Retail TouchPoints

APRIL 5, 2023

Buy Now, Pay Later ( BNPL ) solutions have exploded in popularity, with a staggering growth rate of 1000% since 2019. So far, this payment method has made it easy for millions to purchase nice-to-have items such as the latest iPhone, trendy sofas, designer handbags and stylish clothes without paying in full upfront.

Merchant Services 248

Merchant Services Payment Services Banking Retail 248

RTP blog

MAY 31, 2019

By Ro Bhatia, LimeLight The payments industry is transforming. Open technology and regulations mean consumers have more options for payments and banking. Here are four trends that are revamping how the payments industry affects retailers and consumers alike: 1. Brands big and small are jumping on board.

Merchant Services 150

Merchant Services Payment Services Banking PayPal 150

Retail TouchPoints

APRIL 5, 2021

It has been a year of momentous change for the payments industry. Years of transformation transpired in just a few months with rapid shifts in both consumer behaviors and merchant expectations for e-commerce. And how will permanently altered consumer behaviors shape online payment preferences?

Merchant Services 193

Merchant Services Payment Services Payments eCommerce 193

Retail TouchPoints

SEPTEMBER 15, 2021

PetSmart has joined the growing ranks of retailers offering buy now, pay later (BNPL) services through a new partnership with Afterpay. BNPL is quickly becoming a retail standard in the U.S., For PetSmart, BNPL is just the latest service expansion in an ongoing effort to create more convenient shopping experiences for customers.

Merchant Services 219

Merchant Services Payment Services PayPal Retail 219

Ecommerce Platforms

APRIL 5, 2019

Based in Amsterdam, Adyen is a merchant bank (aka “global payment company”) that lets companies accept point-of-sale (POS) payments, mobile payments, and eCommerce payments. Clients of Adyen payment solutions can accept money via just about any POS platform but are probably best known for being well-known.

Payment Services 134

Payment Services Merchant Services Payments POS 134

Retail TouchPoints

APRIL 23, 2021

Flexible payment provider Affirm is expanding its range of services to include the post-purchase experience with the acquisition of online returns solution Returnly for approximately $300 million. Retailers such as Walmart , Bonobos and Peloton currently use Affirm to offer customers flexible payment options such as Buy Now, Pay Later.

Merchant Services 278

Merchant Services Payment Services Fashion eCommerce 278

Retail TouchPoints

MAY 31, 2022

So what can retailers do with 5G? There are an almost infinite number of answers, but the long and the short of it is that 5G will enable merchants to perform intricate digital tasks faster and on a much larger scale. “5G Then in 2019, 5G entered the scene (in case you were wondering, 6G is predicted to arrive around 2030). “5G

Merchant Services 346

Merchant Services Retail Mobile Supplies 346

ESW

JANUARY 11, 2021

However, managing payments is so essential that large eCommerce brands typically outsource these financial, regulatory and chargeback concerns to a Merchant of Record (MoR). A Merchant of Record is an authorized entity that handles eCommerce transactions—and everything they involve—on your behalf.

Merchant Services 78

Merchant Services Payment Services Payments eCommerce 78

Korona

SEPTEMBER 30, 2021

Editor’s Note: This post was originally published in June 18, 2019 and has been revamped and updated for accuracy and comprehensiveness. Too often we speak with small business owners who underestimate the importance of finding the best credit card processing agreement. On average, businesses pay a processing fee of 1.5%

Payment Services 98

Payment Services Merchant Services Payments Small Business Retail 98

Retail TouchPoints

JULY 7, 2020

The global pandemic has accelerated the pace of change for the retail industry at a rate we have never before seen. While we shouldn’t expect online sales to remain at their peak levels when the safety risks of in-person shopping dissipate, merchants cannot hope to weather the storm and return to business as usual. Traditionally, U.S.

Merchant Services 198

Merchant Services Payment Services Payments Small Business Retail 198

Ecommerce Platforms

SEPTEMBER 24, 2020

However, in these PayPal reviews we're going to take a look at what PayPal has to offer for business credit card processing. Sure, you could utilize the system as a freelancer and collect payments for your services, but this is an entirely different type of transaction. Several plans and services are offered through PayPal.

PayPal 197

PayPal Merchant Services Payment Services Payments 197

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

RTP blog

FEBRUARY 22, 2019

By Monica Eaton-Cardone, Chargebacks911 NRF’s Big Show is the place to be every year for the latest insights and data in the retail sector. Based on what I observed, there a few key trends and predictions to watch for in digital retail in 2019: #1. Taking a hybrid automated/live approach to service is already a popular solution.

Online Retail 150

Online Retail Merchant Services Payment Services eCommerce 150

Retail TouchPoints

OCTOBER 21, 2021

The payments provider has worked to stay at the cutting edge of relevant trends, including the buy now, pay later (BNPL) services that are currently experiencing massive growth and are expected to surge during the holidays. Adding social media capabilities could further enhance PayPal’s offerings for retailers. “We

PayPal 247

PayPal Merchant Services Payment Services Payments 247

Retail TouchPoints

OCTOBER 14, 2020

As part of the virtual Retail Innovation Conference, Retail TouchPoints presented the winners of the 2020 Retail Innovator Awards (RIA) last night on a livestream celebration across its social platforms.

Merchant Services 253

Merchant Services Retail Supplies Travel 253

Retail TouchPoints

APRIL 21, 2021

The pandemic accelerated not just ecommerce but also digital payment methods: digital wallets reached 29.3% The wallets are expected to unseat credit cards as the preferred online payment method in the coming years, according to the FIS Global Payments Report 2021. share of ecommerce payments. of ecommerce spend.

Merchant Services 292

Merchant Services Payment Services POS eCommerce 292

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

DECEMBER 22, 2021

McDonald’s made headlines when it acquired the personalization solution provider Dynamic Yield in March 2019 for a reported $300 million. The SaaS platform uses AI to support more than 400 brands in industries including retail, financial services, travel and restaurants.

Merchant Services 235

Merchant Services Payment Services Financial Services Travel 235

Retail TouchPoints

JANUARY 14, 2022

Retailers around the world rely heavily on gift card purchases. retailers sold in November 2020 increased 25% year-over-year , with an additional increase of 106.1% Here’s some insight as to how merchants and consumers can avoid scams and gift card fraud: Consumer vs. Merchant. growth we saw in 2019.

Gifts 322

Gifts Merchant Services eCommerce Payments 322

Retail TouchPoints

NOVEMBER 4, 2020

In 2019 , the total market share of online U.S. retail sales surpassed general merchandise sales for the first time in history. Because of this ease, merchants have begun relying on POS financing to drive sales growth. According to McKinsey, merchants face up to 2.4X According to McKinsey, merchants face up to 2.4X

Merchant Services 315

Merchant Services Payment Services Payments POS 315

Ecommerce Platforms

JULY 25, 2019

We're all so used to flashing our phone for contactless payments, or simply handing over a piece of plastic whenever we need to make a purchase. In 2013, PayPal purchased the mobile payment service, Venmo, to help it take the next step into payment future. Protect payments with passcode, Face ID and Touch ID.

Merchant Services 91

Merchant Services Payment Services PayPal POS 91

Ecommerce Platforms

OCTOBER 4, 2022

In North America alone, false refund claims made to ecommerce retailers accounted for a staggering 29% of fraud losses in 2021. ClearSale is an ecommerce fraud prevention solution that assists merchants with tackling the growing risk of ecommerce-related fraud. This is a growth of over 14% from 2019!

Merchant Services 195

Merchant Services Payment Services Banking Payments 195

Retail TouchPoints

MAY 13, 2021

PayPal has acquired ecommerce returns solution Happy Returns as it continues to expand beyond payments, with the aim of becoming a “digital commerce enablement engine.” PayPal has been an investor in Happy Returns since 2019. Terms of the deal were not disclosed.

PayPal 156

PayPal Merchant Services Payment Services eCommerce 156

Ecommerce Platforms

MAY 14, 2019

The most probable answer to why you might be a little curious about Square's fees is the need to use a safe mobile payment method. If I want to handle payment processing with more precision, this is the first stopover before I do any sign-up. Is this the best payment processing alternative? No more, no less.

Merchant Services 144

Merchant Services Payment Services Payments Shipping Costs 144

Retail TouchPoints

AUGUST 3, 2020

Two retailers that have been on bankruptcy watch — Lord & Taylor and Tailored Brands — submitted their Chapter 11 filings on August 2. A joint venture of Hilco Merchant Resources and Gordon Brothers is conducting the liquidation. Store closing sales began at 19 of Lord & Taylor’s 38 locations that day.

Merchant Services 291

Merchant Services Payment Services eCommerce Clothing 291

Store Growers

JUNE 24, 2023

Last Updated on July 3, 2023 Ecommerce merchants are no strangers to using Google Merchant Center. This powerful platform lets merchants manage, modify, and adjust their ecommerce shops across Google’s various services, such as Google Shopping, Ads, My Business, etc. First, log in to Google Merchant Center.

Merchant Services 91

Merchant Services Shipping Costs Shipping eCommerce 91

Korona

MARCH 12, 2021

The POS and payment industries are both evolving rapidly. But a newer trend is emerging that should concern retailers and other small business owners. As of this publication, most POS software providers are now also payment processors. And many of these require that the POS user also sign up for their processing solution.

Payment Services 87

Payment Services Merchant Services Payments POS 87

Ecommerce Platforms

NOVEMBER 13, 2019

Square is one of the best-known companies in the payment processing world. Alongside brands like PayPal and Stripe , Square has earned a powerful reputation over the years, offering things like simple POS app systems, support for credit card transactions and immersive mobile payments. With solutions to suit almost any budget.

Merchant Services 131

Merchant Services Payment Services POS Payments 131

Ecommerce Platforms

OCTOBER 29, 2018

This Worldpay review evaluates the entire Worldpay payment ecosystem- it discusses its features, functionalities, pricing and possible drawbacks. Not so long ago, cards were at the center of digital payments. Now, let’s shift to mobile payments. It was the first payment service provider in this space.

Payment Services 91

Payment Services Merchant Services Payments POS 91

Retail TouchPoints

JUNE 15, 2022

Microsoft it is reportedly testing out a new retail marketplace in the U.S. Called “Buy Direct,” the third-party marketplace is being integrated into Bing’s existing ecommerce experience, Start Shopping, where consumers can find products and are then directed to a retailer’s website to make the purchase.

Merchant Services 298

Merchant Services Payment Services eCommerce Shopify 298

Ecommerce Platforms

JULY 8, 2019

Store management and payment processing – the two functions that pretty sum up what you should expect from a POS system. Therefore, while the numerous options trigger increased competition among providers, your selection process can be a bit overwhelming. The secret is using a structured selection process.

Point of Sale 169

Point of Sale POS Payment Services Merchant Services 169

365 Retail

MARCH 14, 2022

Online shoppers may find they need to confirm their identity more often when making payments from Monday, as changes to combat fraud come into force. The British Retail Consortium (BRC) said customers will be asked to prove their identity when making a purchase, by confirming two of three “factors”: 1.

Merchant Services 75

Merchant Services Payment Services Banking Mobile 75

Retail TouchPoints

JULY 7, 2020

Uber will launch a grocery delivery service through the Uber and Uber Eats app in partnership with the grocery delivery startup Cornershop. In 2019 Uber entered an agreement to acquire a majority stake in Cornershop, which was previously acquired by Walmart , in a deal expected to close in the coming days. later in July.

Merchant Services 183

Merchant Services Consumer Fulfillment 183

ESW

MAY 11, 2020

Debit and credit cards are now the most popular choice for consumers, but even these trusted payment methods are under threat. Electronic and mobile payment solutions are proliferating. Are mobile payment apps the future of online and in-store payments, or are they a bubble waiting to burst?

Mobile Payments 78

Mobile Payments Merchant Services Payment Services Mobile 78

Ecommerce Platforms

NOVEMBER 22, 2019

Square is probably one of the most popular and well-respected companies on the market when it comes to payment processing systems and tools. This modern tool accepts EMV chip cards, magnetic stripe cards, NFC contactless payment, and more. Accept a range of payment types. Square Terminal Pros and Cons.

Merchant Services 104

Merchant Services Payment Services POS Point of Sale 104

Retail TouchPoints

APRIL 29, 2022

Ecommerce returns are the new reality for retailers, but their rapid rise doesn’t have to crush conversion rates and profitability. On average, it costs $33, or 66%, of the price of a $50 item for retailers to process a return, up from 59% last year, Optoro estimates. . retailers, according to NRF.

Shipping Costs 291

Shipping Costs Merchant Services Customer Shipping Labels 291

Ecommerce Platforms

FEBRUARY 20, 2020

Brick and mortar stores are now increasingly seeking the best retail POS systems because run-of-the-mill point of sale solutions just don’t cut it anymore. According to a recent survey , retail executives now acknowledge the importance of modern point of sale systems in their businesses, and are exceedingly upgrading their POS solutions.

POS 118

POS Payment Services Merchant Services lightspeed 118