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.
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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.
Alibaba to Roll Out Its Own AI Bot
At the peak of the popularity of ChatGPT, Chinese tech giant Alibaba is preparing to introduce an AI-enabled chatbot assistant speaking both English and Mandarin
Paytm Launches 4G Soundbox Payment Device
Paytm Soundbox audio confirmation solution now comes in 4G to boost the payment acceptance experience for merchants in India
TikTok Ban Threat Scares Off US Merchants
The media reported that TikTok faced problems attracting American sellers to its online shopping service.
Expedia Integrates ChatGPT: How Does AI Help You Book a Trip?
The leading travel booking platform Expedia has added the ChatGPT function to its bot for clients to get AI-enabled recommendations on destinations, hotels, transportation, and leisure activities
Asia Innovations Group Adds AI-Powered Capabilities to eCommerce Platform
Asia Innovations Group (ASIG) has announced the addition of artificial intelligence (AI)-based capabilities to its e-commerce platform.
Tillerman Launches Insights Tool Leveraging POS Data
Designed for retail brands and wholesalers, the new Tillerman Insight tool is equipped with an interactive and visual dashboard that facilitates gaining and analysing insights from the POS data
India Government-Backed Open E-Commerce Network Expands to Mobility
The Open Network for Digital Commerce, an initiative supported by the Government of India, has begun to show interest in a new field of activity.
Adyen Integrates Click To Pay Checkout Which Works Even for Guests
Fintech platform Adyen integrated the Click To Pay experience into its online checkout flow in all available markets, enabling even guest shoppers to bypass manual data entry
FlashCloud Employs Machine Learning to Enable Businesses Tailor Their Sales Pitch
A new machine learning (ML) enabled feature from FlashCloud Intelligence helps business-to-business (B2B) sellers find prospects on social media and identify “buying signals”
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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