Retail Technology Review

JULY 7, 6200

A new study from Juniper Research has found that merchant losses to online payment fraud will exceed $206 billion cumulatively for the period between 2021 and 2025.

Merchant Services 133

Merchant Services Internet Retail Retail 133

Retail TouchPoints

APRIL 27, 2021

The economic fallout from the COVID-19 pandemic accelerated demand for buy now, pay later (BNPL) payment options. Research by The Ascent showed that among people who have used a BNPL service, 45% first did so in 2019, 21% first did so in 2020, and only 7% had used a BNPL service prior to 2015.

Merchant Services 130

Merchant Services Payment Services Payments Consumer 130

365 Retail

MAY 17, 2022

Axerve, Payment Partner to Grow, specialising in creating accessible and frictionless payment solutions for Ecommerce and physical sales, today announces the release of a new white paper, ‘ New technologies and trends in digital payments in 2022 ’. billion in fees, labour, and lost business in 2020.

Merchant Services 104

Merchant Services White Paper Payment Services Multi-channel 104

Retail TouchPoints

OCTOBER 19, 2022

As economic pressures and living costs surge, more people than ever are considering using point-of-service (POS) finance — such as buy now, pay later and installment loans — to manage their cashflow. What Increased Regulation will Mean for Consumers and Retailers. Going Above and Beyond to Provide Responsible Lending.

POS 234

POS Merchant Services Payment Services Payments 234

Retail TouchPoints

AUGUST 22, 2023

Amazon has relaunched its ground shipping services for sellers after pausing operations in 2020. Amazon Shipping will provide delivery service within the U.S. Postal Service “to fully cover all delivery destinations,” according to the website, and will position Amazon as a direct competitor to FedEx and UPS.

Shipping Costs 237

Shipping Costs Merchant Services Shipping Fulfillment 237

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

Retail TouchPoints

JULY 8, 2022

In an increasingly competitive marketplace, retailers are now facing the challenge of capturing and maintaining market share and keeping their customers loyal. The good news is that since its global popularization in 2020, Buy Now Pay Later (BNPL) has become a real game-changer for merchants looking to boost their business.

Merchant Services 263

Merchant Services Payment Services Payments Point of Sale 263

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 220

Merchant Services Payment Services Payments Small Business Retail 220

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 279

Merchant Services Payment Services Fashion eCommerce 279

Retail TouchPoints

JANUARY 26, 2022

Merchants in particular had to quickly shift from in-store sales to online and learn how to accept payments digitally. Concurrently, the summer of 2020 brought the highest number of new business applications in the past 15 years, and this trend has continued, with Americans filing a record 1.4 Who is Behind Fraudulent Activity?

Merchant Services 272

Merchant Services Payment Services Payments Shipping Costs 272

Retail TouchPoints

MARCH 23, 2021

Users go through a brief onboarding where they indicate their tastes and preferences and are then presented with their “own digital mall” featuring brands that align with their interests. The Yahoo Shops marketplace will feature a personalized digital storefront.

Merchant Services 348

Merchant Services eCommerce Payment Services Presentation 348

Retail TouchPoints

APRIL 21, 2021

The pandemic accelerated not just ecommerce but also digital payment methods: digital wallets reached 29.3% ecommerce share in 2020, up from 23.7% 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.

Merchant Services 298

Merchant Services Payment Services POS eCommerce 298

Retail TouchPoints

MAY 24, 2021

In another sign of the global growth of buy now, pay later services, Zip Co Ltd. These latest acquisitions follow Zip’s purchase of Quadpay in September 2020. Twisto holds a European Payment Institution license, enabling the provision of payment serves across all EU member states, subject to regulatory consents.

Merchant Services 260

Merchant Services Payment Services Fulfillment eCommerce Marketing 260

Ecommerce Platforms

JANUARY 13, 2020

So far, both Printful and Printify stand as the two biggest print-on-demand services. But before we share deep insights on these services, let’s first define what print-on-demand entails. . It’s easier to create an income stream since you don’t have to deal with the fulfillment process. . To brief you up. How Printful works.

Merchant Services 212

Merchant Services Payment Services Shipping Costs Fulfillment 212

Ecommerce Platforms

JANUARY 6, 2022

Accepting all forms of payments, whether that’s buy now pay later, recurring bills, or just a one off lump sum, etc., Depending on which payment processors and providers you use, this simple service could cost your business considerably as the transactions roll in. is imperative to so many eCommerce brands.

Payment Services 211

Payment Services Merchant Services Payments Document 211

Retail TouchPoints

NOVEMBER 11, 2020

When the pandemic began to take shape last spring, many organizations were forced to hastily restructure their retail operations. Brick-and-mortar stores quickly set up online shops, and organizations offered new services such as online checkout, payout or purchasing options. Others have plans to make these changes.

Merchant Services 167

Merchant Services Retail POS Presentation 167

RTP blog

AUGUST 31, 2018

However, thanks to recent payment technology breakthroughs, merchants have access to the tools they need to not only survive in today’s business environment, but thrive. Acceptance SMBs need to be empowered to accept emerging payment apps and methods since a growing number of consumers demand the option to use these features in-store.

Merchant Services 150

Merchant Services Payment Services Small Business Retail Retail 150

Retail TouchPoints

MAY 21, 2021

The adoption of subscription-based services and digital goods purchases were on the rise well before COVID-19 hit. Blue Apron, Freshly and HelloFresh are among the businesses that saw a flood of new customers in 2020; and. There are subscription shopping services now available too. The average U.S.

Subscription 279

Subscription Merchant Services Shipping Costs Food and Beverages 279

Ecommerce Platforms

NOVEMBER 12, 2020

Rather than having to carry your wallet, credit card, and debit card wherever you go, you can use your google pay app as your payment method. This gives modern merchants more flexibility when it comes to offering customers the payment options they want most. In-store and in-app online payments. What is Google Pay?

Merchant Services 104

Merchant Services Payment Services Banking PayPal 104

BigCommerce

DECEMBER 19, 2017

Digital commerce continues to be top of mind for online retailers. Retailers continually optimize their sales channels to deliver more seamless consumer experiences. This risk for mid-sized merchants could be caused by two factors. New Payment Methods, New Fraudulent Activity. ecommerce market by 2020.

Merchant Services 337

Merchant Services Presentation Payments Payment Services 337

Retail TouchPoints

JANUARY 3, 2022

of all holiday retail revenue and representing an 11.3% The exponential growth happening across the ecommerce landscape translates to major gains for online retail brands. Transmit Security’s own research found that 55% of consumers have left a website because the login process was too complicated. The Real Cost of Passwords.

Merchant Services 278

Merchant Services Customer Retail Customer Experience 278

Retail TouchPoints

JANUARY 5, 2021

Preliminary holiday 2020 results have proven unsurprising so far: analysts expect modest year-over-year growth fueled by a massive increase in ecommerce activity across a longer-than-usual season. Retail sales grew 3% during the extended holiday season (Oct. 24, 2020), or 2.4% 11 through Dec. during the traditional Nov.

Shipping Costs 282

Shipping Costs Merchant Services Retail Electronics 282

Retail TouchPoints

MAY 2, 2023

The retailer started closing 250 locations earlier this year, pursuant to its plan to exit Chapter 11 with a much smaller footprint, and began the process of shuttering the remaining locations on May 1. Tuesday Morning operated fewer than 500 stores when it made its latest bankruptcy filing in February, which was the second since 2020.

Operations 234

Operations Merchant Services Gifts Management 234

Ecommerce Platforms

DECEMBER 30, 2020

Consumer preference for pay-over-time services like Affirm for financing their purchases quadrupled between 2018 and 2019. Affirm’s 2020 survey predicts that 54% of US consumers will pay over time for their purchases in 2021. And still subject to credit card services’ high rates, hidden fees, and penalties. What is Affirm?

Merchant Services 104

Merchant Services Payment Services POS Banking 104

Ecommerce Platforms

OCTOBER 15, 2020

Afterpay is a new financing solution for clothing retailers and their customers. It provides shoppers some much-needed wriggle room with its buy-now, pay-later service. Is this payment service too good to be true, or is it just another way to fall into debt? Afterpay Review: Afterpay's Four-Part Process.

Merchant Services 118

Merchant Services Payment Services Payments Shipping Costs 118

Teamwork Retail

JUNE 24, 2020

With EMV or “Chip cards” processing times take on average 17-25 seconds, with poorly configured terminals taking up to 70 seconds. The lengthy processing times of EMV are longer than magstripe, on the surface this “innovation” feels like a step backwards. What can be faster than a simple tap on a card processing device.

Payment Services 48

Payment Services Merchant Services Payments Point of Sale 48

365 Retail

OCTOBER 5, 2023

iwoca , one of Europe’s largest small business lenders, today announces the integration of its B2B payment solution iwocaPay with leading commerce platform, Shopify. The move will allow Shopify’s B2B retailers to embed iwocaPay, the B2B trade credit solution, into their ecommerce checkouts.

Payment Services 109

Payment Services Merchant Services Shopify B2B 109

Retail TouchPoints

AUGUST 8, 2022

Data backs this up as well: A study from the global professional services firm Alvarez & Marsal found that 44% of consumers tried a new beauty brand because of promotions and/or discounts last year, up from 25% in 2020. If the customer is subscribed to five products, then they might receive a 20% discount.

Merchant Services 259

Merchant Services Subscription Shipping Costs Gifts 259

SellBrite

SEPTEMBER 29, 2020

A complicated checkout process. Compare that to a customer going to your store, adding a product to their cart, creating an account, and navigating the checkout process. But familiarity with site badges and payment methods increase buyer confidence. retailers by the end of the year. Sign up for a Merchant Center account.

Merchant Services 106

Merchant Services Payment Services Shipping Costs PayPal 106

Retail TouchPoints

OCTOBER 29, 2020

It has been widely reported that the Covid-19 pandemic has led to a boom in online retail. As online activity has increased during the pandemic, online fraud has too, and fraudsters are poised to wipe out a big chunk of merchant profits by posing as legitimate customers. Who’s Really Making That Curbside Pickup?

Shipping Costs 154

Shipping Costs Merchant Services Shipping Information 154

Ecommerce Platforms

NOVEMBER 27, 2019

Both of these tools are market leaders in the payment industry, with features that have transformed the way that we pay for the things that we need. What's more, both Stripe and Square are on the cutting edge of payment technology, giving businesses access to more efficient and reliable ways of accepting and managing their transactions.

Payment Services 104

Payment Services Merchant Services Payments POS 104

Ecommerce Platforms

JANUARY 25, 2022

In this collaboration, JD has offered a particular boarding channel, JD Marketplace, simplifying entry to the Chinese market for Shopify merchants. By joining forces, these two companies have created a new ecommerce channel, opening up the world's biggest market for millions of merchants. The market is gigantic and complex.

Merchant Services 118

Merchant Services Shopify eCommerce Marketing 118

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 305

Merchant Services Payment Services eCommerce Shopify 305

Retail TouchPoints

DECEMBER 3, 2021

Technological innovations have optimized and enhanced almost all areas of the retail organization, from marketing to fulfillment, but the process of bringing products to market has been markedly slower to advance. Distribution is No Longer Destiny.

Consumer 264

Consumer Merchant Services Retail Social Media 264

Retail TouchPoints

JULY 22, 2022

Uber is expanding Uber Eats’ services with new features such as the ability to place orders when grocery stores aren’t open for later delivery, live tracking of orders from store to door and easier product replacements. The upgrades are aimed at benefiting retailers as well as customers. “By and Costco.

Customer Experience 265

Customer Experience Merchant Services Customer Improvements 265

Ecommerce Platforms

JULY 14, 2020

And many small to medium-sized operators have found a solution to help them achieve exactly that… In May 2020 San Francisco-based payment giant, Square, launched a new service called Square Online Checkout. The quality of its customer service. Small retailers who may not have an online store.

Payment Services 104

Payment Services Merchant Services Shipping Costs Subscription 104

Retail TouchPoints

JULY 10, 2020

The retail industry is changing, fast. In fact, 2019 showed great progress for e-Commerce to close the gap in total market share of sales compared to brick-and-mortar retail. As well, many unknowns about pending legislation and its effect on merchants around the world can cause some anxiety for those in the industry.

eCommerce 156

eCommerce Merchant Services Retail Customer Experience 156