Mastercard to Phase Out Manual Card and Password Entry by 2030
Mastercard envisions the future of e-commerce without manual entries of physical card numbers, passwords or one-time codes needed for secure purchases.
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Alibaba Launches AI Search Tool for Small Businesses
Alibaba, the Chinese e-commerce giant, which is also a major player in the technology sector, on Tuesday, November 12, presented an artificial intelligence-based search engine designed for small businesses in Europe and the Americas to source supplies.
Klarna Collaborates With John Lewis & Partners
Klarna has partnered with John Lewis & Partners to offer its “Pay in 3” BNPL service, allowing customers to spread payments over 60 days with no interest accrued.
Affirm Rolls Out BNPL Services in UK
Flexible payment network Affirm introduced its BNPL services to customers in the UK marking its first European expansion.
AliExpress Welcomes U.S. Retailers to Its Direct Platform
AliExpress invited U.S.-based retailers to join the AliExpressDirect initiative and reach a global audience through the Chinese leading e-commerce platform.
Amazon Introduces New Virtual Holiday Shop
Holiday shopping has just become easier and more fun with a new virtual holiday shop by Amazon.
Halloween Sales to Drop and Become Spread Out in 2024
Halloween consumer shopping patterns are changing, with holiday sales expected to fall by $600 million from the record-high figures of 2023.
Why Are Crypto Payments So Rare in E-Commerce?
Statistics say private cryptocurrencies and stablecoins were used for less than 0.2% of global e-commerce transaction value in 2022. At the same time, global cryptocurrency ownership rates have been steadily increasing for the past few years. Besides, the growing number of merchants are adding crypto to acceptable payment methods. Something just doesn’t add up. What […]
Getnet Launches Single Entry Point for Payments in Latin America
Getnet has launched a regional e-commerce solution that provides a single entry point (SEP) for payment transactions in countries such as Chile, Brazil, Mexico, and Argentina.
Amazon Reportedly to Shut Down Speedy Brick-and-Mortar Delivery Service
The media released information according to which Amazon is shutting down a service that offers same-day delivery from mall and brick-and-mortar retailers.
Ukrainian Monobank Launched BNPL Marketplace
Ukrainian neobank Monobank has introduced a new marketplace service for gadgets and electronics with BNPL payment options available for every item.
Klarna Now Available at Checkout on Apple Pay
Users checking out on Apple Pay online and in apps with iPhone and iPad on iOS 18 and iPadOS 18 or later can now leverage all the benefits of Klarna flexible payment options.
Amazon Uses Legal Action and Other Methods to Combat Fake Reviews
Amazon on Monday, October 14, said that it uses legal action and other methods to combat fake reviews and prevent customers from seeing relevant materials.
Sam’s Club Reportedly Prepares to Open First All-Digital Store
The media reports that Sam’s Club is currently preparing to launch its first store without checkout lanes.
Do Revenues and Sales Depend on a Variety of Payment Methods?
In an effort to boost sales, merchants strive to provide excellent customer experience and utmost payment flexibility. But does the variety of payment methods available on the e-commerce platform account for bigger revenues or scare customers away? We’re here to analyse a possible connection and decide whether the focus on payment variety is worth the […]
Stripe Expands Presence in Toronto to Boost Canadian Business Growth
Stripe announced its expansion in Canada with a focus on the new flagship office in Toronto, aiming to accelerate the growth of Canadian businesses.
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.
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