The COVID-19 pandemic has changed the way we live and do business. Rather than going to grocery stores in person to buy our weekly produce, many of us have rushed to eCommerce sites to book time for delivery or curbside pickup. According to the Food Retailing Industry report from FMI, food retailers saw their online sales jump more than 300% on an average in the first few months of the pandemic. The post-COVID world will still see consumers opting for delivery and curbside pickup options when they purchase their groceries online. What many grocers may not realize that they are leaving money on the table with these card-not-present (CNP) transactions. This is where the difference between card-present (CP) and CNP transactions comes into play.
