Remove Finance Remove Payment Services Remove Wholesale
article thumbnail

The Real Price of a Data Breach in Retail

Retail TouchPoints

Businesses today operate in a fast-moving cyber threat landscape. As digital operations become more complex and cybercriminals launch increasingly sophisticated phishing and malware attacks, data breaches have become common occurrences. For retailers and consumer businesses, a surge in data breaches presents difficult challenges.

article thumbnail

Suppliers: How to get your retail business customers to pay you quicker

Inside Retail

Options such as buy now, pay later (BNPL) services were first introduced to business to consumer (B2C) transactions, giving customers the ability to access products and services they need today while paying at a later date or over a series of instalments. . Transform your B2B transactions with better payment technology.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Alibaba Seeks to Enable Entrepreneurs with New Sourcing and Financing Tools

Retail TouchPoints

Same goes for the services Alibaba is building to stay competitive: financing solutions, fulfillment services, AI tools to make the process of using the platform easier, localized warehousing to speed up delivery. In operation since 1999, Alibaba.com currently serves approximately 8 million SMEs in the U.S

Finance 264
article thumbnail

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

Retail TouchPoints

But one area of commerce has stubbornly resisted this move toward digitization — wholesale. People basically just ignored the third leg of that triangle though, the wholesale leg.” For nearly two decades now online marketplaces have proliferated, beginning with Ebay and Amazon, followed by Walmart, Etsy and countless others.

Wholesale 264
article thumbnail

BNPL: It’s been a hit for consumers and now businesses get their turn

Inside Retail

Buy now pay later (BNPL) services have quickly become commonplace for consumers. Offering people the ability to spread out their payments for goods and services across regular intervals enables consumers to better manage their own cash flow. Shift the financial risk with third-party business finance.

article thumbnail

BNPL: A Win-Win for Retailers and Consumers as the Holidays Approach

Retail TouchPoints

BNPL is a financing option that makes sense from a consumer perspective. The service allows shoppers to buy higher-ticket items without committing to the full price upfront. Working with BNPL providers is also a no-brainer for retailers, despite their higher processing fees. BNPL Can Have an Effect on Consumers and Retailers.

article thumbnail

Why the future of Australian retail lies in unified commerce

Inside Retail

Improve operational efficiency Business efficiency issues are a big pain point for many Australian retailers. To improve efficiency, rein in operational costs, and maintain healthy profit margins, we’ve seen savvy retailers turn to unified commerce in spades.