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
Flipkart Introduces Service to Help Resellers Reach Customers
September 25, 2024

Indian eCommerce giant Flipkart is getting into the reCommerce business. The company on Wednesday (Sept. 25) introduced “Flipkart Reset for Business,” a mobile app designed to help small and big sellers of refurbished products across the country to connect with last-mile customers. “The demand for refurbished products is surging,...

Social Commerce
TikTok Pulling Plug on Streaming Music Service
September 24, 2024

TikTok says its streaming music service won’t be around for much longer. “We are sorry to inform you that TikTok Music will be closing on 28 November 2024,” the video sharing media platform said in a post on its website. “We would like to thank...

eCommerce
How GlassCraft’s DoorCrafter Simplifies the B2B Customer Experience
September 23, 2024

When GlassCraft Door Company set out to transition its product line of doors to an online platform, the challenge was immense. Traditional eCommerce solutions simply couldn’t accommodate the vast array of options available. In an interview with PYMNTS, Donald Polansky, senior manager of corporate systems...

eCommerce
Embedded Finance Is the Force Multiplier for PayFacs and Software Platforms
September 19, 2024

Payment facilitators (PayFacs) are transforming how and where we conduct commerce. Entities such as independent software vendors (ISVs) and online marketplaces offer services and products, but they need additional help to be able to receive payments. PayFacs can provide that help. New embedded finance solutions...

eCommerce
The Linz Shop Aims to Stand Out From D2C Herd With Its Heritage, Storytelling
September 17, 2024

Company officials at The Linz Shop hope to redefine premium beef delivery by leveraging their history and storytelling. As a fourth-generation family-owned business, the company is transforming its story into a direct-to-consumer powerhouse. By integrating its historical roots with modern eCommerce strategies, The Linz Shop...

Social Commerce
LTK Offers Creators a ‘Co-Pilot’ to Reduce Workloads
September 16, 2024

Creator commerce platform LTK has introduced a suite of business management tools. LTK Co-Pilot, announced Monday (Sept. 16), is designed to allow creators to spend less time on content creation and community management. “The job of a creator is never-ending and incredibly time-consuming — they are often covering what...

eCommerce
Headless Commerce Will Power the Heart of Future Online Experiences 
September 16, 2024

The digital commerce landscape is far from static. Within it, a new paradigm known as “headless commerce” is gaining significant traction. But what, exactly, is headless commerce? As Andrew Gordon, eCommerce payments strategist at Discover® Global Network, explained to PYMNTS, headless commerce empowers merchants to...

eCommerce
White House Proposes New Trade Rules to Counter Chinese eCommerce Companies
September 13, 2024

The Biden administration said Friday (Sept. 13) that it plans to change trade rules that it said have been abused by China-founded eCommerce platforms. The administration’s proposed rules changes target the de minimis exception that allows imported products to enter the United States without duties...

Etsy Offers Subscribers Free Shipping While Aiming for ‘Tremendous’ Growth
September 10, 2024

Etsy is reportedly aiming for “tremendous” growth opportunities by deploying free shipping and other new initiatives. CEO Josh Silverman and Chief Financial Officer Rachel Glaser said at a conference that Etsy seeks to distinguish itself from rivals like Amazon, Seeking Alpha reported Tuesday (Sept. 10). One of the company’s recently launched...