As pressure on household budgets continues, new payment methods including account-to-account (A2A) instant payments, Wero, Buy Now Pay Later (BNPL), loyalty points and cashback, are gaining traction across the retail sector. These solutions aim to help consumers manage their day-to-day spending, strengthen customer loyalty and make payment collection more efficient for retailers.
Once seen as the final operational step in the customer journey, checkout is now becoming a strategic priority and a key driver of conversion. Here is a closer look at this month’s major initiatives from retailers and tech providers.
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