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?

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Payment Services Merchant Services Payments POS 52

FastSpring

OCTOBER 14, 2024

Note: FastSpring provided support regarding alternative payment methods in the case. The Epic Games Store and other app stores are coming to the Google Play Store in 2025 in the USA – without Google’s scare screens and Google’s 30% app tax – thanks to victory in Epic v Google.”

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Payments Merchant Services Payment Services Games 157

Retail TouchPoints

AUGUST 9, 2024

On April 20, 2024, the New York State legislature passed its annual budget measure for fiscal year 2025, which addresses multiple priorities and enacts key proposals from Governor Kathy Hochul. Hochul’s five-point policy plan aimed at creating more secure environments for both businesses and consumers.

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Retail Payment Services Recommendation Operations 279

GetElastic

DECEMBER 18, 2020

And though it may feel like we are slowly coming to the end of these unprecedented times, consumer buying behavior is forever changed, and will in turn, affect the success of many businesses for years to come. 52% of consumers say more than half of their purchases are influenced by convenience. Marketplace operations.

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Merchant Services Payment Services Payments Subscription 148

GetElastic

APRIL 11, 2023

In 2023, headless commerce is expected to become a mainstay of eCommerce operations, with more brands than ever adopting it to streamline their operations and boost sales. Headless commerce has quickly gained widespread popularity among brands looking for more flexibility and agility in their eCommerce operations.

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Retail TouchPoints

AUGUST 18, 2022

But now, as BNPL offerings — and consumers’ understanding of them — mature, the explosive growth of the last two years is slowing. With inflation and interest rates on the rise, a more nuanced approach to BNPL is emerging, and experts say that’s a good thing for both consumers and retailers. In fact, 50% of U.S

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Merchant Services Payment Services POS Consumer 278

Korona

SEPTEMBER 15, 2022

Not only do millions of people around the world use Google Pay, but it’s also a contactless payment method that has surged in popularity over the past few years. million customers between 2020 and 2025. Wrapping Up: How to accept payments using Google Pay? TechCrunch predicts that Google Pay will add 10.2 Table of Contents.

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Merchant Services Payment Services POS Banking 52

Algopix

MARCH 8, 2022

During the height of the COVID-19 pandemic, consumers were forced to shift their spending online. Now, even as federal, state, and local governments are lifting COVID-related restrictions, most consumers are still not planning to return to their old ways of shopping. The Growth of Online Marketplaces.

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Retail TouchPoints

JULY 11, 2023

But the NFL has an edge, as it has led the way in adopting technologies like network analytics and cloud management solutions that make it easier to ensure the network can handle demands from both fans and operational teams. Retailers can take a similar approach and think beyond just getting a consumer in the store to purchase a product.

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Payments Payment Services Retail Social Media 213

Retail TouchPoints

SEPTEMBER 1, 2021

7 and 8, Afterpay will host an IRL drop experience integrating augmented reality technology from social media company Snap that will allow consumers to try items on and experience virtual worlds. ” Consumer adoption of BNPL services has skyrocketed in the last year: In July 2020, 38% of U.S. Beginning Sept.

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Events Social Media Payment Services Fashion 261

Retail TouchPoints

FEBRUARY 7, 2023

Higher-income consumers are less impacted by inflation and, while aware of higher food, home and transportation costs, still have the funds to drive luxury sales and luxury growth,” said Marie Driscoll, Managing Director, Luxury and Retail at Coresight Research in an interview with Retail TouchPoints.

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Payments Omnichannel Payment Services Consumer 290

365 Retail

FEBRUARY 23, 2022

Subscription services really took off in 2020 thanks to a combination of lockdown driving online shopping, consumers’ desire to save money, and the innate convenience of the subscription model. 45% of consumers streamed live television at least weekly, up from 20% in 2017. . billion by 2025. The subscription phenomenon.

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365 Retail

MAY 13, 2024

82% of RTS attendees operate within C-Suite, Senior Management or ‘Head Of’ roles within their respective retail organisations, with the number of C-Level visitors growing by +2 percentage points compared to 2023. RTS 2025 will take place on 02 and 03 April 2025 – to register your interest, sign-up here: [link].

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Events Technology Retail Beauty and Health 103

Retail TouchPoints

FEBRUARY 11, 2021

We’re going to skip any in-depth discussion of consumers’ ever-warming embrace of online shopping because it feels more “established than trending,” and because with limited space we want to cover what we believe are more intriguing developments for supply chain professionals. Consumers appreciate the focus on health and safety.

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Payment Services Supplies Retail Fulfillment 228

Ecommerce Platforms

MAY 21, 2021

In today's increasingly digitized world, where mobile shopping is the norm, we’re spoiled for payment options. After all, most of us have our phones on us at all times, making mobile payments a quick and convenient way of processing transactions. As you probably already know, Apple Pay is Apple’s mobile payment service.

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Merchant Services Payment Services Payments Mobile Payments 104

Kissmetrics

APRIL 12, 2021

For a monthly fee, consumers receive a box filled with goodies ranging from sample-size toiletries to leisurewear. billion by 2025. Subscription boxes mean you’re likely to build a consistent consumer base. By offering a subscription-based service, it’s much easier to manage your stock levels. The premise is simple.

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Retail TouchPoints

NOVEMBER 11, 2021

Curious about how consumer attitudes and behaviors are evolving? What consumers really want from brands and retailers. EY (Ernst & Young) has been tracking changing consumer sentiments since the onset of COVID-19 and will soon launch its 8 th Future Consumer Index. 17 from 1:20 to 2:10 p.m. 17 from 12 to 12:30 p.m.

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Merchant Services Cryptocurrencies Payments Payment Services 342

Retail TouchPoints

JULY 22, 2021

When the economy is growing, consumers flock to stores. On the other hand, when a recession is imminent, consumers and their wallets generally stay put and are more conservative. This situation has forced retailers worldwide to adapt to a slew of new consumer demands while juggling a precarious supply chain. Cyber threats.

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eCommerce Retail Payment Services Social Media 306

Fabric

AUGUST 15, 2023

Enterprise retailers are in constant pursuit of new ways to enrich the customer experience—whether it’s prioritizing faster fulfillment, optimizing for consumer convenience, or enhancing personalization along the buyer’s journey. billion in 2025, accounting for 9.6% It grew to $73.16 billion in 2020 and is expected to soar to $154.3

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Omnichannel Payment Services Shipping Costs Fulfillment 130

Kibo

JULY 21, 2022

But while consumers continue to embrace social commerce (global sales on social platforms are expected to reach $1.2 trillion by 2025), consumer adoption of social commerce faces a big problem—trust. Users who see a “Buy” button below a Pin can complete the checkout process from within Pinterest.

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Merchant Services Payment Services Social Media Retail 93

365 Retail

NOVEMBER 8, 2022

The financial technology sector is rapidly evolving with traditional methods of banking now being replaced with digital solutions, in a bid to make things faster, easier, and more streamlined for both businesses and consumers. . Alongside this, data shows the term “Banking as a service” has seen 176% global increase, too. .

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Payment Services Payments Cryptocurrencies Banking 73

Kibo

JUNE 16, 2022

Composability is a way of doing business that enables companies to easily assemble or disassemble different parts of their operating capabilities as their needs change. Microservices are encapsulated application components that operate independently of each other and thus they can be scaled independently. the customer). .

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Payment Services Shipping Costs Fulfillment Omnichannel 62

Ecommerce Platforms

MARCH 15, 2023

In a world of instant gratification, same-day delivery, and evolving consumer expectations, ecommerce retailers can’t afford to underestimate the power of rapid Fulfilment. Now, thanks to Amazon Prime and other rapid delivery services, expectations are changing. However, they’re not entirely opposed to paying extra for fast shipping.

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Fulfillment Shipping Costs eCommerce Payment Services 118

ROI Revolution

MAY 7, 2021

COVID-19 brings increased consumer openmindedness. CMOs also report consumers placing increased value on digital experiences (83.8%) and new customers being attracted to their brand (65.4%). CMOs also report consumers placing increased value on digital experiences (83.8%) and new customers being attracted to their brand (65.4%).

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Payments eCommerce Payment Services Apparel 78

ROI Revolution

MAY 6, 2021

Ecommerce has surpassed levels not expected until 2025 due to the COVID-19 pandemic, expected to bring in over $843 billion in sales this year. With the rapid shifts that took place last year, 2021 will be about finding ways to reach wary consumers and filling your marketing toolbox with innovative strategies to stand out.

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Omnichannel Merchant Services Social Media Payment Services 135

FastSpring

DECEMBER 18, 2020

According to Statista, B2B sales are now 6X larger than the business-to-consumer (B2C) market. If a product or service is being sold online—regardless if the sale itself happens through a sales-rep assisted process, online shop, or platform—it’s considered B2B ecommerce. Let’s get selling! What Is B2B Ecommerce?

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Retail TouchPoints

FEBRUARY 21, 2023

billion by 2025, according to projections from Insider Intelligence. Photo credit: Insider Intelligence The SimplicityDX survey found that only 15% of consumers actually prefer to purchase on social media, and 86% reported issues when moving from a social platform to a brand site. Social commerce sales in the U.S.

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Payments Social Media Merchant Services Consumer 246

iVend

JULY 10, 2023

Currently 18% of all shopping is ecommerce*, and this is forecast to increase to almost 25% by 2025*. trillion** by 2025. Read more Success in the world of retail is therefore not about focussing on one or the other – it’s about operating across all ecommerce and in-person channels. trillion (USD) and is set to reach$ 8.1

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Omnichannel eCommerce POS Magento 98

iVend

JULY 10, 2023

Currently 18% of all shopping is ecommerce*, and this is forecast to increase to almost 25% by 2025*. trillion** by 2025. Read more Success in the world of retail is therefore not about focussing on one or the other – it’s about operating across all ecommerce and in-person channels. trillion (USD) and is set to reach$ 8.1

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ROI Revolution

AUGUST 9, 2022

Between 2021 and 2025, merchant losses from online payments fraud are set to exceed $206 billion. One effective strategy to prevent fraud is to join forces with a fraud detection partner to continuously assess risk and establish trust across the customer journey – from account creation and login to payment.

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eCommerce Payment Services Merchant Services Payments 78

Korona

MARCH 22, 2022

And consumers are increasingly using both digital and physical touchpoints to make purchases. Today’s consumers have unlimited choice in where and how they shop. have used BOPIS in the last six months, and 10% of all sales will be made via this click-and-collect method by 2025. More than half of shoppers in the U.S.

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Payment Services Retail POS Payments 52

ROI Revolution

MAY 20, 2021

For consumer packaged goods (CPG) brands, in particular, this change in the way consumers shop necessitated a different approach: omnichannel. Ecommerce has surpassed levels not expected until 2025 due to the COVID-19 pandemic, expected to bring in over $843 billion in sales this year. Selling directly to consumers makes sense.

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Omnichannel Payment Services Social Media BigCommerce 109

Korona

MARCH 22, 2022

And consumers are increasingly using both digital and physical touchpoints to make purchases. Today’s consumers have unlimited choice in where and how they shop. Flexible payment options. have used BOPIS in the last six months, and 10% of all sales will be made via this click-and-collect method by 2025.

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Payment Services Retail POS Payments 52

Kibo

FEBRUARY 28, 2022

The 2021 holiday shopping season was historic, in that it was the culmination of two years of accelerated trends, shifting consumer behaviors, and omnichannel shopping realities that have emerged since the start of the pandemic. Walmart operates over 10,500 stores and clubs in more than 24 countries.

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Merchant Services Payment Services Order Fulfillment Payments 62

Ecommerce Platforms

JUNE 4, 2017

Conversational ecommerce is seen as a potential use case for customer service which involves the usage of technology to help with communication. Thus picking a good payment service that is aware of local customer behavior is critical. The growth is hampered by security concerns over payment.

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eCommerce Merchant Services Payment Services Payments 159

Kissmetrics

APRIL 9, 2021

As a business or marketing professional, when consumer habits change , you must pay attention. Perhaps nothing is changing more rapidly or drastically than how people consume video content. In short, it gives viewers complete control of what they consume and how they want to consume it. We cover both in this guide.

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Payments Subscription Payment Services Consumer 242

Korona

AUGUST 9, 2022

retail sales to increase between 6 and 8 percent this year, the uncertainty surrounding the impact of inflation has left consumers and retailers looking for answers about the future of the retail industry. . After all, high inflation changes consumers’ behavior towards certain products, with retailers bearing the brunt.

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