Retail TouchPoints

JANUARY 14, 2022

retailers sold in November 2020 increased 25% year-over-year , with an additional increase of 106.1% year-over-year in December 2020. . With the increase of mobile wallets and more consumers hopping on the e-gift card bandwagon, merchants must practice a heightened sense of vigilance around issues of gift card fraud.

Merchant Services 328

Merchant Services Payment Services Management Accounting 328

Retail TouchPoints

JULY 7, 2020

While we shouldn’t expect online sales to remain at their peak levels when the safety risks of in-person shopping dissipate, merchants cannot hope to weather the storm and return to business as usual. As we move forward, these capabilities are critical for all retailers: Accept Contactless Payments. Traditionally, U.S. And the U.S.

Merchant Services 255

Merchant Services Payment Services Point of Sale Consumer 255

Retail TouchPoints

APRIL 27, 2021

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.

Merchant Services 130

Merchant Services Payment Services Consumer Point of Sale 130

Retail TouchPoints

JUNE 15, 2022

-based online sellers” are reportedly participating in the beta test of Buy Direct, but a source told Business Insider that Microsoft hopes the service will drive $25 million in gross merchandising value (GMV) by fiscal 2023, which ends June 30, 2023.

Merchant Services 306

Merchant Services Shopping Payment Services Advertising 306

Inside Retail

FEBRUARY 4, 2024

Consumers will be even more selective, payment flexibility and innovation will be vital, and new tools to boost online security will gain momentum. From budget-friendly options and making returns easy to rewards programs and payment options, every interaction can offer a reason to remain loyal.

Merchant Services 264

Merchant Services Payment Services Accounting Consumer 264

365 Retail

MAY 17, 2022

Axerve, Payment Partner to Grow, specialising in creating accessible and frictionless payment solutions for Ecommerce and physical sales, today announces the release of a new white paper, ‘ New technologies and trends in digital payments in 2022 ’. billion in fees, labour, and lost business in 2020.

Merchant Services 105

Merchant Services Payment Services Customer Experience Management 105

Retail TouchPoints

OCTOBER 12, 2020

It’s essential that websites and mobile commerce apps are designed well but also display accurate inventory readings and delivery dates, and offer simple and streamlined payment options. Unfortunately, many retailers fall short at checkout. Yet at the same time, automated service and support is more important than ever.

Consumer 179

Consumer Merchant Services Payment Services Shopping 179

Retail TouchPoints

DECEMBER 30, 2021

In 2020, consumers spent approximately $630 billion on online shopping, and merchants lost $12 billion to fraud. However, by understanding how fraudsters target different age groups, merchants can tailor their fraud prevention programs to fit the risk profiles for their customer demographics.

Merchant Services 298

Merchant Services Accounting Payment Services Returns 298

Retail TouchPoints

MARCH 3, 2022

ecommerce merchants pulled in $10.8 billion on Cyber Monday 2020 , while Singles Day in November 2021 in China drove $139 billion in sales for two of that country’s major online shopping platforms. That includes frictionless payments and checkout and fast shipping options. Consider that in the U.S.,

Merchant Services 246

Merchant Services Drop-Shipping Payment Services Shipping 246

Inside Retail

OCTOBER 19, 2021

As global apparel revenues plummeted almost 20 per cent in 2020, e-commerce has emerged as the silver lining of the fashion industry’s challenging year. E-commerce fashion sales are expected to grow almost 39 per cent between 2020 and 2023. Online shoppers want variety – and they want it for everything, including their payment options.

Merchant Services 147

Merchant Services Fashion Payment Services Checkout 147

Retail TouchPoints

FEBRUARY 4, 2021

On the surface, 2020 wasn’t a great year for globalization. For example, international online sales conducted through cross-border ecommerce solution eShopWorld (ESW) increased 82% year-over-year in 2020. When the pandemic first emerged on the global stage in March 2020, initial uncertainty caused a dip in international online sales.

Merchant Services 305

Merchant Services Beauty and Health Consumer Returns 305

Retail TouchPoints

NOVEMBER 11, 2020

Brick-and-mortar stores quickly set up online shops, and organizations offered new services such as online checkout, payout or purchasing options. The result was substantial: all North American online retail orders increased by 126% by May 3, 2020. For others, risks were invited in via third parties.

Merchant Services 194

Merchant Services Consumer Management Checkout 194

Retail TouchPoints

AUGUST 18, 2022

Buy now, pay later (BNPL) was the trendiest way to pay for all those lockdown purchases back in 2020. Most buy now, pay later offers are interest- and fee-free, unless customers miss a payment. consumers say they have used a buy now, pay later service, according to a recent study from The Ascent, a Motley Fool service.

Merchant Services 278

Merchant Services Payment Services Consumer Point of Sale 278

Retail TouchPoints

JULY 10, 2020

As well, many unknowns about pending legislation and its effect on merchants around the world can cause some anxiety for those in the industry. Merchants need to be aware of the constantly shifting nature of commerce and prepare accordingly to ensure they keep pace with the many factors impacting their business.

Merchant Services 191

Merchant Services Customer Experience Checkout Fulfillment 191

Retail TouchPoints

SEPTEMBER 8, 2021

According to a 2020 survey, over half of U.S. While Amazon is a consumer-facing platform, Shopify is merchant-facing; enabling small businesses, mom-and-pop stores and brick-and-mortar stores to sell online by handling payment and inventory for the businesses. It’s no secret that Amazon is the ecommerce titan.

Merchant Services 262

Merchant Services Payment Services Fulfillment Shipping 262

Retail TouchPoints

JUNE 23, 2021

In 2020, data security specialist Varonis calculated that close to 10 billion data records had been lost or stolen since 2013 — a third more records than there are people. In 2018, 151 million conventional (non-bot) attacks were observed, and of these, 91 million were directed at online merchants. alone, 19 per inhabitant.

Merchant Services 165

Merchant Services Payment Services Shopping Checkout 165

365 Retail

OCTOBER 5, 2023

iwoca , one of Europe’s largest small business lenders, today announces the integration of its B2B payment solution iwocaPay with leading commerce platform, Shopify. The move will allow Shopify’s B2B retailers to embed iwocaPay, the B2B trade credit solution, into their ecommerce checkouts.

Merchant Services 110

Merchant Services Payment Services Checkout Shopping 110

Retail TouchPoints

SEPTEMBER 16, 2021

In the last two months alone, TikTok has rolled out dedicated “Shopping Tabs” for Shopify merchants, Twitter began a pilot of its “Shop Module,” and Pinterest made it possible for creators to “control the shopability of their content” by tagging products. billion in sales in 2020. earning $26.97

Social Commerce 312

Social Commerce Consumer Merchant Services Checkout 312

Inside Retail

JANUARY 12, 2023

As far back as May 2020, an Ipsos study indicated that two-thirds of Americans were buying directly on, or discovering products through, social media. Social commerce covers end-to-end shopping journeys, from discovery, research and evaluation to checkout, all on the social media app. More than just ‘buy now’ buttons.

Social Commerce 264

Social Commerce Beauty and Health Merchant Services Fulfillment 264

A1 Retail

JANUARY 27, 2022

The value of payments made contactlessly increased 40.2 per cent compared to 2020. Thursday 23 December was the busiest day for contactless payments with the value of eligible transactions 121.4 Other significant increases in the value of payments made include at sports and outdoor retailers (up 64.7 per cent**.

Merchant Services 75

Merchant Services Payment Services Outdoor Checkout 75

Inside Retail

OCTOBER 11, 2022

Our new report, The Global Retailers Handbook , makes a case for the continued need for retailers to analyse and optimise every aspect of their e-commerce experience as consumers become more deeply connected to digital shopping and payments. . Payments must follow. E-commerce maintains its bounce. The rise and rise of marketplaces.

Merchant Services 130

Merchant Services Checkout Consumer Planning 130

Retail TouchPoints

SEPTEMBER 1, 2023

“You’re going to see a fresh coat of paint, you’re going to see new and improved lighting that really shows that product,” Rosen explained, and “you’re also going to see centralized checkout.” Beyond feeling the “reward” of great service, customers will see improved financial benefits through the retailer’s credit card and loyalty programs.

Planning 260

Planning Merchant Services Inventory Management Consumer 260

Small Biz Trends

JULY 18, 2021

ShipStation says, “COVID-19 and the supply chain issues of 2020 have heightened consumers’ expectations for visibility into their shipping and delivery.” The report says businesses have to provide real-time shipping rates and delivery estimates during the checkout. So, what is a retailer to do?

Shipping 143

Shipping Consumer Merchant Services Checkout 143

Independent Retailer

FEBRUARY 24, 2022

As more commerce moves online, customers expect merchants to recognize them. Unfortunately, even merchants that invest in personalized marketing sometimes trip on this final step before the sale. and Australia said they experienced online payment fraud between March 2020 and March 2021. by Bruno Farinelli.

Merchant Services 98

Merchant Services Payment Services Checkout Consumer 98

365 Retail

APRIL 28, 2021

Fashion brands are pivoting to offer new, value-add delivery services and improved post-purchase experiences to enhance sales, encourage customer loyalty and protect margins, the latest data from parcelLab , the leading operations experience platform, reveals.

Merchant Services 52

Merchant Services Payment Services Fashion Checkout 52

Retail TouchPoints

JULY 19, 2022

In 2018, she funneled all her retail, management and tech know-how into the creation of The YES , which debuted in 2020 and was acquired by Pinterest a mere two years later. I absolutely loved it, but I also recognized that we were bandwidth constrained by the process of fundraising — we could only build so fast.

Shopping 246

Shopping Social Commerce Merchant Services Fashion 246

A1 Retail

NOVEMBER 23, 2021

When Covid-19 hit in early 2020, millions of people began working — and shopping — from the safety of their homes. Slowly but surely, in-person shopping is returning, and an attacker can easily blend in with the crowd and sneakily attach a spoofing device to a computer at checkout.

Merchant Services 98

Merchant Services Checkout Returns Shopping 98

Store Growers

MARCH 9, 2020

Enhanced ecommerce to get a better view on the cart and checkout performance. Google Merchant Center (Beginner). Google Merchant Center (another free Google tool ) is the place where all the heavy lifting happens. A good start is to target visitors that are most likely to convert: shopping cart or checkout abandoners.

Advertising 75

Advertising Shopping Accounting Checkout 75

Store Growers

APRIL 1, 2022

Having your Google Merchant Center account suspended can be a death sentence for your business. Because if you can’t use Merchant Center, it also means you won’t be able to use Google Shopping. Why Your Google Merchant Center Account Got Suspended. How To Fix Google Merchant Center Suspensions.

Merchant Services 36

Merchant Services Accounting Payment Services Advertising 36

A1 Retail

FEBRUARY 22, 2022

New data from Klarna, the global retail bank, payments and shopping service, reveals that Klarna’s retail partners received 301 million clicks from consumers via the Klarna app globally in 2021, increasing their traffic by 2.6 times compared to 2020.

Merchant Services 52

Merchant Services Payment Services Comparison Shopping Checkout 52

365 Retail

NOVEMBER 1, 2021

With brick and mortar stores no longer a necessity, consumers can browse goods and services from the comfort of their own homes and checkout at the touch of a button. In 2020, social media giant TikTok entered into a global partnership with multinational e-commerce company Shopify.

Retail Trends 69

Retail Trends Social Commerce Merchant Services Checkout 69

Retail Times

APRIL 4, 2021

And as any good merchant knows, there isn’t one single solution or best practice for converting all kinds of customers. Start by making sure customers can get information about your store, products, and services particularly when they’re browsing the web. Solutions like Pointy (acquired by Google in 2020) make this simple.

Merchant Services 98

Merchant Services Checkout Shopping Point of Sale 98

Mass Relators

APRIL 28, 2022

“With [Amazon Web Services] growing 34% annually over the last two years, and 37% year-over-year in the first quarter, AWS has been integral in helping companies weather the pandemic and move more of their workloads into the cloud. that extends the convenience of shopping with Prime to online stores beyond Amazon.com.

Checkout 52

Checkout Merchant Services Fulfillment Location 52

Retail Geek

FEBRUARY 19, 2021

Episode 254 is a breakdown of Walmart and Shopify Q4 2020 earnings reports, a recap of 2020 sales data from the US Dept Commerce, and Amazon News. 2020 Sales Data. US Dept of Commerce released it’s retail data for December, which gives us a full picture of 2020, as well as the Q4 e-commerce data. versus 3.5%

Merchant Services 60

Merchant Services Payment Services Fulfillment Home Furnishings 60

Retail Geek

JANUARY 22, 2021

Episode 251 is our annual predictions episode for 2021 and a recap of our 2020 predictions. 2020 Recap – Predictions made on episode 204. 2020 Predictions Recap. 5% of retail in 2019, could be 8-10% in 2020 (as measured by IRI, for CPG private label). Bonus – More store closures in 2021 than 2020.

Drop-Shipping 73

Drop-Shipping Payment Services Merchant Services Returns 73

Mass Relators

JANUARY 20, 2023

where he led the operations teams and later served as a merchant. Vasos also led Dollar General’s self-checkout rollout, which he points out should be available in more than 13,000 stores by February 2023. In 2001, Vasos joined Longs Drug Stores Corp.

Beauty and Health 52

Beauty and Health Store Layout Merchant Services Advertising 52

Retail Geek

MAY 28, 2021

last year) Burlington – Comps up 20% (shutdown e-commerce Q1 2020) Gap – Comps up 28% (up 13% vs 2YA). The more reasons Amazon has for people that join Prime the more money they make on this whole ecosystem of services around Prime and it’s. Dollar General – US Comps down 4.6%; (up 17.1% Digital up 82% vs 2 YA.

Merchant Services 92

Merchant Services Apparel Shipping Marketing 92