All Payments articles – Page 2
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AnalysisAnalysis: Is this the death of cash?
The contactless limit was upped to £100 in yesterday’s Budget. With the use of cash already plummeting, is this its final nail in the coffin? Retail Week reports on the implications of a cashless society.
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Retail Voice
Retailers have to react to a shift in consumer thinking – it’s essential
The list of products and services that consumers consider ‘essential’ is growing quickly. And with new restrictions limiting many people’s movements, spend on home-related goods, such as kitchen installation and electrical equipment, is on the rise, writes Costa Stathis, head of business propositions at Barclays Partner Finance.
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Video
Watch: Retailers must take responsible approach to consumer finance boom, experts warn
Consumer demand for finance options has remained consistently high this year, but retailers must assess customers’ ability to afford these options, experts have warned.
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Analysis
Watch: Subscriptions and finance are the future, say experts
Retailers need to offer consumers flexible subscriptions and finance options to win spend in a difficult market, a leading panel of experts told Retail Week at its latest virtual event.
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Retail Voice
Why consumer finance should be top of retailers’ shopping lists
While retailers adapt to the ‘new normal’, it’s important to remember that consumers are having to adapt as well. Financial stability is front of mind for many – something retailers must take heed of, writes Owain Jones, head of strategy and insight at Barclays Partner Finance.
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Retail Voice
Five technology insights to help retail adapt and thrive
With executives from retail and tech preparing to descend on Retail Racing 2020, event founder Kevin Ludford shares learnings and advice from technology players on how the industry has changed and what retailers should be doing to sustain growth post-Covid.
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Analysis
In pictures: Six trendsetting checkout-free stores from around the globe
With Amazon planning to open checkout-free Go stores in the UK, Rebecca Crook, chief growth officer at digital product and experience agency Somo, puts the spotlight on the other pioneering cashierless shops from across the world.
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News
St Albans stores trial contactless window shopping
St Albans in Hertfordshire has brought contactless technology into its shop windows to help boost the economy while keeping shoppers safe.
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Video
Watch: Why simplicity in payments is everything
A simple and seamless checkout is critical when it comes to converting cash-strapped browsers into buyers, an expert panel has told Retail Week.
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News
M&S triples number of stores offering mobile pay tech
Marks & Spencer has upped the number of food stores offering a checkout-free shopping experience from 100 to 310.
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Analysis
The Big Question: What should be done to kick-start the retail economy?
Shops are reopening but it’s still anything bar business as normal in town centres and other retail destinations. Industry experts share their views on how to encourage an enthusiastic resumption of retail therapy among consumers.
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Retail Voice
Five ways to get ready for the recovery
Does it seem a little odd to be talking about investing and spending more money during what is arguably the largest ever crisis the retail industry has faced? Perhaps, but hear me out.
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Analysis
Analysis: Seven inventive ways grocers across the globe are tackling coronavirus
From persuading people not to panic-buy to ensuring shoppers and staff are safe, supermarkets have had to overcome some Herculean challenges following the onset of coronavirus.
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News
Asda and M&S launch contactless volunteer shopping cards
Asda and Marks & Spencer have launched pre-paid cards to help older, vulnerable and self-isolating customers have their shopping picked up by volunteers.
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News
Contactless payment limit increased to help combat coronavirus
The spending limit for contactless payments in store will be increased from next month in a bid to minimise the spread of coronavirus.
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News
Amazon signs up first retail customer for Just Walk Out technology
An airport retail specialist has become the first retailer to subscribe to Amazon’s cashier-less store technology, which the etail giant has begun offering to other businesses.
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Gallery
Store gallery: Tesco unveils first city-centre cashless store
Tesco has opened a cashless store as the number of customers paying with physical money declines in its Express stores. The store format in High Holborn, central London, is the second of its kind.
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News
Marks & Spencer rolls out pay-and-go technology to 50 stores
Marks & Spencer has extended its Mobile Pay Go service to 50 branches, mainly in London, following a successful trial in six stores.
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Analysis
Analysis: How can retailers stem the returns avalanche?
As the glow of the golden quarter begins to dim, retailers face a surge of returns. What can they do to keep the spiralling cost of processing returns down?
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Retail Voice
How to use payment solutions to increase consumer loyalty
Andy Harding, managing director of Openpay, explains how retailers can tap into customers’ desires for more transparent payment solutions in order to grow consumer trust and loyalty, and increase responsible spending.
