7 best Verifone POS for seamless payments and operations
MageStore
by Hoa Do
4d ago
Nearly 50 years of establishment have endowed Verifone with a thorough understanding of commerce to improve their payment services. With a high emphasis on innovation, Verifone has developed a range of payment solutions for merchants worldwide, including payment gateways, virtual terminals, and Android payment terminals to easily and flexibly handle payments online and in-store. Verifone has POS software incorporated into their payment devices, but the function of this POS is insufficient for business scenarios today. Merchants not only need to process payments, but they also have to man ..read more
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7 best Tyro POS for transactions and real-time data sync in 2024
MageStore
by Irene Luong
2w ago
Tyro is a trusted payments and banking solution provider in the Australian market, known for their reliable EFTPOS solutions. POS integrated with Tyro helps retailers handle transactions smoothly, optimize operations, and improve customer satisfaction to cater to the business’s needs. More benefits of integrating POS software and payment processors include: Simplifying transactions: The integration allows retailers to process transactions within the POS system and automate payment processing tasks to eliminate manual data entry and human errors. Thus, this helps save time and effort to ..read more
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7 best Worldpay POS to speed up checkout and sync data in real time
MageStore
by Hoa Do
3w ago
To date, a large number of companies across the globe, whether small or large, are using a Worldpay POS to combine the strength of Worldpay with the power of a POS system for effective business management. With many well-known brands in different industries like British Airways, CocaCola, and Zara making up their customer list, Worldpay has established themselves as one of the most trusted payment processing providers in the world. Outside of handling payments, using a Worldpay POS system helps streamline the overall operation of your business, from managing orders, and customers to moni ..read more
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5 best PayPal Zettle POS alternatives with robust features in 2024
MageStore
by Jackie Tran
1M ago
PayPal is a well-known payment system around the world that allows users to transfer or receive money easily, swiftly, and securely. Therefore, using a PayPal POS system works to your advantage without a doubt. Statistics say it all. About 80% of U.S. users asked in a consumer survey in 2023 stated that PayPal was their frequently used online payment service. By the end of the second quarter of 2023, PayPal has 431 million users worldwide, and more and more brick-and-mortar shops are accepting PayPal as a payment method in their physical stores. These figures affirm the solid standing of ..read more
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Retail distribution: 3 strategies & 3 best practices in 2024
MageStore
by Hoa Do
2M ago
Retail distribution is the strategy that most businesses use to sell their products to potential customers for more revenue. How many sales you make depends heavily on how effective your distribution is. Normally, a flourishing company often knows what distribution channel to pour resources into and what strategy to employ to achieve their ultimate business goals. Nike exemplifies how a globally famous brand can strategically employ a multi-channel approach to distribution. The brand distributes their products through wholesalers, retailers, and direct-to-customer (D2C) stores. Compared ..read more
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Fulfillment costs: How to calculate and optimize it for profits
MageStore
by Hoa Do
2M ago
Fulfillment costs directly influence the bottom line of most retail businesses. Thoroughly understanding and keeping track of your fulfillment fee allows you to make wise decisions to lower the costs and improve your profits. According to a recent survey, shipping costs are one of the biggest concerns for many merchants. Nearly 50% of retailers state that shipping costs account for more than 10% of the total value of an order. As about 62% of online shoppers refuse to purchase if retailers offer no free shipping, figuring out how to lessen fulfillment costs without losing customers poses ..read more
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Dark stores in retail: Concept, benefits, challenges, strategies 2024
MageStore
by Irene Luong
2M ago
The dark store has been around the eCommerce world as the future retail model. It converts brick-and-mortar shops into fulfillment centers, thus not only satisfying customers with instant delivery but saving retailers tons of costs and time operating their businesses.  The dark shop model is anticipated to generate $414.31 billion of revenue in 2033, a 30% increase from 2023. You’ve landed in the right place if you’re searching for effective strategies to leverage the dark shop and unlock your potential revenue. This article will shed light on all the aspects of the dark store model ..read more
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Micro fulfillment center: How it helps retailers speed up fulfillment
MageStore
by Katie N.
2M ago
Micro fulfillment centers (MFCs) are increasing in popularity worldwide. Many retailers consider micro fulfillment a compelling solution to dealing with rising customer demands for faster order fulfillment like next-day or same-day delivery. It’s estimated that the number of MFCs will grow more than 20 times by 2030, from around 250 to 5,600 in 2030. The micro-fulfillment market is also expected to increase by 12 times by 2030. These statistics present an undeniable truth: micro-fulfillment trends are gaining traction among global retailers. In this post, we explore the micro fulfillment ..read more
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9 Best eCommerce fulfillment solutions & services in 2024
MageStore
by Jackie Tran
3M ago
eCommerce fulfillment solutions present effective ways for retailers to deal with the complexity of the fulfillment process. As a result, choosing one of the best options helps streamline your fulfillment workflows, thus attracting new customers and retaining old ones. Statistics show that 50% of shoppers purchase online because of free delivery, and 24% of online customers will abandon their carts if the delivery is too slow. In the fierce eCommerce competition, lower shipping costs or faster product shipping can win you much customer loyalty and preferences. The more suitable and effec ..read more
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In-store cash flow management: What it is and how to get it right
MageStore
by Irene Luong
3M ago
Cash flow is the backbone of any business. As business owners, your top concern is to maximize profits and generate more money. Managing cash flow effectively is the very first action you need to think of. In the scope of this article, we’d like to address explicitly the importance of cash flow management in physical stores and tips to monitor it right. Let’s see what’s in the name. What is in-store cash flow management? Why is cash flow management essential? Why does in-store cash flow management matter? Tips to manage cash flow for retailers What is in-store cash flow ..read more
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