Mozilla Buys Startup Fakespot
Mozilla on Tuesday, May 2, announced the acquisition of the startup Fakespot.
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HumanForest Raises $15 Million to Grow UK eBike Business
The British micro-mobility company HumanForest announced that it managed to attract investment funds in the amount of $ 15 million for the development of e-bike technology.
Amazon Posts $3.2 Billion Profit
Amazon starts the year with a quarterly profit.
Armenian Ardshinbank Enables Merchants to Accept Payments on Android Devices
DigiPOS solution from Ardshinbank supports payments via contactless credit and debit cards as well as mobile wallets such as Apple Pay and Google Pay
Klarna Uses AI to Personalize Shopping Feed
Klarna revamps its app with Tik-Tok-like AI-driven feed, a free shopping assistant and new solutions for stores and content creators
Super.com Raises $85 Million for Savings-Focused Super App and Card
Super.com announced the attraction of investment funds for $ 85 million following the results of the Series C financing round.
Bed Bath & Beyond Bankruptcy Blames on Private Label Strategy
Bed Bath & Beyond (BBBY) has announced its bankruptcy.
Apple’s Tap To Pay Goes Live in Taiwan
Taiwan has become the second country after the USA where merchants are able to accept in-store contactless payments on their iPhones using Apple’s Tap to Pay solution
Uber Expands Robotic Delivery to Lower Cost
Uber last Thursday, April 20, announced the expansion of partnerships with the Cartken robotics company, which provides services for the delivery of goods.
Toshiba Debuts Mission Control for Retail Intelligence
Toshiba Global Commerce Solutions announced the opening of a new center for retailers-suppliers with improved intellectual capabilities.
Mercari Brings ChatGPT Shopping Assistant to Secondhand Market
With the new Merchat AI by Mercari, customers can engage in real-time conversations with the virtual ChatGPT-powered shopping assistant and receive product recommendations
Worldline and SignCatch Launch Merchant Digitization Program in India
The media reported that Worldline and SignCatch have established a partnership relationship.
UK FinTechs Seek Government Support After SVB Collapse
In the UK, local startups that operate in the field of fintech express concern that the country is losing its position in the global financial system.
Amazon Joins Generative AI Race
Amazon Web Services has become another company to explore generative artificial intelligence. The new Bedrock AI service is now available in a limited preview
Hugo Boss Adds NFC Tags to Headwear for Digital Twins Creation
Hugo Boss added equipped a selection of baseball caps with an NFC tag that enables purchasers to create NFT digital twins and dress their metaverse avatars
Walmart Closes 4 Chicago Stores After Years of Losses
Walmart has decided to close half of its stores in Chicago.
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.
