Commerce

Commerce relates to "the exchange of goods and services, especially on a large scale". It includes legal, economic, political, social, cultural and technological systems that operate in a country or in international trade.

(source: en.wikipedia.org)

eCommerce
Alibaba Merges Global and Domestic eCommerce Businesses
November 21, 2024

Chinese conglomerate Alibaba is combining its domestic and international eCommerce businesses into one unit. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By...

Shopping
Holiday Spending Surge: 60M US Shoppers Swayed by Upfront Pay Later Options
November 21, 2024

Merchants have a critical opportunity to capture consumer spending by strategically positioning pay later options. But do merchants miss out due to delaying visibility? Yes. In fact, consumers say early awareness of pay later options influences their purchasing decisions. Can merchants really afford to lose...

eCommerce
eCommerce Growth Outpaces General Retail Sales, Hits 15.6%
November 19, 2024

Digital continued to take a larger slice of retail spending in the third quarter of 2024. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily...

Social Commerce
TikTok Allows Some Creators to Add Product Links to Posts
November 19, 2024

TikTok is reportedly conducting a test that allows some creators to add product links from third-party affiliate networks to their posts. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

eCommerce
Shopify Boosts AI and Unified Commerce Tools for Merchants
November 12, 2024

A major focus for Shopify has been ensuring its merchants are equipped to reach consumers wherever they are, Shopify President Harley Finkelstein noted Tuesday (Nov. 12) during the company’s third-quarter earnings call. By streamlining the shopping experience, Shopify officials want to connect its platform to key...

eCommerce
The Rise of Social Commerce: How Brands Are Shaping the Future of Online Shopping
November 08, 2024

The integration of social media and eCommerce has led to the rise of social commerce, a model that allows consumers to make direct purchases within social platforms. What started as basic product links has expanded into a multi-billion-dollar industry, with brands and consumers embracing the...

eCommerce
Report: BNPL and Loyalty Features Top List of Embedded Finance Priorities at Retail
November 08, 2024

  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications from PYMNTS...

eCommerce
Coupang’s Loyalty Program Drives Engagement as Company Expands Services
November 06, 2024

For Coupang founder and CEO Bom Kim, a key customer engagement tool for the multinational eCommerce company is its WOW subscription membership program, which had 14 million members at the end of 2023. Get the Full Story Complete the form to unlock this article and enjoy...

eCommerce
Mastercard: Tokenized Payments Turn Make-or-Break Checkout Moments Into Sales
November 05, 2024

Seamless checkout is a winning mantra for retailers looking to capture sales and delight their customer bases. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our...