article thumbnail

Guarding the Retail Fortress: Cybersecurity Challenges and Network Interruption Risks

Retail TouchPoints

In addition to revenue and reputation impacts, there are costs involved with breaches, from identity theft notification to fines, penalties and potential lawsuits. This includes implementing robust security protocols, regular system audits, employee training and investing in advanced cybersecurity technologies.

article thumbnail

Trends Analysis: Should eCommerce Brands Get Serious About Crypto Payments?

ESW

Even if some of that technology isn’t market-ready right now, you need to be thinking about how you can integrate it in the future. What about payments, though? While brands and retailers can accept crypto payments today, that doesn’t mean it’s viable. Few people are going to use it as a payment method, anyway.

Insiders

Sign Up for our Newsletter

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

article thumbnail

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.

Payments 217
article thumbnail

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.

article thumbnail

Micro Startup Acquisition: The Definitive Guide to Buying and Selling Small Startups

Kissmetrics

From Facebook to Microsoft, there is a massive trend to seek out tiny teams of five or less, buy them, and use the technology and talent to gain a competitive edge. Micro startup acquisitions are a move away from buying businesses with established products or even proven revenue streams. The solution? Micro startup acquisitions.

article thumbnail

A Quick Guide to Automated Billing

FastSpring

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. Automatically chasing payments: It happens: sometimes customers don’t pay their invoices.

article thumbnail

Kooomo Review: Future Ecommerce Today

Ecommerce Platforms

A certain Michael based in the UK simply used a telephone line to connect a multi-user transaction processor computer to his television and boom! By 2014, for instance, 55% of businesses on the web had already optimized their sites for mobile. And in 2015, Kooomo was born, packed with notable cloud technology advancements.