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.
Online Shoppers Who Skip Auto-Fill Subscriptions Want Control Over Their Time
Online Shoppers Who Skip Auto-Fill Subscriptions Want Control Over Their Time
March 05, 2024  |  eCommerce

For eCommerce customers who prefer to shop at will versus scheduling auto-fill deliveries, PYMNTS Intelligence reveals, having control over how they use their time each...

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Amazon Deploys Technology, Education to Combat Impersonation Fraud
Amazon Deploys Technology, Education to Combat Impersonation Fraud
March 05, 2024  |  Security & Fraud

Amazon is using several tactics to combat impersonation fraud. The company’s multifaceted approach includes deploying advanced technologies for better account protection, launching educational initiatives to help...

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Stitch Fix Looks to 360° Shopper Insights to Recharge Growth
Stitch Fix Looks to 360° Shopper Insights to Recharge Growth
March 05, 2024  |  Earnings

As Stitch Fix takes a hit amid its ongoing transformation, the online personal styling service is using its comprehensive insights about its customers to drive loyalty going...

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Macy’s and Zara’s Moves Show Value of Click-and-Mortar™ Shoppers 
Macy’s and Zara’s Moves Show Value of Click-and-Mortar™ Shoppers 
March 05, 2024  |  Retail

Two reports from opposite sides of the globe confirmed that in-store and online shopping are intertwined at their best, and retailers need to offer seamless...

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ThredUp Uses AI to Take the Guesswork Out of Secondhand Shopping
ThredUp Uses AI to Take the Guesswork Out of Secondhand Shopping
March 05, 2024  |  Earnings

While thrifting has typically demanded consumers be open to some degree of randomness and discovery, ThredUp is using artificial intelligence search capabilities to improve the relevance and...

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Retail Payments Acceptance Presents Innovation Roadblocks
Retail Payments Acceptance Presents Innovation Roadblocks
March 05, 2024  |  Payments Innovation

Among the many payment acceptance tools now available, embedded solutions provided by a variety of payment facilitators (PayFacs) have become increasingly popular among marketplaces and...

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Flipkart to Enable Transactions With India’s UPI Instant Payments System
Flipkart to Enable Transactions With India’s UPI Instant Payments System
March 04, 2024  |  Real-Time Payments

Indian eCommerce marketplace Flipkart has launched a Unified Payments Interface (UPI) handle to enhance its digital payment offerings by adding India’s popular instant payments system. The new Flipkart UPI...

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Razor Group Acquires Perch, Consolidating Two Online Brand Aggregators
Razor Group Acquires Perch, Consolidating Two Online Brand Aggregators
March 04, 2024  |  Acquisitions

Razor Group has acquired Perch in a deal that consolidates two online brand aggregators. Following this acquisition, Razor Group now operates a catalog of 40,000 products...

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Gen Z and Millennials Want AI-Enabled Shopping Experiences
Gen Z and Millennials Want AI-Enabled Shopping Experiences
March 04, 2024  |  Artificial Intelligence

Many consumers may still be hesitant about the future of artificial intelligence (AI) in commerce, but PYMNTS Intelligence research has found that young consumers are...

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