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Guarding the Retail Fortress: Cybersecurity Challenges and Network Interruption Risks

Retail TouchPoints

With this evolution into digital sales and the increased use of data mining, retailers are facing unprecedented challenges in digital security. Cyberattacks and network outages can disrupt operations and erode customer loyalty. A study by IBM Security found that the average cost of a data breach in 2023 was $4.24

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How Edge Computing Enables the Retail Store of the Future

Retail TouchPoints

That’s worrying in an increasingly competitive environment where customer engagement and user experience are becoming more important than ever. Technology — specifically edge computing — provides the foundation for a better customer experience, real-time inventory management, enhanced security and loss prevention and in-store analytics.

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How Does a POS System Work? 5 Common Point of Sale Questions

Korona

A point of sale system used to be a cash register that simply took account of the sales of the day and organized the bills into sections. The current main function of point of sale systems remains the same. – Point of Sale Components. Which Point of Sale Product Is Best For Your Business?

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Cannabis: The New Luxury Boutique

Retail TouchPoints

The check-in and security vestibule experience has also evolved from pawn shop glass security doors to welcoming lounges with restaurant-inspired concepts. Retailers with expedited build schedules and opening timelines will reap the rewards of location-based customer loyalty. Experience.

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Trade Promotion vs Consumer Promotion: A Comparative Analysis

Wiser

They aim to encourage these entities to stock more of the product, allocate more shelf space, or promote it more vigorously to customers. Tactics often include bulk buying discounts, rebates, or incentives like free point of sale displays. These techniques encourage consumers to buy more or choose one brand over another.

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8 Top Payment Processors

GetElastic

A strong performer with a robust product offering including fraud detection, point of sale, alternative payment options (like Venmo and PayPal consumer accounts) and financing options such as BNPL (Buy Now Pay Later). Owned by VISA, Cybersource’s product offering is uniquely backed by the gold standard of security.

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The Power of POS Gift Cards: A Guide for Retailers

Korona

Gift cards can be a powerful marketing and sales tool for retailers. And when you combine them with point of sale (POS) technology, their potential is even greater. Take steps like encrypting transactions and regularly inspecting your systems for vulnerabilities to ensure your customers’ safety and trust.

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