article thumbnail

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”. And mobile payment by smartphone is also picking up. This is also confirmed by current consumer surveys.

article thumbnail

Mobile Payment Trends: A Survey Of The iQmetrix Experts

iQmetrix

Where does one start to understand the mobile payment market? Lucky for me I’m in “the biz” so I figured starting with my co-workers was a good place to begin, so I sent 300+ colleagues an informal survey. See below for the results.

Insiders

Sign Up for our Newsletter

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

article thumbnail

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. We also recommend surveying customers to help prioritize.

article thumbnail

Retailers on the Move with Mobile POS

Cegid

More and more shoppers are walking into their favorite stores and consulting their mobile devices to help them make decisions. According to a recent Cisco Consulting Services survey , the number of people shopping in this way has doubled in the past year, rising to 18 percent from 9 percent, Retail TouchPoints reported.

POS 20
article thumbnail

Boost Your Business with These 3 Must-Have Technology Trends

365 Retail

From Buy Now Pay Later instalment loans and collaborative technologies to mobile payments and 5G technology, these automated, contactless, AI-driven options are changing the face of businesses across the globe. . Advances in business mean that people continue to want innovative technologies that suit their needs. .

article thumbnail

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

Korona

However, in a survey of more than 130,000 retailers, the profit margin was 53% in retail. To find out what is wrong, you can look into your expense reports, your staff operation, your inventory management , your POS system , etc., KORONA POS enables you to optimize your time and have a complete overview of your business.

article thumbnail

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

Korona

However, in a survey of more than 130,000 retailers, the profit margin was 53% in retail. To find out what is wrong, you can look into your expense reports, your staff operation, your inventory management , your POS system , etc., KORONA POS enables you to optimize your time and have a complete overview of your business.