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Unlocking Commerce: The Win-Win of Dynamic Currency Conversion

Retail TouchPoints

This facility enables merchants to offer their international consumers a simple and transparent service that suits customers’ needs, while simultaneously supplementing their margin through additional fees without incurring any extra charges. This eliminates the need for costly and time-consuming infrastructure upgrades.

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Consumers and Merchants Should Look Before They Leap into BNPL Services

Retail TouchPoints

As the popularity of BNPL increases, it is important for consumers and merchants to weigh the benefits and the drawbacks of using/offering these payment options. BNPL services allow consumers to buy and take home their purchases on the spot, without having to wait until products are paid off to receive them. A survey by cardify.ai

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3 Ways SMBs Can Deliver a More Personalized Shipping Experience

Retail TouchPoints

With consumers feeling increasingly worried about missing and damaged packages, SMB retailers that adopt personalization methods — from real-time package tracking and multiple delivery options to an omnichannel ecommerce approach — can improve both their bottom line and provide peace of mind for consumers.

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ClearSale Review: Will It Protect You From Fraudulent Refund Claims?

Ecommerce Platforms

Since merchants and consumers are increasingly moving their activities online, the global online retail market now accounts for nearly 20% of all retail sales. For the uninitiated, friendly fraud is when a consumer intentionally makes an online purchase on a debit or credit card, which they later dispute with their bank.

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Consumer spending has fueled inflation

RetailWire

Consumer demand for all types of products accounted for 60 percent of inflation in the U.S. between 2019 and 2021, according to researchers at the Federal Reserve Bank of New York, the University of Maryland and Harvard University.

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Cryptocurrencies are the Future of Payments: Here is How Merchants Fit In

Retail TouchPoints

With banks and credit card companies warming up to the idea of Bitcoin trading and crypto rewards on card transactions, are they really extending the benefits of crypto to merchants, or is this just a play to get consumers to buy into a shiny new card that looks different but acts very much the same? This is where blockchain comes in.

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eBay, Etsy, Poshmark Marketplace Coalition Calls Anti-Counterfeiting Bill a Threat to Sellers’ Privacy

Retail TouchPoints

A group of online marketplaces including eBay , Etsy , Poshmark , Mercari and OfferUp have banded together to highlight what they feel are oversights in the proposed INFORM Consumers Act — which is aimed at cracking down on the sale of stolen and counterfeit products online — and other similar legislation in states around the country.