ecommerce

eCommerce (also known as electronic commerce) is a process of buying and selling of products or services, making money transfers, and transferring data over an electronic medium (Internet). This network allows people to do business with no barrier of distance and time.
Lack of BNPL Threatens Bridge Millennials’ Brand Loyalty
Lack of BNPL Threatens Bridge Millennials’ Brand Loyalty
April 05, 2024  |  Buy Now Pay Later

With consumers forced to make budgeting decisions amid ongoing economic challenges, older millennials and younger Generation X consumers are seeing buy now, pay later (BNPL)...

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Funds Pour in for D2C Wine as Millennials Seek Boozy Subscriptions
Funds Pour in for D2C Wine as Millennials Seek Boozy Subscriptions
April 05, 2024  |  Subscriptions

With younger generations getting more of their day-to-day needs met via direct-to-consumer (D2C) subscriptions, investors are backing eCommerce wine platforms by the millions. Most recently,...

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Vroom Completes Wind-Down of eCommerce, Used Vehicle Dealership Businesses
Vroom Completes Wind-Down of eCommerce, Used Vehicle Dealership Businesses
April 05, 2024  |  eCommerce

Vroom completed the previously announced wind-down of its eCommerce and used vehicle dealership businesses. The company ended transactions through vroom.com, completed previously contracted transactions, sold “substantially all”...

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Nearly 41% of UK Consumers Are Considered ‘Digital Enthusiasts’ 
Nearly 41% of UK Consumers Are Considered ‘Digital Enthusiasts’ 
April 05, 2024  |  Consumer Insights

In compiling the “U.K. Edition of the 2024 Global Digital Shopping Index,” PYMNTS Intelligence found that when compared to consumers in other regions, U.K. consumers...

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Grocers Scale Back Direct Fulfillment in Shift to Third-Party Delivery
Grocers Scale Back Direct Fulfillment in Shift to Third-Party Delivery
April 04, 2024  |  eCommerce

As grocers look for ways to make the economics of eCommerce work in their favor, some key players are finding that in-house delivery fulfillment may...

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Amazon Merchants Battle Wave of Bogus Returns
Amazon Merchants Battle Wave of Bogus Returns
April 04, 2024  |  Amazon

The battle against the $101 billion returns fraud problem has reportedly taken a new turn. It involves sellers on Amazon sending off their wares, only to get “returns” that...

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Online Merchants Say Outsourcing Fraud Prevention Impacts Payments Success
Online Merchants Say Outsourcing Fraud Prevention Impacts Payments Success
April 04, 2024  |  Fraud Prevention

For online merchants, winning the high-stakes battle against fraud and cybersecurity breaches is critical to survival. PYMNTS Intelligence finds that 82% of U.S. eCommerce players...

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Levi’s D2C Captures 48% of Revenue Amid Improvements to eCommerce Experience 
Levi’s D2C Captures 48% of Revenue Amid Improvements to eCommerce Experience 
April 03, 2024  |  Retail

Levi’s is seeing its direct-to-consumer (D2C) business gain share, with transformations to shoppers’ digital journeys yielding strong eCommerce growth. The apparel company announced Wednesday (April...

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Many Retailers Fall Short of Consumers’ Loyalty Program Expectations
Many Retailers Fall Short of Consumers’ Loyalty Program Expectations
April 03, 2024  |  Consumer Insights

As retailers look to meet consumers’ growing digital expectations, loyalty programs may remain a sticking point, PYMNTS Intelligence research suggests. By the Numbers The PYMNTS...

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