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‘Cash or Card?’: Why More Financing Choices Drive Consumers’ Decisions on Which Retailers to Shop

Retail TouchPoints

A recent study of more than 4,700 consumers from Bread Financial indicates payment choices — including retail store credit cards, bank branded credit cards and buy now, pay later (BNPL) — at checkout have become a major factor in pleasing shoppers and closing a sale. It goes without saying that great service is important.

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Unlocking Commerce: The Win-Win of Dynamic Currency Conversion

Retail TouchPoints

DCC is an optional service offered at the point of sale, allowing customers to view the cost of their purchases in their home currency. Consumers, on the other hand, should compare rates at the point of sale with those provided by their card issuer to ensure they are getting a good deal. Benefits for Retailers 1.

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Buy Now, Pay Later: Risks and Rewards

Retail TouchPoints

Which is great news for consumers who are unabashed fans of buy now, pay later, also called BNPL. Also known as a point-of-sale loan, BNPL splits a purchase into multiple equal payments, with the first payment usually due at checkout and subsequent payments billed to a credit or debit card. trillion by 2030.

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Study Forecasts Accelerated Adoption of Digital Wallets and Buy Now, Pay Later

Retail TouchPoints

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. I think more consumers, particularly millennials and Gen Z, are aware of the ability to pay with their wallet, so those two are big drivers. of ecommerce spend.

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Card payments in Singapore to grow by 8% in 2022, says GlobalData

365 Retail

in 2021, supported by government’s stimulus program and nationwide vaccination rollout. However, with gradual recovery in economy, card payments are expected to rebound strongly in 2021 with an estimated 9.9% between 2021-2025 to reach S$127.6bn ($96.6bn) in 2025. growth to reach S$100.6bn ($76.1bn).

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The Best Payment Gateways for Shopify: 10 Options for 2021

Ecommerce Platforms

Collecting your money and transferring it to your own bank account is quick and simple, usually only taking one or two days. of all sales plus $0.30 per sale back to Stripe. Stripe also ahs a small fee for accessing instant payouts to your bank account. You even get fraud and account takeover protection. Best features ?.

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The Ultimate Sezzle Review (Dec 2021): A Pay Later Service for Online Shopping

Ecommerce Platforms

For shoppers in Canada and the United States, this can be a debit card or credit card, or bank account. Ecommerce merchants pay transaction fees on every purchase irrespective of the service or bank they do business with. The customer should have an email address. Sezzle also won't check your customer's FICO score for evaluation.