E-commerce - page 15

News

Nigerian B2B E-Commerce Startup Sabi Raises $38 Million to Serve African Retailers

Sabi’s Series B funding round values the company at $300 million and powers the startup’s goal to serve the 50 million small- to medium-sized businesses (SMBs) in Africa 

Finance & Economics

PartsTech Raises $35 Million to Expand B2B Automotive Parts Marketplace

PartsTech announced the attraction of investment funds for $35 million.

Science & Technology

The Unmatched Benefits of Ruby on Rails for E-commerce Development

Ruby on Rails (RoR) has become a popular choice in the world of web development, especially for e-commerce applications. With its elegant syntax, extensive libraries, and focus on convention over configuration, RoR offers numerous advantages. 

News

Apple Online Store in Vietnam Gets Instalment Payments from MoMo

The tech giant Apple opened its online store in Vietnam, offering up to 24 months of financing with a local fintech MoMo

News

Apple Pay Continues Expansion With Honduras and Panama

The popular mobile wallet Apple Pay has launched in Honduras and Panama with support for Mastercard and Visa credit and debit cards issued by the partnering banks

News

Wendy’s and Pipedream to Pilot Underground Autonomous Robot System

Wendy’s plans to launch a mobile order delivery testing program through the use of an underground autonomous robotic system.

News

Paytronix & Square Integrate Online Ordering With POS

Paytronix is launching its advanced digital guest engagement solution for restaurants, retail chains and convenience stores on the Square App Marketplace, expanding restaurants’ reach beyond brick-and-mortar customers

News

Sezzle’s BNPL Option Helps Building Credit Score

Sezzle’s Pay-in-2 option expands the range of the company’s existing BNPL products and may help customers build their credit score in conjunction with the Sezzle Up feature

News

Amazon to Add Generative AI to Marketplace Search

Amazon intends to introduce a ChatGPT-style product search system into its online store.

Fintech & Ecommerce

Amazon Uses AI to Speed Up Delivery

The media reports that Amazon has integrated artificial intelligence into its inventory system to speed up the process of delivering goods to customers.

Fintech & Ecommerce

Alibaba Vows Historic Investment in Taobao App

The e-commerce division of Alibaba Group Holding Ltd. intends to direct huge investments to the development of its Taobao trading application.

News

Citi Adds Installment Loans and Lines of Credit Options to Retail POS

Citi Retail Services is adding new point-of-sale (POS) lending capabilities to its built-in payment services.

Fintech & Ecommerce

Online Car Platforms Strive to Right-Size Inventory as eCommerce Volumes Plummet

Earnings reports indicate that the profitability of the largest players in the online car sales market is declining amid the actions of retailers to reduce inventory.

Fintech & Ecommerce

Robinhood CEO Says Every Company to Transition Into AI Company

The co-founder and chief executive officer of Robinhood Markets, Vlad Tenev, during the earnings report for the first quarter of 2023 to investors, said that over time, each company will be forced to integrate artificial intelligence-based tools into its business structure.

News

Wendy’s Taps Google Cloud to Trial AI Chatbot Drive-Thru Operator

Wendy’s FreshAI chatbot tool has the potential to transform Wendy’s drive-thru food ordering experience with Google Cloud’s generative AI and large language models (LLMs) technology

News

Amazon Pays Customers for Pickup to Cut Delivery Costs

Amazon offers its customers a reward of $ 10 for the pickup of purchased goods.

E-commerce, short for electronic commerce, refers to the trading of goods and services through digital platforms. It enables businesses and consumers to conduct transactions online, offering convenience, speed, and global accessibility across a wide range of industries, from retail and travel to financial services. Online and mobile commerce rely on digital payment systems to complete purchases. When a customer shops online, a payment gateway or processor securely handles the transaction, authorizing the transfer of funds between accounts. A seamless, secure, and fast payment experience is essential to building trust and reducing cart abandonment in e-commerce, making payment technology a key driver of online commerce growth.