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Sam’s Club Deploys AI-Powered Computer Vision to Speed Payment Confirmation

Retail TouchPoints

After a customer pays at a register or via the Scan & Go mobile payment solution, a combination of computer vision and digital technology deployed in stores’ exit areas captures images of their cart and verifies payment for all items within a shopper’s basket.

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Where Payment Processing Systems Are Headed In 2020

RTP blog

trillion biometrically secured transactions will take place annually via mobile devices. Mobile Payments On The Rise Already, 29% of American consumers would be content to pay with their smartphones all the time. Our level of comfort with payment apps has changed considerably over the last few years.

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Crypto Payments Adoption in FinTech: How Do Retailers Fit in?

Retail TouchPoints

Here are three tips for implementing these changes into retail operations without compromising your business. Although there’s currently no seamless solution to address the growing need for modern crypto-based payments, that is the future industry experts are aiming for. Consider accepting a third-party provider.

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What’s in Store for Grocery in 2022?

Retail TouchPoints

Long-term, I predict that ultra-rapid delivery of fresh produce from geographically strategic farming operations will become the de facto market model, decentralizing production and personalizing product assortments. Mobile commerce will define the next evolution of grocery shopping. Merchandise assortments will shrink dramatically.

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Party City Plans Just 25 Halloween Pop-Ups For 2020

Retail TouchPoints

While Party City operated approximately 275 temporary Halloween locations last year, it plans only about 25 this year. In addition to online shopping, Party City offers contactless shopping experiences at its stores through curbside pickup, same-day delivery and contactless mobile payments.

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

BigCommerce

Adii Pienaar, Founder of Conversio and WooThemes (later acquired by WooCommerce), sums this up best: Customers worldwide are using their mobile devices for online shopping more often. Depending on who you want to believe, it’s estimated that since late-2014 more than 50% of all online purchases are made from mobile devices.

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Wireless 5G Revolutionizing Retail

Retail TouchPoints

5G is expected to be a powerful catalyst to disrupt retail operations, from optimizing warehouses and supply chain management to transforming the in-store customer experience through personalization and product engagement. He has extensive knowledge in business, government, retail, enterprise and sales operations.