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‘Cash or Card?’: Why More Financing Choices Drive Consumers’ Decisions on Which Retailers to Shop

Retail TouchPoints

This includes enhancing in-store inventory, delivery services and even the personalization of customer service. The study also suggests that as the spend amount goes up, it becomes even more important to the consumer that their preferred financing method is available.

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Payment as a Key Success Factor: Beyond Just Transactions

365 Retail

According to the study on payment methods in retail carried out by the EHI Institute in Cologne/Germany, contactless payment by card and NFC are now considered the “new normal”. The check-out as the traditional pain point in the customer journey will be re-invented, says Solmsdorff. And mobile payment by smartphone is also picking up.

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Afterpay vs Klarna vs Affirm: Which Buy Now Pay Later Service is Best for Your Shopify Business?

AcquireConvert

According to this study , only one-third of adults aged 18-29 in the U.S. It was acquired by Square in August 2021 (Square is an American financial services and digital payments company based in San Francisco and founded by Jack Dorsey of Twitter fame). have made buying on credit expensive. own a credit card.

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BNPL: Multiple Growth Opportunities Despite Rumblings About Regulation

Retail TouchPoints

Also known as pay-over-time or pay-in-4 installment plans, BNPL offers consumers the chance to split up the cost of major purchases directly at the point of sale. consumers say they have used a buy now, pay later service, according to a recent study from The Ascent, a Motley Fool service. In fact, 50% of U.S

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What Is The SAFE Act 2022 – Cannabis Banking Developments

Korona

Prohibited penalties include terminating or limiting the deposit insurance or share insurance of a depository institution solely because the institution provides financial services to a legitimate cannabis-related business and prohibiting or otherwise discouraging a depository institution from offering financial services to such a business.

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How Coronavirus (COVID-19) Is Impacting Ecommerce [December 2021]

ROI Revolution

Here are some stats from Cisco’s 2021 Privacy Benchmark Study that showcase how the pandemic has influenced new ways of approaching consumer privacy: 93% of organizations turned to their privacy teams to assist with their pandemic response in 2020. Other heavily impacted SMB industries include education, financial services, and retail.

eCommerce 148
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How Coronavirus (COVID-19) Is Impacting Ecommerce [August 2021]

ROI Revolution

of smartphone users will use their mobile phone to pay for point-of-sale transactions this year, and that number will surpass 50% for the first time in 2025. SMBs in the telecommunications, professional services, and life science industries are feeling the least negative impact from COVID-19. 5/21 update.

eCommerce 197