(source: en.wikipedia.org)
In the rush to expand internationally, merchants may be overlooking a simple but potent tool: the one-click checkout. While digital wallets and real-time payments grab headlines, the frictionless final step of the transaction may hold the greatest potential for conversion and a boost in revenues...
Earlier this year, PYMNTS Intelligence detailed that in-store shopping was far from dead. But when it comes to buying online, we found that consumers spent more when getting items through digital channels, and key areas of discretionary spending were gravitating to online merchants. The data...
GoodWares has debuted what it calls the first blockchain-powered enterprise resource planning (ERP) system for eCommerce. The new platform, announced Monday (Aug. 18), is designed to give independent retailers some of the same resources enjoyed by Fortune 500 companies, with the help of blockchain and...
EBay unveiled more seller tools and an open banking-powered financing solution for sellers. The new tools for U.S. sellers include an artificial intelligence assistant for messaging that uses information in the seller’s listing description and order details to draft suggested replies to buyers’ questions about...
This week, 31 years ago, a man in Philadelphia bought a Sting CD with his credit card over the internet. He inadvertently created eCommerce. That transaction, conducted on Aug. 11, 1994, via NetMarket, took place during a point in history when dial-up modems squealed, and...
Shopify aggregator OpenStore is reportedly in the midst of a reorganization in which it is shutting down more than 40 Shopify stores, liquidating remaining inventory, and focusing solely on its menswear brand Jack Archer. These changes follow a four-year period in which OpenStore acquired more...
Shopify has launched three tools to make it easier for developers to embed the eCommerce functionality to whatever they are building, such as an app or chatbot. The new offerings are Shopify catalog, universal cart and checkout kit. These tools will let developers tap artificial...
Carvana said Wednesday (July 30) that it achieved record retail unit sales and revenue in the second quarter as it continued to refine its online automotive retail business. The company’s retail unit sales rose 41% year over year to reach 143,280, while its revenue rose...
Temu’s attempts to weather U.S. tariffs are reportedly being hindered by Amazon. The Chinese eCommerce platform — owned by PDD — has been told by American companies that it cannot provide lower prices than Amazon on branded items, the Financial Times (FT) reported Sunday (July...