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What You Need to Know About Payment Processing and eCommerce Merchant Services

Groove

ECommerce now makes up more than 20 percent of the global retail market. To succeed in this critical part of brand building, however, businesses need to expertly manage their websites and ensure that the content is optimized to deliver outstanding customer experiences. They saw a 322 percent increase in eCommerce revenue.

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Shopify Payments vs Stripe (2023): Choosing a Payment Processor

Ecommerce Platforms

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?

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Digital Wallets: What’s Good for the Payments Industry is Good for Retailers…Right?

Retail TouchPoints

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.

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Buy Now, Pay Later: Does it Work for your Online Retail Business?

Retail TouchPoints

Businesses looking for ways to gain a competitive edge over their competitors have been pushing service advantages into new areas, including alternative payment models. Enter “buy now, pay later,” whose appeal is growing customer bases and revenue channels. That’s right — no more chasing after late payments.

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Asos Sells Majority Stake in Topshop, Topman as Turnaround Effort Continues

Retail TouchPoints

British online retailer Asos has agreed to sell a 75% stake in its Topshop and Topman brands to investment company Heartland for £135 million (approximately $180 million ), multiple sources report. The new joint venture would see Asos retain a 25% share of the business.

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The 7 Perfect Verticals for Generating Recurring Revenue

Groove

Selling products online often means wild swings in revenue generation based upon trends, seasonality or consumer sentiments. On the flip side, upwards of 75% of a business’s revenue comes from these same months. The health, wellness, and beauty category is a very profitable vertical for all online retailers.

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Buy Now, Pay Later: The Gen Z Alternative to Credit Cards

Retail TouchPoints

It has become apparent that retail brands adopting BNPL methods are seeing increases in sales, and that those that don’t are barring themselves from these new sales. But how do these solutions work, what are the risks, and how can you prepare yourself to integrate them into your retail experience? BNPL: The Facts. with Klarna.”.

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