Retail TouchPoints

DECEMBER 30, 2022

Using our payment card whilst we shop online rarely gives us pause, and the many millions who buy online generally trust the system. However, the recent busy shopping season means it’s a good time to remind ourselves that there is an ongoing battle to make sure that the payment card data of your customers remains secure.

Merchant Services 330

Merchant Services Payment Services Payments Consumer 330

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. As evidenced by the data showing U.S.

Payment Services 294

Payment Services Merchant Services Payments Point of Sale 294

RTP blog

DECEMBER 30, 2019

market for payment systems is complex. We have over 21 million businesses, and every one of them needs some form of a payment processing solution. Payment processing is complex. However, payment technology is perhaps the best it’s ever been. However, payment technology is perhaps the best it’s ever been.

Payment Services 195

Payment Services Merchant Services Cryptocurrencies Mobile Payments 195

Retail TouchPoints

APRIL 17, 2024

URBN , parent company of Urban Outfitters , Anthropologie , Free People and FP Movement , will adopt Stripe as its primary payments infrastructure for both online and in-store sales, consolidating the majority of its North American payments volume onto the solution provider.

Payment Services 264

Payment Services Merchant Services Banking Customer 264

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

APRIL 27, 2021

The economic fallout from the COVID-19 pandemic accelerated demand for buy now, pay later (BNPL) payment options. Surges in online shopping during the pandemic helped fuel the growth of point-of-sale loans — a market that is forecast to grow at an annualized 9.8% over the five years through 2024-25, to $1.1

Merchant Services 130

Merchant Services Payment Services Payments Consumer 130

Retail TouchPoints

MAY 24, 2024

Up to 60% of merchants say reducing friction between in-store and online is a top priority. To create a competitive experience, the back end of a merchant’s in-store and online business needs to be unified, ultimately creating a front-end experience that is consistent and cohesive.

Merchant Services 264

Merchant Services Shopify POS Multi-channel 264

GetElastic

JUNE 5, 2019

With the increase of consumer online shopping and less cash payments, the importance for businesses to choose the right payment processing solution cannot be overemphasized. and MasterCard to come together and form the Payment Card Industry Security Standards Council ( PCI SSC ). What are the penalties for non-compliance?

Merchant Services 143

Merchant Services Payment Services eCommerce POS 143

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 277

Merchant Services Payment Services Payments Point of Sale 277

Ecommerce Platforms

DECEMBER 27, 2019

Whether you’re searching for an offline card reader, a way to take credit card payments online , or a POS app, you’ve probably come across both PayPal and Square in the past. Both Square and PayPal are incredibly popular tools for merchants and business owners. Square vs PayPal: Fees and Processing Rates. Square Fees.

Merchant Services 152

Merchant Services Payment Services PayPal Payments 152

Ecommerce Platforms

JANUARY 22, 2023

Accepting a payment online is easier than ever before. Whether you’re a retail shop with a simple website, or a startup ecommerce store interested in accepting online transactions, there’s always room to expand your business with help from online payment processing. How Do You Accept Payments Online?

Payment Services 104

Payment Services Merchant Services Payments ACH 104

Retail TouchPoints

SEPTEMBER 6, 2023

So-called “negative option” services are a controversial yet time-tested method of doing business. Under this model, a customer signs up for a subscription service, typically as part of a free trial offer. The customer is then charged on an ongoing basis unless they explicitly cancel the service in question.

Merchant Services 284

Merchant Services Payment Services Subscription Consumer 284

Retail TouchPoints

NOVEMBER 1, 2023

Experts report that chargebacks will cost merchants over $100 billion in 2023, and false claims and abuse of the chargeback process are a growing threat to merchants. The hidden expenses of wasted time, expensive fees, penalties or additional losses of goods and services add up. Internet payments mean more purchases.

Merchant Services 298

Merchant Services Payment Services Payments eCommerce 298

Retail TouchPoints

SEPTEMBER 28, 2022

This latest addition to Shopify’s offerings relies on the company’s point-of-sale software, which is designed to allow retailers to sell online and offline. Merchants can gain a complete understanding of the customer journey to support on-the-spot personalized experiences.

POS 309

POS Shopify Merchant Services Payment Services 309

Ecommerce Platforms

JUNE 1, 2023

Shopify Payments vs Stripe: Which solution should you really be using for your ecommerce store? Both Shopify Payments and Stripe offer very similar services to business owners. Both allow you to accept and process payments online, ensuring your ecommerce company can make a profit. What is Shopify Payments?

Payment Services 104

Payment Services Payments Merchant Services Shopify 104

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. In other words, leveraging an efficient point of sale system software should help you streamline all your in-store operations. The secret is using a structured selection process.

Point of Sale 169

Point of Sale POS Payment Services Merchant Services 169

FastSpring

APRIL 23, 2024

When considering Paddle alternatives, it’s important to note that Paddle is a merchant of record (MoR). Depending on your needs, sellers may run into a number of potential limitations with the Paddle platform: Paddle doesn’t accept as many alternative payment methods as other MoR partners. Set up a demo or try it out for yourself.

Payment Services 100

Payment Services Merchant Services Payments Subscription 100

GetElastic

OCTOBER 27, 2021

If you’re launching any sort of business you’ve thought about payment processing. With so many choices in the marketplace, the selection process can be a daunting one depending on what works best for your business. How many types of payment are accepted? Are you adopting a more modern platform or are they legacy?

Payment Services 148

Payment Services Payments Merchant Services PayPal 148

Retail TouchPoints

MAY 29, 2024

In the point of sale (POS) space, three AI applications show particular promise: Headcount and Heat Mapping in Brick-and-Mortar Retail Insights from shopper behavior data are valuable – and financially impactful – to retailers. Businesses must work with software providers that help them manage data consent, privacy, and compliance.

POS 327

POS Merchant Services Point of Sale Department Stores 327

Korona

MAY 30, 2022

If you’re on the hunt for a point of sale provider, chances are you have heard terms like payment gateway, merchant account providers, merchant acquirer, merchant services, and many more. What does “merchant services” mean? What a merchant services provider does?

Merchant Services 52

Merchant Services Payment Services POS Payments 52

Retail TouchPoints

SEPTEMBER 27, 2023

Shopify has taken a stake in the B2B retail marketplace Faire and is establishing Faire as the recommended wholesale marketplace for its millions of global merchants through a deeper integration between the two platforms. The size of Shopify’s stake in Faire was not disclosed.

Shopify 289

Shopify B2B Merchant Services eCommerce 289

Ecommerce Platforms

OCTOBER 25, 2019

Looking for a simple solution for building a payment processing platform? These days, the digital world, combined with mobile point of sale systems, easy eCommerce management options and a range of other tools means that it's easier than ever to launch your own business online. Aren't we all?

Merchant Services 80

Merchant Services Payment Services Payments POS 80

Korona

MARCH 4, 2023

A point of sale (POS) system is essential to any successful retail business. In this article, we’ll break down these costs in detail, comparing some of the most popular point of sale software packages so that you can make an informed decision when it comes to purchasing your POS system. Let’s dive in!

Point of Sale 52

Point of Sale Payment Services Payments Merchant Services 52

TalkingRetail

SEPTEMBER 15, 2020

Many small and medium retailers “may not be getting a good deal” from the card payment services market, a new report reveals.

Merchant Services 118

Merchant Services Payment Services Marketing Point of Sale 118

Korona

FEBRUARY 4, 2023

One of the numerous challenges facing small and medium-sized businesses (SMBs) lies in processing cashless payments such as credit cards. Despite it being an afterthought for many businesses, processing payments is a major decision. However, the use of payment processors is not without cost.

Payment Services 52

Payment Services Payments Merchant Services POS 52

Korona

JANUARY 26, 2023

Selling products or services is no longer only carried out in a physical store. Despite the sheer diversity of all these channels, one crucial tool can synchronize sales and customer data across these platforms: POS software. Point of sales for multichannel retailers has specific features you need to look for.

Point of Sale 52

Point of Sale Payment Services Multichannel Payments 52

Retail TouchPoints

SEPTEMBER 12, 2023

TikTok Shop will now bring shoppable videos and livestreams directly to For You feeds across the country, and give brands, merchants and creators the tools to sell directly through shoppable content on the TikTok app.” Digital Service (USDS). reads the company announcement. The company also reiterated that all TikTok-protected U.S.

Merchant Services 278

Merchant Services Payment Services Multi-channel Shopify 278

Retail TouchPoints

APRIL 1, 2021

consumers have now used a buy now pay later (BNPL) service. . Businesses looking for ways to gain a competitive edge over their competitors have been pushing service advantages into new areas, including alternative payment models. Using BNPL, approved customers can defer payments at checkout — both online and in-store.

Merchant Services 278

Merchant Services Payment Services Online Retail Payments 278

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. Merchants and banks pass along those costs to consumers, either by raising prices or reducing quality or service. The suit, filed in the U.S. billion merger in January 2021.

Merchant Services 147

Merchant Services Payment Services Banking Document 147

Retail TouchPoints

JULY 7, 2020

And Nike maintained top-of-mind focus amidst lockdown in China by promoting its workout app, resulting in an 80% increase in use and a 30% increase in online sales. As we move forward, these capabilities are critical for all retailers: Accept Contactless Payments. And contactless is not limited to the point of sale.

Merchant Services 255

Merchant Services Payment Services Payments Small Business Retail 255

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 is in nobody’s interest to onboard financially delinquent customers or customers with affordability problems.

POS 260

POS Merchant Services Payment Services Payments 260

RetailMinded

SEPTEMBER 21, 2021

Did you know that point of sale systems date back to 1879 when the first one was invented by American shopkeeper James Ritty. This, as Kamara explains, is a key component to how the pandemic has changed retail and he describes it as “self-service commerce”. Using mobile, for example, became increasingly popular.

Point of Sale 98

Point of Sale POS Merchant Services Payment Services 98

Kissmetrics

NOVEMBER 1, 2021

Should you accept Bitcoin and other crypto payments on your website? Whether you choose to accept Bitcoin payments on your site is ultimately up to you, but if you choose to do so, it’s important you get the right setup. choosing to accept crypto payments on your website can be a worrying decision.

Payment Services 209

Payment Services Payments Merchant Services Cryptocurrencies 209

Korona

SEPTEMBER 30, 2021

Too often we speak with small business owners who underestimate the importance of finding the best credit card processing agreement. Fractions of a percent might not seem like much on a contract you sign with a merchant service provider, but those pennies add up. On average, businesses pay a processing fee of 1.5%

Payment Services 98

Payment Services Merchant Services Payments Small Business Retail 98

Retail TouchPoints

DECEMBER 13, 2023

Google Pay will make buy now, pay later (BNPL) options available for online and mobile payments in the U.S. Google Pay has partnered with Affirm and Australia-based Zip and will begin offering their pay-in-four services on Android devices early in 2024. YoY and $2.5 billion more than last year, according to data from Adobe Analytics.

Merchant Services 277

Merchant Services Payment Services Mobile Payments Mobile 277

Ecommerce Platforms

JANUARY 27, 2021

If you decide that WooCommerce is your best bet (for its excellent functionality and superior content creation tools,) you'll want to look for the best payment gateway for WooCommerce. It's no easy task, considering there are hundreds, if not thousands, of payment gateways to choose from. Best Payment Gateways for WooCommerce.

Payment Services 104

Payment Services Merchant Services WooCommerce Payments 104

FastSpring

JANUARY 9, 2023

Most Stripe alternatives fall into one of two categories: (1) payment processors, or (2) a billing solution that covers payment processing and other aspects of billing such as fraud detection, checkout, and more. A MoR also takes the lead on chargebacks, tax audits, legal compliance, and more. Table of Contents.

Payment Services 116

Payment Services Merchant Services Payments PayPal 116