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Digital Technologies Drive Innovation In Retail, Payments

PYMNTS

Target crushed online commerce and reported decent in-store sales volume for the holidays, while Urban Outfitters and Nordstrom had weak in-store traffic that even fairly positive online volume couldn’t surmount. And in digital innovation, mobile payments are bridging the cash and digital divide in Pakistan.

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Advancing Retail And Education With Digital Technology 

PYMNTS

In payment methods, Circle K announced a cashierless checkout pilot as convenience stores advance retail innovations. And in education, Google and Apple are facilitating students’ return to class with the help of technology. All this, Today in Data. 7.3K: Minimum number of Circle K stores in operation in the U.S.

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Crafting An (Online) B2B Market For Retailers

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The digital shift may transform retail storefronts in Europe. To that end, in Europe, Czech firm Nulisec has debuted an online B2B marketplace focused on European retailers — geared toward improving sales and procurement processes. At the moment, retailers are hostages of their local suppliers,” he said.

Online 195
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Tapping Into Mobile Payments And Retail Technology Amid Digital Shifts

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As retailers scramble to capture the digital shift, it’s easy for some overlooked details, such as unanswered customer complaints, to harm their brands. To prevent this, a new category is emerging around the area of online reputation management , with a luxury automaker among the latest brands to embrace the technology.

Mobile 141
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eBay: Offline Payment Preferences Are Changing Online Habits

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The pandemic is proving to be a tough loyalty test for retailers, as they are competing for customers’ attention in an environment where competition is still present in both online and in stores. Retailers must, therefore, assess what type of shopping experiences consumers are searching for, as well as how to provide swift payments.

Online 241
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Deep Dive: Why Retailers Are Merging Online, In-Store Shopping For The Omnichannel Age

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Consumers have shopped online, via mobile devices and at brick-and-mortar stores in various capacities for years, but the pandemic is dramatically expanding the connections between these channels. Consumers’ expectations regarding merchant interaction and support have also shifted to mirror their pandemic-driven payment preferences.

Retail 243
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Why Retailers Are Making mPOS Technology A Top Priority

PYMNTS

In the age of digital payments, mobile point of sale systems (POS) are making inroads with the promise of time-saving conveniences for merchants. But interest in this technology is not limited to the food and beverage space, and is gaining traction in many different verticals. based Walgreens stores will soon accept Alipay.

Retail 213