article thumbnail

Resilience is Key as Payments Acceptance becomes Mission-Critical

Retail TouchPoints

Consumers now prefer digital payment options, with cash usage declining in all major economies. Cards have become by far the most popular payment method, with contactless now accounting for most purchases made at retail stores. Equally, the terminal app should have been designed to support alternative transaction processing flows.

article thumbnail

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

Groove

Your expertise lies in your specific industry, and you don’t necessarily have the resources within your business to dedicate to website management. Fortunately, quality eCommerce merchant services can help companies manage their websites and process payments to drive revenue and long-term success.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Holiday Shopping Trends and Payments Innovations: Experience as Competitive Advantage

Retail TouchPoints

As the holiday shopping season approaches, retailers face increased pressure to facilitate a seamless and secure shopping experience. Payments technology is central to the shopping experience. During the holiday rush the security and ease of the payments experience can be as crucial as product price or availability.

article thumbnail

Adopting a Holistic Security Mindset for Ecommerce

Retail TouchPoints

Because a problem in one area of your business can cause security or fraud issues in another, it can be helpful to take an end-to-end look at your security and fraud prevention practices to identify gaps and make improvements. Ask for documentation of suppliers data security practices and incident response plans.

article thumbnail

Embedded Finance: Making Payments Possible in New Frontiers

Retail TouchPoints

If we thought the pandemic-driven shift to digital payments was an evolution, we’re about to be catapulted into a new world, where payments will become possible in places thought impossible just a few years ago. In fact, embedded finance will be a $777 billion opportunity by 2029. So how can businesses get a piece of it?

Payments 264
article thumbnail

Using a Gaming Payment Gateway to Monetize Your Game’s Web Shop

FastSpring

Setting up a web shop for players to buy subscriptions or in-game items outside of mobile app marketplaces is a great way to create additional revenue streams for your game while saving on steep marketplace fees. There are solutions that make this process much easier — more on that below.) What Is a Gaming Payment Gateway ?

article thumbnail

Merchant of Record for Mobile Games: What It Is and Why You Need One

FastSpring

Because of these developments, mobile game companies are investigating more options for monetizing their games than just the App Store or Play Store. So where do you start if you want to provide more global payment solutions to your player base while chipping away at the hefty 30% fees that mobile marketplaces charge?