Payment Processing

UK Retailers Face Payment Outages, Highlight Digital Transaction Risks
E-Commerce UK Retailers Face Payment Outages, Highlight Digital Transaction Risks

In the past week, several prominent UK retail brands, including McDonald's, Tesco, Sainsbury's, and Greggs, experienced significant payment-processing failures. These disruptions, which ranged from order-processing issues to the inability to accept contactless payments, have raised

Talkdesk Launches GenAI-Driven Autopilot for Banking and Retail
E-Commerce Talkdesk Launches GenAI-Driven Autopilot for Banking and Retail

Talkdesk, a leader in the Contact Center as a Service (CCaaS) industry, has recently introduced its pioneering Autopilot solution, which is a generative AI-driven virtual assistant creatively tailored for the banking and retail sectors. This innovative and advanced tool integrates generative AI

How Will Shoprite's New POS System Enhance Black Friday Shopping?
Operations & Management How Will Shoprite's New POS System Enhance Black Friday Shopping?

As the anticipation for Black Friday shopping grows, Shoprite Group has strategically completed the upgrade of their point-of-sale (POS) systems just in time to meet the demand of this high-traffic shopping period. This upgrade was not only about keeping up with retail industry trends but also

Libya Slashes POS E-Payment Fees to Boost Health, Food, and Commerce
Operations & Management Libya Slashes POS E-Payment Fees to Boost Health, Food, and Commerce

In a significant move to enhance the financial ecosystem, the Central Bank of Libya (CBL) has announced a substantial reduction in point-of-sale (POS) e-payment charges administered by its state National Switch operator, Moamalat Financial Services Company. These charges have been cut to 1 and 1.5

The Rise of Online Equipment Rental Marketplaces Spurs Innovation
E-Commerce The Rise of Online Equipment Rental Marketplaces Spurs Innovation

The equipment rental market is experiencing significant growth, with projections estimating it will reach $131.2 billion by the end of 2024 and add another $70 billion over the next decade. The driving forces behind this growth include the continuous demand for commercial, residential, and

How Can Retailers Optimize Marketing in a Challenging Economy?
Customer Engagement How Can Retailers Optimize Marketing in a Challenging Economy?

In 2024, the retail sector is navigating a complex economic landscape characterized by unpredictable inflation rates, fluctuating consumer confidence, and ongoing supply chain disruptions influenced by geopolitical challenges. These factors combine to create a difficult environment for planning and

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