Online shopping is expected to be the largest retail channel worldwide by 2021. However, surveys show a staggering 75% customer drop-out rate at the online checkout stage. For online retailers, this loss of sales can have a dramatic impact on potential revenue, but at the same time, it presents a major opportunity to convert digital shoppers.
In many parts of the world, the future of public transportis already a reality. Cities like London, Tokyo and New York are leading the way: Paper tickets and also the proprietary travel passes of network operators are becoming a thing of the past.
Henning Brandt welcomes Computop payment experts Stephen Audritsh (Head of Merchant Services) and Thomas Strozyk (Head of Key Account Management). In this episode everything revolves around measures that merchants can take if they have difficulties in generating income at the Point of Sale in the current situation..
Devices based on Android allow more convenient payment processes and the merging of the pure payment process with other elements. In the future, merchants will be able to use the card payment terminal to access inventory management or seamlessly integrate loyalty programs into the payment process.