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.
Deliveroo Looks Past Food Following First-Ever Profit
Deliveroo Looks Past Food Following First-Ever Profit
March 14, 2024  |  Earnings

Deliveroo has logged its first-ever profit as it continues pushing past its restaurant roots. The British company on Thursday (March 14) announced earnings of 85 million pounds ($109...

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Preventive Measures Pay Off as Merchants Fight Surging Chargebacks
Preventive Measures Pay Off as Merchants Fight Surging Chargebacks
March 14, 2024  |  Credit Cards

Chargebacks have long been a thorny issue for merchants. And as transactions become increasingly digitized, chargebacks have in turn become more prevalent. They not only...

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D2C Brands Lag Behind Other eCommerce Merchants in Customer Satisfaction
D2C Brands Lag Behind Other eCommerce Merchants in Customer Satisfaction
March 13, 2024  |  eCommerce

When it comes to providing a satisfying experience that keeps customers coming back, direct-to-consumer (D2C) brands are falling behind, PYMNTS Intelligence research suggests. By the...

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Half of Consumers Consider Ease of Checkout When Shopping Online
Half of Consumers Consider Ease of Checkout When Shopping Online
March 13, 2024  |  Retail

As retailers, brands and marketplaces alike increasingly invest in easy, intuitive user experiences on their eCommerce channels, consumers are coming back to digital more and...

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Skipify and Synchrony Team on Frictionless Checkouts
Skipify and Synchrony Team on Frictionless Checkouts
March 13, 2024  |  Faster Payments

Checkout-centric FinTech Skipify has launched a partnership with consumer finance company Synchrony. The collaboration, announced Wednesday (March 13), “leverages Skipify’s payment infrastructure to provide simplified and enhanced checkout for...

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Amazon Introduces GenAI to Create Product Listings From Sellers’ Websites
Amazon Introduces GenAI to Create Product Listings From Sellers’ Websites
March 13, 2024  |  Amazon

Amazon is rolling out a new generative artificial intelligence (GenAI) feature that helps sellers create listings for Amazon’s store. This new feature allows sellers who have...

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Eli Lilly Picks Amazon Pharmacy to Dispense Diabetes and Obesity Meds
Eli Lilly Picks Amazon Pharmacy to Dispense Diabetes and Obesity Meds
March 13, 2024  |  Healthcare

Drugmaker Eli Lilly has teamed with Amazon to deliver medications to patients’ homes. The partnership, announced Wednesday (March 13), will see Amazon Pharmacy serve as a third-party dispensing partner for LillyDirect,...

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Grocery’s Omnichannel Present and Future Highlighted in Latest Big Box Retail Data
Grocery’s Omnichannel Present and Future Highlighted in Latest Big Box Retail Data
March 13, 2024  |  Retail

Amazon and Walmart — and the pitched battle between the two for all manner of retail spend — gets a fair share of digital ink...

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Allbirds Closing Stores as Retailers Feel the Burn of Shopper Cutbacks
Allbirds Closing Stores as Retailers Feel the Burn of Shopper Cutbacks
March 12, 2024  |  Retail

Not long after touting its brick-and-mortar expansion, footwear brand Allbirds is becoming the latest merchant to shutter stores — a move that comes as consumers’...

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