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Visa, Mastercard Settlement Represents Major Victory in Merchants’ Fight Against Swipe Fees

Retail TouchPoints

merchants worth an estimated $30 billion that will lower the interchange fees (commonly referred to as swipe fees) that merchants are charged when customers use credit or debit cards. Additionally, the settlement provides funding for new programs to educate small businesses about payment acceptance options and how to best manage costs.

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7 Banks Team Up to Create Digital Wallet, Challenging PayPal and Apple Pay

Retail TouchPoints

The digital wallet will be managed by Early Warning Services (EWS) , the company that operates Zelle, but will operate separately from Zelle. The other four owners in the EWS/Zelle venture include Capital One Financial , PNC Financial Services Group , U.S. By 2025, digital wallets are expected to account for 52.5%

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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. Years of transformation transpired in just a few months with rapid shifts in both consumer behaviors and merchant expectations for e-commerce. And how will permanently altered consumer behaviors shape online payment preferences?

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Starbucks Names First North America CEO, Doubles Green Store Count as Growth Push Continues

Retail TouchPoints

Instead, each geographic CEO will have regional marketing support, while two new global positions have been added: Lyne Castonguay will join Starbucks in the newly created position of EVP, Chief Merchant and Product Officer , and a Global Brand Creative leader will soon be appointed, with both positions reporting to Narasimhan.

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Signifyd Raises an Additional $205 Million, Eyes Further Expansion in Latin America

Retail TouchPoints

The funding will be used to expand the Signifyd Commerce Protection Platform and identity graph globally across digital shopping and payments. Signifyd has received $205 million in Series E growth equity financing that values the company at $1.34

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5 Real-World Ways 5G Will Transform Retail

Retail TouchPoints

There are an almost infinite number of answers, but the long and the short of it is that 5G will enable merchants to perform intricate digital tasks faster and on a much larger scale. “5G This often goes hand-in-hand with cloud computing (data processing that happens in the cloud as opposed to servers on site). “5G

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Printful vs Printify: The Ultimate Print-on-Demand Services Comparison in 2020

Ecommerce Platforms

Data-backed numbers show that the custom T-shirt printing niche alone is expected to hit $10 billion by 2025. . 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. . To brief you up.