Retail TouchPoints

APRIL 17, 2023

Five years ago, the retail experiences we see in stores today would have been unrecognizable. With accelerated customer expectations forcing retailers to think creatively, customer engagement strategies are on the rise. The grocery industry has been lucky not to have the pendulum swing from the COVID closures of specialty retail.

Specialty Retailers 276

Specialty Retailers Payment Services Retail Outdoor 276

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

DECEMBER 5, 2023

Retailers naturally plan a lot of spend around this, with extra staff and extra marketing. But this year it makes sense for those retailers to save a little for another holiday period just a few months away: Lunar New Year. Harnessing the Year of the Dragon: Strategies for Retailers So how do you harness the year of the dragon?

Marketing 273

Marketing Food and Beverages Travel Retail 273

BigCommerce

DECEMBER 19, 2017

Digital commerce continues to be top of mind for online retailers. Retailers continually optimize their sales channels to deliver more seamless consumer experiences. Mobile payments are also making an increasing impact. This shift to mobile is pushed along with the ever expanding list of payments-enabled devices.

Merchant Services 337

Merchant Services Presentation Payments Payment Services 337

Retail TouchPoints

JANUARY 12, 2024

After a customer pays at a register or via the Scan & Go mobile payment solution, a combination of computer vision and digital technology deployed in stores’ exit areas captures images of their cart and verifies payment for all items within a shopper’s basket.

Payment Services 264

Payment Services Mobile Payments Technology Mobile 264

ESW

MAY 11, 2020

Debit and credit cards are now the most popular choice for consumers, but even these trusted payment methods are under threat. Electronic and mobile payment solutions are proliferating. Are mobile payment apps the future of online and in-store payments, or are they a bubble waiting to burst?

Mobile Payments 78

Mobile Payments Merchant Services Payment Services Mobile 78

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. After a long wait, Apple launched BNPL in March 2023 , and in April 2023 , Rite Aid joined other retailers offering BNPL as a payment option. Additionally, Amazon Business recently added a BNPL option.

Merchant Services 277

Merchant Services Payment Services Mobile Payments Mobile 277

Retail TouchPoints

JULY 21, 2020

As COVID-19 has accelerated the trend away from cash payments to mobile and other contactless methods, Starbucks and 7-Eleven have both expanded their mobile payment options.

Payment Services 321

Payment Services Mobile Payments Mobile Customer 321

Retail TouchPoints

SEPTEMBER 24, 2020

Party City is hiring 20,000 temporary workers for the holiday season — 80% of its 25,000 seasonal hires in 2019 — even though the retailer is drastically reducing the number of Halloween City pop-up stores it will open this year. The National Retail Federation projects that Halloween spending will dip only 8% from 2019, topping $8 billion.

Mobile Payments 264

Mobile Payments Payment Services eCommerce Mobile 264

BigCommerce

MARCH 13, 2018

The Evolution of Mobile Payments: A brief history of mobile payments, according to TechCrunch : 1983: David Chaum, an American cryptographer, starts work on creating digital cash by inventing “the blinding formula, which is an extension of the RSA algorithm still used in the web’s encryption.” 2008: Bitcoin is invented.?.

Payment Services 420

Payment Services Mobile BigCommerce Mobile Payments 420

Retail TouchPoints

AUGUST 11, 2020

As the pandemic has driven the adoption of e-Commerce to a level retailers didn’t expect to see for a year or more, many are speeding up the development of digital products and services that were further ahead on their technology roadmaps. The third-party vendors will ship the products directly to the consumers’ homes.

Shipping Costs 289

Shipping Costs Shipping Merchant Services eCommerce 289

Retail TouchPoints

JANUARY 25, 2023

Today, it seems cash is a thing of the past, with most shoppers leaning on credit cards or even mobile payment to complete transactions for both physical and online shopping. Much like changing regulations for government agencies, retailers are preparing to navigate the next major update: PCI DSS 4.0. While PCI DSS 4.0

Merchant Services 354

Merchant Services Payment Services Mobile Payments Customer Data 354

RTP blog

DECEMBER 30, 2019

Mobile Payments On The Rise Already, 29% of American consumers would be content to pay with their smartphones all the time. That’s nearly one in three people who would be happy to use an app or contactless payment method instead of cash or a credit card for all. their payments. Passwords aren’t enough anymore.

Payment Services 195

Payment Services Merchant Services Cryptocurrencies Mobile Payments 195

Retail TouchPoints

OCTOBER 22, 2020

The retailer also is expanding its selection of items available for same-day pickup or delivery, with an emphasis on gifts and ingredients for holiday meals. Shoppers can now use the Wallet mobile payment option in the Target app to scan items with their own devices, eliminating the need to pick up an in-store scanning device.

Mobile Payments 226

Mobile Payments Payment Services Gifts Mobile 226

RTP blog

SEPTEMBER 16, 2019

Other retailers quickly followed suit, adopting them as a promotional marketing tool. For retailers, the traditional plastic gift card is a massive missed opportunity. The campaign resulted in customers spending 10X more at the point of redemption, not to mention a 15% increase in new customers to the beauty retailer.

Gifts 150

Gifts Mobile Payments Retail Mobile 150

365 Retail

NOVEMBER 28, 2024

By combining its previous unit with adjacent space, the popular streetwear retailer has created a modernised shopping experience that offers a wider product selection and enhanced in-store features. The recommitment of established retailers underscores Merry Hill’s appeal as a thriving shopping destination.

Leisure 64

Leisure Mobile Payments Payment Services Apparel 64

Retail TouchPoints

JANUARY 5, 2024

This collaboration is not just about enhancing customer rewards; it’s about redefining the value exchange between brands and consumers in a mobile payments-first world,” added Tyler Moebius, CEO of SmartMedia Technologies in a statement. “We

Consumer 264

Consumer Mobile Payments Payment Services Travel 264

RTP blog

SEPTEMBER 17, 2018

By Derek Peterson, Boingo Wireless A retail renaissance is upon us, driven by a shift in economics, competition and exponential advancement in technology, per a new report from Deloitte. Mobile has emerged as the crown jewel fueling the resurgence, as digital devices are now central to the in-store shopping experience.

Payment Services 150

Payment Services Retail Consumer Payments 150

RTP blog

MARCH 8, 2019

By Ed King, HighStreet Collective Since we started our consultancy, HighStreet, in mid-2017, it’s become painfully clear that legacy retailers have had a difficult time with their “omnichannel” and in-store innovation efforts. By nearly anyone’s measure, the Amazonian effect on retail can be considered a massive coronary to the industry.

eCommerce 150

eCommerce Retail Merchant Services Payments 150

ecomdash

SEPTEMBER 20, 2018

It is no longer a choice for ecommerce retailers – they must have mobile-friendly sites and offer the mobile checkout options customers want. So, how do you know which mobile checkout options are going to satisfy your customers? Top Seven Mobile Payment Options for Ecommerce Websites.

Mobile Payments 64

Mobile Payments Merchant Services Payment Services Mobile 64

RTP blog

APRIL 10, 2017

By Devika Girish, MobStac Unless you have been living under a rock, you’d agree that Amazon shook up the retail world last December by introducing Amazon Go — a physical grocery store that features a checkout-free shopping experience facilitated by a smartphone app. The answer is: No, beacons are not set for doom. Why, you ask?

Payment Services 150

Payment Services Retail Mobile Payments Mobile 150

RTP blog

MAY 13, 2019

By Samir Addamine, FollowAnalytics Retailers are trying to make up for lost time — and regain lost customers — by creating high-tech offline experiences that match the ease and convenience of e-Commerce. But at the same time, mobile users can be fickle. Let’s take Starbucks as an example.

Mobile 150

Mobile Retail eCommerce Mobile Payments 150

RTP blog

JUNE 5, 2017

By Nicole Bryan, Sterling Payment Technologies Given the rise in reported data breaches and credit card fraud concerns, it should come as no surprise that the shift to EMV and mobile payments has some shoppers wary.

Payment Services 150

Payment Services Merchant Services Payments Consumer 150

Retail TouchPoints

FEBRUARY 15, 2022

Mobile commerce will define the next evolution of grocery shopping. More than half of online grocery shoppers already use their mobile devices to shop. In 2022, we should see more and more of them using touchless checkout in-store and mobile payment systems like Apple Pay, Google Pay and Venmo across channels.

Shipping Costs 321

Shipping Costs Payment Services Multi-channel Mobile Payments 321

RTP blog

MAY 12, 2017

By Phil Chang, Hubba There’s a new era of commerce, one that no longer resembles the model that brands and retailers have been operating under for the past 20 years. Retail technology, however, has completely changed the journey. Thanks to technology, a retailer isn’t limited to cash registers and their own web site.

Payment Services 150

Payment Services Drop Ship Retail Shipping Costs 150

RTP blog

JANUARY 5, 2018

Tourists represent a huge opportunity for retailers, but figuring out how to attract those shoppers into stores can be tough. So how can retailers capture the tourist dollars? However, before the era of mobile devices and social media, there was no easy way for retailers to deliver these offers and deals to them.

Payments 150

Payments Merchant Services Social Media Shipping Costs 150

RetailMinded

OCTOBER 27, 2022

For example, retail businesses now integrate omnichannel strategies like M-commerce or mobile commerce to enable mobile shopping. Many consumers now rely on mobile devices to research products and services, make an order, and complete transactions. Accept Mobile Payments. Conclusion.

Payment Services 98

Payment Services Mobile Payments Retail Mobile 98

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. Retailers Must Reassure Nervous Shoppers. Is it possible the worst of the coronavirus pandemic is behind us?

eCommerce 173

eCommerce Consumer Retail Payment Services 173

RTP blog

AUGUST 10, 2017

The credit card company has even gone so far as to offer some merchants $10,000 to upgrade their POS equipment in exchange for refusing cash payments. Moriarty cited the plight of the unbanked and those with poor credit, who lack access to higher-tech payment options. Are Moriarty’s fears overblown? However, the U.S.

Merchant Services 150

Merchant Services Small Business Retail Payments Payment Services 150

Retail TouchPoints

NOVEMBER 3, 2020

And luckily, there are many opportunities for retailers, particularly independent retailers, to create a safe, positive holiday shopping experience during the pandemic. COVID-19 is certainly testing retail in general right now. David Wilkinson is the President and General Manager for Retail at NCR Corp.

Payment Services 251

Payment Services Mobile Payments Technology Mobile 251

Kissmetrics

SEPTEMBER 4, 2020

The company offers a transparent, straightforward pricing model: 2.6% + 10¢ for every tap (mobile payment), dip (chip card) or swipe (magstripe card) on the POS and 2.9% + 30¢ for e-commerce transactions. Payline Data offers in-person, online and mobile payment solutions for companies of varying sizes.

Payment Services 269

Payment Services Merchant Services Payments eCommerce 269

Retail TouchPoints

JANUARY 26, 2022

A chargeback occurs when a customer disputes a transaction and their issuer (the bank that provided them with the card) reverses the transaction — essentially charging it back to the retailer. Today, fraud has accelerated and grown even more sophisticated due to the rise of ecommerce and mobile payments.

Merchant Services 278

Merchant Services Payment Services Payments Shipping Costs 278

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.” Understanding Each Platform’s Role in Social Commerce. Social usage is not equal across platforms.

Payment Services 324

Payment Services eCommerce Social Media Presentation 324

Retail TouchPoints

OCTOBER 7, 2020

At the beginning of 2020, Hudson kicked off its deployment of the Flooid platform to provide a new backbone for all transactions across its 1,010 travel convenience stores and specialty retail, which includes proprietary book and tech stores, duty-free shops and food and beverage concessions. Vending Machines Expand Sales Opportunities.

Vend 214

Vend Payment Services Point of Sale Travel 214

Retail TouchPoints

MARCH 8, 2024

These include PCI’s Mobile Payment on COTS (MPoC, at 1A-1.2) First Mover Advantage: Masters of Compliance Look Beyond Current Mandatory Standards PCI DSS v4.0 is not the first PCI SSC standard that discusses engaging external researchers. Several other PCI standards already mandate VDPs for applicable organizations.

Merchant Services 264

Merchant Services Payment Services Financial Services PayPal 264

Kissmetrics

OCTOBER 18, 2020

You want to look at what the payment processor offers in addition to credit card processing. Do they offer free POS systems, hardware, mobile payments, integrations, etc? Payment Depot uses a membership pricing model, making it simpler to understand but can sometimes result in you paying higher fees.

Merchant Services 276

Merchant Services Payment Services Payments ACH 276

365 Retail

SEPTEMBER 1, 2024

Driven by fast technology adoption, the retail sector is changing fundamentally. Among the most important developments changing the retail scene is the Internet of Things (IoT). With its network of linked devices, IoT is not only improving retail operations but also altering the customer experience in ways unthinkable a few years ago.

Payment Services 122

Payment Services Retail Shipping Costs Supplies 122