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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. Swipe fees typically include small, fixed fees plus a percentage of the total sale amounts and average about 1.5%

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How Inflation Is Affecting Retail Businesses?

Korona

The rate at which purchasing power declines can be represented by the average price increase of a selected set of goods and services over some time. . Thus, when everyday goods and services prices rise, consumers’ money earned and saved is worth less than before. Less Consumer Demand.

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POST COVID-19 Outlook on Sporting Goods Industry & Market Trends: The Good, The Bad and The Greatest Opportunities Ahead

RETAIL MANAGEMENT SOFTWARE

Over the next five years towards 2025 , according to IBISWorld’s analysts’ early forecasts the sports participation was expected to spur the pent-up demand for Sporting Goods and supplies. While quarantine and lockdown left some merchants gasping for air other specialty stores like bicycle stores went on fire as sales skyrocketed.

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BNPL: Multiple Growth Opportunities Despite Rumblings About Regulation

Retail TouchPoints

Also known as pay-over-time or pay-in-4 installment plans, BNPL offers consumers the chance to split up the cost of major purchases directly at the point of sale. Most buy now, pay later offers are interest- and fee-free, unless customers miss a payment. In fact, 50% of U.S

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What is Apple Pay and How Does it Work?

Ecommerce Platforms

In today's increasingly digitized world, where mobile shopping is the norm, we’re spoiled for payment options. After all, most of us have our phones on us at all times, making mobile payments a quick and convenient way of processing transactions. As you probably already know, Apple Pay is Apple’s mobile payment service.

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How seamless eCommerce integration drives omnichannel success

iVend

Currently 18% of all shopping is ecommerce*, and this is forecast to increase to almost 25% by 2025*. trillion** by 2025. For that to happen, you need a retail management solution that encompasses every channel and every form of engagement. The global ecommerce market in 2023 is worth $5.5 trillion (USD) and is set to reach$ 8.1

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How seamless integration drives omnichannel success

iVend

Currently 18% of all shopping is ecommerce*, and this is forecast to increase to almost 25% by 2025*. trillion** by 2025. For that to happen, you need a retail management solution that encompasses every channel and every form of engagement. The global ecommerce market in 2023 is worth $5.5 trillion (USD) and is set to reach$ 8.1