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.

TikTok Surpasses $10 Billion in Consumer Spending 

TikTok Surpasses $10 Billion in Consumer Spending 
TikTok Surpasses $10 Billion in Consumer Spending 
December 11, 2023  |  Social Commerce

TikTok has generated $10 billion in consumer spending, becoming the first non-game mobile app to do so.  Get the Full Story Complete the form to unlock...

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TikTok Invests $1.5 Billion in Indonesia’s eCommerce Platform Tokopedia
TikTok Invests $1.5 Billion in Indonesia’s eCommerce Platform Tokopedia
December 11, 2023  |  Acquisitions

TikTok is reportedly investing $1.5 billion in Tokopedia to salvage its Indonesian eCommerce efforts. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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Visa: Network Tokenization Shifts eCommerce Away From the Account Number
Visa: Network Tokenization Shifts eCommerce Away From the Account Number
December 11, 2023  |  Digital Payments

Physical commerce, via face-to-face, card-present payments, is largely a smooth experience, Swee-May Ngeow, vice president of North America client strategy and solutions at Visa, told...

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How Saturday Skin Leverages Amazon to Checkout With Gen Z 
How Saturday Skin Leverages Amazon to Checkout With Gen Z 
December 11, 2023  |  Retail

In the age of digital supremacy, Generation Z has positioned itself as the vanguard of a fresh wave of consumer habits. Growing up amid smartphones,...

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Payments Orchestration Helps Platforms Extend Their Global Reach
Payments Orchestration Helps Platforms Extend Their Global Reach
December 11, 2023  |  Payments Innovation

Blake Whitson, vice president, payments and global customer support at Brainly, and Andy McHale, senior director, product and market strategy at Spreedly, told PYMNTS that...

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Amazon Sues ‘International Fraud Organization’ Over Phony Returns
Amazon Sues ‘International Fraud Organization’ Over Phony Returns
December 10, 2023  |  Amazon

Amazon has sued an international group known as REKK for allegedly stealing millions via fraudulent returns. Get the Full Story Complete the form to unlock this...

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Is White Elephant Gift-Giving Still a Holiday Hit? 
Is White Elephant Gift-Giving Still a Holiday Hit? 
December 09, 2023  |  Retail

Even in the face of inflation, consumers are proving that they won’t “checkout” easily when it comes to tradition. Last week, PYMNTS delved into whether...

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Venmo’s Growth Was Steady in the Quarters Leading to Amazon’s Decision to Pull the Plug
Venmo’s Growth Was Steady in the Quarters Leading to Amazon’s Decision to Pull the Plug
December 08, 2023  |  Payment Methods

The news that Amazon will stop taking Venmo payments prompts much speculation as to the why behind it all, roughly 14 months since the 90...

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J.P. Morgan Payments Processes Record Number of Transactions in Europe
J.P. Morgan Payments Processes Record Number of Transactions in Europe
December 08, 2023  |  Payment Methods

J.P. Morgan Payments processed a record number of card-not-present transactions in Europe on both Black Friday (Nov. 24) and Cyber Monday (Nov. 27). Get the...

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