Accepting cryptocurrency at the point-of-sale

June 29, 2019

Our migration towards a cashless society is almost complete. Since the 1990s when electronic banking became common, digital payments have become increasingly widespread. Consumers today have a lot of choice when making electronic payments online. However, payments made in-person have struggled to keep up. The principle reason for this lack of innovation has been complexities in confirming payments quickly enough; bank-issued payment cards currently dominate the market, resulting in the banks controlling both consumer status and merchant fees.

Spotlight

Payments Cards & Mobile

Payments is vast, growing and ever-changing. To survive and thrive in this challenging, but opportunity-packed sector, you need to keep your finger on the pulse of developing trends, technologies and high-impact initiatives.

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How To Have Your Own Payment Gateway Without Developing it From Scratch

whitePaper | June 13, 2022

Payment gateways are essential to modern commerce, and the best payment gateways make it easy for companies to accept a wide variety of payment types and handle a range of billing and payment processing needs. But building payment processing software from scratch can be a daunting task.

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Locus’ Guide To Omnichannel Fulfilment

whitePaper | June 2, 2022

Omnichannel selling is the need of the hour for retail enterprises across the globe. The advent of E-commerce and the onset of the pandemic are only reinforcing the fact that omnichannel is the way to go for small-scale brick and mortar stores to remain competitive in the long run. Here’s everything you need to know about omnichannel fulfillment and how to go about it for your business.

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Retail Automation: Stranded Workers? Opportunities and risks for labor and automation

whitePaper | December 3, 2019

The retail landscape is experiencing unprecedented change in the face of disruptive forces, one of the most recent and powerful being the rapid rise of automation in the sector. The World Economic Forum predicts that 30-50% of retail jobs are at risk once known automation technologies are fully incorporated. This would result in the loss of about 6 million retail jobs and represents a greater percentage reduction than the manufacturing industry experienced. Using Osborne and Frey study1 with the Bureau of Labor Statistics, the analysis suggests that more than 7.5 million jobs are at high risk of computerization. A large proportion of the human capital represented by the retail workforce is therefore at risk of becoming “stranded workers.”

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Executive Summary of the KPMG Study ”Trends in Retail 2020“

whitePaper | November 12, 2019

The retail industry faces immense challenges in the coming years. These challenges include demographic change, raw materials becoming more expensive, consumers changing their behaviour due to increasing digitalisation and e-commerce. These are only some of the major changes currently taking place in the retail industry. The “Trends in Retail 2020” study performed by KPMG in Germany and the EHI Retail Institute highlights factors which will have a significant impact on the future development of the German retail market.

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The future of retail is digital

whitePaper | June 28, 2022

It’s no secret that more consumers are shopping online today than ever before. By 2025, e-commerce is projected to account for at least a quarter of all retail sales. It’s an alarming statistic—and one that worries brick-and-mortar retailers around the globe. Is the face-to-face retail experience a thing of the past? What can storefront retailers do to stay competitive in today’s digital marketplace?

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The LEAF token

whitePaper | May 20, 2022

The aim of leafsystems is to link local consumers to local restaurants and make transactions easy, reliable and manageable during their entire relationship. This enables innovative loyalty programs for consumers, individual discounts and many other benefits.

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Spotlight

Payments Cards & Mobile

Payments is vast, growing and ever-changing. To survive and thrive in this challenging, but opportunity-packed sector, you need to keep your finger on the pulse of developing trends, technologies and high-impact initiatives.

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