Category: Tech

September 23, 2022

Small businesses just like yours are taking the plunge into ecommerce every day, by setting up simple online shops. If you’ve decided to make a push into online retail too, then figuring out how best to take online payments will […]

September 20, 2022

Card payment expenditure climbed over $42 trillion in 2021, marking a 23% rise, according to RBR. The rise came off the back of the world’s recovery from the effects of the pandemic, which had initially led to a fall in […]

September 20, 2022

Alibaba is launching a new, immersive shopping experience in the metaverse on its Tmall Luxury Pavilion platform. The shopping platform will host an AR fashion show accessible to select brands and give shoppers an exclusive ‘Meta Pass’, which confers priority […]

September 14, 2022

One could argue that few, if any industries have been impacted more by the pandemic, and now by inflation, more than retail. The pandemic not only dramatically altered the way consumers shop, it altered the way retailers operate. Now, inflation […]

August 29, 2022

Consumers are shifting their shopping online. According to eMarketer, e-commerce sales will make up 21% of worldwide total retail sales this year with US retail e-commerce sales expected to surpass $1 trillion dollars. As more consumers turn to their devices […]

August 26, 2022

Buy now, pay later company Affirm has watched its shares tumble 11% in morning trading after posting a disappointing full-year revenue forecast. There has been a mixed picture for tech stocks and how they have dealt with rising rates of […]

August 24, 2022

Having traveled in Europe and most recently, in Mexico, I was impressed by the fact that most restaurants I frequented use table-side credit card authorization terminals, irrespective of type or level of service and price points. These devices enable the […]

August 24, 2022

Retailers may be missing out by not accepting payments in cryptocurrency, according to a new report by specialised payments platform Paysafe. The research reveals that a staggering 80% of crypto owners want to pay for goods with their crypto balances […]

August 15, 2022

When successful larger businesses run into operational stumbling blocks, they are often tempted by Enterprise Resource Planning software, better known as ERPs. Meanwhile, brands on a smaller budget often turn to ‘single point’ solutions to overhaul their operations cheaply and […]

August 5, 2022

As retailers enter the second half of a highly challenging year of inflation, tightening monetary policies, and resource shortages, many are looking for ways to be more competitive and differentiate their sales and services. Innovation is crucial, but can be […]

August 3, 2022

Retailers are increasingly investing in mobile self-scanning functionality according to research from RBR. The data found that during the course of 2021, an additional 10,000 stores globally began offering this service, with customers scanning items as they shop either using […]

July 28, 2022

Online shopping has come a long way in providing consumers with a vision of how products might look on them. Product pages show the clothing on models of different sizes and cosmetics on models in a variety of skin tones. […]

July 27, 2022

Over the last year, Best Buy has been testing new store models to meet the ever-changing needs of consumers. Now the company has launched a new pilot — its first small-format, digital-first store. The new 5,000 square foot store opened […]

July 15, 2022

Gen-Z is expected to lead the creation of the metaverse, drawn by the allure of gaming, but some surveys indicate that even digital natives need to be convinced of the value of visiting virtual worlds. Piper Sandler’s “Spring 2022 Generation […]

July 12, 2022

In some futuristic scenarios, brands will use facial recognition to customize offers to consumers as they walk by virtual billboards, enter stores or watch mobile video in different locations. Already, some in the marketing industry are considering how to integrate […]

July 5, 2022

One of the most significant economic impacts of the COVID-19 pandemic was the dramatic increase in ecommerce as consumers avoided brick-and-mortar stores. The industry was quick to pivot and enable businesses to operate without requiring a physical presence, which helped […]

July 5, 2022

It’s no secret that e-commerce is booming globally. In 2021, the industry hit about $4.9 trillion USD in worldwide sales as a result of the pandemic, and they’re predicted to reach $7.4 trillion USD by 2025. However, like with any […]

July 1, 2022

Virtual shopping experiences are wrongly being labeled as the metaverse, according to Forrester. Although retailers and brands have launched virtual shopping on Roblox, the report says these experiences have been mislabeled because, “they do not allow consumers to travel or […]

June 29, 2022

Nike expects to realize value from its new enterprise resource planning (ERP) system this year — the biggest investment the apparel and footwear company has made in its digital transformation. Though Nike revenue dipped 1% year over year in fiscal […]

June 27, 2022

New research from payment provider Mollie has found that a lack of payment options means that nine in 10 consumers abandon payments. Mollie‘s survey of 1,000 UK consumers asked participants about their shopping habits and experiences – it was revealed […]