by Amanda Zatman | Jul 8, 2020 | Articles
The average global online cart abandonment rate is around 70%. Considering that in 2019, retail e-commerce sales worldwide amounted to 3.53 trillion US dollars, the unrealized revenue value is left at over $8 trillion. The retail focus must be increasing the number...
by Amanda Zatman | Jun 14, 2020 | Articles
As brick and mortar shops across Europe and the US are given the green light to open, retailers must put extra time and attention into being fully prepared for operating in an environment that has changed from the one in which they were last open. From what we are...
by Yaacov Martin | May 21, 2020 | Articles
As Western countries start the slow return to business as usual, lenders and retailers will need to establish lending programs that can cope with the demand from consumers who are ready to begin spending again but are likely to have faced a period of financial...
by Nufar Segal | May 7, 2020 | Articles
Calling these days “unprecedented times” is an understatement. Along with all the uncertainties, what we do know is that mobility restrictions are critical to public health, and this takes a tremendous toll on retail. Brick-and-mortar stores are closed,...
by Amanda Zatman | Mar 30, 2020 | Articles
There is one main reason to offer a financing/pay over time solution: to create more sales. Any retailer will tell you, especially if they are selling high ticket items, that being able to offer financing is key to creating more sales which they would have otherwise...
by Nufar Segal | Feb 7, 2020 | Articles
The reason most POS companies have not been able to incorporate the value-added service of consumer finance is that the loan usually comes from a third-party lender or bank. Square provides its own financing to consumers, but most POS companies don’t have the funds to...
