Retail TouchPoints

JANUARY 12, 2024

Sam’s Club is piloting technology designed to address one of the retailer’s biggest customer pain points: waiting in line at the store exit for an associate to check their receipts against the items in their cart. Additionally, AI operating in the background is designed to continually speed up the process.

Payment Services 264

Payment Services Mobile Payments Technology Mobile 264

BigCommerce

MARCH 13, 2018

Technology is restructuring how money moves. From crypto-currencies to peer-topper payments and one-click checkouts, modern innovations are shifting the basic payment infrastructure of our economy. 2020: 90% of smartphone users will have made a mobile payment. ?. And the wallet is its next target. Exposed numbers?.

Payment Services 420

Payment Services Mobile BigCommerce Mobile Payments 420

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. Now more than ever is the time to lean into new best practices to propel forward in an ever-evolving economy.

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

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 5, 2024

Cosmetics, Ticketmaster and Nike have been testing Web3 technologies to do just that. The new Visa solution, which is powered by SmartMedia Technologies , offers brands an enterprise platform that bridges the worlds of Web2 and Web3, and can be customized to create curated experiences and offers for customers.

Consumer 264

Consumer Mobile Payments Payment Services Travel 264

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

Payment processing is complex. However, payment technology is perhaps the best it’s ever been. FinTech companies and customer expectations are shaping the future of payment processing. Better Payment Security Credit card fraud is on the decline. their payments. Here’s what you can expect in 2020.

Payment Services 195

Payment Services Merchant Services Cryptocurrencies Mobile Payments 195

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

OCTOBER 22, 2020

Target is rolling out multiple initiatives aimed at improving in-store safety during the holiday season, including contactless self-checkout, skip-the-line technology and doubling the number of contactless pickup parking spots.

Mobile Payments 226

Mobile Payments Payment Services Gifts Mobile 226

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. But if you don’t have contactless technology, don’t worry. Observe Your Consumers.

Payment Services 251

Payment Services Mobile Payments Technology Mobile 251

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

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. Technology Has Become An Enabler Companies that embrace technology are faster and more adaptable.

Payment Services 150

Payment Services Drop Ship Retail Shipping Costs 150

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. As per the report, 1.6B

Payment Services 150

Payment Services Retail Mobile Payments Mobile 150

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

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

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

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

365 Retail

APRIL 19, 2022

The shortlist for Retail Technology Show ’s 2022 Innovation Awards has been announced, featuring the top 10 tech picks from the innovations on display at the new flagship event for retail that brings together Europe’s most forward-thinking retailers and leading tech innovators.

Payment Services 75

Payment Services Technology Retail POS 75

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. Accept Mobile Payments. Also, it facilitates better personalization.

Payment Services 98

Payment Services Mobile Payments Retail Mobile 98

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?

Merchant Services 150

Merchant Services Small Business Retail Payments Payment Services 150

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

JUNE 13, 2024

Amex did not reply to a Retail TouchPoints request for comment on the decision. Amex isn’t alone in facing the ire of merchants when it comes to processing fees. Earlier this year, after nearly 20 years of litigation, Visa and Mastercard reached a settlement with U.S.

Merchant Services 280

Merchant Services Payment Services PayPal Mobile 280

Sailthru

JANUARY 7, 2019

Once the world’s largest retailer, Sears was omnipresent with thousands of brick-and-mortar stores throughout the U.S. Sears is just one retailer with an ever-shrinking physical presence. Technology in brick-and-mortar stores doesn’t need to be that advanced. How do consumers feel about this? Many just… don’t. Of our U.S.

Technology 92

Technology Mobile Payments Shipping Costs Mobile 92

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). ” This paper investigates how IoT is transforming the retail experience by means of insights on its uses, advantages, and future direction. .”

Payment Services 122

Payment Services Retail Shipping Costs Supplies 122

RTP blog

MAY 6, 2019

By Jeff Winsper, Black Ink Technologies There’s a rising tide of online competition for independent dealers, but there are a few choices retailers/dealers can make to try and get, keep and grow their customer base. Take a hard look and ask if you are truly an expert in retailing, in addition to IT development.

Merchant Services 150

Merchant Services eCommerce Payment Services POS 150

SellBrite

JANUARY 17, 2018

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. Businesses create these obstacles when they don’t optimize for their mobile shopping experience.

Merchant Services 157

Merchant Services Mobile Social Media Payment Services 157

BigCommerce

OCTOBER 26, 2017

From payment methods to shipping to various technology, an integral part of your launch into new international markets will be acing the differences in the details. Moreover, technology is driving new forms of payment. of the mobile payment market and WeChat Pay 32.1%. Technology Expectations by Region.

Merchant Services 191

Merchant Services Payment Services Consumer eCommerce 191

UpSellIt

JULY 13, 2023

In today’s competitive landscape, embracing an omnichannel retail strategy has become essential for businesses to thrive. By seamlessly integrating multiple channels, retailers can provide a cohesive and personalized shopping experience for their customers. What is Omnichannel Retailing?

Omnichannel 108

Omnichannel Multichannel Payment Services Retail 108

lateshipment

APRIL 23, 2020

Fraudsters are leveraging the same technology that merchants are using, making it increasingly easy for criminals to scale their operations. There’s a famous saying about scaling that inspires eCommerce retailers and marketers: If you can make one dollar in sales, you can make a million. Hacking Alternative Payment Options.

Merchant Services 242

Merchant Services Payment Services eCommerce Payments 242

iVend

DECEMBER 11, 2023

For the world of retail technology, 2024 looks set to be an exciting year. 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.

Payment Services 59

Payment Services Technology Payments Retail 59

Sailthru

MAY 16, 2019

Having filed for Chapter 11 bankruptcy protection in October, Sears, once the world’s largest retailer, is down to 223 stores as of last quarter. More recently, Bed Bath & Beyond announced that 40 brick-and-mortar stores will close, the latest struggling legacy retailer to do so — but it won’t be the last.

Technology 68

Technology Improvements Payment Services Home Furnishings 68

BigCommerce

FEBRUARY 2, 2018

Learn how they secretly became the fastest growing retailer in the U.S. technology, survival gear, vintage, healthy living, flash tattoos). These awards given out typically to brands like Apple and Google when they show off new, unseen technology and products. Accepting Payments. Hop on trends early. Enable Apple Pay Now.

Merchant Services 419

Merchant Services Payment Services Beauty and Health Shipping Costs 419

Ecommerce Platforms

APRIL 29, 2022

Unlike Shopify, Clover can offer specific support for counter service, table service, and retail. Clover Point of Sale is intuitive and well-designed, with a lot of feature-rich ways to grow your business, but there are a lot of additional costs for integrations, and some limitations for third-party payment processing options.

POS 209

POS Shopify Merchant Services Payment Services 209

Wiser

AUGUST 13, 2018

Have we reached the point of saturation in retail technology? While some shoppers may get excited about the latest and greatest tech developments for in-store and online experiences, some would rather take it slow and prefer the simple days of retail. Take mobile payments, for example.

Retail 79

Retail Payment Services Technology Mobile Payments 79

GetElastic

NOVEMBER 18, 2021

When a smartphone becomes as essential to our daily lives as the air we breathe, retailers must respond to mobile shopping behaviors or risk being left behind. As mobile commerce trends constantly evolve, here are the Top 8 trends to watch as 2021 grinds to an end: 1. Mobile Payments. billion in 2025.

eCommerce 148

eCommerce Mobile Mobile eCommerce Social Media 148

RetailMinded

APRIL 7, 2022

After two decades, however, the millennial generation is beginning to slip into the annals of retail, a thing of the past, set to be replaced as the generation that preceded it. The post UNDERSTANDING RETAIL THROUGH THE LENS OF GEN Z CONSUMERS appeared first on Retail Minded.

Consumer 98

Consumer Retail Omnichannel eCommerce 98