E-commerce - page 22

Infor Nexus and DBS Bank to Offer New Pre-Shipment Financing Solution for Businesses in India
Fintech & Ecommerce

Infor Nexus and DBS Bank to Offer New Pre-Shipment Financing Solution for Businesses in India

Infor Nexus Supply Chain Network and DBS Bank reported on collaboration to create a pre-shipment financing solution for small and medium-sized businesses in India.

Mastercard Partners With Riskified to Combat eCommerce Fraud
Fintech & Ecommerce

Mastercard Partners With Riskified to Combat eCommerce Fraud

Riskified and the multinational financial corporation Mastercard announced the beginning of cooperation, the purpose of which is to create for companies, operating in the field of e-commerce, the opportunity to increase the level of profitability received from digital business, and at the same time reduce the risk of fraudulent exposure.

Monos CEO Says About Impact of Inflation on Costs of D2C Buyers
Fintech & Ecommerce

Monos CEO Says About Impact of Inflation on Costs of D2C Buyers

Victor Tam, CEO of Monos, a company that creates premium travel products, said that during the difficult macroeconomic situation, which so far shows no signs of improvement in the foreseeable future, many consumers refuse to make large purchases in the e-commerce space, preferring shopping during holiday sales.

Amazon Launches New AI-Powered Feature
Fintech & Ecommerce

Amazon Launches New AI-Powered Feature

Amazon on Monday, August 14, announced the launch of a new feature based on artificial intelligence, which highlights the most important and significant parts of customer reviews of products purchased on the e-commerce giant’s platform.

Cartwheel Integrates With Toast Partner Ecosystem
News

Cartwheel Integrates With Toast Partner Ecosystem

Cartwheel, the on-demand delivery management platform, announced integration with the Toast partner ecosystem.

LuLu Group Raises $2.72 Billion
News

LuLu Group Raises $2.72 Billion

LuLu Group International, which is based in Abu Dhabi and owns one of the largest hypermarket chains in the Middle East, is raising 10 billion dirhams (about $2.72 billion) to refinance debt ahead of the expected initial public offering (IPO).

Serve Robotics Raises $30 Million
News

Serve Robotics Raises $30 Million

The company Serve Robotics announced the completion of a public deal and the raising of $30 million in financing.

Amazon’s Robot Workers to Manage Warehouse in Australia
News

Amazon’s Robot Workers to Manage Warehouse in Australia

The Australian branch of Amazon plans to move to the largest warehouse in this country.

John Lewis Launches Google Cloud Partnership
News

John Lewis Launches Google Cloud Partnership

The British company John Lewis announced the beginning of cooperation with Google Cloud.

Amazon to Debut Prime Big Deal Days Event in Fall
Fintech & Ecommerce

Amazon to Debut Prime Big Deal Days Event in Fall

After the impressive results of Prime Day, Amazon decided to continue the sales events.

Auction House Phillips to Roll Out eCommerce Platform
Fintech & Ecommerce

Auction House Phillips to Roll Out eCommerce Platform

The media reported that the Phillips auction house, which is known for selling paintings by aspiring artists, begins the history of its presence in the area of e-commerce.

TikTok Reportedly Plans to Get Indonesian Payments License
Fintech & Ecommerce

TikTok Reportedly Plans to Get Indonesian Payments License

The media reports that TikTok is currently negotiating with regulators in Indonesia in order to obtain a payment license in this country.

Amazon Reports Increase in Online Sales in Second Quarter of 2023
News

Amazon Reports Increase in Online Sales in Second Quarter of 2023

Amazon’s results for the second quarter of this year testified that the company’s desire to become a large-scale commercial ecosystem, the concept of which provides for going beyond the format of sales reporting on its platform, is being implemented and has a certain level of efficiency.

DoorDash’s Grocery Business Grows to Record-High 532 Million Orders
News

DoorDash’s Grocery Business Grows to Record-High 532 Million Orders

DoorDash fixed record volumes of orders against the background of the rapid expansion of its grocery business, which has resulted in the growth of sales figures.

Amazon to Double Same-Day Delivery Facilities
Fintech & Ecommerce

Amazon to Double Same-Day Delivery Facilities

Amazon on Monday, July 31, announced its intention to double the number of same-day delivery points in the United States.

DoorDash Reportedly Tests AI Chatbot
News

DoorDash Reportedly Tests AI Chatbot

The media reports that DoorDash is currently testing a chatbot based on artificial intelligence.

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.