Digital payment solutions are changing the retail industry at a rapid rate. Consumers’ growing desire for fast, convenient transactions means retailers can no longer solely rely on traditional payment methods—even when it comes to in-store purchases and transactions. FIS Global predicts that cash
Addressing environmental concerns, safeguarding human rights, and embracing social responsibility have emerged as pivotal priorities for retailers worldwide. Forward-thinking leaders are not acutely aware of their environmental impact and aim to synchronize their business operations to customers’
E-commerce, short for electronic commerce, refers to buying and selling goods and services over the Internet. Over the past few years, it has transformed how businesses operate—and revolutionized the shopping experience for consumers worldwide. In today’s digital age, e-commerce has become an
According to a recent forecast by the National Retail Federation, retail sales in 2023 will increase by between 4% and 6%. To stay competitive amid these unprecedented levels of growth, brands must continue to deliver personalized customer experiences through the use of innovative technologies. One
The e-Commerce sector in the United States has experienced remarkable growth, with sales in the first quarter of 2023 reaching $272.6 billion. These figures, adjusted for seasonal variation, but not for price changes, represent a 3.0 percent increase (±0.7%) compared to the fourth quarter of 2022,
Buy Now Pay Later (BNPL) is a short-term financing and payment option, enabling customers to purchase products and services and pay for them in equal installments over weeks or months. As many shoppers cannot use traditional financings, such as short-term loans or credit cards, BNPL allows them to
