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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.

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

BigCommerce

Digital commerce continues to be top of mind for online retailers. Retailers continually optimize their sales channels to deliver more seamless consumer experiences. First, fraudsters likely see mid-sized merchants as having enough revenue and customer volume to make attacks worthwhile. Take digital commerce, for example.

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Retail Technology in 2022: Streamline Your Retail Business With These Trends

Korona

The retail industry is a competitive industry, and one often based on volume. Small and medium-sized business owners are constantly facing competition from large retail companies such as Walmart and Amazon. In addition, companies that excel in customer experience generate 4-8% more revenue than their market. .

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What retailers can learn from the 2021 holiday shopping season

Kibo

In this post, we look at the most important trends and statistics that emerged from this pivotal holiday shopping season and unpack what it might mean for retailers in 2022. Online holiday shopping sales surpass $200 billion. There was also a sharp increase in retail sales in November compared with previous years.

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

Onilab User Guides

Visa introduced their new payment security feature in order to protect customers with an additional layer of authentication. was a decent improvement for the early era of Internet payments but even for its time it was a far cry from an ideal user experience. 18 years ago appeared the first version of 3D Secure. 3DS version 1.0

Magento 56
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How To Start a Retail Business: The Ultimate Guide

Korona

In recent years, the retail industry has experienced remarkable growth despite the economic consequences of the COVID-19 crisis. According to the National Retail Federation , the total number of retail locations in the U.S. In addition, during May of 2021, retail sales reached a record high of over $570 billion. .

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Deloitte Predicts Exceptionally Strong Sales for the 2018 Holidays

ChannelAdvisor

By the time all the gifts had been opened and celebrations were winding down, online sales had increased nearly 15% to hit a record of $108.2 It was the best holiday season sellers had seen in six years, with online holiday retail sales increasing 18% compared to the year before. The news is even more encouraging for e-commerce.