Inside Retail

MAY 17, 2022

The industry’s latest move: accepting cryptocurrency as a form of payment. In countries where crypto is more regulated, retailers have opted to join forces with licensed payment platforms that are registered with local finance institutions to process transactions. Beyond payment.

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Merchant Services Payment Services Advertising Returns 243

Retail TouchPoints

AUGUST 7, 2023

After several years of declines and a host of executive switch-ups (particularly in the CEO role), Wish began a major overhaul of its business (still underway) and launched a marketing blitz to “reintroduce” itself to consumers in August 2022. Doubling down on merchants outside of China. The very next month Temu debuted in the U.S.

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Merchant Services Drop-Shipping Shipping Payment Services 245

Retail TouchPoints

AUGUST 18, 2022

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. By 2025, buy now, pay later is projected to account for 1.6% ($941 billion ) of global POS transaction value.

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Inside Retail

MAY 28, 2022

Terminals and payment solutions are key for every small business, but with complex costings and connectivity issues, can you really love them? But what about payment solutions? Is it really possible to love payment solutions? Where do they sit in the rankings of best and worst things about running a small business?

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Merchant Services Payment Services Target Market Accounting 130

Retail TouchPoints

OCTOBER 18, 2022

The company has aligned its merchant offers, cash back savings and shopping products in pursuit of providing a frictionless consumer journey. Existing Honey cash back and discounts feature has reportedly saved consumers nearly $200 million in 2022.

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Merchant Services Accounting Shopping Consumer 211

Retail TouchPoints

JULY 19, 2022

One of the groups identified in the suit is “Amazon Product Review,” which had more than 43,000 members until Meta took down the group earlier in 2022. Proactive legal action targeting bad actors is one of many ways we protect customers by holding bad actors accountable.”. the UK, Germany, France, Italy, Spain and Japan.

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Merchant Services Accounting Social Commerce ATS 264

Retail TouchPoints

JANUARY 20, 2022

But through this disruption, retailers began to see that their procurement process is in many ways the linchpin for maximizing revenue and reducing spend as the economy recovers post-pandemic. Specifically, procurement can help retailers optimize their spending on goods and services that are NOT for resale, also known as GNFR.

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Merchant Services Clienteling Shipping Inventory Management 264

Retail TouchPoints

APRIL 22, 2022

With the pandemic ushering a wave of traditionally brick-and-mortar merchants online since 2020, the chances of being targeted by scammers is at an all-time high. In 2022, it is no longer an option whether businesses can choose to protect against fraud, but a responsibility. Return Fraud.

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Merchant Services Returns Fulfillment Promotions 278

Retail TouchPoints

JUNE 17, 2024

Today, marketing programs are more comprehensive and measurable than ever, inclusive of apps, social media accounts, finely tuned promotions, influencer collabs, gift cards and more. In general terms, it is a digital promotion that is activated by using a specific payment card, website or app to make the purchase.

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Merchant Services Promotions Consumer Marketing 264

Hyken

FEBRUARY 14, 2022

Each week I read many customer service and customer experience articles from various resources. One of the most important parts of this process is making sure that you’re asking customers the right questions. But that doesn’t mean merchants can’t turn a negative into a positive. accounting, legal services).

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Merchant Services Customer Experience Returns Accounting 106

Inside Retail

DECEMBER 1, 2022

With Christmas just around the corner, it’s important to stay vigilant as scams and fraud can happen to any business that accepts debit and credit card payments, and can have a significant financial and reputational impact at this time of year. Tools like 3DSecure can help with these additional security processes.

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Merchant Services Payment Services Accounting Finance 147

Retail TouchPoints

SEPTEMBER 5, 2023

What were your biggest goals going into writing the book, and how did your approach evolve as you embarked on the writing process? Del Rey: The Marc Lore era at Walmart, if nothing else, brought a new sense of urgency to Walmart when it comes to new online features and services, and the incubation of new business ideas.

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Merchant Services Fulfillment Advertising Accounting 289

Retail TouchPoints

JULY 2, 2024

billion after its last funding round in May 2022. 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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Independent Retailer

FEBRUARY 8, 2022

Below are tips for growing your business and enjoying a prosperous 2022: Renovate and Upgrade to a Powerful POS. Katz, founder and CEO of National Retail Solutions, “Small, independent merchants struggle on small budgets to keep up with big-box stores. Integrated Credit Card Processing. According to Elie Y. Own a gas station?

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Merchant Services Checkout Accounting Promotions 98

Inside Retail

AUGUST 8, 2023

Super apps in Asia are trendy, and with good reason: they gather together a number of essential everyday services onto a single, easy-to-use platform. Sea, for example, provides an integrated suite of e-commerce (through Shopee), digital entertainment and financial services. Financial services accounted for $412.8

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Inside Retail

FEBRUARY 27, 2023

The analysis also reveals a broader shift in spending from goods to services over the year. This article has been prepared without taking into account your objectives, financial situation (including the capacity to bear loss), knowledge, experience or needs. Full disclosures and disclaimers.

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Independent Retailer

NOVEMBER 2, 2021

Independent Retailer has rounded up some of the most important emerging trends in retail to watch out for in 2022 from top retail experts in the industry. Crypto Payments Help Deliver a Competitive Advantage. There are four main findings based on interviews with four merchants that accept bitcoin and other cryptos.

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Merchant Services Payment Services Shipping Wholesale 105

Star Miconics

AUGUST 17, 2022

This was good for both merchants and consumers, but it ultimately led to a surge in chargebacks and friendly fraud. Merchants have the right to contest invalid chargebacks, but proving a claim is bogus requires evidence. Merchants have the right to contest invalid chargebacks, but proving a claim is bogus requires evidence.

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Merchant Services Returns Point of Sale Consumer 97

Inside Retail

OCTOBER 18, 2021

All trends are pointing to an acceleration of e-commerce in 2022, making right now a critical time to prepare for the challenges and opportunities ahead. It will feature commentary by Klaviyo’s strategic account executive for SMS Navin Jain and Starshipit’s partnerships executive Sofia Newcombe.

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Shipping Checkout Merchant Services Customer Experience 147

Independent Retailer

AUGUST 29, 2022

BNPL is a great payment option, especially with the holiday season coming up so consumers do not have to front the entire amount at the time of purchase. BNPL is a great payment option, especially with the holiday season coming up so consumers do not have to front the entire amount at the time of purchase.

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Merchant Services Payment Services Checkout Accounting 98

Inside Retail

JULY 11, 2022

As Alejandro Osorio, Country Head of Grab Thailand, puts it, “We’ve seen this opportunity in the soaring demand for food and package delivery services that’s made our delivery partners with their delivery bags increasingly become a significant touchpoint. It is visible and widely accessible to consumers in all areas.”.

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Merchant Services Payment Services Advertising Accounting 130

Retail TouchPoints

JULY 14, 2022

The net impact of these decisions will result in an estimated $40 million cost reduction in the run rate of the business on an annualized basis beginning in Q3 2022. She will be responsible for creating a seamless store and digital commerce business globally and will be accountable for sales and profitability across both channels.

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Merchant Services Planning Fulfillment Advertising 276

365 Retail

AUGUST 14, 2023

On one hand the marketplaces, on the other their merchant partners, with the issue of payments processes the chief bone of contention. This July, for instance, Etsy made the decision to withhold 75% of payments to merchants for 45 days in order to “keep the marketplace safe” and ensure sufficient cash for refunds.

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Merchant Services Payment Services Accounting Consumer 52

Retail TouchPoints

OCTOBER 3, 2023

What’s Old is New Again Marketplace sellers are a hot commodity these days, and Ebay is far from the only one trying to convince these merchants that theirs is the best platform to sell on. Other marketplaces are working on simplifying the listing process as well, but at Ebay such tools have the potential for an outsized impact.

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Merchant Services Accessories Customer Experience Consumer 279

Inside Retail

NOVEMBER 23, 2021

Amazon’s latest spat with Visa shows big retailers, armed with a growing array of payment options, are gaining the upper hand in their power struggle with card providers, but it’s not a crisis for the payment company. “If a merchant wants to offer credit in a different way, we’re agnostic.

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Merchant Services Finance Accounting Consumer 130

V Count

SEPTEMBER 15, 2022

A modern POS system lets you accept customer payments at a specific location or on the go and can help you track your sales in an efficient way. All clover devices come with built-in software to help you accept payments, offer customer rewards, manage employee schedules, and more. No hidden fees or third-party accounts.

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Merchant Services Payment Services Inventory Management Planning 98

V Count

SEPTEMBER 15, 2022

A modern POS system lets you accept customer payments at a specific location or on the go and can help you track your sales in an efficient way. All clover devices come with built-in software to help you accept payments, offer customer rewards, manage employee schedules, and more. No hidden fees or third-party accounts.

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Merchant Services Payment Services Inventory Management Planning 92

Retail TouchPoints

FEBRUARY 21, 2023

How 2022 Upended Digital Marketing While social sites have for several years now been trying to crack the nut of enabling commerce directly in their platforms, success has remained elusive, and advertising is still the primary vehicle for social commerce today. YouTube also reported an ad revenue miss in Q4 2022, with its $7.96

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Inside Retail

JANUARY 12, 2023

McKinsey & Co stated in mid-2022 that social commerce comprised more than 13 per cent of China’s total e-commerce sales. Twitter Shops enables merchants to showcase up to 50 products on their Twitter profile. And for consumers: Discovery of new products and services. trillion ($1.9 trillion) in global sales by 2025.

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Social Commerce Beauty and Health Merchant Services Fulfillment 264

Small Biz Trends

JUNE 6, 2022

Shopify Masterclass: How to Build a Successful Store In 2022. Shopify Masterclass: How to Build a Successful Store In 2022 will teach you what Shopify is and how you can grow your business with it. You will learn to work remotely as a Shopify freelancer and set up your store using Shopify for merchants.

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Merchant Services Payment Services Shipping Accounting 138

Small Biz Trends

AUGUST 26, 2022

These grants or one time payment offers through stimulus programs are a great way to keep your business going if you are facing financial difficulty. Programs such as Small Business STIMulus Grant Program will be providing one-time payments of up to $50,000, while other grants will be offering up to $10,000 to support operations.

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Merchant Services Payment Services Accounting Location 98

Retail TouchPoints

OCTOBER 27, 2023

In September, Amazon announced that it would be following the lead of nearly every other streaming service by running ads on its Prime Video programming beginning in early 2024. This shift will make Prime Video “the largest premium ad-supported service, reaching an estimated 115 million viewers in the U.S.

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Inside Retail

JUNE 19, 2022

The index – which combines Commonwealth Bank of Australia (CBA) payments data and Google Trends search information – regained ground after falling in April, with increases across seven of its 12 categories in May, including home buying, fitness & health and transport, alongside falls in entertainment, travel and insurance spending.

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Merchant Services Accounting Consumer Marketing 130

Retail TouchPoints

FEBRUARY 14, 2023

in September 2022), it has already become one of the most downloaded apps in the country and, like its predecessors, has also already prompted a slew of complaints to the Better Business Bureau for product quality and customer service issues. In its brief five -month existence (the app launched in the U.S.

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Inside Retail

AUGUST 30, 2022

According to CommBank data 2 , online turnover across our merchant base has grown 18.2 This is where putting the customer in control of how they purchase can help, including a range of new financing and payment options for the customer to choose from. 1 CommBank Household Spending Intentions (HSI) Index July 2022.

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Merchant Services Payment Services Target Market Accounting 26

Retail TouchPoints

AUGUST 16, 2023

Livestreaming accounted for more than 17% of all ecommerce sales in 2022 in China, but in the U.S. In fact, NBCU just launched a self-serve platform for brands to advertise on its CTV app Peacock , and many other streaming services have similar offerings. it made up just 2% of ecommerce last year. The best part?

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Independent Retailer

JUNE 23, 2022

Times are tough, especially for businesses struggling to stay afloat with the increased expenses from credit card processing companies. National Retail Solutions (NRS) offers NRS PAY credit card processing to help merchants with this problem. If a merchant processes lower volume, FeeBU$TER carries one flat monthly fee of $49.95

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Merchant Services Payment Services Point of Sale Accounting 52