Digital Sales

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Tipping Goes Virtual as COVID19 Impacts US Restaurants

COVID-19 has affected restaurants harder than many other industries mainly due to the lack of cash flow. Not that restaurants aren’t making the money, they just make it differently. Most payments are electronic to avoid the risk of passing germs with cash (not necessarily because of the lower accessibility of it). That leaves restaurant owners …

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Online sales boom, Walmart Expects 40% Increase

Walmart is Betting on Stronger Online Sales for 2018 In preparation for its annual investors conference, retail giant Walmart hinted at a future when the company will be a strong competitor to Amazon, the absolute global leader in online sales and ecommerce operations. Investors reacted very positively to the news, which included a projection by …

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Retail isn’t Dying, it’s Evolving

The Retail Industry is Far from Dead For all the talk about how e-commerce has advanced to the point that online shopping has obliterated the brick-and-mortar experience, the evidence cited in this regard is tenuous at best. Those who believe that e-commerce will make shopping mall disappear will often mention the meteoric rise of Amazon …

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Virtual Reality is Shaping Retail and E-commerce… Re-commerce?

What Virtual Reality Means for Merchants and Retailers The video game industry has already made the most out of augmented reality and virtual reality, two advanced technologies that were originally developed for military applications; has the time arrived for the retail and e-commerce sectors to embrace them? Augmented and virtual reality technologies, respectively known as …

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Visa Goes to War Against Cash

It looks like Visa wants to kill cash transactions.  The credit card company announced last week that they are spending $500,000 to get restaurants to move completely cashless.  They say they will give $10k to each of 50 “qualifying restaurants, eateries, cafes, and food trucks” as an incentive to make the transition.   The gift …

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Target Pay Coming Soon

Apple, Android, and Google have their own pay services, where people can make payments directly from their devices. Recently, Wal-Mart joined the bandwagon when they released Walmart Pay. Target is now joining the game, planning to release its own payment service Target Pay later on this year. Although, Target has not decided if the service …

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About $11 Out of Every $100 in Digital Sales is Fraud

It should come as no surprise to you that online sales continue to trend up, but along with this comes the increased exposure to digital sales fraud specifically for card-not-present fraudulent activity. According to Forter, a fraud protection company, fraudulent activity accounts for about $11 of every $100 in digital sales nowadays. Fraudsters are remaining …

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