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Payments in 2021: What Lies Ahead After the Digital Boom

Retail TouchPoints

It has been a year of momentous change for the payments industry. For instance, cash usage waned even further this year amongst fears around the pandemic, leading to a coin shortage across the country that had many merchants pointing consumers to digital payments if they lack exact change.

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Cryptocurrencies are the Future of Payments: Here is How Merchants Fit In

Retail TouchPoints

Reinventing Payments: The Entry of Bitcoin. Bitcoin began as a concept to revolutionize payments in 2008, and today stands at a total valuation of more than $1.1 Bitcoin began as a concept to revolutionize payments in 2008, and today stands at a total valuation of more than $1.1

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7 Brands Discuss the Benefits of the New Cashless Economy and Apple Pay’s Growing Ubiquity

BigCommerce

From crypto-currencies to peer-topper payments and one-click checkouts, modern innovations are shifting the basic payment infrastructure of our economy. 2007: Both the iPhone and the Droid operating system are released.?. 2008: Bitcoin is invented.?. 2020: 90% of smartphone users will have made a mobile payment. ?.

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Scarred by the 2008 Recession and COVID, 48% of Gen Z Frequently Shops at Discount Stores

Retail TouchPoints

That sense of unease is to be expected from a cohort shaped by both the 2008-2009 Great Recession and the COVID pandemic, and it’s had a big impact on their shopping choices: nearly half ( 48% ) say they shop the most often at discount/off-price retailers, and 25% frequently patronize dollar stores.

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Digital Commerce and the Threat of Card-not-present Fraud

BigCommerce

New Payment Methods, New Fraudulent Activity. Mobile payments are also making an increasing impact. Mobile payments are also making an increasing impact. This shift to mobile is pushed along with the ever expanding list of payments-enabled devices. Let’s look at a few of those –– and what you can proactively do about it.

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Dwolla Review 2019: ACH Payments Made Easy

Ecommerce Platforms

If so, you'll need to find and use a top-notch payment platform. This solution helps to simplify automated clearing house payments (ACH) and white label bank transfers for businesses. It’s especially handy for companies who want to use bank transfers as a cheaper, easier way to make payments. Dwolla facilitates ACH payments.

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As Gen Z Enters Prime Spending Years, Brands Sharpen Their Pitch

Retail TouchPoints

They’ve been shaped/scarred by not one but two global economic traumas — the Great Recession of 2008-2009 and the COVID pandemic — and they’ve grown up with social media playing an increasingly large (and loud) role in shaping culture, including how these consumers shop, research and purchase products and services.