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In the News

Bolt CEO Says Shopper Identity Will Redefine Retail

May 21, 2024

Bolt specializes in enhancing eCommerce experiences by offering a one-click checkout process. In keeping with Grooms’ focus on removing friction from the customer experience its platform integrates with retailers’ existing systems, allowing customers to complete purchases quickly and securely without unnecessary redirects or steps.

In the News

What is working in fintech like? A day in the life of a Bolt product director

May 24, 2024

Matthew Low is a Director of Product at Bolt, a San Francisco checkout technology and payments fintech, working remotely out of Toronto, Ontario, Canada. He leads the core product team, which includes its checkout, payments, risk and data products. Low also worked on product in the crypto industry with Kraken, and spent much of his earlier career as a corporate attorney.

In the News

Does Leaving an Item in Your Online Cart Really Get You a Discount?

Apr 29, 2024

With 76% of shoppers abandoning their carts at the last, critical step before checkout — a problem costing U.S. retailers hundreds of billions in annual lost revenue — capturing more sales by utilizing timed and personalized abandoned carts offers is critical,” says Kartik Ramachandran, VP of Product at Bolt, a platform that provides ecommerce checkout solutions (as well as tools online stores can use to retain shoppers).

In the News

Bolt and Checkout.com Announce Strategic Partnership for Enhanced E-commerce Experience

Mar 19, 2024

Bolt and Checkout.com have teamed up where Bolt “will become Checkout.com’s exclusive one-click checkout provider and Checkout.com will become Bolt’s preferred payment partner,” the companies said in a statement.

Press Release

Checkout.com Exclusively Partners with Bolt to Provide Accelerated Checkout

Mar 18, 2024

Bolt, a leading checkout technology company, and Checkout.com, a global payment solutions provider, today announced a partnership set to expedite their shared mission to advance ecommerce. Through this collaboration, Bolt will become Checkout.com's exclusive one-click checkout provider and Checkout.com will become Bolt's preferred payment partner.

In the News

Retailers Say Returns, Consumer Data and Competition Are 2024’s Top Challenges

Jan 16, 2024

Bolt, a leading checkout technology company, recently released its “2024 E-commerce Priorities and Predictions” report looking at the retail landscape for 2024. The company surveyed more than 100 decision-makers at U.S.-based e-commerce brands with revenues exceeding $100 million.

Press Release

Digitally Focused Retailers Saks OFF 5TH, Shinola, Filson, Lafayette 148, and Toys"R"Us Launch With Bolt To Supercharge Online Shopping

Nov 16, 2023

Bolt announced today that it has launched with Saks OFF 5TH, Shinola, Filson, Lafayette 148, and Toys"R"Us to automatically recognize more shoppers, increase conversion, boost store account registrations—and most critically—drive repeat purchases and build meaningful, lifetime relationships with their customers.

In the News

Bolt CEO: ‘America’s FedNow service has much to learn from India’s breakthrough payments system’

Sep 14, 2023

Changing an entire country’s digital payments architecture is a huge undertaking. Policymakers might be tempted to look to Silicon Valley for guidance. However, they’d be better served by looking for inspiration in India, where a similar payments transformation is well underway.

In the News

Revolve Taps Bolt to Help Drive Online Conversions

Sep 6, 2023

The test results showed the group of shoppers using Bolt drove higher sales (a 4 percent increase) as compared to the control group. Bolt said there was a 3.2 percent overall e-commerce conversion and a whopping 30 percent increase in conversion for mobile Bolt account holders versus guest shoppers.

How Streamlining Digital Checkout Boosted Polywood Conversions Nearly 50%

Aug 15, 2023

In its first year, the brand marked a 10% lift in checkout conversions, a 5.5% increase in monthly revenue, and 40 hours per week saved that had been spent fighting fraud. After the second year of using the Bolt solution, the retailer saw nearly 50% conversion growth compared to the pre-deployment baseline.

In the News

Bolt’s Hilary Neve on How Business’s Checkout System Helps Build Relationships with Customers

Jul 15, 2023

In this interview with Spotlight, Bolt’s Hilary Neve shares how a business’s checkout process and technology can smoothen the path from “intent” to “purchase.” Beyond frictionless transactions, we also explore how independent eCommerce businesses can protect themselves against fraudulent buyers while providing more personalized services to their genuine customers, and what the future of eCommerce may look like as we step into the AI age.

Press Release

REVOLVE Deepens Partnership with Bolt, Tapping Omnichannel Checkout Solution to Power FWRD's First Ever Pop-Up Shop

Jun 9, 2023

Bolt will offer a seamless, see now, buy now checkout for FWRD. Shoppers can simply scan a QR code to get immediately directed to a FWRD-branded checkout page, where they can purchase items with a single click. Not only does this typically result in higher conversion and reduced checkout friction, but shoppers associate their positive experience with FWRD, reinforcing their loyalty to the brand.

Revolve’s Latest Pop-Up Could Pave the Way For Its First Permanent Store

Jun 9, 2023

The online marketplace favoured by models and influencers has been a brick-and-mortar retail holdout, but its newest storefront could change that.

In the News

Bolt’s Future of Beauty Ecommerce Report Covers AI, Diversity, Inclusion, and Hyper-Personalization

Jun 8, 2023

In a survey of 1,000-plus beauty and skin care consumers in the US, Bolt’s latest Future of Beauty Ecommerce report found that 75% of shoppers would pay more for beauty and skin care products if they received personalized online shopping experiences.

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