Smart Terminals: Essential for Today’s Payment Needs – And a New Platform for Communicating to Merchants?

POPcodes had the pleasure of joining Raymond Pucci and Ryan Mac for PaymentsJournal’s Podcast on utilizing smart payment terminals beyond payment acceptance. Listen and read the article below (with exclusive content) or visit PaymentsJournal for more.    Internet-connected, contactless smart-terminals are buzzing in the payments industry. These devices are ideal for enabling a wide range … Read more

POPcodes® Inc. to Exhibit at the 2019 SEAA Conference in Atlanta, GA

Southeast Acquirers Association 2019 Exhibitor

Every year more than 20% of merchants choose to move a new ISO or acquirer, costing the industry over $2B a year. POPcodes’ value-added solutions transform the ubiquitous and secure payment terminal into a dynamic and powerful merchant and customer engagement tool, to reduce this churn.

POPcodes Tips on How to Create a Successful Promotion

By incorporating some of these points into the overall design of your promotions you will be able to effectively bond with your customers in a way that leaves a lasting and meaningful impression of you and your business on them.

POPcodes® selected to present Push Button Service™ solution at Atlanta’s FinTech South

POPcodes®, a startup focused on improving consumer, merchant and acquirer experiences, has been selected to showcase their unique solution to over a thousand attendees of the FinTech South conference at the Mercedes-Benz Stadium in Atlanta, Georgia May 7 & 8, 2018.

The Future of Mobile Wallets

The influence of mobile technology on retail in this century has been truly astounding. By 2003, 95 million people around the globe made a payment via their mobile device. By 2015, there were 500 million users making 50 billion transactions for a total volume of 610 billion USD. With mobile wallet growth on the rise, could it be the next subset of mobile commerce to reap the benefits of a mobile hungry populace? Over the last five years, m-commerce has enjoyed a 30% compound annual growth rate (CAGR) that is showing little sign of slowing down. If brick and mortar retail is still king, what will it take to bring mobile wallet adoption out of the hands of early adopters and into the hearts and minds of shoppers worldwide?

POPcodes selected to present at Money 20/20’s StartupPitch180 sponsored by EY

POPcodes is one of only fifteen late stage startups selected from around the globe to take place in Money 20/20’s 5th year’s competition. The action will be fast paced, interactive and fun, as judges from leading VC firms and audience voting will determine the 4 winners from our curated list of startup companies.

Retailers Embrace In-Store Pickup Amid Rising Shipping Costs

The onset of 2015 marked a huge change in shipping costs, and as a result retailers are struggling to find ways to maintain their bottom lines. As of Jan. 1, packages are now being evaluated by their “dimensional weight,” or volume, instead of determining price by weight alone. Experts say that the when combined with other annual rate hikes and surcharges, the resulting average rate increases will be as high as 30% or more.

Unfortunately, retailers are being forced to make sacrifices in the name of customer service in order to soften the blow. Some are raising free-shipping minimums, some are raising prices, and others are cutting free shipping altogether. But for the 68% of retailers already offering free delivery, cutting free shipping would take a serious toll on customer satisfaction.

How to launch in-store pickup that goes beyond ‘grab and go’

So what exactly is this main goal? According to Aamoth, its getting the customer to fulfill an online order efficiently, while bringing them to a physical location where they can shop for additional items and drive incremental sales in both channels. Ace Hardware, for example, claims to have seen an average lift of 18% to 20% in e-commerce sales since installing in-store pickup.

Buy Online, Pick Up In Store: The Best Of Both Worlds

The advantages of buying online and picking up in-store don’t end with the money saved on shipping costs. Directing customers into the store to complete their transaction results in major net gains for retailers, as two out of every three consumers shop for additional items when picking up a product in store, according to a recent POPcodes survey. The opportunity to upsell is unique to the in-store experience, and when consumers have the option to test and try, they are much more likely to make incremental purchases.

Optimizing The Supply Chain To Facilitate Omnichannel Fulfillment

As omnichannel becomes more of a business imperative, retailers are striving to provide the best experience possible, particularly during the order fulfillment and delivery process.

Whether through ship-from-store or in-store pickup, merchants are enabling consumers to have more of a say in when and how they receive their orders. These are not the only methods retailers are implementing, as some merchants are adding same-day delivery services and even free shipping to the mix.

Regardless of the delivery method retailers want to execute, they must first streamline and optimize their supply chain operations.