As consumers grow accustomed to digital shopping and mobile ordering, slow transactions can make or break the customer experience. That’s why real-time payments and fund disbursements have become so important across industries.

While digital fund disbursements clearly can affect insurance claims, government tax returns and gig economy workers’ paychecks, it’s reimbursements that play a major role for the retail industry. The rise in online shopping means more shoppers needing refunds on returned merchandise. 

Click to read the full PYMNTS.com article>>

Author

Editorial Team

Author

B-Stock Editorial Team

More from the B-Stock Blog

‘Tis the Season for Secondhand Gift-giving
‘Tis the Season for Secondhand Gift-giving

The official start of the holiday shopping season is upon us with the bulk of spending set to take place over the Thanksgiving holiday as consumers and retailers look to capitalize off of Grey Thursday, Black Friday, Small Business Saturday,…

Nov 21 2024 · 4 min read

The B-Stock<br>Apparel Insider
The B-Stock
Apparel Insider

Nov 20 2024 · 0 min read

Discount Retail Chains’ Struggles Highlight Need for Diversified Secondary Market Strategies
Discount Retail Chains’ Struggles Highlight Need for Diversified Secondary Market Strategies

Within the last few months, Big Lots, Channel Control Merchants, and American Freight have each announced bankruptcy. The immediate future looks different for each of these organizations, and while these developments were somewhat expected to those in the know, they’re…

Nov 13 2024 · 6 min read

Like what you see?

Subscribe to our newsletter to get the latest news from B-Stock.