Retail TouchPoints

FEBRUARY 23, 2022

No matter how fast the modern payment ecosystem is developing, the pursuit of the best customer experience isn’t going anywhere. To answer customers’ demands, business leaders must find the balance between adapting services to consumers’ digitally-driven shopping behaviors and staying true to the company’s strategy.

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RetailMinded

OCTOBER 27, 2022

With the advent of technology, business owners are now aligning their companies towards changing trends. For example, retail businesses now integrate omnichannel strategies like M-commerce or mobile commerce to enable mobile shopping. This allows you to deliver a better impression to consumers. Accept Mobile Payments.

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RTP blog

MAY 31, 2019

Open technology and regulations mean consumers have more options for payments and banking. Here are four trends that are revamping how the payments industry affects retailers and consumers alike: 1. Digital is shifting the distribution model: payments now need to go where consumers expect them.

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Retail TouchPoints

DECEMBER 5, 2023

To understand the impact of this shift, it’s crucial to recognize the importance of Lunar New Year to Chinese consumers. Get culturally competent : Chinese shoppers are a world away from American consumers. Make sure you accept a variety of payment methods. However you can’t rely solely on WeChat Pay either.

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BigCommerce

DECEMBER 19, 2017

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. The method in which consumers shop is continually evolving. Take digital commerce, for example.

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365 Retail

AUGUST 4, 2022

Staying on trend with hot new technologies can help your business stay current and boost your consumer engagement and sales. Technology is constantly evolving to improve business processes, create consumer solutions, and provide adaptable and convenient service. Tap -to-Mobile Contactless Card Machines.

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RetailMinded

APRIL 7, 2022

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. They are willing to shop across channels, have an appetite for higher-quality items & are eager to stay on top of cultural trends. A WINDOW INTO THE FUTURE.

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Consumer Retail Omnichannel eCommerce 98

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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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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RTP blog

SEPTEMBER 17, 2018

Mobile has emerged as the crown jewel fueling the resurgence, as digital devices are now central to the in-store shopping experience. An advanced cellular network is crucial, as a lack of mobile coverage not only frustrates shoppers, it can mean a world of missed opportunities for retailers — including the biggest of them all…lost revenue.

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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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RetailMinded

JULY 29, 2023

According to McKinsey & Company , 75% of consumers are exploring new shopping behaviors, indicating a significant change in their preferences and priorities. In this article, I will explore the rapidly changing retail industry and analyze the current trends influencing its future. So let’s get to it!

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RetailMinded

JULY 29, 2023

According to McKinsey & Company , 75% of consumers are exploring new shopping behaviors, indicating a significant change in their preferences and priorities. In this article, I will explore the rapidly changing retail industry and analyze the current trends influencing its future. So let’s get to it!

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Payment Services Consumer Retail Social Media 52

iVend

FEBRUARY 9, 2024

Read more So what are the key trends for retail technology in 2024? Personalisation and loyalty – Personalisation will continue to be a driving trend in 2024 – and with good reason – according to McKinsey, companies that get personalisation right can generate up to 40% more revenue.

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Payment Services Payments Retail Mobile Payments 52

FastSpring

SEPTEMBER 18, 2018

So it’s been a few months, and we’ve all had some time to process the details of Mary Meeker’s latest Internet Trends report. years before, and a significant portion of the time spent online has been via mobile. Payments are going digital. Consumers have come to expect a personalized experience across all digital channels.

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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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PFS

AUGUST 28, 2019

The payments industry has become an ever-changing landscape. Consumer needs are constantly shifting, causing a clear impact on the rate of technological innovation. Particularly with the rise of eCommerce, consumers have a defined expectation of what their payment experience should look like. The Rise of Mobile Shopping.

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Retail TouchPoints

JANUARY 26, 2022

Merchants in particular had to quickly shift from in-store sales to online and learn how to accept payments digitally. According to Salesforce’s Small and Medium Business Trends Report , 71% of SMBs say they navigated the pandemic through digitization. million applications to start new businesses through September 2021.

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UpSellIt

JULY 13, 2023

It seeks to bridge the gap between online and offline purchasing by establishing a cohesive experience between physical stores, websites, mobile apps, social media platforms and more. By using an omnichannel approach, retailers gain valuable insights into customer behavior, preferences, and trends.

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BigCommerce

FEBRUARY 13, 2018

This trend isn’t slowing down, either. Even more data reinforces the ecommerce growth trend: There may be as many as 2.14 From mobile shopping to online payment encryption and beyond, ecommerce encompasses a wide variety of data, systems, and tools for both online buyers and sellers. Business-to-Consumer (B2C).

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Korona

JUNE 8, 2022

In fact, when it comes to customer service, Nextiva found that 89% of consumers have switched to a competitor after a bad customer experience. Read on to learn more about the retail technology trends you need to know to better manage your retail business and stand out from the competition. Tables of Contents. Use of smart checkout.

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ROI Revolution

MAY 7, 2021

COVID-19 brings increased consumer openmindedness. CMOs also report consumers placing increased value on digital experiences (83.8%) and new customers being attracted to their brand (65.4%). CMOs also report consumers placing increased value on digital experiences (83.8%) and new customers being attracted to their brand (65.4%).

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Payments eCommerce Payment Services Apparel 78

Retail TouchPoints

NOVEMBER 3, 2020

Catering to crowds with safety concerns is bound to be the trend this holiday season, but there are still ways to adapt and prepare for a successful Black Friday. Observe Your Consumers. Consumers are heading to self-checkout more, so make sure to adjust for bigger basket sizes and older generations.

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Payment Services Mobile Payments Technology Mobile 181

OrderDynamics

MARCH 14, 2019

Retail Trends: Going Cashless. There were early efforts at digital payments using a mobile wallet. Despite the early hiccups of SMS payment and WAP payments that did not catch on, cashless transactions crept in regardless. Again, it is time-consuming. Credit cards started our weaning process.

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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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ROI Revolution

JANUARY 4, 2021

Pandemic accelerates digital retail: Stats + trends. As social distancing protocols due to COVID-19 continue , many consumers are growing more and more to dislike standing in checkout lines. Consumer interest in contactless checkout abilities have surged since the start of the pandemic. Pre-COVID-19 vs. now: Trends + stats.

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eCommerce Payment Services Food and Beverages Small Business Retail 78

Ecommerce Platforms

MARCH 14, 2023

The digital and mobile software applications available from Evercommerce are specifically well-suited to an environment of digital transformation, where customers are looking for more convenient and tech-first approaches to services and sales. There’s also integrated payment processing and a mobile app for offline jobs.

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Payment Services Payments Beauty and Health Electronics 104

365 Retail

AUGUST 8, 2023

The new functionality, which is available to any Zettle by PayPal user in the UK with a compatible* iPhone, enables customers to use their iPhone to accept contactless payments in-person, without needing to purchase additional hardware. Contactless payments are becoming second nature to British consumers.

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ROI Revolution

AUGUST 5, 2021

Keep coming back to this post as new trends, stats, news, and updates on coronavirus and ecommerce continuously roll in. Consumer spending habits returning to normal. billion in consumer spending in Q2. Contactless payments grew 37% YoY in Q2 2021 to account for 45% of global in-person transactions. Still, overall, 62.5%

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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. Online holiday shopping sales surpass $200 billion.

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Payoneer

DECEMBER 17, 2018

Thus, it is vital for eSellers to recognize the most impactful trends affecting online businesses. The following is an overview of some of the top trends in eCommerce heading into 2019 so you can adapt your business to leverage them successfully. Large Base of Mobile-Only Shoppers. Increased Use of Mobile Pay Systems.

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ROI Revolution

JUNE 1, 2021

Keep coming back to this post as new trends, stats, news, and updates on coronavirus and ecommerce continuously roll in. Touchless payment continues to grow. Contactless payment methods surged last year with the pandemic and consumers’ concerns around safety. of Gen X will keep using touchless payment post-pandemic.

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GetElastic

NOVEMBER 24, 2021

A trend in the mobile commerce world is the adoption of integrated design. Chatbots Shoppers: Prefer the ease of contacting a chatbot to resolve cart or order issues versus making a time-consuming live call and be subjected to the dreaded call queue, or the slower pace of waiting on an email inquiry response.

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RetailMinded

FEBRUARY 19, 2022

Merchants serving a global audience need an added layer of personalization; tailoring their payment method offering to consumers in each market. Because, as surprising as this might be for US-based businesses, global consumers rarely prefer to use credit and debit cards to pay online. What Influences Consumer Behavior?

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ROI Revolution

JULY 1, 2021

Keep coming back to this post as new trends, stats, news, and updates on coronavirus and ecommerce continuously roll in. Alternative payment options have surged over the past year and a half after the coronavirus pandemic pushed consumers to be wary about high-contact shopping. Touchless payment continues to grow.

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RTP blog

MAY 12, 2017

For any business, the consumer has always been the end destination. The old model of commerce saw brands as manufacturers of products and retailers as the gatekeepers of what is commercially viable and appealing to consumers. In the new frontier, the consumer leads the way. How exactly is this happening?

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ROI Revolution

DECEMBER 2, 2021

Keep coming back to this post as new trends, stats, news, and updates on coronavirus and ecommerce continuously roll in. Last year, consumers moved toward digital more quickly than ever in light of the coronavirus pandemic. But don’t go thinking that consumers are shopping online less this holiday season than in years past.

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