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How Mobile Payments Are Taking Over eCommerce

Groove

The new way of purchasing goods and services is through Mobile Payments whether you are shopping online or in-store. As millions of users start to use mobile payments each year, it is projected that 4.8 billion people will be completing transactions through mobile payments by 2025. What Are Mobile Payments?

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Kroger Doubles Ship Assortment Via 3rd-Party Marketplace

Retail TouchPoints

As the pandemic has driven the adoption of e-Commerce to a level retailers didn’t expect to see for a year or more, many are speeding up the development of digital products and services that were further ahead on their technology roadmaps. The third-party vendors will ship the products directly to the consumers’ homes.

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What’s in Store for Grocery in 2022?

Retail TouchPoints

Meanwhile, rising energy, shipping and labor costs means higher prices for many grocery items. Mobile commerce will define the next evolution of grocery shopping. More than half of online grocery shoppers already use their mobile devices to shop. Merchandise assortments will shrink dramatically.

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

BigCommerce

Technology is restructuring how money moves. From crypto-currencies to peer-topper payments and one-click checkouts, modern innovations are shifting the basic payment infrastructure of our economy. Apple / iOS has about a 15% market share of mobile devices, which is a huge potential user base for Apple Pay.

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5 Mobile Checkout Experience Optimizations

ecomdash

With more online shoppers using mobile devices to buy from their favorite brands, ecommerce retailers must keep up with technology on their websites. Mobile shopping carts are the most likely to be abandoned, with a staggering 85.65% ditch rate. 2 – Make Payments Easy. 1 – Simplify Checkout Pages. Amazon Pay. Google Pay.

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Omnichannel Retail Strategies Explained & Simplified

UpSellIt

It seeks to bridge the gap between online and offline purchasing by establishing a cohesive experience between physical stores, websites, mobile apps, social media platforms and more. AI-Recommendations Mobile Exit Detect 2. Mobile-First Approach Mobile devices continue to be a dominant platform for ecommerce.

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You Just Experienced your First Chargeback. Now What?

Retail TouchPoints

These chargebacks are automatically deducted from merchants’ accounts, leading to lost revenues, sunk shipping costs and potential merchandise shortages. But over the years, fraud has become a more organized effort, with large groups acquiring payment credentials and customer data and targeting physical goods sold online to make real money.