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.

Joor CEO: Luxury Shoppers Won’t Buy a $20,000 Coat Online
Joor CEO: Luxury Shoppers Won’t Buy a $20,000 Coat Online
July 16, 2024  |  Retail

As the luxury retail sector looks to strike a balance between digital accessibility and the more immersive, high-touch in-store experience, these upscale brands must create...

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Trustly Lays Out Vision for Open Banking at Retail
Trustly Lays Out Vision for Open Banking at Retail
July 16, 2024  |  Payments Innovation

Open banking at retail — at the point of checkout — has the advantage of lowering the costs below traditional credit and debit options. Get...

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Fashion Brands Drop Virtual Goods to Drive Omnichannel Engagement
Fashion Brands Drop Virtual Goods to Drive Omnichannel Engagement
July 15, 2024  |  Retail

From the metaverse to video game worlds, fashion companies are releasing digital clothing and accessories to create new sales opportunities and get consumers to engage...

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Gen Z Consumers 117% Likelier to Shop From Influencers
Gen Z Consumers 117% Likelier to Shop From Influencers
July 15, 2024  |  Social Commerce

As social commerce comes to occupy a growing role in retail overall, Generation Z consumers are the most likely to seek shopping inspiration from influencers....

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Skipify’s Shrauger on Moving Past Wallets to Digital Identity as Payment Credentials
Skipify’s Shrauger on Moving Past Wallets to Digital Identity as Payment Credentials
July 15, 2024  |  Payments Innovation

Consumers want what they want, how they want it. Consequently, when it comes to payments and commerce, businesses that can adapt to their needs and...

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Target Bolsters in-Store Experiences Through Strategic Collaborations
Target Bolsters in-Store Experiences Through Strategic Collaborations
July 12, 2024  |  Retail

Target is facing increased competition from online retailers with faster delivery and a wider selection of products. Customers are also shopping less frequently in physical...

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Rufus, Amazon’s AI Shopping Companion, Rolls Out Nationwide
Rufus, Amazon’s AI Shopping Companion, Rolls Out Nationwide
July 12, 2024  |  Artificial Intelligence

Amazon’s generative artificial intelligence-powered conversational shopping assistant, Rufus, is now available to all U.S. customers in the Amazon Shopping app. Get the Full Story Complete...

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Flipkart Adds New Bill Pay, Recharge Options to eCommerce Platform
Flipkart Adds New Bill Pay, Recharge Options to eCommerce Platform
July 11, 2024  |  Digital Payments

Walmart-owned Indian eCommerce marketplace Flipkart added new ways for customers to pay bills and recharge payments while shopping on the platform. Get the Full Story...

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Shoppers Subscribe to Retailers’ Membership Programs for Beauty Deals
Shoppers Subscribe to Retailers’ Membership Programs for Beauty Deals
July 11, 2024  |  Retail

As retailers look to win subscribers over to their paid membership programs to bring in revenue and drive loyalty, PYMNTS Intelligence indicates that, if Walmart+...

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