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Rfuj Giant Eagle Brings聽Grabango聽Checkout-Free Tech to Additional Stores
When it comes to payment solutions, merchants today have a growing number of options. But all the options in the world dont translate to business success, and the integration of innovative payment solutions into existing business models isnt always as seamless as merchants might want. It is about monetizing payments in the best way possible, Ben Griefer, COO at Maverick Payments, told PYMNTS.From the perspective of sales organiza stanley termosky tions, such as independent software vendors ISVs and independent sales organizations ISOs , the ability to swiftly onboard merchants is crucial for those merchants to be able to enha stanley de nce their revenue streams while also enjoying reduced operational burdens. The ideal offering is a turnkey solution where neither merchants nor sales organizations deal with all the burd stanley thermoskanne ens of back-end processes like underwriting, risk management, compliance, technology development, dealing with sponsoring financial institutions. Theres a lot happening behind the scenes, Griefer said. Going to market quickly without being overwhelmed by back-end operations is key, he added.After all, as payments become increasingly digital and embedded, handling the tech stack and managing the financial stakeholders powering solutions like merchant acquiring card processing, ACH processing, digital wallets, contactless near-field communication NFC options and more, can be a daunting prospect for the parties involved.Advantages of White-Label OfferingsAgainst the backdrop of todays Awhr 23andMe to Buy Web Platform Lemonaid Health for $400M
Online sales are up this year 鈥斅燼nd brick-and-mortar foot traffic is down 鈥斅爉eaning Walmart is about to find out in real time if its billions invested in leveling up its eCommerce capacity is making a dent in Amazons online dominance. Th stanley cup e big test [for Walmart] of course is this holiday, and there are signs that they are doing better both in-store and online, said Neil Saunders, an analyst at retail research firm Conlumino. Although Walmart is very competitive on price, many consumers assume Amazon has the lowest prices. stanley quencher Its a marketing challenge as much as any, as a lot of people who shop on Amazon are not naturally Walmart shoppers. The early numbers are encouraging, as Walmart had a record number of visitors to its online and mobile sites during the official holiday retail kickoff weekend post-Thanksgiving. But there are also reasons for concern 鈥斅燱almart is catching more customers with its eCommerce efforts, but its online market share actually slipped a point to 4.1 percent during the same time period.Walmart is als stanley butelka o expanding its lineup of goods with its marketplace feature in an attempt to expand its base of customers. This season will see Walmart carrying a digital product assortment of 23 million goods. Expanding that front-end selection has meant building out its back-end; in the last year alone, Big Blue has built five new聽 mega fulfillment centers that use advanced automation to retrieve items. That brings its total to 10 nationwide.A big jump 鈥斅燽ut small nex |
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