Starbucks Ends NFT Program
Starbucks’ “Odyssey Beta program” which allowed users to engage in coffee-themed games and challenges in return for digital collectable NFT stamps will wind up on March 31.
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Klarna Sees Tremendous Improvements Brought By AI Bot
Klarna has had its new AI bot conducting 2.3 million conversations, two-thirds of Klarna’s total customer service chats, within the last month.
Amazon to Launch Fast Fashion Store in India
Amazon Bazaar platform will offer a selection of affordable unbranded clothing and accessories to value shoppers in India.
Coinbase Commerce Drops Native Bitcoin Support
From now on, to use Bitcoin for payments, shoppers will need a Coinbase account, as the Coinbase Commerce platform no longer supports Bitcoin payments from self-custody wallets or third-party exchanges.
DoorDash Increases Its Retail Presence
DoorDash is gradually undergoing a process of functional transformation from a digital restaurant food delivery platform into something more than a super app, expanding its retail offerings.
Taco Bell Sees Record Digital Sales
Taco Bell’s parent company Yum Brands continues to direct investment funds into digital technologies.
PayTabs Partners With Nearpay for SoftPOS Improvement
PayTabs and Nearpay aim to offer customers across Jordan and other regional markets an enhanced SoftPOS payment experience.
Amazon Beta Launches AI Shopping Assistant
Amazon has announced the launch of a beta version of a new virtual shopping assistant based on generative artificial intelligence.
TikTok and GoTo Announce Partnership in Indonesia
TikTok and GoTo announced the establishment of a strategic partnership in Indonesia.
Walmart Expands Virtual Try-On Tech
Walmart has decided to expand the use of augmented and virtual reality technologies, spreading this offer on eyewear.
FreedomPay Expands to Spain After Redsys Certification
FreedomPay has reached an important milestone of getting integrated certification from Redsys, a Spanish payments processing provider, which enables the company to offer its commerce platform to Spanish merchants.
Razorpay POS Offers Instant Refunds for Failed UPI Transactions
Razorpay POS has unveiled instant UPI transaction refunds that reduce refund processing time from conventional 5-6 business days to about 2 minutes.
Nuvei Partners With Adobe to Enhance eCommerce Payments
Canadian fintech company Nuvei has announced the launch of a new global partnership with Adobe to improve the payment transaction process in the sphere of e-commerce.
Challenges to Fintech Development in Nigeria
Mass adoption of digital services in Nigeria is consistent with the growth of the local fintech industry. However, the immense potential of this segment cannot be fully revealed without overcoming a number of the regulatory and financial challenges.
Opportunities in Mobile Banking and Consumer Segments of Nigeria
Nigeria is one of the most underestimated destinations for global investors. With its young tech-savvy population and a new wave of reforms, Nigeria presents plenty of opportunities in mobile banking, data usage and consumer goods segments.
Walmart Aims to Use Latest Retail Technologies
Walmart on Tuesday, January 9, published a press release describing its latest retail technologies presented at CES.
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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