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)

Omnicommerce
Data and Updated Technology Lead Must-Have List for Omnichannel Payments
March 12, 2024

The great digital shift of the pandemic has given way to omnichannel commerce, as consumers clamor to do at least some of their shopping on site. PYMNTS Intelligence and Visa Acceptance Solutions found earlier this year that four in 10 consumers want a digital experience...

eCommerce
Price Is Top of Mind When Consumers Shop on eCommerce Marketplaces
March 11, 2024

When online shoppers decide to make purchases from eCommerce marketplaces rather than directly from brands or retailers, PYMNTS Intelligence research reveals, affordability is their top priority. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Social Commerce
X Aims to Take On YouTube With Smart TV Offering
March 10, 2024

X reportedly plans to debut a television app for smart TVs in a bid to compete with YouTube. 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...

eCommerce
Beyond ‘Doubles Down’ on Off-Price Market With Zulily Acquisition
March 07, 2024

Online retailer Beyond has acquired Zulily, saying the move will boost its position in the off-price market. 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...

eCommerce
Digital Resale Platforms Gain Traction as All Consumers Hunt for Better, Cheaper Stuff
March 06, 2024

As consumers’ budgetary pressures prompt them to seek lower-priced options, many digital resale platforms are seeing growth, but eCommerce has a long way to go when it comes to driving penetration in secondhand retail. Get the Full Story Complete the form to unlock this article...

eCommerce
Online Shoppers Who Skip Auto-Fill Subscriptions Want Control Over Their Time
March 05, 2024

For eCommerce customers who prefer to shop at will versus scheduling auto-fill deliveries, PYMNTS Intelligence reveals, having control over how they use their time each day is a top priority. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

eCommerce
Ocado CEO: ‘It’s Amazing’ How Many eGrocers Botch the Basics
March 01, 2024

As digital merchants compete for consumers’ growing online grocery spending, Ocado Group said one of the biggest challenges to driving penetration across the industry is key players’ ongoing failure to deliver items accurately and on time. Get the Full Story Complete the form to unlock this article...

eCommerce
The RealReal Taps Personalized Messaging to Drive Loyalty
February 29, 2024

Amid ongoing consumer belt-tightening, The RealReal is seeing personalized messaging go a long way toward incentivizing spending. 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...

eCommerce
Lack of Payments Choice Risks Higher Cart Abandonment on Online Brand Sites
February 29, 2024

Cart abandonment, a key element of increasing online conversion, poses a significant challenge for online marketplaces, retailer and brand sites. This issue is increasingly worrisome as budget-conscious shoppers use carts as wish lists while searching for better deals. Online businesses use various strategies to try...