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Why Backend Orchestration is the True Payment Experience Unlock

Retail TouchPoints

“Too many friction points all along the customer journey is a big pain point for consumers, and certainly the checkout or transaction moment plays a part in that friction,” said Margot Juros, Research Director for Retail Technology Strategies at market intelligence and advisory firm IDC in an interview with Retail TouchPoints.

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Tech Trends Shaping Retail: From AI to Blockchain

365 Retail

Innovations in retail technology are driving growth and redefining the shopping experience. As retail sectors evolve, technology continues to play a pivotal role in shaping business strategies and enhancing customer satisfaction. Stay tuned as we explore the key technologies that are setting new standards in the retail industry.

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Everything You Need to Know About Bitcoin and Blockchain in Ecommerce

Ecommerce Platforms

But now it’s shifting towards bitcoins and digital currencies. Digital currencies are the future of ecommerce. Local currencies couldn’t be converted to bitcoin easily and, as a result, no retailer would even think of accepting bitcoins as payment. Blockchain is the name of the technology powering bitcoin.

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How NFTs Can Fight Fraud and Increase Customer Loyalty

Omnisend

All the systems that we are familiar with, are centralized—whether that’s the government, the banks, or various other institutions. An example of a receipt a customer would receive (here for a coffee cup). How NFTs can impact customer reward and loyalty strategies. The move to “phygital”. Chicago Bears hologram.

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Trends Analysis: Why Cryptocurrency May Still Be Important for eCommerce

ESW

There’s a bigger discussion about what crypto — and the blockchain technology behind it — can do for the entire eCommerce sector. Digital currencies like Bitcoin are helping both private users and online merchants to experience a whole new world of monetary exchange with complete ease,” eCommerce consultant Darshit Parmar writes.

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Digital Wallets and Cryptocurrency: DTC Brands Must Prepare for the Future of Money

ESW

The question has as much to do with other forms of digital payment processes as it does with cryptocurrency itself. Certainly, the dominant payment methods, credit cards and bank cards, are 40-year-old technologies. Financial technology, or fintech, is one of the fastest-growing industries in the world right now.

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Retail Trends: Going Cashless

OrderDynamics

Last summer in the Nordics, I was shocked to go into a cashless bank. After completing a bank account transaction, they could not provide cash for my daily spending. Many banks in Finland and Sweden are now cash free. On the rise too, is the flexibility that customers want to use multiple payment methods for an order.