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.
Citi Launches Browser Extension That Finds Coupons, Promo Codes
Citi Launches Browser Extension That Finds Coupons, Promo Codes
January 23, 2024  |  Retail

Citi launched a new browser extension designed to help consumers save money while shopping online. The free tool, Citi Shop, is available to eligible U.S....

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Retail Solutions That Led to Decreased Returns in 2023 
Retail Solutions That Led to Decreased Returns in 2023 
January 23, 2024  |  Retail

As brands and retailers continue to find new ways to prevent returns, one begs to ask: Are they working?  As per an National Retail Federation...

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How PayFacs Use Payments to Reshape the Digital Economy
How PayFacs Use Payments to Reshape the Digital Economy
January 23, 2024  |  Digital Payments

Payment facilitators, or PayFacs, quietly lead a revolution at the heart of the digital economy. At the center of this shakeup lies embedded finance, encompassing...

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Vroom Exiting Car Sales, Focusing on Finance and AI Services
Vroom Exiting Car Sales, Focusing on Finance and AI Services
January 22, 2024  |  eCommerce

Vroom is winding down its eCommerce operations and discontinuing its used vehicle dealership business.  The company aims to preserve liquidity and maximize stakeholder value through its...

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Three-Quarters of Grocers’ App Users Are Highly Satisfied
Three-Quarters of Grocers’ App Users Are Highly Satisfied
January 22, 2024  |  eCommerce

When it comes to executing on in-house eCommerce channels, PYMNTS Intelligence reveals, grocers are pulling it off, despite ongoing skepticism in the industry. By the...

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Failed Payments in Cross-Border Sales Is an Unresolved Problem
Failed Payments in Cross-Border Sales Is an Unresolved Problem
January 22, 2024  |  eCommerce

Online commerce carries a number of risks related to digital fraud and payment failure that can result in lost sales and an erosion of brand...

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How Retailers Are Folding GenAI Into Their 2024 Playbook 
How Retailers Are Folding GenAI Into Their 2024 Playbook 
January 22, 2024  |  Retail

In the world of retail, generative artificial intelligence (AI) has taken up the conversation.  Although the idea is not new, its importance has escalated, especially...

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How GreyOrange CEO Will Use $135M, AI and Robots to Modernize Warehousing and Fulfillment
How GreyOrange CEO Will Use $135M, AI and Robots to Modernize Warehousing and Fulfillment
January 22, 2024  |  B2B Payments

Omnichannel commerce has transformed how we pay for things and the length of time in which we expect to get what we pay for. Delivery...

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Amazon Lays Off 5% of Buy With Prime Staff
Amazon Lays Off 5% of Buy With Prime Staff
January 19, 2024  |  Amazon

Amazon has made layoffs in its Buy with Prime unit, as part of its ongoing restructuring efforts. The company has laid off around 30 employees,...

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