Digital wallets are omnipresent today. You’re probably wondering what drives their annual double-digit growth. Well, they’re convenient, secure, and simple to use. Yet, that’s not all the reasons. Social commerce stands out among numerous other factors, catalysing digital wallet adoption in a discrete yet powerful way.
Perplexity and PayPal will allow AI agents on the Perplexity Pro platform to pay for products, travel bookings, or tickets requested by users.
Merchants who use Adyen platform will soon benefit from even more secure credit card transactions with JCB Card-on-File (COF) Tokenization technology.
E-commerce subscriptions are doubling every year, with Gen Z driving its snowballing popularity. Where there’s demand for subscriptions, there’s also a need for efficiency in recurring payments. CVRPs are getting significant interest share from merchants and payment service providers, making them a potential new stage in open banking progress.
Both payment network providers, Visa and Mastercard, have almost simultaneously unveiled their initiatives to enable the future of AI-driven agentic commerce.
Mastercard introduces new end-to-end capabilities that can make stablecoin payments as seamless as everyday fiat transactions.
The media, citing insiders, published information according to which the Chinese authorities have asked e-commerce platform operators to stop insisting that merchants refund customers without requiring the return of goods.
Chinese online retailers Shein and Temu have notified US consumers that prices on their respective e-commerce platforms will increase from April 25.
AEON partners with Stellar blockchain to support payments using $XLM and Stellar-based USDC for e-commerce purposes.
Even online shopping can be painstaking, given the manifold selection of products and e-commerce stores. If the mere thought of browsing through myriads of online shops’ inventory items, comparing prices and logistic options leaves you feeling exhausted – agentic AI is on its way to the rescue mission.
Millions of buyers and sellers around the world using the eBay platform will have even more seamless e-commerce experiences, as the marketplace partners with Checkout.com.
Klarna partners with Clover, a point-of-sale system developed by Fiserv, to scale its in-store payment network.
Klarna brings flexible and interest-free payment options to Aritzia clients online and in select boutiques across the US and Canada.
Buy for Me service, which enables customers to buy from other brand retailer websites, is currently in the beta testing stage within the Amazon Shopping app.
Starting July, UK customers will start seeing personalised PayPal ads and enjoy an enhanced shopping experience with the payment leader’s innovative marketing solution.
Smart POS platform Clover, created by Fiserv, is launching in Australia to power local SMEs.
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