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.

Mastercard Launches CVC-Less Card Payments in India
Mastercard Launches CVC-Less Card Payments in India
August 04, 2023  |  Credit Cards

Mastercard has launched a payment experience in India in which debit and credit cardholders no longer have to enter the three-digit code from the back...

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Amazon’s Ecosystem Gains Traction as Third-Party Sellers Revenue Soars 18.1%
Amazon’s Ecosystem Gains Traction as Third-Party Sellers Revenue Soars 18.1%
August 04, 2023  |  Amazon

Amazon’s movement to create a commerce ecosystem well beyond simply logging sales on its platform showed up in second-quarter earnings results, as sales gleaned from...

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Etsy Isn’t the Go-to Destination It Wants to Be as Consumers Prioritize Essentials
Etsy Isn’t the Go-to Destination It Wants to Be as Consumers Prioritize Essentials
August 04, 2023  |  Retail

In the realm of economics, few phenomena wield as much influence over consumer behavior as inflation. This relentless upward march of prices alters the very...

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TikTok Eyes Indonesian Payments License to Boost eCommerce Business
TikTok Eyes Indonesian Payments License to Boost eCommerce Business
August 04, 2023  |  eCommerce

TikTok is reportedly in early-stage talks with Indonesian regulatory authorities to obtain a payments license. Get the Full Story Complete the form to unlock this article...

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BigCommerce Taps AI to Drive Sales, Improve B2C, B2B Customer Experience
BigCommerce Taps AI to Drive Sales, Improve B2C, B2B Customer Experience
August 03, 2023  |  Earnings

In second quarter financial results announced Thursday (Aug. 3), BigCommerce said it reached profitability on an adjusted pretax basis in June, while delivering positive free cash...

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Apple Tops 1 Billion Paid Subscriptions, Doubling 2020’s Levels
Apple Tops 1 Billion Paid Subscriptions, Doubling 2020’s Levels
August 03, 2023  |  Earnings

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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Wish Reports 42% Decline in Q2 Revenue, Blames Competition
Wish Reports 42% Decline in Q2 Revenue, Blames Competition
August 03, 2023  |  Retail

The eCommerce giant ContextLogic Inc., better known as Wish, reported a 42% drop in total revenue year-over-year in its second-quarter earnings Thursday (Aug. 3), blaming competition...

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Lightspeed Focuses on ‘Unified Payments’ as Revenues Climb 20%
Lightspeed Focuses on ‘Unified Payments’ as Revenues Climb 20%
August 03, 2023  |  Earnings

With revenues on the rise, digital commerce firm Lightspeed is focused on Unified Payments. Get the Full Story Complete the form to unlock this article...

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MercadoLibre Eyes Digitizing Mexico’s Cash Economy Amid Record Growth
MercadoLibre Eyes Digitizing Mexico’s Cash Economy Amid Record Growth
August 03, 2023  |  Earnings

Latin American eCommerce platform MercadoLibre highlighted record growth in the second quarter of 2023, driven primarily by sales growth and cost efficiencies. Get the Full Story Complete...

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