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Resilience is Key as Payments Acceptance becomes Mission-Critical

Retail TouchPoints

Cards have become by far the most popular payment method, with contactless now accounting for most purchases made at retail stores. Uninterrupted Power Supplies (UPS) and generators are valuable for boosting resilience, especially if trading in locations that experience regular electricity power-cuts.

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Mastercard is getting rid of credit card numbers. Cards themselves may be next

Inside Retail

So-called card-not-present fraud , where an offender processes an unauthorised transaction without having the card in their physical possession, accounts for 92 per cent of all card fraud in Australia. For example, the 2022 Optus data breach exposed information from customers who had previously held accounts with the telco back in 2018.

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Boss Revolution: International calling and mobile top-ups from Australia

Inside Retail

It’s as easy as downloading the app, signing up for Boss Revolution, and adding funds to your account. Note that costs can vary depending on the called party’s location. To ensure you get a reliable and low-cost calling service , Boss Revolution delivers crystal clear and uninterrupted calls via telecommunications hubs.

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What the ‘Next Normal’ in Consumer Behavior Means for the Hourly Economy

Retail TouchPoints

In 2019, for example, internet grocery purchases accounted for only about 3% of total sales, according to a Deutsche Bank Securities report. It now offers more than 3,200 pickup locations and delivery from more than 1,600 stores. The magnitude and speed of this acceptance suggest it’s unlikely to recede. Walmart, the largest U.S.

Consumer 249
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Serendipitous Social Impact is Just One Click Away

Cisco Retail

This is where I listened in on two topics that were quite new to me: first the Cisco Global Problem Solver Challenge, which rewards the best technological projects solving a social problem, and secondly how Cisco was solving connectivity problems in remote locations, in partnership with Mercy Corps. from TIC A.C. was one of the winners!

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What Is a Digital Twin?

Nvidia

By many accounts, NASA was the first to introduce the notion of the digital twin. NASA had set up simulators of systems on the Apollo 13 spacecraft, which could get updates from the real ship in outer space via telecommunications. It also plans to take into account measurements of the environmental impacts of human activities.

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Crypto Payments Adoption in FinTech: How Do Retailers Fit in?

Retail TouchPoints

The issue with this is that both retailers and customers have to have accounts set up in the same exchange platform. It also requires businesses to create a digital wallet, obtain a shareable QR code and keep track of every checkout location. But for now there are very few alternatives that aren’t third-party hybrid providers.