Klarna Grows Its Presence in Physical Stores With Adyen Partnership
Klarna’s flexible payment methods will be available on Adyen’s physical payment terminals across Europe, North America and Australia.
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Visa and Mastercard Allegedly Spend Millions to Block Competition
Critics from the government watchdog argue that the Visa-Mastercard duopoly burdens businesses and customers with high fees.
Amazon Expands Customer Returns Management Options for Sellers
Amazon provides sellers who use Fulfillment by Amazon (FBA) with new flexible options for seamlessly managing product returns.
Amazon Launches AI Assistant for Third-Party Sellers
Amazon has announced the launch of an artificial intelligence tool that is designed to help third-party sellers quickly fix problems related to their accounts and obtain inventory and sales data.
India Accuses Amazon and Flipkart in Violation of Competition Laws
The Competition Commission of India (CCI) has conducted antitrust investigations, concluding that Amazon and Walmart’s Flipkart repeatedly violated local antitrust laws, while Samsung and Xiaomi colluded with them.
Shoplazza Partners Stripe for Payment Solution
Shoplazza Payments powered by Stripe provides real-time insights into e-commerce operations and improves the acquisition and settlement of online orders for businesses.
Amazon Launches New Line of Budget-Friendly Food Items
Amazon, following the experience of Aldi and Target, is launching a new line of inexpensive food items to gain customers who, as part of the practice of purchasing goods and services, consider the cost factor as a priority parameter and abandon products of well-known brands, following the goals of the economy and a consumption strategy […]
Does Payment Card Co-Branding Influence Retail Decisions?
Did you know that every third American citizen owns a co-branded credit card from their favourite retailer, warehouse club or airline? Brands eagerly enter partnerships with payment providers to issue their own credit solutions. Today, we wonder if this practice still makes sense amid the abundance of multi-purpose payment products. Do co-branded cards fulfil their […]
Amazon Expands Just Walk Out Technology to More Stadiums and Universities
More NFL fans and university students in Seattle, Washington and Baltimore will be able to skip the checkout lines with the help of AI-enabled Just Walk Out technology from Amazon.
Mastercard to Pilot Payment Passkey Service in India
India was chosen as the first country to experience the benefits of the new Mastercard Payment Passkey Service to facilitate payment authorisation and make online shopping more secure.
Stripe Boosts Asian Commerce With AI Payment Capabilities
Stripe’s Optimized Checkout Suite and Radar Assistant powered by AI complement Stripe’s new Adaptive Pricing feature in an offering for Asian businesses involved in cross-border commerce.
Amazon and Santander Launch Amazon Visa Credit Card in Germany
Amazon Visa enables customers in Germany to earn rewards while shopping online and offline and redeem collected points at the Amazon.de website.
Jifiti Launches ‘Tap Now, Pay Later’ to Embed Loan Products Into Digital Wallets
Tap Now, Pay Later technology enables consumers and businesses to add their approved loan or credit funds to any digital wallet via a virtual card.
Amazon Prime Day Sales Rise
Amazon.com Inc.’s Prime Day sales for the first six hours of the relevant event showed an increase of approximately 13% compared to the figures recorded last year.
Ecommpay to Enable Recurring PayPal Payments
Ecommpay merchants will now be able to collect recurring PayPal payments from customers in addition to leveraging subscription card payments and direct debit options which were added earlier.
Synerise Raises $8.5M to Expand Behavioral AI Modeling
Solid Series B+ investment for Synerise deep-tech AI-driven company came from the commerce platform VTEX and business angels.
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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