GetElastic

AUGUST 1, 2019

At the end of 2018, ecommerce sales accounted for more than 14% of all retail sales across the globe. But as an ecommerce merchant, there is a lot of nuance to running a successful online store that brings in revenue. Here are two of the most common online payment challenges and how you can overcome them. Battery Pete.

Payment Services 150

Payment Services Merchant Services Payments Mobile 150

BigCommerce

FEBRUARY 2, 2018

Niche products are goods or services that serve a specific segment of customers. Taking this tack when generating ideas for a product or service is a reliable avenue to kickstart a successful business. Those small annoyances can turn out to be a brilliant business idea. Identify or create products that solve a problem.

Merchant Services 419

Merchant Services Payment Services Shipping Costs Beauty and Health 419

Ecommerce Platforms

DECEMBER 9, 2019

However, you won’t be able to pluck success from the ecommerce world until you’ve got one more thing right: your payment gateway. The payment gateway on your ecommerce site is how you accept and process payments from your customers when they visit you online. Stripe vs PayPal: Features and Services.

Payment Services 138

Payment Services Merchant Services Payments PayPal 138

BigCommerce

DECEMBER 13, 2017

A step-by-step guide to determining your actual Amazon revenue. This is actually the second publishing for this book – an updated version for 2018. That timing is critical. “This stuff is complex,” I told him, “but the revenue opportunity for our customers is too ridiculous to ignore. Download Now.

Definition 420

Definition Merchant Services Multi-channel Books 420

Retail TouchPoints

MAY 16, 2022

has grown by more than 300% per year since 2018, reaching 45 million active users in 2021. It’s clear this reverse layaway payment model is also here to stay. In BNPL, consumers receive the goods or services that they want to buy, but payment is staggered over monthly payments for a certain period of time with no interest.

Merchant Services 203

Merchant Services Payment Services Payments Mobile 203

Ecommerce Platforms

AUGUST 8, 2019

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. Facilitate payments.

ACH 134

ACH Payment Services Merchant Services Payments 134

BigCommerce

SEPTEMBER 6, 2018

On the one hand, it’s an once-in-a-year opportunity to run promotions , launch new campaigns to acquire new customers , and ramp up for a long running revenue train to start the new year. But this still doesn’t account for the significant lift in customer service volume during the holiday season.

Payment Services 288

Payment Services Merchant Services Live Chat Customer 288

GetElastic

DECEMBER 18, 2020

As Gartner aims to prepare application leaders for the accelerated shift towards digital, they predict that, “ By 2024, leading commerce organizations will generate 10% of online revenue from services attached to physical products.”. Payment services. 56% of millennials rate convenience highly when shopping online.

Merchant Services 148

Merchant Services Payment Services Payments Subscription 148

BigCommerce

NOVEMBER 28, 2017

Now, it’s time to pick, pack, ship and take a look at your marketing campaigns to see which won, which lost and what that may mean for your 2018 marketing initiatives. Each year, BigCommerce looks at same-store sales to determine the real increase in revenue and orders data year over year for ecommerce brands on the platform.

BigCommerce 415

BigCommerce Merchant Services Small Business Retail Food and Beverages 415

BigCommerce

FEBRUARY 1, 2018

What options do I have to accept payments? The services they offer combine the need for multiple technologies all in one: Hosting. PCI compliance. For instance, it costs roughly $6,000 – $20,000 more per year for Shopify merchants to achieve feature parity with the out-of-the-box functionality of BigCommerce.

Shipping Costs 411

Shipping Costs Merchant Services Payment Services BigCommerce 411

ESW

JANUARY 11, 2021

However, managing payments is so essential that large eCommerce brands typically outsource these financial, regulatory and chargeback concerns to a Merchant of Record (MoR). A Merchant of Record is an authorized entity that handles eCommerce transactions—and everything they involve—on your behalf.

Merchant Services 78

Merchant Services Payment Services Payments eCommerce 78

Ecommerce Platforms

OCTOBER 10, 2022

And given the prevalence of the modern digital ecommerce platform, it’s never been easier to start being a merchant yourself. Accepting credit card payments is as easy as signing up to the right platform. Setting Up Payments. Choosing a Fulfillment Service. A Note on CBD Compliance. Table of contents. What is CBD?

Merchant Services 197

Merchant Services Payment Services Payments Shopify 197

Retail TouchPoints

AUGUST 7, 2023

And Wish, which held that top spot back in 2018, has now dropped out of the top 50 completely after having fallen to #35 as of last March. There are other troublesome indicators for the company: Q2 saw declines across the board at Wish. Doubling down on merchants outside of China. A Little Bit of History Repeating?

Shipping Costs 226

Shipping Costs Merchant Services Payment Services Shipping 226

Retail TouchPoints

AUGUST 15, 2023

What it didn’t have at that point was a streamlined, intuitive online checkout process — and that quickly became a major hindrance to the company’s DTC expansion plans. “We It was an involved, intense process. Once there’s a certain percentage of fraudulent orders, financial companies [can stop servicing you].”

Merchant Services 199

Merchant Services Payment Services Customer Experience Payments 199

Ecommerce Platforms

JULY 8, 2019

Store management and payment processing – the two functions that pretty sum up what you should expect from a POS system. Therefore, while the numerous options trigger increased competition among providers, your selection process can be a bit overwhelming. The former accounted for more than 60% of the new systems in 2018.

Point of Sale 169

Point of Sale POS Payment Services Merchant Services 169

FastSpring

MARCH 8, 2024

SocialBee , a social media management platform and SaaS based in Romania, first started using FastSpring in 2018. Co-Founder and Chief Executive Bee Ovi Negrean has used the word “flawlessly” to describe how FastSpring’s merchant of record use case has worked for SocialBee (more on that below!).

Subscription 138

Subscription Merchant Services Management Payments 138

Ecommerce Platforms

JUNE 8, 2020

The initial date for Magento 1 End of Life (EOL) was November 2018. However, in September 2018, Magento set the final end of life date to June 30, 2020. Joe Ayyoub, the Director of Support Operations at Magento, made it clear that the extension of the EOL is to ease the stress on their merchants.

Magento 138

Magento Merchant Services Payment Services eCommerce 138

FastSpring

JANUARY 31, 2023

To help you choose between Stripe vs. Paddle vs. FastSpring, this guide compares: What areas of the payment lifecycle each one provides a solution for (e.g., payment processing, gathering and remitting taxes, and subscription management) and what additional software you’ll need to add to your tech stack.

Payment Services 115

Payment Services Merchant Services Payments Subscription 115

FastSpring

MAY 20, 2024

Moving some, all, or simply more of your software offerings from a one-time perpetual license model to a software as a service (SaaS) subscription model can be daunting, but it’s so powerful for building dependable, recurring revenue. Are you looking for a merchant of record that will partner with you to grow your SaaS business?

Merchant Services 127

Merchant Services Payments Payment Services Subscription 127

Ecommerce Platforms

FEBRUARY 5, 2020

As one of the fastest-growing SaaS services for online businesses, Shopify has turned the heads of countless entrepreneurs. As of 2018, there were 1.8 Support : Customer service is crucial when investing in any ecommerce software, from a website building service to a web hosting provider.

Shopify 195

Shopify Merchant Services Payment Services Shipping Costs 195

Ecommerce Platforms

NOVEMBER 6, 2018

The features and services on offer for Enterprise are of the highest level that BigCommerce provides their customers. As it's intended for high-volume businesses the features are able to withstand the huge influx of traffic and to manage the high conversion rate. On-premise vs SaaS.

BigCommerce 143

BigCommerce Merchant Services Payment Services Shipping Costs 143

FastSpring

JANUARY 29, 2020

Want to learn more about the five ecommerce payment trends shaping 2020? Push for smarter payment processing. More businesses will transition to a subscription model. What’s even more staggering is that online sales via smartphone are up 46% from 2018. A push for smarter payment processing.

Payment Services 62

Payment Services Merchant Services Payments eCommerce 62

Ecommerce Platforms

NOVEMBER 27, 2019

Both of these tools are market leaders in the payment industry, with features that have transformed the way that we pay for the things that we need. What's more, both Stripe and Square are on the cutting edge of payment technology, giving businesses access to more efficient and reliable ways of accepting and managing their transactions.

Payment Services 104

Payment Services Merchant Services Payments POS 104

FastSpring

JANUARY 25, 2019

Want to learn more about the 5 ecommerce payments trends shaping 2019? In 2018, Cyber Monday online sales totaled $7.9 Give your customers the flexibility to complete their purchase from any device, regardless of where they initially started the checkout process from. A push for smarter payment processing.

Payment Services 61

Payment Services Merchant Services Payments eCommerce 61

Ecommerce Platforms

FEBRUARY 20, 2020

It turns out 43% consider omnichannel integration a priority, 45% prioritize payment security compliance, and 53% are planning to introduce additional features to their current retail POS systems. That means their core data is held and processed from cloud servers. And that’s not all. 9: Clover POS. What Is A Retail POS System?

POS 118

POS Payment Services Merchant Services lightspeed 118

Ecommerce Platforms

OCTOBER 15, 2020

It provides shoppers some much-needed wriggle room with its buy-now, pay-later service. Is this payment service too good to be true, or is it just another way to fall into debt? The crux of Afterpay is that shoppers can settle their purchases across four installment payments. Afterpay Review: Afterpay's Four-Part Process.

Merchant Services 118

Merchant Services Payment Services Payments Shipping Costs 118

Inflow Insights

DECEMBER 9, 2019

Shopify’s own brand began by servicing smaller retailers. They have since grown quite a bit — and so have the growth stages they service. Magento is its own software and service ecosystem that was acquired by Adobe in 2018. 25% of average revenue after your store reaches $800K in revenue. and 2.15% + $0.30

Magento 148

Magento Shopify Payment Services Shipping Costs 148

ESW

AUGUST 10, 2020

The 2018 True Cost of Fraud Study by LexisNexis found that retail fraud attempts had increased by almost one-third over the course of a year. Another study by Juniper Research estimates online merchants will lose more than $25 billion to fraud in 2024, up from $17 billion in 2020.

Payment Services 148

Payment Services Merchant Services eCommerce Shipping Costs 148

Ecommerce Platforms

FEBRUARY 20, 2020

It turns out 43% consider omnichannel integration a priority, 45% prioritize payment security compliance, and 53% are planning to introduce additional features to their current retail POS systems. That means their core data is held and processed from cloud servers. And that’s not all. 9: Clover POS. What Is A Retail POS System?

POS 104

POS Payment Services Merchant Services lightspeed 104

Onilab User Guides

DECEMBER 21, 2018

Each year, the e-commerce industry grows in revenue. Three years later, by the end of 2018, the global online sales revenue is approaching an impressive $2.842 trillion dollars, an almost x2 increase. Online stores process payments without the presence of a credit card. Merchants Get Fines for ??

Payment Services 45

Payment Services Merchant Services Payments Magento 45

Kissmetrics

SEPTEMBER 8, 2020

Searches including the phrase “best place to buy” with the applicable product or service keyword grew by 70% between 2015 and 2018. After making a series of company acquisitions, Google started its desktop web mapping service in 2005. Go to Google My Business and claim a listing for your business. So far, so good.

Merchant Services 268

Merchant Services Payment Services Mobile Payments 268

Korona

MARCH 30, 2022

The payment industry has been anticipating drastic changes to its standards for several years now. These changes to the Payment Card Industry Data Security Standard (PCI DSS) are finally being implemented in the first half of 2022. This post aims to cover what PCI compliance entails, what the PCI DSS v4.0 What Is PCI Compliance?

Payment Services 52

Payment Services Merchant Services Payments POS 52

FastSpring

JULY 8, 2019

merchants in 2018 , up 15% from $449.88 Unfortunately, as growth in online payments continues to climb so do instances of credit card fraud. Governments have started taking online payment fraud seriously in an attempt to protect consumers and hold companies more accountable. Consumers spent $517.36 billion by 2020.

Merchant Services 70

Merchant Services Payment Services Payments Shipping Costs 70

SellBrite

DECEMBER 20, 2019

million in revenue. billion in 2018), and the industry of social media influence is predicted to be worth between $5 and $10 billion by 2020. Influencer marketing is such a big business that in 2019, more than 320 new influencer marketing platforms emerged to simplify the process for brands and influencers. 35% of U.S.

eCommerce 184

eCommerce Social Media Merchant Services Payment Services 184

Ecommerce Platforms

FEBRUARY 10, 2023

Near-on, every online merchant has heard of it, and thousands upon thousands of stores have built their success based on its feature-rich software. Most merchants fall into the category of paying “only” $2,000 per month. Shopify Plus is probably not a reasonable expense for your business if the costs seem excessive.

Shipping Costs 104

Shipping Costs Shopify Merchant Services Payment Services 104

SellBrite

MAY 3, 2021

Regardless of the platform you choose for dropshipping, there are typically three parties involved in the dropshipping process: seller, customer, and supplier. A brief overview of the dropshipping process. Dropshipping is a popular choice of order fulfillment among many ecommerce merchants for a reason. Seller: That’s you.

WooCommerce 166

WooCommerce Shipping Costs Merchant Services Payment Services 166

GetElastic

AUGUST 23, 2019

About seven out of every ten online shoppers abandon their online shopping carts making shopping cart abandonment an enormously frustrating and expensive challenge for ecommerce merchants. This reduces the willingness of the potential subscriber to continue through the opt-in process. This translates to a 100% delivery rate.

eCommerce 147

eCommerce Merchant Services Marketing Shipping Costs 147