RetailMinded

OCTOBER 27, 2022

For example, retail businesses now integrate omnichannel strategies like M-commerce or mobile commerce to enable mobile shopping. Many consumers now rely on mobile devices to research products and services, make an order, and complete transactions. This allows you to deliver a better impression to consumers.

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Payment Services Mobile Payments Retail Mobile 98

RTP blog

SEPTEMBER 17, 2018

By Derek Peterson, Boingo Wireless A retail renaissance is upon us, driven by a shift in economics, competition and exponential advancement in technology, per a new report from Deloitte. Mobile has emerged as the crown jewel fueling the resurgence, as digital devices are now central to the in-store shopping experience.

Payment Services 150

Payment Services Retail Consumer Payments 150

365 Retail

MAY 1, 2024

The retail industry is undergoing a significant transformation. The digital revolution in retail is reshaping how we buy, sell, and interact with products and services. Consumers now have the luxury of browsing products from their homes. Mobile Payments and Checkout-Free Shopping The way we pay for goods is also changing.

Payment Services 52

Payment Services Mobile Payments Social Media eCommerce 52

RetailMinded

APRIL 7, 2022

After two decades, however, the millennial generation is beginning to slip into the annals of retail, a thing of the past, set to be replaced as the generation that preceded it. This group of consumers are prepared to shop wherever best suits them in the moment and without preference as to the vehicle they use to find what they want.

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Consumer Retail Omnichannel eCommerce 98

RTP blog

DECEMBER 30, 2019

And technology is one way to heighten security, both for FinTech companies and consumers. trillion biometrically secured transactions will take place annually via mobile devices. Mobile Payments On The Rise Already, 29% of American consumers would be content to pay with their smartphones all the time.

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Payment Services Merchant Services Cryptocurrencies Mobile Payments 195

RTP blog

SEPTEMBER 16, 2019

Other retailers quickly followed suit, adopting them as a promotional marketing tool. For retailers, the traditional plastic gift card is a massive missed opportunity. Once a card has been given, there is no way to promote, incentivize or measure consumer engagement. displayed the gift card in stores.

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Gifts Mobile Payments Retail Mobile 150

RTP blog

JUNE 5, 2017

By Nicole Bryan, Sterling Payment Technologies Given the rise in reported data breaches and credit card fraud concerns, it should come as no surprise that the shift to EMV and mobile payments has some shoppers wary. Credit card security is on the rise, and merchants need to let consumers know they’re protected.

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Payment Services Merchant Services Payments Consumer 150

RetailMinded

APRIL 3, 2024

For indie retailers, following changes in the world of retail is important. Plus, the numbers are on their side: global retail online sales reached 5.8 In 2024, two critical factors will demand your attention: Consumer Privacy Rights Act (CPRA) and operational efficiency. Let’s take a look at why they are so important.

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Payment Services Retail Mobile Payments Operations 52

Retail TouchPoints

JUNE 15, 2020

These consumer sentiments, along with the need to protect the health of both shoppers and store associates, means retailers need to be stringent about enforcing social distancing and other safety measures as they reopen. In fact, displaying an abundance of caution will be required to bring many consumers back into physical stores.

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eCommerce Consumer Retail Payment Services 137

UpSellIt

JULY 13, 2023

In today’s competitive landscape, embracing an omnichannel retail strategy has become essential for businesses to thrive. By seamlessly integrating multiple channels, retailers can provide a cohesive and personalized shopping experience for their customers. What is Omnichannel Retailing?

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Omnichannel Multichannel Payment Services Retail 101

BigCommerce

DECEMBER 19, 2017

Digital commerce continues to be top of mind for online retailers. Consumers shop more and more across a variety of devices and channels. Retailers continually optimize their sales channels to deliver more seamless consumer experiences. New Payment Methods, New Fraudulent Activity. trillion worldwide. Smartwatches.

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Merchant Services Presentation Payments Payment Services 337

Retail TouchPoints

AUGUST 11, 2020

As the pandemic has driven the adoption of e-Commerce to a level retailers didn’t expect to see for a year or more, many are speeding up the development of digital products and services that were further ahead on their technology roadmaps. The third-party vendors will ship the products directly to the consumers’ homes.

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Shipping Costs Shipping Merchant Services eCommerce 247

RetailMinded

JULY 29, 2023

The retail landscape is undergoing a monu mental shift, and the numbers prove it. According to McKinsey & Company , 75% of consumers are exploring new shopping behaviors, indicating a significant change in their preferences and priorities. To stay competitive, understanding consumer behavior and making the proper changes is vital.

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Payment Services Consumer Retail Social Media 52

RetailMinded

JULY 29, 2023

The retail landscape is undergoing a monu mental shift, and the numbers prove it. According to McKinsey & Company , 75% of consumers are exploring new shopping behaviors, indicating a significant change in their preferences and priorities. To stay competitive, understanding consumer behavior and making the proper changes is vital.

Payment Services 52

Payment Services Consumer Retail Social Media 52

SellBrite

JANUARY 17, 2018

Over the past 17 years, consumers have been spending increasing amounts of money online. But in recent years, buyers are getting even more flexibility and accessibility with online shopping—thanks to the rise of mobile shopping. Mobile commerce is growing in popularity as technology improves. Ecommerce sales jumped from $7.3

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Merchant Services Mobile Social Media Payment Services 145

Retail TouchPoints

FEBRUARY 15, 2022

Outfits like GoPuff, Gorillas and 1520 took the grocery market by storm in 2021, offering a limited menu of consumables, delivered to your door in an incredible 30 minutes or less (and commanding multi-billion dollar valuations in the process.) Mobile commerce will define the next evolution of grocery shopping.

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Shipping Costs Payment Services Multi-channel Mobile Payments 319

Retail TouchPoints

SEPTEMBER 24, 2020

Party City is hiring 20,000 temporary workers for the holiday season — 80% of its 25,000 seasonal hires in 2019 — even though the retailer is drastically reducing the number of Halloween City pop-up stores it will open this year. The National Retail Federation projects that Halloween spending will dip only 8% from 2019, topping $8 billion.

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Payment Services Mobile Payments eCommerce Operations 264

iVend

FEBRUARY 9, 2024

For retailers, Valentine’s Day offers a shopping boost in the after-holiday mid-February slump, but it’s more than that – it’s also a reminder that love comes in many forms, including the love that shoppers have for their favourite store. All retail processes iVend helps retailers become irresistible to shoppers.

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Payment Services Payments Retail Mobile Payments 52

iVend

DECEMBER 11, 2023

For the world of retail technology, 2024 looks set to be an exciting year. As consumer demands continue to evolve, and competition is hotter than ever, retailers are embracing innovative solutions to stay ahead. All retail processes iVend helps retailers to stay ahead of retail technology trends.

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Payment Services Technology Payments Retail 52

365 Retail

JANUARY 12, 2024

Be it shoppers paying by Scan & Go, self-checkout, in checkout-free stores or via Click & Collect: offline retail is becoming increasingly digital. This requires suitable payment solutions – turning payment into a strategic success factor. Credit card payments were done via Imprinter and a paper receipt.

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Payment Services Mobile Payments Banking POS 63

BigCommerce

MARCH 13, 2018

Adii Pienaar, Founder of Conversio and WooThemes (later acquired by WooCommerce), sums this up best: Customers worldwide are using their mobile devices for online shopping more often. Depending on who you want to believe, it’s estimated that since late-2014 more than 50% of all online purchases are made from mobile devices.

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Payment Services Mobile BigCommerce Mobile Payments 420

RTP blog

APRIL 10, 2017

By Devika Girish, MobStac Unless you have been living under a rock, you’d agree that Amazon shook up the retail world last December by introducing Amazon Go — a physical grocery store that features a checkout-free shopping experience facilitated by a smartphone app. As per the report, 1.6B

Payment Services 150

Payment Services Retail Mobile Payments Mobile 150

iQmetrix

NOVEMBER 3, 2017

As a wireless retailer, you know that people rely on their smartphones for everything—from booking appointments and sending emails, to making calls and taking photos. And now consumers also use their smartphones to make payments.

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Mobile Payments Payment Services Mobile Improvements 29

ecomdash

MARCH 7, 2019

With more online shoppers using mobile devices to buy from their favorite brands, ecommerce retailers must keep up with technology on their websites. Mobile shopping carts are the most likely to be abandoned, with a staggering 85.65% ditch rate. 2 – Make Payments Easy. 1 – Simplify Checkout Pages. Amazon Pay. Google Pay.

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Mobile Payment Services Shopping Carts Mobile Payments 84

365 Retail

JANUARY 4, 2024

Staying ahead of the curve is essential if you want to succeed in retail. In this article, we’ll explore five key strategies that retailers should focus on to keep their businesses thriving. The retailer targets military and first responders by offering them significant discounts. Provengo offers a great example of this.

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Payment Services Retail Supplies Mobile Payments 52

RTP blog

JANUARY 5, 2018

Tourists represent a huge opportunity for retailers, but figuring out how to attract those shoppers into stores can be tough. So how can retailers capture the tourist dollars? However, before the era of mobile devices and social media, there was no easy way for retailers to deliver these offers and deals to them.

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Payments Merchant Services Social Media Shipping Costs 150

RTP blog

MAY 12, 2017

By Phil Chang, Hubba There’s a new era of commerce, one that no longer resembles the model that brands and retailers have been operating under for the past 20 years. For any business, the consumer has always been the end destination. Retail technology, however, has completely changed the journey. How exactly is this happening?

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Payment Services Drop Ship Retail Shipping Costs 150

Retail TouchPoints

NOVEMBER 3, 2020

And luckily, there are many opportunities for retailers, particularly independent retailers, to create a safe, positive holiday shopping experience during the pandemic. COVID-19 is certainly testing retail in general right now. Observe Your Consumers. But if you don’t have contactless technology, don’t worry.

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Payment Services Mobile Payments Technology Mobile 197

RTP blog

AUGUST 10, 2017

The credit card company has even gone so far as to offer some merchants $10,000 to upgrade their POS equipment in exchange for refusing cash payments. Moriarty cited the plight of the unbanked and those with poor credit, who lack access to higher-tech payment options. Cash remains a popular payment option in the U.S.,

Merchant Services 150

Merchant Services Small Business Retail Payments Payment Services 150

Sailthru

JANUARY 13, 2020

During the holiday season’s record-breaking Cyber Weekend , consumers spent nearly $70 billion, mostly in brick-and-mortar stores. However, digital channels increasingly assist those retail sales. This is particularly true for mobile payments platform Raise. For example, “buy online, pick-up in store” grew 43.2%

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Mobile Payments Mobile Channel Consumer 88

Retail TouchPoints

JANUARY 26, 2022

Given the ongoing shift in consumer shopping preferences, many of these new businesses will be digital-first companies. A chargeback occurs when a customer disputes a transaction and their issuer (the bank that provided them with the card) reverses the transaction — essentially charging it back to the retailer.

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Merchant Services Payment Services Payments Shipping Costs 269

Retail TouchPoints

MARCH 30, 2022

An eMarketer article recently stated, “To align with usage trends, checkout providers will double down on optimizing the mobile payments experience.” Getting to know how users want to consume brand content will guide how brands should show up on each platform when they want to encourage or influence buying behaviors.

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Payment Services Social Media eCommerce Presentation 309

RetailMinded

APRIL 20, 2023

In today’s competitive retail industry, improving efficiency is crucial for businesses to stay ahead. With the rise of e-commerce, brick-and-mortar retailers must provide optimized experiences to attract and retain customers. It can help retailers save money and increase their profitability.

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Payment Services Payments eCommerce Retail 52

Kibo

FEBRUARY 28, 2022

The 2021 holiday shopping season was historic, in that it was the culmination of two years of accelerated trends, shifting consumer behaviors, and omnichannel shopping realities that have emerged since the start of the pandemic. There was also a sharp increase in retail sales in November compared with previous years.

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Merchant Services Payment Services Order Fulfillment Retail 62

365 Retail

JUNE 16, 2021

billion debit card payments last year. million consumers the previous year. million consumers mainly used cash for their day-to-day spending during 2020. Contactless payments accounted for 9.6 Supermarkets were the most popular place to use contactless in 2020, accounting for 41% of such payments. There were 15.8

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Mobile Payments Banking Mobile Consumer 52

Wiser

AUGUST 13, 2018

Have we reached the point of saturation in retail technology? While some shoppers may get excited about the latest and greatest tech developments for in-store and online experiences, some would rather take it slow and prefer the simple days of retail. Take mobile payments, for example. How to Get Online Retail Tech Right.

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Retail Payment Services Mobile Payments Technology 79

Korona

JUNE 8, 2022

The retail industry is a competitive industry, and one often based on volume. Small and medium-sized business owners are constantly facing competition from large retail companies such as Walmart and Amazon. Retail technology helps brick-and-mortar and eCommerce businesses in many steps of their business processes.

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Technology Payment Services Payments Retail 52