article thumbnail

How adding services to your products can propel your company growth?

GetElastic

As Gartner aims to prepare application leaders for the accelerated shift towards digital, they predict that, “ By 2024, leading commerce organizations will generate 10% of online revenue from services attached to physical products.”. Payment services. Subscription based models are at the center of recurring revenue in eCommerce.

article thumbnail

The Best Payment Processing Companies in 2023

Ecommerce Platforms

There are a huge range of payment processing brands out there, all offering tools to help make your organization a money-making entity. After all, how do you know you’re selecting a payment processor that can simultaneously keep your costs low, and ensure you’re offering a great service? Manually-keyed in payments cost 2.5%

Insiders

Sign Up for our Newsletter

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

article thumbnail

How Verizon Personalizes CX, from Engagement to Post Purchase

Retail TouchPoints

We began offering the option for customers to go online to make an appointment for a store visit in 2010, debuted the MyVerizon app in 2011 and began offering BOPIS (buy online, pick up in-store) in 2016. Kelley Kurtzman: There are a lot of ways to connect with us, but 80% of our interactions originate in digital channels.

article thumbnail

API Business Models and How They Future Proof eCommerce

GetElastic

For example, an API that is used to connect your eCommerce platform with a 3rd party payment provider is external but is most definitely not public (which tends to define APIs made available to any developer, anywhere, regardless of source). The way to think about internal vs. external is within the context of firewalls and hosting.

Payments 148
article thumbnail

W3bstore Review: Ecommerce Platform For Omnichannel Stores

Ecommerce Platforms

It does not access it’s POS (point of sale) or multi-store back office. And that’s why the team at W3bstore decided to build this platform in 2011. Instead of taking the standard route syncing platforms they created a native omnicommerce platform for a trend that has been increasingly taking shape in the online business world.