Adyen to Offer JCB Card-on-File Tokenization
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 - page 2
How Open Banking Progresses With API-Based Commercial Variable Recurring Payments (CVRPs)
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.
Mastercard and Visa Usher New Era of Agentic AI Commerce
Both payment network providers, Visa and Mastercard, have almost simultaneously unveiled their initiatives to enable the future of AI-driven agentic commerce.
Mastercard Advances Stablecoin Infrastructure
Mastercard introduces new end-to-end capabilities that can make stablecoin payments as seamless as everyday fiat transactions.
Chinese E-Commerce Platforms Reportedly to End Refund-Without-Returns
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.
Shein and Temu to Increase US Prices
Chinese online retailers Shein and Temu have notified US consumers that prices on their respective e-commerce platforms will increase from April 25.
AEON Teams Up with Stellar to Grow Web3 Mobile Payments in Southeast Asia
AEON partners with Stellar blockchain to support payments using $XLM and Stellar-based USDC for e-commerce purposes.
Agentic AI in E-Commerce
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.
Checkout.com Boosts eBay Global Payment Platform
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 Expands In-Store Presence With Clover
Klarna partners with Clover, a point-of-sale system developed by Fiserv, to scale its in-store payment network.
Klarna Partners With Aritzia to Make Everyday Luxury Fashion More Accessible
Klarna brings flexible and interest-free payment options to Aritzia clients online and in select boutiques across the US and Canada.
Amazon Tests Third-Party Product Discovery Feature
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.
Innovative PayPal Ads Solution to Debut in UK
Starting July, UK customers will start seeing personalised PayPal ads and enjoy an enhanced shopping experience with the payment leader’s innovative marketing solution.
Fiserv Brings Clover POS to Australia
Smart POS platform Clover, created by Fiserv, is launching in Australia to power local SMEs.
Splitit Launches Fully Embedded Shopify App
Splitit provides merchants with credit card-linked payment installments fully embedded within the Shopify checkout.
Walmart Partners With JPMorgan to Offer Embedded Payments for US Merchants
Walmart is offering merchants on its platform to enjoy the benefits of embedded finance powered by the reliable banking ecosystem of JPMorgan.
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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