BigCommerce

APRIL 26, 2018

Some of the biggest highlights of Amazon’s Annual Report were company insights shared for the very first time – like information around membership and revenue around Amazon Prime, the company’s subscription service. Amazon Risk Factors and Obstacles in 2018. The risks of international operations. Amazon Prime generated $9.7

Payment Services 417

Payment Services eCommerce Shipping Costs Payments 417

Retail TouchPoints

FEBRUARY 26, 2024

While they’re not perfect, many financial services companies provide concise, one-page statements clearly detailing why consumer data is collected, how it is collected, what is collected and how it is used. Oftentimes these policies are downright inaccessible to consumers because they’re far too long and filled with legalese.

Improvements 317

Improvements Payment Services Consumer Banking 317

Omnisend

JUNE 7, 2023

Reading Time: 6 minutes Many businesses wrongly believe that GDPR compliance is only required for businesses based in the European Union. The GDPR applies to any organization, regardless of location, that processes or collects the personal data of individuals within the EU. What about the consequences of non-compliance?

Merchant Services 145

Merchant Services Payment Services Marketing Customer Data 145

Retail TouchPoints

JUNE 4, 2021

In particular, consumer expectations for contactless payment methods as a result of health and safety concerns during the pandemic are galvanizing retailers to integrate flexible, contactless payment options like voice payment technologies into their operations.

Payment Services 167

Payment Services Payments Small Business Retail Technology 167

Retail TouchPoints

FEBRUARY 16, 2024

“At Starbucks, we have challenged ourselves to imagine what’s possible when we take a closer look at the many ways our partners and customers interact with us and experience our stores every day,” said Katie Young, SVP of Store Operations at Starbucks in a statement.

Food and Beverages 266

Food and Beverages Payment Services POS Operations 266

Korona

MARCH 30, 2022

The payment industry has been anticipating drastic changes to its standards for several years now. These changes to the Payment Card Industry Data Security Standard (PCI DSS) are finally being implemented in the first half of 2022. This post aims to cover what PCI compliance entails, what the PCI DSS v4.0 What Is PCI Compliance?

Payment Services 52

Payment Services Merchant Services Payments POS 52

Retail TouchPoints

AUGUST 11, 2022

If your company is like most, one very important aspect of managing your gift card program may be overlooked, or at least not be given the attention required — state regulatory and legal compliance. Keeping Up with State Compliance. Here are a few recommended next steps: Consult with your internal legal and compliance departments.

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Gifts Payment Services Payments Multi-channel 274

Ecommerce Platforms

AUGUST 8, 2019

If so, you'll need to find and use a top-notch payment platform. This solution helps to simplify automated clearing house payments (ACH) and white label bank transfers for businesses. It’s especially handy for companies who want to use bank transfers as a cheaper, easier way to make payments. Dwolla facilitates ACH payments.

ACH 134

ACH Payment Services Merchant Services Payments 134

Kissmetrics

JANUARY 1, 2021

Games as a Service (GaaS) was introduced as a barrier between consumer cost concerns and user engagement. Games as a Service acts as a continuous revenue service for developers, allowing them to break their reliance on the one-time purchase. What Is Games as a Service (GaaS)? Games as a Service Payment Options.

Games 264

Games Payment Services Payments Marketing 264

GetElastic

DECEMBER 18, 2020

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.”. Marketplace operations. Payment services. Marketplace Operations.

Merchant Services 148

Merchant Services Payment Services Payments Subscription 148

Retail TouchPoints

JUNE 8, 2020

Touch-free “contactless” payments in stores and at vending machines are gaining popularity with U.S. Although contactless payments are already popular in much of the world, they hadn’t seen much interest in the U.S. And NFC payments offer the same level of security as EMV-chip enabled cards. Here’s what U.S.

Payment Services 213

Payment Services Consumer Vend Point of Sale 213

Ecommerce Platforms

SEPTEMBER 1, 2022

A Point of Sale system, or POS, is the solution you use to process payments, manage business functionality, and even track insights in a brick-and-mortar environment. Payment processing: Ensure your point of sale is ready to take payments in a range of different formats, from contactless Apple Pay and Google Pay, to PayPal.

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POS Payment Services lightspeed Payments 197

BigCommerce

MARCH 13, 2018

From crypto-currencies to peer-topper payments and one-click checkouts, modern innovations are shifting the basic payment infrastructure of our economy. 2007: Both the iPhone and the Droid operating system are released.?. 2020: 90% of smartphone users will have made a mobile payment. ?. And the wallet is its next target.

Payment Services 420

Payment Services Mobile BigCommerce Mobile Payments 420

Retail TouchPoints

JUNE 11, 2021

But while blending of in-store and online provides consumers with significantly more flexible shopping, it also creates operational challenges. Retailers must look for the right technology that will streamline their operations and improve the customer experience, which can ultimately increase brand loyalty and revenue.

Payment Services 231

Payment Services Payments Retail Sporting Goods 231

Retail TouchPoints

JUNE 29, 2021

When Amazon Go launched in 2018, critics claimed that it would take more than a decade for autonomous retail to catch on. Namely, the conversations focus on how traditional brick-and-mortar stores can incorporate AI into their operations as more and more fully autonomous stores pop up around the world.

Payment Services 244

Payment Services Retail Customer Retention Payments 244

BigCommerce

JULY 19, 2018

According to the 2018 Direct-to-Consumer Wine Shipping Report , there are two primary reasons for this growth. The required documentation to sell wine from an online store depends on the state in which you operate as well as the states to which you ship. N Oklahoma Y (as of Oct 2018) N/A N Oregon Y Up to (2) cases/mo.

Shipping Costs 263

Shipping Costs Shipping eCommerce Merchant Services 263

Retail TouchPoints

AUGUST 7, 2023

And Wish, which held that top spot back in 2018, has now dropped out of the top 50 completely after having fallen to #35 as of last March. There are other troublesome indicators for the company: Q2 saw declines across the board at Wish. followed by former #1 Shein , now bumped down to the #2 position. (It

Shipping Costs 243

Shipping Costs Merchant Services Payment Services Shipping 243

Blue Winston

JANUARY 22, 2021

But did you know that Google offers the same service? Also, customers don’t have to get their cards out of the wallet because Google saves the payment credential for an even faster checkout. But maybe the biggest difference between Google Shopping and Google Shopping Actions is payment. Manual payment. Google Shopping.

Merchant Services 97

Merchant Services Payment Services Shopping Carts Shipping Costs 97

Retail TouchPoints

APRIL 6, 2022

Mall operator Unibail-Rodamco-Westfield SE (URW) is reportedly looking to divest most of its U.S. URW acquired Westfield in 2018 in a deal that included major shopping centers such as the Westfield World Trade Center in Manhattan, Century City in Los Angeles and the Garden State Plaza in New Jersey. URW valued its U.S.

Payment Services 278

Payment Services Payments Department Stores Operations 278

ESW

FEBRUARY 29, 2024

For example, shoppers in different markets prefer different payment methods. Since 2018, global ecommerce cart abandonment rates have hovered around 69%. For long-term profitable growth, you may want to look at outsourcing logistics and compliance. However, successful brands know that getting into market is only the beginning.

Payment Services 88

Payment Services eCommerce Shipping Costs Payments 88

Retail TouchPoints

SEPTEMBER 8, 2021

Since Amazon Prime’s inception 15 years ago, Amazon has only increased the annual membership cost three times — rising from $79 per year in 2005 to $119 in 2018. When Amazon acquired Whole Foods in 2018, analysts expected that Amazon would dominate the U.S. The purchasing power of $79 in 2005 equals about $109.90 grocery market.

Merchant Services 259

Merchant Services Shipping Costs Payment Services Fulfillment 259

Retail TouchPoints

JULY 22, 2021

More data processed gives way to more possibilities of data breaches. Similarly, Home Depot also faced a large-scale data breach in 2014, leading to over 56 million payment information being stolen. billion back in 2018. In 2018, over 3 out of every 100 retail workers suffered an injury or illness, requiring time off.

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eCommerce Retail Payment Services Social Media 306

Retail TouchPoints

JUNE 5, 2023

The Aldi Express service is now available from more than 2,100 Aldi supermarket locations across the U.S. “We Aldi first began offering delivery services via Instacart in 2017, and the service now delivers from more than 2,200 Aldi stores, as well as powering pickup from 1,500+ Aldi stores nationwide.

Payment Services 262

Payment Services Customer Retail Fulfillment 262

Retail TouchPoints

JUNE 23, 2021

In 2018, 151 million conventional (non-bot) attacks were observed, and of these, 91 million were directed at online merchants. Others are so brazen that they use click-and-collect services in the branches of omnichannel stores, to pick up goods that they’ve paid for online with credit card credentials they’ve stolen. Machine Learning.

Merchant Services 153

Merchant Services Payment Services Banking POS 153

Ecommerce Platforms

JANUARY 12, 2022

Total value of transactions processed through Shopify stores leapt to $79.5 These numbers don't directly contribute to Shopify's full-year revenue (seeing how it's the money that went to merchants) but it still shows the growth of payment processing revenue and usage from Shopify's perspective. billion in 2021. 2017: $673.3M

Payments 104

Payments Shopify Merchant Services Payment Services 104

BigCommerce

MARCH 30, 2018

Heralded as the newest, greatest ecommerce strategy beginning around 2010, subscription box services like BirchBox, Trunk Club and Dollar Shave Club have not only made headlines – they’ve made billions. In fact, Amazon’s Subscribe and Save subscription service is the most used subscription service in the world, according to a McKinsey study.

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Subscription Payments eCommerce Payment Services 345

Retail TouchPoints

JANUARY 23, 2023

Julie has been instrumental in that process, and we’re looking forward to working with her as a trusted advisor going forward.” Welsh previously served as Senior Director of Product Strategy, Operations, Go-to-Market, Commerce and Payments at Google.

Payment Services 220

Payment Services Marketing Operations Technology 220

365 Retail

DECEMBER 12, 2023

In a highly competitive global retail landscape, autonomous stores are an emerging force that addresses changing consumer behaviours, reduces operational costs, improves profitability, and powers revenue growth strategies. The new business models supported by autonomous capabilities provide a compelling value proposition for consumers.

Payment Services 59

Payment Services Travel Technology Payments 59

Ecommerce Platforms

DECEMBER 20, 2019

Consumers want quick service, fast ordering, and equally speedy delivery. From the convenience of one dashboard, it integrates point-of-sale (POS) functionality with customer channels and operations. Founded back in 2010, this US operation is based in San Francisco. Its offer is split into four areas: Quick Service.

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POS Payment Services Payments Point of Sale 118

BigCommerce

APRIL 6, 2018

Card data stolen from 5 million Saks and Lord & Taylor’s customers in 2018. This is particularly because many of us maintain large numbers of (supposedly secure) personal online profiles that afford us a convenient way to deal with recurring monthly or annual payments. on February 1, 2018 as the standard all companies must follow.

Merchant Services 419

Merchant Services Payment Services Payments Document 419

365 Retail

JULY 5, 2022

The Very Group, operator of multicategory digital retailers Very and Littlewoods, has appointed former president and CEO of Walmart Japan Lionel Desclée as group CEO. Before joining Walmart, Lionel spent three years as president and CEO of Tom & Co, which operates over 160 pet care stores in Belgium, Luxembourg and France.

Payment Services 122

Payment Services Payments Operations Omnichannel 122

ESW

AUGUST 10, 2020

The 2018 True Cost of Fraud Study by LexisNexis found that retail fraud attempts had increased by almost one-third over the course of a year. Everyone from small retailers to big brands is at risk, writes Rafael Lourenco , Executive Vice President at fraud prevention operation ClearSale. Next, there’s account takeover fraud.

Payment Services 148

Payment Services Merchant Services eCommerce Shipping Costs 148

GetElastic

NOVEMBER 11, 2019

the world’s biggest retail event, three times larger than Cyber Monday 2018, which at $7.9 million) in sales during the 2018 event. [3]. becomes more global, payment is going the other way. In many parts of Asia, this means looking to mobile payments as opposed to traditional card-based payments here in the U.S.

Online Retail 100

Online Retail Merchant Services Payment Services Retail 100

Ecommerce Platforms

DECEMBER 30, 2020

Consumer preference for pay-over-time services like Affirm for financing their purchases quadrupled between 2018 and 2019. Even if you had to pay a small interest for the chance to split up your bill into easier-to-make monthly payments. And still subject to credit card services’ high rates, hidden fees, and penalties.

Merchant Services 104

Merchant Services Payment Services POS Banking 104

FastSpring

SEPTEMBER 24, 2020

Revenue refers to the total earnings a company generates through its core operations like sales of products or services, rents on a property, recurring payments , interest on borrowings, etc. Licensing : A form of renting out goods and services, usually of intellectual nature.

Payments 88

Payments Payment Services Subscription Reference 88

Ecommerce Platforms

MARCH 23, 2020

billion in 2018. Businesses use the platform to manage their ecommerce websites, marketing, sales, and related operations. In addition to supporting businesses with their ecommerce needs, Shopify provides solutions for offline, brick-and-mortar operations. Restaurants and other offline operations will find this service helpful.

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Shopify Merchant Services Payment Services Shipping Costs 160

Ecommerce Platforms

SEPTEMBER 26, 2022

But, these services, while great to use, usually come with a price tag. With that in mind, we're looking at a free CMS service – Branchbob. Fast forward to today, and Branchbob now services over 150 countries! Branchbob Review: Customer Payment Methods . There are tons of payment methods you can offer customers.

eCommerce Platforms 210

eCommerce Platforms Merchant Services eCommerce Payment Services 210