Instacart has launched a partnership with wholesale grocery distributor group Merchants Distributors (MDI). This collaboration, announced Thursday (Aug. 28), is designed to offer Instacart’s eCommerce solutions to MDI’s network of independent grocers. Those grocers, the companies said in a news release, will be able to join the Instacart App to...
Watch more: Agentic AI Needs Strong Verification to Unlock Safe, Scalable Commerce For merchants, the coming wave of agentic artificial intelligence (AI) represents both a revenue opportunity and a rising fraud risk. Artificial intelligence (AI)-powered shopping assistants—algorithms executing purchases on behalf of consumers—are already starting...
Wix says its merchants can now promote and sell products directly on Pinterest. “This integration opens new social commerce opportunities and enhances monetization potential for online stores built on Wix,” the Software-as-a-Service (SaaS) company said in a Tuesday (Aug. 26) email to PYMNTS announcing the...
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...