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#RSP22: Everything You Need to Know About Holiday 2022

Retail TouchPoints

But despite the rush, retailers still have multiple opportunities to maximize both in-store sales and online conversions. Mastercard Spending Data Reveals 4 Key Takeaways for Holiday 2022. McNamara spotlighted a surge in promotional activities in July 2022 that marked the official kickoff of the back-to-school season.

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Contactless Voice Payment Technology: A Retail Strategy for Bringing Customers Back In-Store

Retail TouchPoints

In particular, consumer expectations for contactless payment methods as a result of health and safety concerns during the pandemic are galvanizing retailers to integrate flexible, contactless payment options like voice payment technologies into their operations. in April 2020, but online retailers saw an 8.4%

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With Growth Top-of-Mind, Luxury Brands Focus on Digital Goods and Virtual Experiences

Retail TouchPoints

Macroeconomic forces — from inflation to corporate layoffs and the unknown impacts of a recession — are creating uncertainty throughout the retail industry. For example, the brand “hired” Noah, Alibaba’s fashion virtual idol, to host a livestream in September 2022, and nearly quadrupled its daily gross merchandise value.

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Serial Returners and Refund Fraudsters: How Brands are Fighting Back With Data Insight

Retail TouchPoints

Online return fraud cost U.S. retailers $22.8 billion in 2022. retailers lose $10.40 Signifyd data shows that there was a 35% increase in false claims that an item never arrived in 2022 in Europe, and a 68% increase in false claims about the condition of a product. to return fraud, the NRF has calculated.

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eCommerce and Cryptocurrency: Helping SMBs Navigate a Changing Payment Landscape

Korona

Whether you buy into its viability in 2022 or not, it’s becoming clearer every day that crypto is here to stay. Major brands such as Home Depot and Microsoft have begun accepting crypto as part of their eCommerce payment options. Also, processors like Paypal now have crypto gateways accepting many different coins.

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Passkeys: A Trifecta of Benefits for Easier and Safer Online Shopping

Retail TouchPoints

The importance of efficient and secure online retail experiences is more crucial than ever. Retailers face the challenge of not only attracting customers but also ensuring their online journey is seamless and secure. Maximized Revenue and Reduced Expenses It’s a simple equation — users who can’t log in, can’t check out.

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Top 11 Shopping Cart Abandonment Reasons for 2022 with Resolutions

Algopix

It’s already 2022. Still, cart abandonment remains a major problem among most eCommerce businesses. The travel sector tops at 87.08% followed by the fashion industry (84.43%) and the retail sector (77.01%). Then, and only then, will you address the problems in your checkout process to boost your sales. Website Error.