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Striking the Balance Between Fraud Prevention and Seamless Customer Experiences

Retail TouchPoints

Today, nearly two-thirds of adult consumers globally use digital payments, and by 2027, digital revenue is predicted to exceed $14.9 But this growth also has made retailers’ digital payment processes a target for credit card fraud, online payment fraud, identity theft and account takeovers.

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4 Reasons to Offer Multiple Ecommerce Payment Options

ESW

The payments landscape has evolved quickly from physical payments such as cash and credit cards to digital payments like Google Pay, PayPal, bank transfers and more. Here’s how multiple ecommerce payment options can benefit brands, how to choose the right payments and the various payments favoured by today’s consumers.

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Don’t Get Scammed by a Grifter: How to Avoid and Manage Gift Card Fraud

Retail TouchPoints

These scams don’t typically require large payments. However, with the rise of digital payments, merchants are beginning to notice a steady increase in fraudulent losses that are compounding over time. Data even shows that the global market is expected to reach $2,076.51B by 2027 , and that 1% to 4% of U.S.

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Integrations are the Achilles Heel of Composable Commerce: Tips for Overcoming Challenges

Retail TouchPoints

trillion by 2027. To ensure they have the capacity to meet that demand and to see the benefits from those sales in their own revenue growth, digital commerce teams must scale their own technology capabilities to match. Analysts project that U.S. online retail sales will reach $1.6

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The Top Creator Economy Statistics for 2023

Ecommerce Platforms

Where in the past, content production required specialist equipment, knowledge, and skills, the creator economy created a world where anyone could produce, and monetize content. Other common challenges included finding the right strategies for monetization, marketing, and publishing on a regular schedule. ( billion in 2027.

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Point of Sale Features for Multichannel Retailers: Key Features To Consider

Korona

Plus, with inventory management being a typical challenge for retail businesses, a cloud-based POS system can significantly help enterprises reduce human error and improve inventory management through automation. In addition, the number of users in the mobile POS payments segment is expected to grow to 94.7 million by 2027.

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Why Brands Should Consumerise B2B Experiences

ESW

A forecast from Forrester predicts that the volume of transactions in B2B sales will exceed $3 trillion by 2024 and that ecommerce sales will account for almost 25% of total US B2B sales by 2027. Corporate buyers also have payment terms and those payment terms may vary from customer to customer.

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