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How Mobile Payments Are Taking Over eCommerce

Groove

The new way of purchasing goods and services is through Mobile Payments whether you are shopping online or in-store. As millions of users start to use mobile payments each year, it is projected that 4.8 billion people will be completing transactions through mobile payments by 2025. What Are Mobile Payments?

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Kroger Doubles Ship Assortment Via 3rd-Party Marketplace

Retail TouchPoints

For Kroger , the expansion of its Ship e-Commerce assortment through a third-party marketplace is the latest example. Starting this fall, more than 50,000 additional items will be available to Ship customers across multiple categories including natural and organic, international food, specialty items, housewares and toys.

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7 Brands Discuss the Benefits of the New Cashless Economy and Apple Pay’s Growing Ubiquity

BigCommerce

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.?.

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What’s in Store for Grocery in 2022?

Retail TouchPoints

Meanwhile, rising energy, shipping and labor costs means higher prices for many grocery items. Mobile commerce will define the next evolution of grocery shopping. More than half of online grocery shoppers already use their mobile devices to shop. Merchandise assortments will shrink dramatically.

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Top 7 Mobile Payment Options You Should Provide

ecomdash

So, how do you know which mobile checkout options are going to satisfy your customers? To help, we’ve put together a list of the top seven options to include on your store’s mobile checkout pages. Top Seven Mobile Payment Options for Ecommerce Websites. For ecommerce retailers, offering PayPal is a no-brainer.

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eCommerce Fraud Trends Every Online Store Owner Should Know

lateshipment

Hacking Alternative Payment Options. With millennials and Gen Z consumers more and more interested in mobile purchasing, they are looking for the most frictionless way to pay. Fraudsters are finding these alternative payment systems are often easier to hack, making these types of transactions attractive targets: Mobile Wallets.

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You Just Experienced your First Chargeback. Now What?

Retail TouchPoints

These chargebacks are automatically deducted from merchants’ accounts, leading to lost revenues, sunk shipping costs and potential merchandise shortages. But over the years, fraud has become a more organized effort, with large groups acquiring payment credentials and customer data and targeting physical goods sold online to make real money.