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Where Payment Processing Systems Are Headed In 2020

RTP blog

Payment processing is complex. However, payment technology is perhaps the best it’s ever been. FinTech companies and customer expectations are shaping the future of payment processing. Here’s what you can expect in 2020. Better Payment Security Credit card fraud is on the decline. their payments.

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Digital Commerce and the Threat of Card-not-present Fraud

BigCommerce

Some estimates project that global ecommerce sales will reach $4 trillion by the year 2020. Mobile payments are also making an increasing impact. This shift to mobile is pushed along with the ever expanding list of payments-enabled devices. ecommerce market by 2020. Take digital commerce, for example.

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What’s in Store for Grocery in 2022?

Retail TouchPoints

In 2022, we should see more and more of them using touchless checkout in-store and mobile payment systems like Apple Pay, Google Pay and Venmo across channels. If 2020 was online grocery’s “debutante party,” then 2022 might be viewed as its genuine coming of age.

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How To Leverage M-Commerce For Your Retail Business

RetailMinded

With the advent of technology, business owners are now aligning their companies towards changing trends. For example, retail businesses now integrate omnichannel strategies like M-commerce or mobile commerce to enable mobile shopping. Accept Mobile Payments. Also, it facilitates better personalization.

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Target Expands Contactless Checkout and Pickup Options to Enhance Safety During the Holidays

Retail TouchPoints

Target is rolling out multiple initiatives aimed at improving in-store safety during the holiday season, including contactless self-checkout, skip-the-line technology and doubling the number of contactless pickup parking spots.

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You Just Experienced your First Chargeback. Now What?

Retail TouchPoints

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

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7 Brands Discuss the Benefits of the New Cashless Economy and Apple Pay’s Growing Ubiquity

BigCommerce

Technology is restructuring how money moves. From crypto-currencies to peer-topper payments and one-click checkouts, modern innovations are shifting the basic payment infrastructure of our economy. 2020: 90% of smartphone users will have made a mobile payment. ?. And the wallet is its next target.