RTP blog

DECEMBER 30, 2019

And technology is one way to heighten security, both for FinTech companies and consumers. trillion biometrically secured transactions will take place annually via mobile devices. Mobile Payments On The Rise Already, 29% of American consumers would be content to pay with their smartphones all the time.

Payment Services 195

Payment Services Merchant Services Cryptocurrencies Mobile Payments 195

Retail TouchPoints

JUNE 15, 2020

These consumer sentiments, along with the need to protect the health of both shoppers and store associates, means retailers need to be stringent about enforcing social distancing and other safety measures as they reopen. In fact, displaying an abundance of caution will be required to bring many consumers back into physical stores.

eCommerce 170

eCommerce Consumer Retail Payment Services 170

Retail TouchPoints

DECEMBER 5, 2023

To understand the impact of this shift, it’s crucial to recognize the importance of Lunar New Year to Chinese consumers. Get culturally competent : Chinese shoppers are a world away from American consumers. Make sure you accept a variety of payment methods. However you can’t rely solely on WeChat Pay either.

Marketing 273

Marketing Food and Beverages Travel Retail 273

Retail TouchPoints

MARCH 30, 2022

An eMarketer article recently stated, “To align with usage trends, checkout providers will double down on optimizing the mobile payments experience.” Getting to know how users want to consume brand content will guide how brands should show up on each platform when they want to encourage or influence buying behaviors.

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Payment Services eCommerce Social Media Presentation 324

Retail TouchPoints

JULY 5, 2023

As the online payments industry continues to evolve, new digital wallet solutions, such as mobile payment apps and e-wallet platforms, are becoming increasingly popular and reshaping the way consumers transact. 4 Pros of Digital Wallets Some of the advantages of digital wallet payment options include: 1.

Merchant Services 279

Merchant Services Payment Services Payments Retail 279

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. According to Salesforce’s Small and Medium Business Trends Report , 71% of SMBs say they navigated the pandemic through digitization. million applications to start new businesses through September 2021.

Merchant Services 278

Merchant Services Payment Services Payments Shipping Costs 278

RTP blog

SEPTEMBER 17, 2018

Up to 90% of consumers use their phone while shopping in stores and retailers are increasingly enhancing digital transformation strategies to take advantage of the new mobile-powered shopping era across every vertical, from department stores and supermarkets to hardware, sports and specialty retailing.

Payment Services 150

Payment Services Retail Consumer Payments 150

BigCommerce

FEBRUARY 2, 2018

Hop on trends early. To do this, it is pivotal that you stay up-to-date on recent, trending products and services –– and then launch an ecommerce site to capitalize on them before they hit peak popularity. This business angle can be a slippery slope, given that many trends don’t last. Consumers LOVE our product!

Merchant Services 419

Merchant Services Payment Services Shipping Costs Beauty and Health 419

Retail TouchPoints

APRIL 17, 2023

As prices rise with inflation and consumers become more selective about where they shop, grocers have much to learn from specialty brands’ experiential retail success. Still, the ways customers shop for groceries are ever-evolving amid inflation and changing consumer habits.

Specialty Retailers 276

Specialty Retailers Payment Services Retail Outdoor 276

Retail TouchPoints

NOVEMBER 3, 2020

Catering to crowds with safety concerns is bound to be the trend this holiday season, but there are still ways to adapt and prepare for a successful Black Friday. Observe Your Consumers. Consumers are heading to self-checkout more, so make sure to adjust for bigger basket sizes and older generations.

Payment Services 251

Payment Services Mobile Payments Technology Mobile 251

RetailMinded

APRIL 7, 2022

This group of consumers are prepared to shop wherever best suits them in the moment and without preference as to the vehicle they use to find what they want. They are willing to shop across channels, have an appetite for higher-quality items & are eager to stay on top of cultural trends. A WINDOW INTO THE FUTURE.

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Consumer Retail Omnichannel eCommerce 98

RetailMinded

OCTOBER 27, 2022

With the advent of technology, business owners are now aligning their companies towards changing trends. For example, retail businesses now integrate omnichannel strategies like M-commerce or mobile commerce to enable mobile shopping. This allows you to deliver a better impression to consumers. Accept Mobile Payments.

Payment Services 98

Payment Services Mobile Payments Retail Mobile 98

FastSpring

SEPTEMBER 18, 2018

So it’s been a few months, and we’ve all had some time to process the details of Mary Meeker’s latest Internet Trends report. Payments are going digital. In fact, 60 percent of all transactions are being processed through digital channels like buy buttons, mobile payments, and mobile messenger apps.

Payments 61

Payments Payment Services Mobile Payments Mobile 61

Kissmetrics

MARCH 12, 2018

Every year consumers spend more time and money shopping with brands and through eCommerce marketplaces, and every year the competition grows fiercer. If you want to increase eCommerce conversions during the holidays then pay close attention to these emerging trends as well as the following tips. Holiday Conversion Tips for 2018.

eCommerce 185

eCommerce Shipping Costs Payment Services Conversion Optimization 185

SellBrite

JANUARY 17, 2018

Over the past 17 years, consumers have been spending increasing amounts of money online. But in recent years, buyers are getting even more flexibility and accessibility with online shopping—thanks to the rise of mobile shopping. Mobile commerce is growing in popularity as technology improves. Simplifying mobile payments.

Merchant Services 145

Merchant Services Mobile Social Media Payment Services 145

iVend

DECEMBER 11, 2023

As consumer demands continue to evolve, and competition is hotter than ever, retailers are embracing innovative solutions to stay ahead. All retail processes iVend helps retailers to stay ahead of retail technology trends. Read more So what are the key trends for retail technology in 2024?

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Payment Services Technology Payments Retail 59

365 Retail

AUGUST 4, 2022

Staying on trend with hot new technologies can help your business stay current and boost your consumer engagement and sales. Technology is constantly evolving to improve business processes, create consumer solutions, and provide adaptable and convenient service. Tap -to-Mobile Contactless Card Machines.

Merchant Services 59

Merchant Services Technology Payment Services Payments 59

365 Retail

SEPTEMBER 1, 2024

IoT in the context of retail refers to a broad spectrum of uses from smart shelves and linked payment systems to tailored consumer interactions and predictive analytics. The outcome is a flawless and very customised shopping experience that satisfies the expectations of tech-savvy consumers of today.

Payment Services 122

Payment Services Retail Shipping Costs Supplies 122

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%).

Payments 78

Payments eCommerce Payment Services Apparel 78

RETAIL MANAGEMENT SOFTWARE

DECEMBER 2, 2024

Retail is undergoing a seismic shift, driven by technological advancements and changing consumer expectations. Mobile Integration: Offering mobile apps for seamless shopping and mobile payments and enhancing in-store experience with mobile POS systems.

Payment Services 85

Payment Services Retail POS Mobile 85

OrderDynamics

MARCH 14, 2019

Retail Trends: Going Cashless. Despite the early hiccups of SMS payment and WAP payments that did not catch on, cashless transactions crept in regardless. Mobile payments systems like Apple pay, Google Wallet, Amazon Pay, Swish and Paypal have become ‘a thing’ Prepaid cards have completely taken off in retail.

Payment Services 50

Payment Services Retail Cryptocurrencies Gifts 50

PFS

AUGUST 28, 2019

The payments industry has become an ever-changing landscape. Consumer needs are constantly shifting, causing a clear impact on the rate of technological innovation. Particularly with the rise of eCommerce, consumers have a defined expectation of what their payment experience should look like. The Rise of Mobile Shopping.

Merchant Services 40

Merchant Services Payment Services Payments Mobile Payments 40

ROI Revolution

JANUARY 4, 2021

Pandemic accelerates digital retail: Stats + trends. As social distancing protocols due to COVID-19 continue , many consumers are growing more and more to dislike standing in checkout lines. Consumer interest in contactless checkout abilities have surged since the start of the pandemic. Pre-COVID-19 vs. now: Trends + stats.

eCommerce 78

eCommerce Payment Services Food and Beverages Small Business Retail 78

RetailMinded

JULY 29, 2023

According to McKinsey & Company , 75% of consumers are exploring new shopping behaviors, indicating a significant change in their preferences and priorities. In this article, I will explore the rapidly changing retail industry and analyze the current trends influencing its future. So let’s get to it!

Payment Services 52

Payment Services Consumer Retail Social Media 52

RetailMinded

JULY 29, 2023

According to McKinsey & Company , 75% of consumers are exploring new shopping behaviors, indicating a significant change in their preferences and priorities. In this article, I will explore the rapidly changing retail industry and analyze the current trends influencing its future. So let’s get to it!

Payment Services 52

Payment Services Consumer Retail Social Media 52

BigCommerce

JUNE 27, 2017

The only way to stay competitive in the long term is to stay abreast of the latest trends in your industry, and to expend constant effort in increasing customer satisfaction. A survey of 19,000 consumers worldwide , conducted by WorldPay, reached the conclusion that 36% of responders would spend more if the offer were customized.

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Improvements eCommerce Payment Services Merchant Services 275

Korona

JUNE 8, 2022

In fact, when it comes to customer service, Nextiva found that 89% of consumers have switched to a competitor after a bad customer experience. Read on to learn more about the retail technology trends you need to know to better manage your retail business and stand out from the competition. Tables of Contents. Use of smart checkout.

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Technology Payment Services Payments Retail 52

Wiser

JUNE 23, 2020

Mobile payments and rewards, the drive to provide healthier options, and consumers’ demand for fast service without compromising on quality have affected every type of restaurant. Loyalty programs get even more effective when they’re combined with mobile payments. You don’t want to be invisible there.

Payment Services 78

Payment Services Mobile Payments Channel Marketing 78

UpSellIt

JULY 13, 2023

By using an omnichannel approach, retailers gain valuable insights into customer behavior, preferences, and trends. Omnichannel Retail Strategy Trends in 2023 Implementing an omnichannel retail strategy involves careful planning and execution, but the advantages and benefits are worth the effort.

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Omnichannel Multichannel Payment Services Retail 101

GetElastic

JUNE 22, 2022

While the foundational ordering and payment experience wasn’t necessarily broken, it was cumbersome, slow, error-prone, and, most notably, insecure. lagged behind other countries in mobile payment adoption. An important takeaway from these big swings is the need for retailers to adapt quickly to changes in consumer behavior.

Payment Services 78

Payment Services POS Demo Payments 78

iVend

FEBRUARY 9, 2024

Read more So what are the key trends for retail technology in 2024? Personalisation and loyalty – Personalisation will continue to be a driving trend in 2024 – and with good reason – according to McKinsey, companies that get personalisation right can generate up to 40% more revenue.

Payment Services 52

Payment Services Payments Retail Mobile Payments 52

365 Retail

JUNE 16, 2021

billion debit card payments last year. million consumers the previous year. million consumers mainly used cash for their day-to-day spending during 2020. Contactless payments accounted for 9.6 Supermarkets were the most popular place to use contactless in 2020, accounting for 41% of such payments. There were 15.8

Mobile Payments 52

Mobile Payments Banking Mobile Consumer 52

ChannelAdvisor

NOVEMBER 8, 2018

Be sure to check back often or, better yet, subscribe to the blog to stay updated with this year’s latest holiday trends, tips, best practices, reports and more! Here are the highlights: Confident Consumers Are in the Mood to Spend. Consumer confidence. This blog post is part of our 2018 Holiday Planning series.

eCommerce 55

eCommerce Mobile Payments Payments Mobile 55

GetElastic

NOVEMBER 24, 2021

A trend in the mobile commerce world is the adoption of integrated design. Chatbots Shoppers: Prefer the ease of contacting a chatbot to resolve cart or order issues versus making a time-consuming live call and be subjected to the dreaded call queue, or the slower pace of waiting on an email inquiry response.

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Customer Payment Services Shopping Carts Mobile Payments 78

Teamwork Retail

MAY 29, 2019

These modern marvels brought a dizzying array of products right to the consumer. As the 19 th century ended, new techniques turned consumer goods into mass-produced items rather than hand-crafted one-offs. Retailers now had exact inventories, sales data, and trends at the fingertips. Mass Production and Mail Order.

Merchant Services 70

Merchant Services Payment Services Retail eCommerce 70

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. Online holiday shopping sales surpass $200 billion.

Merchant Services 62

Merchant Services Payment Services Order Fulfillment Payments 62

Ecommerce Platforms

MARCH 14, 2023

Business management solutions: Use a host of industry-tailored workflow solutions to meet with the growing demands of tech-enhanced consumers. Omnichannel capabilities range from point-of-sale solutions to mobile payment, ecommerce, and electronic invoicing. Simplify billing, streamline daily business operations.

Payment Services 104

Payment Services Payments Beauty and Health Electronics 104