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Consumers and Merchants Should Look Before They Leap into BNPL Services

Retail TouchPoints

The economic fallout from the COVID-19 pandemic accelerated demand for buy now, pay later (BNPL) payment options. Research by The Ascent showed that among people who have used a BNPL service, 45% first did so in 2019, 21% first did so in 2020, and only 7% had used a BNPL service prior to 2015.

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The Next Generation of Shoppers Needs a Next-Generation Strategy

Retail TouchPoints

They want shopping to be fast and fun — less of a process. That’s why Synchrony partnered with payments startup Skipify, which enables purchases instantly across email, text, social and other channels. Merchants who break out of the old way of doing things will be perfectly positioned to profit for years to come. .

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Zilingo on the brink as loan recalled, financial advisor appointed

Inside Retail

Zilingo works with thousands of apparel factories and merchants in South Asia and Southeast Asia, connecting them to retailers worldwide and was valued at nearly $1 billion in its last funding round in 2019, according to sources familiar with the situation. It provides logistics, financing and other services to factories and merchants.

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The Profitability Challenge: Why SKU-Level Visibility Matters

Retail TouchPoints

My days as a merchant are long over, yet I remain a retailer at heart. It was a challenge in 2015, and it’s hard to believe this puzzle hasn’t been solved yet by some combination of tech, process and operating model advances.

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From Retail Experiment to Commercial Phenomenon: The Evolution of Amazon Prime Day

365 Retail

The Evolution of Amazon Prime Day In 2015, Prime Day made its debut on July 15 to commemorate Amazon’s 20th anniversary. As a result, they find themselves coming back to the big players – that offer myriad payment solutions and services – for convenience and reliability.

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The Downfall of Sears, 5 Reasons Why it’s Struggling to Survive

Indigo 9 Digital

Consumers were finally given a way to access merchandise at much lower prices than what was available from nearby merchants. Trying to seamlessly integrate two different cultures, different systems and processes is hard for even the strongest of companies. It was a runaway success. His next wave of brilliant insight? Retail stores.

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Signifyd Raises an Additional $205 Million, Eyes Further Expansion in Latin America

Retail TouchPoints

Signifyd has received $205 million in Series E growth equity financing that values the company at $1.34 The funding will be used to expand the Signifyd Commerce Protection Platform and identity graph globally across digital shopping and payments.