article thumbnail

Buy Now, Pay Later: Does it Work for your Online Retail Business?

Retail TouchPoints

Humans have been dynamically evolving the concept of loans and credit in commerce for hundreds of years — culminating in the explosion of consumer credit cards in the 20th century. consumers have now used a buy now pay later (BNPL) service. . Using BNPL, approved customers can defer payments at checkout — both online and in-store.

article thumbnail

As Contactless Payment Use Grows, Here?s What Consumers Need To Know About Fraud Prevention

Retail TouchPoints

In a pandemic, that turns point-of-sale terminals where people swipe or dip cards into “bus depots,” where virus particles can stop off and then catch a ride on new cards and new hands to keep spreading. How can consumers stay safe while using contactless payments?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Ultimate Guide to AirPOS Point of Sale System (ePOS) – Complete Review

Ecommerce Platforms

Well, AiPOS in partnership with StoreKit makes it possible via Divido, a global consumer financing solution. This app lets me view sales reports on a daily, weekly or monthly basis. Any small business that sells its items via an online retail store stands a chance to utilize AirPOS. The point of sale is robust and mighty.

article thumbnail

Digital Wallets: What’s Good for the Payments Industry is Good for Retailers…Right?

Retail TouchPoints

As the online payments industry continues to evolve, new digital wallet solutions, such as mobile payment apps and e-wallet platforms, are becoming increasingly popular and reshaping the way consumers transact. 4 Pros of Digital Wallets Some of the advantages of digital wallet payment options include: 1.

article thumbnail

Mi9 Retail’s eCommerce Platform Powers a Global Online Retailer to Fourth Place in Newsweek’s “America’s Best Online Shops 2024”

Mi9

In the rapidly evolving retail landscape, where U.S. consumer spending is expected to rise between 4 to 6 percent, reaching a staggering $5.13 trillion this year, per the National Retail Federation (NRF), the importance of a strong online presence cannot be overstated.

article thumbnail

What to Expect and What to Wish for from Retailers this Holiday Season

Retail TouchPoints

This holiday season, though prices are still high and purse strings remain tightened, there’s slightly more stability inherent in the current retail environment that will bring more clarity to the numbers. Retailers will leverage this moment to focus on operational efficiencies and consumer connection.

Retail 326
article thumbnail

Trending The Rules: Top Retail Trends Are Trending At An Unprecedented Rate

Retail TouchPoints

Nowadays, the experience of browsing virtual re-creations of physical stores couldn’t be more important for consumers. But it’s worth remembering that those virtual environments are modeled on physical stores for a reason, and the future will see consumers flitting comfortably between both. Smooth Operators Appeal Online And Off.