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Digital Payments in Retail: Streamlining the Omni-Channel Customer Journey

Publisher IDC
Published Mar 13, 2024
Length 7 Pages
SKU # IDC18629787

Description

Digital Payments in Retail: Streamlining the Omni-Channel Customer Journey


This IDC Perspective explores the transformative impact of digital payment methods on the retail landscape, delving into the widespread adoption of existing and emerging technologies, their implications for consumer behavior, and the strategic leveraging of transaction data for personalized marketing and enhanced customer engagement."In the dynamic landscape of retail, the adoption of digital payment methods transcends mere choice; it stands as a strategic imperative. Through the seamless integration of these technologies, companies can reshape the shopping experience and gain access to a wealth of consumer insights. This empowers them to customize offerings, foster enduring relationships, and maintain a competitive edge in an ever-evolving market," said Cristiano Quattrini, senior associate advisor at IDC Retail Insights.

Please Note: Extended description available upon request.

Table of Contents

7 Pages
Executive Snapshot
Situation Overview
Digital Payments Drive the Cashless Economy
The Importance of Digital Payments in Creating Frictionless Customer Experiences
Digital Payments Streamline Omni-Channel Retail
Advice for the Technology Buyer
Learn More
Related Research
Synopsis

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