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

Retail TouchPoints

consumers have now used a buy now pay later (BNPL) service. . Businesses looking for ways to gain a competitive edge over their competitors have been pushing service advantages into new areas, including alternative payment models. Enter “buy now, pay later,” whose appeal is growing customer bases and revenue channels.

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Everything You Need to Know About Bitcoin and Blockchain in Ecommerce

Ecommerce Platforms

When it comes to payment processors in ecommerce sites, the talk used to be about credit cards, PayPal, COD (cash on delivery), et al. Local currencies couldn’t be converted to bitcoin easily and, as a result, no retailer would even think of accepting bitcoins as payment. The process takes just a few seconds.

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Best Platform to Sell Online in 2020: An In-Depth Analysis

Ecommerce Platforms

Whereas a standard website platform/builder has features for adding pages and posts and menus, an ecommerce platform takes it a step further by including product management, shipping tools, payment processing, and more. Some other elements that add more costs include third-party apps, hosting, domain names, and processing fees.

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Retailers Can Boost Revenue With Customized Financing Plans

RTP blog

They free up cash flow and relieve the considerable time and administrative burden that happens when merchants provide their own in-house financing options. To be successful with in-house financing, however, retailers need to understand how financing fits with their business. Financing partnerships also have other big advantages.

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Don’t be Fooled, Meta isn’t Abandoning Social Commerce — and Here’s Why

Retail TouchPoints

For its part, Meta closed out 2022 with its first-ever year-over-year decline in ad revenue, and together Meta and Google (“The Duopoly” as they’re known in the ad industry) made up less than 50% of all digital ad spend last year, something that hasn’t happened since 2014. Much of it appears to be funneling into TikTok and Amazon.

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A Quick Guide to Automated Billing

FastSpring

We all signed up for streaming services. It’s called automated billing, and it’s changing the way we do business. Not only are subscriptions and automated billing services more convenient for our customers, but it also gives our businesses stability through recurring revenue.

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Why Cross Border Ecommerce is the Future of Ecommerce

Ecommerce Platforms

Conversational ecommerce is seen as a potential use case for customer service which involves the usage of technology to help with communication. Thus picking a good payment service that is aware of local customer behavior is critical. percent from 2014 to 2020) according to Accenture.

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