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‘Cash or Card?’: Why More Financing Choices Drive Consumers’ Decisions on Which Retailers to Shop

Retail TouchPoints

The customer experience is paramount to the success of today’s retailers. A recent study of more than 4,700 consumers from Bread Financial indicates payment choices — including retail store credit cards, bank branded credit cards and buy now, pay later (BNPL) — at checkout have become a major factor in pleasing shoppers and closing a sale.

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Retailers Must Embrace Financial Services, and Quickly

Retail TouchPoints

Retailers know that customer engagement must be the focus of their marketing efforts. The only problem is, for many retailers, the idea of becoming involved in the financial transaction part of the journey is a leap too far. Its simplicity works for the retailer and customer alike.

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Three Requirements For Successful Retailers Post-Pandemic

Retail TouchPoints

The global pandemic has accelerated the pace of change for the retail industry at a rate we have never before seen. E-Commerce spending has grown by more than 30% , cementing consumer expectations for flexibility, choice and convenience. As we move forward, these capabilities are critical for all retailers: Accept Contactless Payments.

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How To Accept ACH Payments For Your Small Business: Everything You Need To Know

Korona

Automated Clearing House (ACH) payments are direct bank transfers of payments between people and businesses. ACH transfers are electronic, bank-to-bank money transfers processed through the Automated Clearing House network. Payments can be accepted through a bank or a TPPP, or third-party payment processor.

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Whose Most Secure: PayPal Vs. Square

RetailMinded

Small business owners often have to deal with payment processing. Square was famous for its in-person sales processing, where the use of mobile card readers was the primary source of transactions. It deals in hardware and software products aimed at the business of all sizes for instant payment processing. .

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Square for Retail Review (2019) – Everything You Need to Know

Ecommerce Platforms

Square is one of the best-known solutions in the world for small business eCommerce, mobile selling, and backend business management. For instance, if you run a specific kind of business, Square can give you a software solution that's been tailor-made to suit your needs. What is Square for Retail? Custom reporting.

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How Much Does It Cost To Open a Retail Store?

Korona

The actual costs of opening a retail store vary depending on the type of retail business you want to start, the size of the store, and, last but not least, the location. However, according to vlogger and boutique owner Alli Schultz, the initial startup costs for opening a retail store can average up to $48,000.