Kissmetrics

SEPTEMBER 4, 2020

So, the way in which you accept payments matters for both you and the customer. Not only that, as a business owner you need to know that you’re not shelling out cash on inferior services or unnecessary additional fees. Therefore, this post will cover everything you need to know about choosing the right credit card processing company.

Payment Services 269

Payment Services Merchant Services Payments eCommerce 269

Retail TouchPoints

APRIL 5, 2021

It has been a year of momentous change for the payments industry. Years of transformation transpired in just a few months with rapid shifts in both consumer behaviors and merchant expectations for e-commerce. And how will permanently altered consumer behaviors shape online payment preferences?

Merchant Services 188

Merchant Services Payment Services Payments eCommerce 188

Retail TouchPoints

OCTOBER 30, 2023

One such payment option that has demonstrated its effectiveness in streamlining these transactions is Dynamic Currency Conversion (DCC). DCC is an optional service offered at the point of sale, allowing customers to view the cost of their purchases in their home currency.

Payment Services 238

Payment Services Merchant Services Payments Point of Sale 238

365 Retail

MAY 17, 2022

Axerve, Payment Partner to Grow, specialising in creating accessible and frictionless payment solutions for Ecommerce and physical sales, today announces the release of a new white paper, ‘ New technologies and trends in digital payments in 2022 ’. billion in fees, labour, and lost business in 2020.

Merchant Services 104

Merchant Services White Paper Payment Services Multi-channel 104

Retail TouchPoints

MAY 18, 2022

Mastercard has launched a new Biometric Checkout Program globally that will enable merchants of all sizes to offer contactless biometric checkout experiences based on facial- or palm-based recognition technology. Customers visiting the pilot stores can enroll with their facial and payment information through the Payface app.

Merchant Services 239

Merchant Services Retail Banking Technology 239

FastSpring

AUGUST 7, 2020

One of the most significant causes of abandoned digital product purchases is friction within the checkout process. That is why we would like to introduce the PYMNTS Cross-Border Merchant Friction Index, a resource analyzing the key friction points experienced by the global consumer. How to Utilize the Merchant Friction Index.

Merchant Services 144

Merchant Services B2C B2B Download 144

Retail TouchPoints

SEPTEMBER 25, 2024

Department of Justice has sued Visa for anticompetitive practices in debit card networks, which it says penalize merchants that try to use alternatives. The DOJ claims that Visa has violated Sections 1 and 2 of the Sherman Act and that its actions have cost consumers and business “billions of dollars” in additional fees.

Merchant Services 144

Merchant Services Payment Services Banking Document 144

Retail TouchPoints

JULY 8, 2022

The good news is that since its global popularization in 2020, Buy Now Pay Later (BNPL) has become a real game-changer for merchants looking to boost their business. For shoppers, BNPL is a seamless payment method that helps break up their purchases into several installments, bringing more cash flow and budgeting flexibility.

Merchant Services 237

Merchant Services Payment Services Payments Point of Sale 237

Retail TouchPoints

NOVEMBER 18, 2020

Shopify has partnered with Alipay for a program that will let Shopify retailers seamlessly accept payments through Alipay from more than 1 billion active users in China — with plans to add hundreds of million more users across Asia. was the top country selling into China during the 2020 event, generating $5.4

Merchant Services 151

Merchant Services Payment Services Shopify Financial Services 151

FastSpring

AUGUST 11, 2021

In Malaysia, Sales and Service Tax (SST) is a consumption tax imposed on a wide range of goods and services. is much simpler for businesses compared with the previous Goods and Services Tax (GST) regime it replaced and the old SST framework that preceded GST. Below you’ll find everything you need to know about SST as a merchant.

Merchant Services 144

Merchant Services Payment Services Telecommunications B2B 144

Retail TouchPoints

APRIL 23, 2021

Flexible payment provider Affirm is expanding its range of services to include the post-purchase experience with the acquisition of online returns solution Returnly for approximately $300 million. Retailers such as Walmart , Bonobos and Peloton currently use Affirm to offer customers flexible payment options such as Buy Now, Pay Later.

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Merchant Services Payment Services Fashion eCommerce 273

Retail TouchPoints

OCTOBER 19, 2022

As economic pressures and living costs surge, more people than ever are considering using point-of-service (POS) finance — such as buy now, pay later and installment loans — to manage their cashflow. It’s clear that there is a consumer-driven need for more flexible finance and smarter buying power. .

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POS Merchant Services Payment Services Payments 208

Retail TouchPoints

NOVEMBER 4, 2021

Despite having just officially begun, this holiday shopping season already is marked by supply chain disruption, persistent inflation and mixed consumer confidence. And just like last year, it looks like consumers will respond by turning to ecommerce.

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Shipping Costs Consumer Supplies Merchant Services 258

Groove

APRIL 1, 2022

Introduction Because you’re reading this eBook, you’re likely an eCommerce retailer selling consumer packaged goods online, or you own a brick-and-mortar store and want to transition to eCommerce. What are Consumer Packaged Goods? First, let’s define what you’re trying to sell — consumer packaged goods. increased $63 billion.

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Merchant Services Consumer Shipping Costs Drop Ship 195

Retail TouchPoints

JANUARY 14, 2022

retailers sold in November 2020 increased 25% year-over-year , with an additional increase of 106.1% year-over-year in December 2020. . With the increase of mobile wallets and more consumers hopping on the e-gift card bandwagon, merchants must practice a heightened sense of vigilance around issues of gift card fraud.

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Gifts Merchant Services eCommerce Payments 319

Retail TouchPoints

JANUARY 26, 2022

Merchants in particular had to quickly shift from in-store sales to online and learn how to accept payments digitally. Concurrently, the summer of 2020 brought the highest number of new business applications in the past 15 years, and this trend has continued, with Americans filing a record 1.4

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Merchant Services Payment Services Payments Shipping Costs 251

FastSpring

FEBRUARY 15, 2024

If you’re not sure how to sell an app direct to consumer (D2C) outside the app stores — or if you’re looking for a new way to monetize your mobile app or game — you may be wondering what options you have. If you’re looking for help selling your mobile video game or app direct to consumers, we can help. Interested?

Merchant Services 122

Merchant Services Games Payments Payment Services 122

Retail TouchPoints

OCTOBER 14, 2020

As part of the virtual Retail Innovation Conference, Retail TouchPoints presented the winners of the 2020 Retail Innovator Awards (RIA) last night on a livestream celebration across its social platforms. The platform also gives consumers the ability to opt in to the offers, making it a privacy-friendly method to engage customers.

Merchant Services 248

Merchant Services Retail Supplies Travel 248

FastSpring

JANUARY 29, 2020

Between new legislation going into effect and shifting consumer preferences, the ecommerce landscape is anything but stagnant. Want to learn more about the five ecommerce payment trends shaping 2020? Push for smarter payment processing. A push for smarter payment processing. billion in sales.

Payment Services 80

Payment Services Merchant Services Payments eCommerce 80

Retail TouchPoints

OCTOBER 12, 2020

On one hand, personal safety and security are still top-of-mind for consumers, driving changes in everything from online shopping to brick-and-mortar store layouts and delivery models. A starting point in approaching retailing in the time of coronavirus is to understand that it’s currently a tale of two consumers.

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Shipping Costs Consumer Payment Services Merchant Services 158

Retail TouchPoints

APRIL 21, 2021

The pandemic accelerated not just ecommerce but also digital payment methods: digital wallets reached 29.3% ecommerce share in 2020, up from 23.7% The wallets are expected to unseat credit cards as the preferred online payment method in the coming years, according to the FIS Global Payments Report 2021.

Merchant Services 286

Merchant Services Payment Services POS eCommerce 286

Retail TouchPoints

MAY 7, 2024

What these retailers are all excited about is getting in front of an incremental consumer. DoorDash has over 37 million monthly active consumers and something like 17 million of them are DashPass subscribers. Over 20% of our consumers are now shopping across multiple categories, and that number continues to increase year over year.

Merchant Services 245

Merchant Services Sporting Goods Fulfillment Subscription 245

Ecommerce Platforms

NOVEMBER 12, 2020

In the new age of mobile shopping, apps like Apple Pay and Google Pay give today’s consumers more freedom than ever before. Rather than having to carry your wallet, credit card, and debit card wherever you go, you can use your google pay app as your payment method. Key Features of Google Pay for Consumers. What is Google Pay?

Merchant Services 104

Merchant Services Payment Services Banking PayPal 104

BigCommerce

DECEMBER 19, 2017

Consumers shop more and more across a variety of devices and channels. Retailers continually optimize their sales channels to deliver more seamless consumer experiences. This risk for mid-sized merchants could be caused by two factors. New Payment Methods, New Fraudulent Activity. ecommerce market by 2020.

Merchant Services 337

Merchant Services Presentation Payments Payment Services 337

Retail TouchPoints

DECEMBER 3, 2021

Technological innovations have optimized and enhanced almost all areas of the retail organization, from marketing to fulfillment, but the process of bringing products to market has been markedly slower to advance. But these legacy processes don’t work as well as they once did, and COVID made that fact hard to ignore. “A

Consumer 261

Consumer Merchant Services Retail Social Media 261

Retail TouchPoints

MAY 21, 2021

The adoption of subscription-based services and digital goods purchases were on the rise well before COVID-19 hit. consumer now pays for four different video streaming subscriptions. Blue Apron, Freshly and HelloFresh are among the businesses that saw a flood of new customers in 2020; and. The average U.S.

Subscription 274

Subscription Merchant Services Shipping Costs Food and Beverages 274

Ecommerce Platforms

DECEMBER 30, 2020

Consumer preference for pay-over-time services like Affirm for financing their purchases quadrupled between 2018 and 2019. Affirm’s 2020 survey predicts that 54% of US consumers will pay over time for their purchases in 2021. And still subject to credit card services’ high rates, hidden fees, and penalties.

Merchant Services 104

Merchant Services Payment Services POS Point of Sale 104

FastSpring

AUGUST 11, 2021

In Malaysia, Sales and Service Tax (SST) is a consumption tax imposed on a wide range of goods and services. is much simpler for businesses compared with the previous Goods and Services Tax (GST) regime it replaced and the old SST framework that preceded GST. Below you’ll find everything you need to know about SST as a merchant.

Merchant Services 78

Merchant Services Payment Services Telecommunications B2B 78

Retail TouchPoints

JULY 7, 2020

E-Commerce spending has grown by more than 30% , cementing consumer expectations for flexibility, choice and convenience. While we shouldn’t expect online sales to remain at their peak levels when the safety risks of in-person shopping dissipate, merchants cannot hope to weather the storm and return to business as usual. And the U.S.

Merchant Services 195

Merchant Services Payment Services Payments Small Business Retail 195

Retail TouchPoints

JANUARY 26, 2021

In 2020, more than any year since the advent of online and mobile commerce, consumers lost a sense of control. Meanwhile, for merchants that had already built their businesses online before the pandemic, a larger addressable market buoyed most, but created scalability challenges for all (including Amazon).

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Consumer Shipping Costs Shipping Small Business Retail 307

Retail TouchPoints

AUGUST 8, 2022

There’s no question that strategic promotions and discounts motivate consumers to buy a product. Data backs this up as well: A study from the global professional services firm Alvarez & Marsal found that 44% of consumers tried a new beauty brand because of promotions and/or discounts last year, up from 25% in 2020.

Merchant Services 231

Merchant Services Subscription Shipping Costs Gifts 231

Teamwork Retail

JUNE 24, 2020

With EMV or “Chip cards” processing times take on average 17-25 seconds, with poorly configured terminals taking up to 70 seconds. The lengthy processing times of EMV are longer than magstripe, on the surface this “innovation” feels like a step backwards. What can be faster than a simple tap on a card processing device.

Payment Services 48

Payment Services Merchant Services Payments Point of Sale 48

FastSpring

NOVEMBER 22, 2022

Since 2020, growth in the SaaS market has increased dramatically and is expected to grow over 27% a year. This is why more and more SaaS companies are seeking out merchant-of-record solutions like FastSpring to simplify their payment stack and reduce the risk and complexity of transacting around the world. New Reporting Suite.

Merchant Services 78

Merchant Services Payments Payment Services ACH 78

Retail TouchPoints

AUGUST 7, 2020

However, other potentially even more significant trendlines show fundamental changes in consumers’ decision-making process related to picking brands and demonstrating customer loyalty. For example, the Qubit study found that loyalty is decreasing among a significant percentage of consumers: among 36.6% The survey of 809 U.S.

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Consumer Retail Merchant Services Document 260

Ecommerce Platforms

JANUARY 14, 2020

An ecommerce transaction extends to services that are sold online. What about processing payments, beating the competition, and so forth? Types of Ecommerce Merchants. Most ecommerce websites are classified according to the kind of products or services they sell to online customers. A solid customer engagement.

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Merchant Services eCommerce Payment Services Shipping Costs 175

Kissmetrics

SEPTEMBER 21, 2021

BNPL allows consumers to split large purchases into several monthly payments, interest-free. percent of US consumers choosing the option as of July 2020. In fact, 44 percent of consumers say the use of BNPL is somewhat or very important to determining how much they spend. Highlight Your BNPL Payment Option.

Merchant Services 279

Merchant Services PayPal Payments Payment Services 279

GetElastic

JUNE 27, 2019

Though B2B suppliers are increasingly embracing digital — from ecatalogs to configure price quote (CPQ) and online checkout, supporting the diversity and complexity of B2B payments remains a challenge. B2B payments at-a-glance. Only 6% of payments were made by credit card. Credit cards lag in B2B payments.

Merchant Services 157

Merchant Services Payments Payment Services B2B 157