RTP blog

MARCH 8, 2019

By Ed King, HighStreet Collective Since we started our consultancy, HighStreet, in mid-2017, it’s become painfully clear that legacy retailers have had a difficult time with their “omnichannel” and in-store innovation efforts. By nearly anyone’s measure, the Amazonian effect on retail can be considered a massive coronary to the industry.

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RTP blog

JUNE 5, 2017

By Nicole Bryan, Sterling Payment Technologies Given the rise in reported data breaches and credit card fraud concerns, it should come as no surprise that the shift to EMV and mobile payments has some shoppers wary. That’s an important factor because the loss on any given fraudulent transaction can be significant.

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RTP blog

DECEMBER 30, 2019

Mobile Payments On The Rise Already, 29% of American consumers would be content to pay with their smartphones all the time. That’s nearly one in three people who would be happy to use an app or contactless payment method instead of cash or a credit card for all. their payments. Passwords aren’t enough anymore.

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RTP blog

MAY 12, 2017

By Phil Chang, Hubba There’s a new era of commerce, one that no longer resembles the model that brands and retailers have been operating under for the past 20 years. Retail technology, however, has completely changed the journey. Thanks to technology, a retailer isn’t limited to cash registers and their own web site.

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Ecommerce Platforms

FEBRUARY 20, 2020

Brick and mortar stores are now increasingly seeking the best retail POS systems because run-of-the-mill point of sale solutions just don’t cut it anymore. According to a recent survey , retail executives now acknowledge the importance of modern point of sale systems in their businesses, and are exceedingly upgrading their POS solutions.

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Ecommerce Platforms

FEBRUARY 20, 2020

Brick and mortar stores are now increasingly seeking the best retail POS systems because run-of-the-mill point of sale solutions just don’t cut it anymore. According to a recent survey , retail executives now acknowledge the importance of modern point of sale systems in their businesses, and are exceedingly upgrading their POS solutions.

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Korona

JUNE 8, 2022

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. Retail technology helps brick-and-mortar and eCommerce businesses in many steps of their business processes.

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Korona

SEPTEMBER 30, 2021

So it will be very valuable for business owners to know how they can lower their retail credit card processing fees. There are also some very easy ways to lower your retail processing fees. 8 Ways You Can Lower Your Retail Credit Card Processing Fees. And it’s also an absolutely essential operation for 99% of businesses.

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GetElastic

NOVEMBER 11, 2019

the world’s biggest retail event, three times larger than Cyber Monday 2018, which at $7.9 Customers from around the world can shop on Alibaba Group websites and retailers worldwide are jumping on the 11.11 Customers from around the world can shop on Alibaba Group websites and retailers worldwide are jumping on the 11.11

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Retail TouchPoints

JANUARY 25, 2023

Today, it seems cash is a thing of the past, with most shoppers leaning on credit cards or even mobile payment to complete transactions for both physical and online shopping. Much like changing regulations for government agencies, retailers are preparing to navigate the next major update: PCI DSS 4.0. While PCI DSS 4.0

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Retail TouchPoints

DECEMBER 21, 2022

This growth is being driven by the rise of mobile payments and improved internet infrastructure as well as a shift in consumer behavior toward online shopping. Another South Korean company, Naver, operates a live video platform called V Live. According to a recent report , the ecommerce market in Asia is expected to reach $1.89

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eCommerce eCommerce Marketing Small Business Retail Mobile Payments 108

Kibo

FEBRUARY 28, 2022

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. In 2021, for the first time ever, November and December online sales surpassed $200 billion , per data from the National Retail Foundation (NRF).

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Korona

OCTOBER 22, 2022

A POS system is essential to your day-to-day operations and can help keep everything from payment processing to inventory management running smoothly. However, POS terminals present a lack of mobility for employees, and they typically take up more space. Multichannel POS Solutions.

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Korona

OCTOBER 22, 2022

A POS system is essential to your day-to-day operations and can help keep everything from payment processing to inventory management running smoothly. However, POS terminals present a lack of mobility for employees, and they typically take up more space. Multichannel POS Solutions.

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POS Small Business Retail Retail Point of Sale 40

Kissmetrics

SEPTEMBER 4, 2020

Depending on the size of your operation and the volume of payments you receive, you’ll have to calculate which type of credit card processing company is going to keep costs low overall. Look for companies that are transparent and straightforward about the way in which they operate and take fees. #1

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TalkingRetail

JANUARY 18, 2021

Former NFRN chief operating officer, Greg Deacon, is joining shopping app Jisp as chief customer officer. The app, which unveiled a partnership with the trade association in May, enables retailers to provide same-day home delivery, click- and-collect, mobile payments, and in-store scan-and-go services.

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Retail TouchPoints

SEPTEMBER 24, 2020

Party City is hiring 20,000 temporary workers for the holiday season — 80% of its 25,000 seasonal hires in 2019 — even though the retailer is drastically reducing the number of Halloween City pop-up stores it will open this year. The National Retail Federation projects that Halloween spending will dip only 8% from 2019, topping $8 billion.

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Korona

DECEMBER 31, 2020

10 – Reducing Operating Expenses. #9 5 – Retail Inventory Turnover. #4 4 – The Complete Retail Dictionary. #3 10 – How to Reduce Operating Expenses. . #2 10 – How to Reduce Operating Expenses. 9 – How to Grow a Retail Business. 5 – Retail Inventory Turnover.

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Korona

NOVEMBER 2, 2021

And as a retailer or SMB owner, it is crucial to monitor your profit margins regularly as it allows an efficient allocation of resources. . The gross profit ratio shows the percentage of sales that a company retains after covering all direct costs associated with its operation. This yields a profit of $75 for the retailer.

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Korona

NOVEMBER 2, 2021

And as a retailer or SMB owner, it is crucial to monitor your profit margins regularly as it allows an efficient allocation of resources. . The gross profit ratio shows the percentage of sales that a company retains after covering all direct costs associated with its operation. This yields a profit of $75 for the retailer.

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Small Business Retail Retail POS Operations 52

Korona

DECEMBER 14, 2021

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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Retail TouchPoints

JUNE 15, 2020

These consumer sentiments, along with the need to protect the health of both shoppers and store associates, means retailers need to be stringent about enforcing social distancing and other safety measures as they reopen. Retailers Must Reassure Nervous Shoppers. Is it possible the worst of the coronavirus pandemic is behind us?

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Ecommerce Platforms

APRIL 29, 2022

Unlike Shopify, Clover can offer specific support for counter service, table service, and retail. Clover operates in a slightly different way to some POS solutions, as it requires you to enter into a merchant account with the parent company Fiserv, or third-party. Both solutions have a handful of options to choose from.

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Ecommerce Platforms

MARCH 14, 2022

Payment Management – fast payment processing with support for all EMV compliant cards, as well as Apple Pay, Google Pay, and Cash App. Operations Management – Get access to interesting insights about business performance with Square Analytics. Integration for gift cards, refunds, loyalty programs. Who is it best for?

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Blue Acorn

JUNE 20, 2017

Technology plays a primary role in how retail and ecommerce function today. Over the next five years, mid-size retailers such as L.L. How Will Mid-Size Retailers Change Over The Next 5 Years? Conversely these same retailers will continue to see growth via their digital channels. Blue Acorn CEO Kevin Eichelberger.

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BigCommerce

MARCH 13, 2018

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.?.

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Retail TouchPoints

OCTOBER 7, 2020

At the beginning of 2020, Hudson kicked off its deployment of the Flooid platform to provide a new backbone for all transactions across its 1,010 travel convenience stores and specialty retail, which includes proprietary book and tech stores, duty-free shops and food and beverage concessions. Vending Machines Expand Sales Opportunities.

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Vend Point of Sale Retail Food and Beverages 84

RTP blog

MAY 31, 2019

Open technology and regulations mean consumers have more options for payments and banking. Here are four trends that are revamping how the payments industry affects retailers and consumers alike: 1. where many large retailers were slow to adopt EMV and contactless tech at the POS. and Canada.

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Ecommerce Platforms

FEBRUARY 28, 2023

For retail stores, there are two highly functional and reliable Shopify card readers to consider. With a reasonable price, a built-in barcode scanner, and various credit card acceptance methods, it’s the ultimate tool for running a mobile-oriented retail shop. We’ll also dive into how to get a card reader from Shopify.

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Korona

SEPTEMBER 22, 2022

Such changes have revolutionized the retail industry and consumer behavior and wouldn’t have been possible without the creation of cloud-based POS software. Cloud POS trends are booming, with nearly 28% of retailers planning to adopt this technology to shape the future of their sales operations and improve consumer satisfaction.

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GetElastic

JUNE 22, 2022

While the foundational ordering and payment experience wasn’t necessarily broken, it was cumbersome, slow, error-prone, and, most notably, insecure. Think about it: the same credit card rails have been operating on mainframes for decades. lagged behind other countries in mobile payment adoption. For years, the U.S.

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iQmetrix

JUNE 22, 2018

Where does one start to understand the mobile payment market? The iQmetrix team's combined knowledge of POS, payments and mobile applications makes this (in my eyes) a “professional” opinion. See below for the results.

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Retail TouchPoints

OCTOBER 22, 2020

The retailer also is expanding its selection of items available for same-day pickup or delivery, with an emphasis on gifts and ingredients for holiday meals. Shoppers can now use the Wallet mobile payment option in the Target app to scan items with their own devices, eliminating the need to pick up an in-store scanning device.

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Retail TouchPoints

JANUARY 24, 2023

The digital wallet will be managed by Early Warning Services (EWS) , the company that operates Zelle, but will operate separately from Zelle. The company certainly has a head start — it’s been around since 1998, when it debuted as an alternative payment option for purchases on eBay. “If Bancorp and Truist Financial.

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PayPal Banking Financial Services Consumer 107

Ecommerce Platforms

SEPTEMBER 1, 2022

Shopify makes it easy to find all the hardware you need, from basic card readers starting at $49 to powerful retail system bundles at $149. You’ll have no shortage of hardware options available from Toast, including the simple but effective Toast Go 2 which is ideal for taking mobile payments in an evolving landscape.

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Korona

MAY 30, 2022

If you’re on the hunt for a point of sale provider, chances are you have heard terms like payment gateway, merchant account providers, merchant acquirer, merchant services, and many more. The reality is that these terms are often used interchangeably and can sometimes be confusing to a retail store owner or manager.

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POS Point of Sale Banking eCommerce 52

Korona

SEPTEMBER 15, 2022

Wrapping Up: How to accept payments using Google Pay? Google Pay is a mobile payment service developed by Google to enable contactless in-app, online, and in-person purchases on mobile devices, allowing users to make payments with phones, tablets, or watches. Online payments using Google Pay are very simple.

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