In what was described by eBay as an effort to improve customer experience and offer sellers a more competitive cost structure, eBay announced news on Wednesday (Jan. 31) that it will intermediate payments through a multi-year implementation that may last through mid-2020.
Visa announced news that Visa Checkout, the online payment method introduced in the United Kingdom in the middle of 2017, hit a milestone by securing 1 million customer accounts.
User reviews can make or break products that appear on eCommerce retail websites like Amazon. A product that has only one review is 65 percent more likely to be purchased than another product that doesn’t have any reviews.
Volusion, the eCommerce platform catering to small businesses (SMBs), announced news on Tuesday (Jan. 30) that it’s partnering with Apple Pay to create a “Buy Now” button for its merchants.
Google is reportedly ending its relationship with eCommerce platforms BigCommerce, Magento and PrestaShop, with plans to wind down support by March 20.
In an effort to better compete with Amazon in Asia and the U.S., Walmart has entered a partnership with the largest eCommerce retailer in Japan, Rakuten.
The Checkout Conversion Index provides a look at what hurts conversion rates and creates friction in the shopping process — just how much money retailers are leaving on the table due to problems with friction and conversion, and why customers are abandoning their online purchases.