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Buy now, pay later (BNPL) transactions increased nearly 30 percent during the 2021 holiday period. Supply chain fears prompted early shopping with a 28 percent increase in October. Buy online, pick up in-store (BOPIS) transactions increased 68 percent during the holiday season. Fraud attempts increased 14 percent within the retail sector between Thanksgiving and Cyber Monday—particularly with electronics items; average ticket price for fraud also increased within booming travel and ticketing sectors.
The update is in light of the recent closure of the official Shopify Sales channel app. This has created a gap in the market that CedCommerce aims to fill. While only paying the usual seller fees they pay to Amazon, sellers can enjoy the benefits of the Amazon by CedCommerce app, free of any subscription cost till December 31, 2021.
PayPal introduces new features and services, adding access to high yield savings, in-app shopping tools, deals and rewards, up to two-day early access Direct Deposit, and bill pay. All-in-one, personalized app provides PayPal customers with a single destination to easily and securely manage their daily financial lives and do more with their money
CoinPayments, the world's leading cryptocurrency payment processor, today announced a strategic product integration with Quid POS, a developer of innovative point-of-sale (POS) merchant solutions for small businesses. The integration enables Quid POS merchants to accept in-store crypto payments, providing financial access to smaller businesses.
PrimaLoft and Origin Materials have launched a strategic alliance to develop high-performance, carbon-negative insulating fibers for diverse apparel applications, including for leading outdoor, fashion, and lifestyle brands, as well as home goods applications such as hypoallergenic insulated bedding.
RocketFuel is the first cryptocurrency payment service to provide a seamless and elegant one-click checkout experience that today's digital- and mobile-centric consumers have come to expect from eCommerce marketplaces. The service allows merchants and consumers to easily pay via 43 different cryptocurrencies or direct bank transfer in a completely secure environment.
Connecting data from more than 13,000 external sources - including Instagram, Target, Macy's, Walmart, Amazon, Zappos and Nordstrom - the software offers contextualized insights across the consumer, competitive and commerce landscape fueling faster and more successful go-to-market strategies in an industry where the need for speed is greater than ever.
This partnership will benefit both RepSpark and ApparelMagic customers to collaborate throughout the wholesale process. From creating and delivering unique assortments per buyer, to presenting marketing driven shoppable catalogs, this integration allows ApparelMagic users to sync products, pricing, images, customers and inventory to RepSpark.
It could be said that in a world of limited traffic, conversion is king! As brick-and-mortar stores experience declining traffic, seizing every opportunity to convert customers is more important than ever. "Conversion pinch points" – those critical locations where a buying decision often requires personal assistance – exist in virtually every store. But how can retailers identify and respond to these valuable sales building opportunities without increasing staffing costs?