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Digital Commerce and the Threat of Card-not-present Fraud

BigCommerce

ecommerce platform providers) commissioned by Discover® Global Network, mid-sized merchants with annual revenues of $250 million to $1 billion are seen as the most high-risk targets for fraud over the next 12-24 months. First, fraudsters likely see mid-sized merchants as having enough revenue and customer volume to make attacks worthwhile.

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Which Side Should Retailers Take In The ‘War On Cash’?

RTP blog

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.,

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Overcoming Commerce Inertia is Easier than You Think

GetElastic

What forcing functions get us to move on to fundamentally better technology? The success of restaurant tech company Toast is a perfect example of unseating a deeply entrenched technology that nobody likes – the point of sale (POS) system. lagged behind other countries in mobile payment adoption. For years, the U.S.

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June 2021 COVID-19 + Ecommerce News Roundup

ROI Revolution

billion over last year’s two-day sales event. Amazon shoppers who buy from a small business before June 20 will also get a $10 Prime Day credit. Amazon’s revenue increased 35% last year despite a $4 billion loss in Q2 due to the pandemic. Touchless payment continues to grow. Post-COVID-19, convenience is king.

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5 Ways You Can Nurture Your Loyalty Program with Email Marketing

Sailthru

According to Accenture research, brands’ loyalty program members generate 12 to 18% more revenue per year than non-members. A lot of providers won’t have the required technical infrastructure to trigger events, for example. Last year, eMarketer found that Starbucks Rewards is the most popular proximity mobile payment in the U.S.

Marketing 100
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What retailers can learn from the 2021 holiday shopping season

Kibo

Urging consumers to shop for their holiday gifts earlier than usual (in some cases, retailers began announcing holiday shopping events prior to Halloween ) didn’t necessarily extend the holiday shopping season. Consumers embrace BNPL and other payment options. In their 2022 Commerce and Payments Report , Global Payments notes that: 4.4

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How to Calculate Gross Profit Margin- A Guide For Retailers and SMB Owners

Korona

You need two variables of gross profit to calculate gross profit margin: the net sales or revenue and the cost of goods or services sold. The gross margin is calculated by subtracting the cost of goods sold from total revenue. . Net sales are the total revenues generated by the company, excluding sales returns, rebates, and discounts.