article thumbnail

Walgreens Moves Into Financial Services With Credit Card Launch

Retail TouchPoints

In partnership with Synchrony and Mastercard , Walgreens is expanding its financial services offerings. The credit cards will closely connect with Walgreens’ new myWalgreens customer loyalty program, which launched in November 2020.

article thumbnail

Cash Handling Procedures in Retail: The Ultimate Guide To Protecting Your Money

Korona

Although cash transactions declined globally by 16% in 2020 , with a 24% drop in the United States, McKinsey suggests that cash payments will rebound following the changes from the pandemic. A good point of sale system does not allow cashiers to perform this action without specific authorization, which reduces employee theft.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Best Retail POS Systems for 2020

Ecommerce Platforms

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. In a nutshell, therefore, most retailers are now trying to improve their point of sale systems. 9 Best Retail POS Systems In 2020. #1: Reporting and Analytics.

POS 118
article thumbnail

Best POS Systems for Retail 2020

Ecommerce Platforms

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. In a nutshell, therefore, most retailers are now trying to improve their point of sale systems. 9 Best Retail POS Systems In 2020. #1: Reporting and Analytics.

POS 104
article thumbnail

BNPL: Multiple Growth Opportunities Despite Rumblings About Regulation

Retail TouchPoints

Buy now, pay later (BNPL) was the trendiest way to pay for all those lockdown purchases back in 2020. Also known as pay-over-time or pay-in-4 installment plans, BNPL offers consumers the chance to split up the cost of major purchases directly at the point of sale. with late payments, fees, etc.]. Then I can see a change coming.

article thumbnail

Square’s Proposed $29B Afterpay Acquisition Shines a Brighter Spotlight on BNPL

Retail TouchPoints

Afterpay VP of Retail Alex Fisher discussed the company’s roadmap during a 2020 Retail Remix podcast.]. The deal is a window into how investors see financial services panning out,” Schwartz added. BNPL slices the cost of the checkout basket into a few bite-size payments spread over a few months.

article thumbnail

How Coronavirus (COVID-19) Is Impacting Ecommerce [August 2021]

ROI Revolution

Published March 12, 2020. Visa found that 53% of consumers were spending more in June 2021 than in June 2020. Last month marked the ninth month in a row of total retail sales growth as the world recovers from a pandemic that led to total retail sales declining 10.5% this year while non-ecommerce sales will see 2.2%

eCommerce 197