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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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How to overcome two of the most common online payment issues

GetElastic

At the end of 2018, ecommerce sales accounted for more than 14% of all retail sales across the globe. But as an ecommerce merchant, there is a lot of nuance to running a successful online store that brings in revenue. Here are two of the most common online payment challenges and how you can overcome them.

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Buy Now, Pay Later: The Gen Z Alternative to Credit Cards

Retail TouchPoints

It has become apparent that retail brands adopting BNPL methods are seeing increases in sales, and that those that don’t are barring themselves from these new sales. But how do these solutions work, what are the risks, and how can you prepare yourself to integrate them into your retail experience? BNPL: The Facts. with Klarna.”.

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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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Don’t Fall Victim to a Cyber Attack: A Shopper’s Guide to Cybersecurity

Retail TouchPoints

And in today’s day and age, shopping online has never been easier — with targeted ads, free shipping, free returns, stores built into Instagram or TikTok, logins saved on your browser and payment information saved on your devices. Avoid shopping on public WiFi Most people believe using public WiFi is safe by default.

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Cloud Native Value: Why Retailers Should Learn to do More With Less

Retail TouchPoints

If retailers think online shopping in 2021 is about the simple exchange of goods for money, they’re doing it wrong. If a customer experiences downtime on a website or an outdated mobile app with a broken UX, they’ll bounce to a competitor. Before the pandemic, ecommerce accounted for approximately 16% of all retail.

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#RSP22: Everything You Need to Know About Holiday 2022

Retail TouchPoints

But despite the rush, retailers still have multiple opportunities to maximize both in-store sales and online conversions. The Mastercard SpendingPulse measures in-store and online retail sales across all forms of payment, providing a wealth of insights to help merchants refine and optimize their holiday strategies.