article thumbnail

How online retailers can profit from Singles’ Day and the global shopping festival

GetElastic

Retailers must be aware of how various regions prefer to pay and offer that corresponding method to those consumers. In many parts of Asia, this means looking to mobile payments as opposed to traditional card-based payments here in the U.S. This means developing smart partnerships for local payment expertise. [1]

article thumbnail

Physical Retail Environments will be Transformed by the Widespread Adoption of AR Glasses

Retail TouchPoints

For example, with augmented reality glasses, retailers will personalize recommendations, similar to how we experience targeted online advertisements; shoppers will be able to pay for goods simply by looking at them; and much more. Payment in the Blink of an Eye Mobile payments are already becoming prevalent in brick-and-mortar retail.

Insiders

Sign Up for our Newsletter

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

article thumbnail

7 Brands Discuss the Benefits of the New Cashless Economy and Apple Pay’s Growing Ubiquity

BigCommerce

The Evolution of Mobile Payments: A brief history of mobile payments, according to TechCrunch : 1983: David Chaum, an American cryptographer, starts work on creating digital cash by inventing “the blinding formula, which is an extension of the RSA algorithm still used in the web’s encryption.” 2008: Bitcoin is invented.?.

article thumbnail

3D Secure 2.0 and Magento: All You Need to Know to Keep Selling to EU Customers

Onilab User Guides

The final push that moved the initiative from talks to action was the introduction of the Payment Services Directive 2015/2366 version 2.0, PSD2 introduced a new security standard for online retail, SCA (Secure Customer Authentication). The deadline to integrate SCA pushes payment processors to build in 3DS2 support faster.

Magento 56
article thumbnail

5 Predictions About the Ecommerce Landscape in the Next Decade

ROI Revolution

Everyone knows that just a few major platforms have pretty much monopolized the majority of online traffic. For most online retailers, Amazon , Facebook , and Google are the only names in the game. One that will likely operate under a different set of guiding principles from the social and search traffic giants we know today.

article thumbnail

What retailers can learn from the 2021 holiday shopping season

Kibo

Walmart’s eCommerce sales grew 90% in 2022 versus two years ago, before pandemic shutdowns drove consumers out of stores and online. Walmart operates over 10,500 stores and clubs in more than 24 countries. This gave the retail behemoth an advantage over (most) eCommerce-only retailers since their stores doubled as fulfillment centers.

article thumbnail

Future of Ecommerce: How Mid-Size Retailers May Change by 2022

Blue Acorn

Women’s’ apparel retailer Bebe announced in April it is to close all of its stores and shift to an online only model to stave off bankruptcy. I think retailers will do more behind the scenes to integrate data sources and sharing. Some online retailers will likely rely on some technologies more than others.