Remove Finance Remove Payment Services Remove Planning
article thumbnail

Social Commerce Revolution: How Payments Innovation Transformed the Digital Shopping Experience

Retail TouchPoints

They extend to things like livestreams, shoppable content and payment links within Instagram Reels, stories, TikTok videos or Pinterest Pins. Airwallex data also shows that despite ever-shifting market conditions, most global consumers (54%) plan to increase their cross-border purchasing over the coming months.

article thumbnail

The Container Store Goes Private Following Month-Long Bankruptcy

Retail TouchPoints

The move is part of a reorganization plan that was approved by the U.S. With our restructuring process now behind us, we have renewed energy and excitement to deliver for our customers, said Satish Malhotra, CEO and President of The Container Store in a statement. Bankruptcy Court on Jan.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

From Obligation to Opportunity: Make Compliance Your Biggest USP

Retail TouchPoints

The challenging economic environment, intense regulatory pressure and ever-present threat of fraud are creating a perfect storm that’s sweeping across the global payments landscape. Instead of seeing compliance as a painful obligation, it’s time to see it as a springboard for innovation, expansion and collaboration.

article thumbnail

Beyond Raises Red Flag on Container Store Partnership, Sets Jan. 31 Deadline to Pull Out

Retail TouchPoints

has raised concerns about its proposed partnership with The Container Store , saying it is concerned about the latter’s ability to secure the necessary financing and that it may terminate the deal if satisfactory financing is not secured by Jan. Bed Bath & Beyond parent company Beyond, Inc.

Finance 274
article thumbnail

Why it’s a good idea to offer payment plans to your business customers

Inside Retail

Payment flexibility has been commonplace in B2C transactions for many years, and now, emerging payment technology is making this possible for B2B trade. Why should your business provide payment plans to business customers? This reduces the likelihood of late payments and strengthens your customer relationships. .

article thumbnail

Small business finance: Five tips for managing cash flow effectively

Inside Retail

For many Aussie small and medium business owners, the ideal scenario paying suppliers as late as possible while receiving immediate payment from customers simply isnt realistic. Stay on top of invoicing Send invoices promptly and follow up on late payments diligently. Now, with the basics covered,lets look at some actionable tips: 1.

Finance 130
article thumbnail

Shopify’s Double-Edged Sword: Tackling Accounting Complexities with Automation

Retail TouchPoints

However, this expansion brings to light a critical issue for CFOs and finance teams: the intricate and often underestimated task of recognizing and booking revenue in the ecommerce domain. In addition to non-compliance with GAAP, inaccurate revenue recognition can lead to failed audits and poor business decisions based on skewed data.