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Payments in 2021: What Lies Ahead After the Digital Boom

Retail TouchPoints

It has been a year of momentous change for the payments industry. For instance, cash usage waned even further this year amongst fears around the pandemic, leading to a coin shortage across the country that had many merchants pointing consumers to digital payments if they lack exact change.

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How to Make Money From OTT Platforms and Video on Demand

Kissmetrics

The primary reason for this unusual name, over-the-top, is because it goes over the tops of traditional media distribution channels and distributes content directly to the consumer via an internet connection. As a result, you could monetize your brand faster and easier via VOD. Monetizing VOD. M onetizing OTT Advertising.

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

Retail TouchPoints

These consumers are using digital channels and experiences to discover and engage with once out-of-reach luxury brands. Members can book watches in advance and choose payment methods such as interest-free installments.

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9 Crucial Headless Commerce Trends to Watch In 2023

GetElastic

With headless commerce, the front-end and back-end of an eCommerce platform are separated, allowing businesses to customize the presentation layer and integrate with other technologies more easily. eCommerce Microservices Overall eCommerce revenues are expected to reach $7.5 trillion by 2025.

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June 2021 COVID-19 + Ecommerce News Roundup

ROI Revolution

yearly growth until 2025, and ecommerce will eventually see slight declines in growth. By 2025, brick-and-mortar sales will experience a weak 0.9% Claim your copy so you can profit off of this channel’s meteoric rise. Amazon shoppers who buy from a small business before June 20 will also get a $10 Prime Day credit.

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How adding services to your products can propel your company growth?

GetElastic

As Gartner aims to prepare application leaders for the accelerated shift towards digital, they predict that, “ By 2024, leading commerce organizations will generate 10% of online revenue from services attached to physical products.”. Payment services. Subscription based models are at the center of recurring revenue in eCommerce.

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What retailers can learn from the 2021 holiday shopping season

Kibo

Consumers embrace BNPL and other payment options. Consumers also embraced the use of digital wallets, QR-code payments, and digital invoicing for B2B purchases. In their 2022 Commerce and Payments Report , Global Payments notes that: 4.4 QR-code payment users will reach 2.2 billion by 2025. million U.S.