E-commerce

What Mobile-First Shopping Will Mean for the Retail Industry in 2018

When considering the trends that have been shaping the retail industry over the last few years, it is easy to infer that 2018 will be the year of mobile first shopping. Online retail giants such as Amazon have noticed that shoppers are not quite ready to completely abandon the brick-and-mortar model; however, they expect to …

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How to Get Payment Processing for Vape Products Online

How to Get Payment Processing for Vape Products Online If you’re planning to sell vapes online, one of the first hurdles you will need to overcome is finding merchant services that accept your business. The sale of electronic cigarettes, vape, and related products is considered high risk. This means many merchant account providers will turn …

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Avoid EMV Non-Compliance Fees

Some credit card processing companies are now charging “EMV non-compliance fees”.  For those who don’t know, the acronym EMV refers to the technology embedded in what are commonly called chip cards. Developed originally to increase security for customers when making a “card present” payment at a retailer, the date for merchants to install a chip-enabled credit …

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Five Reasons You Should Upgrade Your Point of Sale System Now

Point of sale systems have come a long way since they were introduced as advanced replacements for cash registers in the 20th century. Modern point of sale (POS) solutions offer more than just the ability to ring up purchases; they integrate multiple functions such as merchant services, inventory control, payment processing, scheduling employee shifts, collecting …

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Don’t Have Online Ordering? You Should.

If you’ve ever wondered if you should add online ordering capability to your retail establishment, we’re here to tell you, “Yes, you should.” It’s a no-brainer really. While we’ll get into more particular reasons why in the following discussion, there’s one very basic reason merchants should provide this option for customers – because they expect …

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How Banks Are Adapting to the Demands of Millennials

Millennials, who are between 18 and 34, are a major market segment for banks and other financial institutions to attract and retain. There are now more than 83 million millennials in the U.S., representing one-quarter of the country’s population and a larger share than baby boomers. Most millennials have spent their entire lives with technology …

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Real-Time Payments Network approved! What Is It?

DOJ Approves Creation Of Real-Time Payments Network The DOJ has approved a real-time payment network suggested by two dozen banks who want to provide faster payments to merchants using their merchant services. The DOJ wanted to make sure that this was not a move that would consolidate too much power in too few places and that there is no …

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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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Goldman Sachs Interested in Bitcoin Trading

Is Goldman Sachs About To Take The Plunge Into Bitcoin? Something as flashy and relatively new to the scene as Bitcoin may not be the first thing you would imagine a company like Goldman Sachs getting themselves involved with. However, they may yet still have a few surprises up their sleeves. Recently, Goldman Sachs has hinted at …

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New FDA Regulations Affect Online Vape Credit Card Processing

It seems that the U.S. Food and Drug Administration (FDA) is finally beginning to crack down on the growing vape and e-cig industry, after it announced last year that all e-cigarettes and other vaping products will now be regulated in the same way as cigarettes are under the 2007 Family Smoking Prevention & Tobacco Control …

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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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