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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. billion, according to IBISWorld.

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B2B Marketplace Faire Accelerates the Digitization of an Underserved Market: Wholesale

Retail TouchPoints

Since its launch in 2017, the platform has raised more than $1.29 The platform now features more than 100,000 brands from 100 + countries, and in September 2023, ecommerce vanguard Shopify took a stake in the company and made Faire the recommended wholesale marketplace for its millions of merchants. billion and was valued at $12.59

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What is Affiliate Marketing? Everything You Need to Know in 2023

Small Biz Trends

You can make quick money as a marketing affiliate by recommending great products and services to your readers. Affiliate marketing is a type of advertising in which a firm pays third-party publishers to create traffic or leads to its products and services. Customers: Customers are those who buy products and services.

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Why Your Retail Business Needs Credit Report Services

Retail Minded

In fact, during the first half of 2017, several significant retailers were forced to go out of business due to poor planning owing to economic inflation. Fortunately, various services can help keep your retail establishment afloat in stormy financial waters. What Are Credit Report Services? . Improve Customer Service .

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8 Things You Need to Know About Block (Formerly Known as Square)

Indigo 9 Digital

Cash App started allowing users to make purchases in Bitcoin in 2018, making Cash App one the first mainstream payment apps to do so. Following the acquisition merchants using Square are able to offer BNPL to their customers. In the first quarter of this year the average Cash App active user put $1,000 into their Cash App account.

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Forever 21: 4 Reasons it Failed & Filed for Bankruptcy

Indigo 9 Digital

Both of these stars have been seen modelling Fashion Nova clothing on their own Instagram accounts and Cardi B also has her own Fashion Nova clothing line. Having to fill those boxes on top of having to deal with the complexities of expanding internationally did stress our merchant organization,” said Chang.

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Returns and Fraud are on the Rise — Happy Returns Wants to Help

Retail TouchPoints

that, together, process millions of returns every month. has nearly doubled over the last six years, now accounting for roughly 17% of all merchandise sold, according to Timothy Fehr, COO of Happy Returns, citing research conducted in partnership with the National Retail Federation. Merchants are realizing this and adapting.

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