumbnail

News: U.S. Supreme Court Rejects Appeals From Apple and Epic in Antitrust Case

FastSpring

How Apple Is Responding The Associated Press reported that this lifts a hold on an order to give devs more freedom to use other payment options. Warn consumers using a “scare screen” if they click a link pointing them to an alternate payment system, stating that Apple is not responsible for those purchases regarding privacy or security.

Insiders

Sign Up for our Newsletter

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

article thumbnail

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

Retail TouchPoints

But now consumers want intangible benefits, including tailored experiences. 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. Some things to think through: What are the customers’ needs?

article thumbnail

Have Temu and Shein Thwarted Wish’s Hopes of a Comeback?

Retail TouchPoints

When it debuted back in 2010, Wish was the only game in town as far as manufacturer-direct discount shopping apps went. Temu also operates as a manufacturer-to-consumer marketplace and offers a wide range of merchandise, from homewares to apparel. Doubling down on merchants outside of China. Wish is based in the U.S.,

article thumbnail

Benefits Of A Cash Discount Program

RTP blog

Payment options become even more complicated — for merchants and customers alike — with recent innovations in cashless payment technology. New Cash Legislation Protects Consumers New cashless payment innovations could disenfranchise approximately 14 million unbanked consumers. Merchants retain more profit.

article thumbnail

Social Commerce: Retailers (and Platforms) Struggle to Catch up With Consumers’ Enthusiasm

Retail TouchPoints

In the last two months alone, TikTok has rolled out dedicated “Shopping Tabs” for Shopify merchants, Twitter began a pilot of its “Shop Module,” and Pinterest made it possible for creators to “control the shopability of their content” by tagging products. There’s no time to waste, because consumers are already there. earning $26.97

Consumer 292
article thumbnail

Wish Sold to Asian Ecommerce Platform Qoo10 for $173 Million

Retail TouchPoints

“Upon close, we expect the new Wish platform will have an improved customer experience through increased product assortment and merchant selection. And for our merchants, we will be able to offer fully integrated logistical capabilities to deliver unmatched cost-efficient services with high quality control and transparency.”