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Tag: payments


Retail Types, Stores

How Does a POS System Work?

October 12, 2022

Via: Lightspeed POS

Retail stores come in all shapes and sizes, but if there’s one thing every shop needs, it’s a solid point of sale (POS) system. The POS plays a key role in any store’s day-to-day operations, as it drives the entire […]


E-payment & Data Security, Tech

Farfetch to start offering cryptocurrency payments

October 6, 2022

Via: Charged

Farfetch has announced it will offer customers the chance to purchase items on its marketplace with cryptocurrency in 37 countries. The luxury fashion platform said it will initially accept six cryptocurrencies which include Bitcoin (BTC), Ethereum (ETH), USD Coin (USDC), […]


News & Trends

40% of retail employees say struggling to pay their bills is causing excessive stress

September 29, 2022

Via: Charged

Approximately 40% of retail employees say that the struggle to pay their bills is causing them excessive stress amid the cost of living crisis, according to data from vaping retailer Vape Club in its The Mental Health, Stress and Quitting […]


E-payment & Data Security, Tech

What Small Businesses Should Know Before Taking Payments Online

September 23, 2022

Via: Lightspeed

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 […]


E-payment & Data Security, Tech

BNPL player Affirm sees share price tumble after poor annual forecast

August 26, 2022

Via: Charged

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 […]


E-payment & Data Security, Tech

Retailers are missing out by not accepting crypto payments, says Paysafe

August 24, 2022

Via: Charged

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 […]


E-payment & Data Security, Tech

PayPal to relaunch Made platform for emerging designers

April 21, 2022

Via: Retail Dive

Made, founded in 2009 following the Great Recession of 2008 to support up-and-coming designers, has found a newfound purpose during the COVID-19 pandemic. PayPal’s involvement in Made’s relaunch is part of the payments company’s efforts to close the racial wealth […]


E-payment & Data Security, Tech

Global Payments Provider Secures $30 Million in New Funding

March 22, 2022

Via: Retail TouchPoints

Reach, a combined payments, tax and fraud platform designed to improve handling of cross-border commerce transactions, has received $30 million in its latest funding round. The solution provider will use the funding to scale up its development teams with a […]


E-payment & Data Security, Tech

Buy now, pay later popularity shows no signs of slowing, FIS report says

March 9, 2022

Via: Retail Dive

Expect buy now, pay later to be a juggernaut in payments for years to come. That’s according to the 156-page 2022 Global Payments Report released March 2 by the Worldpay unit of Fidelity National Information Services, also known as FIS. […]


E-payment & Data Security, Tech

Crypto Payments Adoption in FinTech: How Do Retailers Fit in?

February 23, 2022

Via: Retail TouchPoints

No matter how fast the modern payment ecosystem is developing, the pursuit of the best customer experience isn’t going anywhere. To answer customers’ demands, business leaders must find the balance between adapting services to consumers’ digitally-driven shopping behaviors and staying […]


E-payment & Data Security, Tech

Why Retailers Need Cloud-Native Payment Orchestration: 5 Tips to Flexible, Scalable, Customized Payment Infrastructure

September 10, 2021

Via: Retail TouchPoints

Why is payment orchestration suddenly getting so much attention? The truth is, it’s not a new idea, but what is different is the accelerated drive toward digital transformation and the advantages of cloud computing. Payment orchestration is no longer optional. […]


E-payment & Data Security, Tech

Digital wallets to make up $11bn of online spending by 2026

September 9, 2021

Via: Charged

Digital wallets are estimated to account for $11 billion of online spend by 2026, according to figures from emerchantpay. The study, which has been published to examine consumer behaviour post pandemic shows that there will be stark differences in attitudes […]


E-payment & Data Security, Tech

PayPal Eliminates Late Fees for Buy Now, Pay Later

August 18, 2021

Via: RIS News

It just got a little easier for consumers to buy now, pay later (BNPL) for purchases they may have otherwise put off. PayPal Holdings said starting this fall it will no longer charge late fees for missed payments on buy […]


News & Trends

Amazon strikes back at Visa fees with surcharge

August 11, 2021

Via: Retail Dive

Retail giant Amazon is taking on card behemoth Visa with plans to impose a half percent surcharge on all Visa credit card transactions in Singapore starting next month in its first ever such surcharge. “Due to Visa’s high cost of […]


E-payment & Data Security, Tech

The Payments and Returns Impact in Retail

July 26, 2021

Via: RIS News

You may have seen the news of installment payment company Affirm acquiring returns payment platform Returnly, and the more recent announcement of PayPal acquiring Happy Returns. Interestingly, we called this at the start of the year in our five predictions, […]


Others, Tech

Podium Introduces Stationary and Mobile Card Readers

April 8, 2021

Via: Retail TouchPoints

Communication and payments platform Podium has released Podium Card Readers, POS-connected devices designed to provide more ways for local businesses to collect and manage their payments. Card Readers can enable frictionless payments via text and in-store, allowing local businesses to […]


E-payment & Data Security, Tech

Payments in 2021: What Lies Ahead After the Digital Boom

April 5, 2021

Via: Retail TouchPoints

It has been a year of momentous change for the payments industry. Previously, emerging trends have seen a massive acceleration as a result of the pandemic. Years of transformation transpired in just a few months with rapid shifts in both […]


E-payment & Data Security, Tech

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

April 1, 2021

Via: Retail TouchPoints

Humans have been dynamically evolving the concept of loans and credit in commerce for hundreds of years — culminating in the explosion of consumer credit cards in the 20th century. However, the practice of using credit is gaining traction even […]


E-payment & Data Security, FMCG products, Retail Types, Tech

7-Eleven unveils mobile wallet to enable contactless payments

December 8, 2020

Via: Retail Dive

Given this unprecedented pandemic, 7-Eleven created its mobile wallet to give customers a convenient, contactless way to pay, 7‑Eleven president and CEO Joe DePinto, said in a statement. It was also important to bring customers who use cash into the […]


Customer Experience, Loyalty Programs

Wayfair launches branded credit cards

September 15, 2020

Via: Retail Dive

As many retailers have taken a financial hit during the COVID-19 pandemic, Wayfair has managed to turn its losses around. In February, the retailer disclosed a net loss of $330.2 million, up from $143.8 million the year prior, and laid […]