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.

PYMNTS GCC Series: Still in Its Infancy, Oman FinTech Hub Shows Huge Potential for Growth
PYMNTS GCC Series: Still in Its Infancy, Oman FinTech Hub Shows Huge Potential for Growth
July 15, 2022  |  emea

Often referred to as rentier states due to their dependence on oil revenue, Gulf Cooperation Council (GCC) countries — Bahrain, Kuwait, Oman, Qatar, Saudi Arabia,...

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June Retail Sales Rise 1% as Falling Gas Prices Offer Consumers Some Relief
June Retail Sales Rise 1% as Falling Gas Prices Offer Consumers Some Relief
July 15, 2022  |  Retail

A sweeping increase in prices paired with a modest dip in the cost of gasoline combined to deliver a 1% advance in June retail sales,...

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The Data Point: 76% of Merchants Say Third-Party Dispute Resolution Is the Way to Go
The Data Point: 76% of Merchants Say Third-Party Dispute Resolution Is the Way to Go
July 15, 2022  |  Fraud Prevention

With the surge of credit card transactions during the pandemic is the seemingly inescapable cascade of disputes and chargebacks that eat into profits and create...

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Payments Space Supports Growth With Innovation
Payments Space Supports Growth With Innovation
July 15, 2022  |  Opinion

Arun Tikoo, senior VP, Business and Strategy at Cashfree Payments, explores six payments trends fueling eCommerce innovation in the PYMNTS eBook “Baseline 2022: What the...

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Wanted: Supply Chain and Logistics Savants to Help Close Deals
Wanted: Supply Chain and Logistics Savants to Help Close Deals
July 15, 2022  |  Supply Chain

Businesses increasingly see delivery preferences, speed of delivery, cost of delivery and inbound supply chain as competitive advantages.  Get the Full Story Complete the form...

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Amazon Could Kill Private Label Unit Accounting for 1% of Sales
Amazon Could Kill Private Label Unit Accounting for 1% of Sales
July 15, 2022  |  Amazon

Amazon could be getting out of the private label business, which only account for about 1% of its retail sales, and has been reducing the...

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China’s Fashion Company Shein Eyes 2024 IPO
China’s Fashion Company Shein Eyes 2024 IPO
July 14, 2022  |  IPO

Chinese fast fashion giant Shein is reportedly planning to do an initial public offering (IPO) in the U.S. soon — possibly by 2024, according to...

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54% of Clothing, Accessory Shoppers Have Abandoned an Online Cart in Last Year
54% of Clothing, Accessory Shoppers Have Abandoned an Online Cart in Last Year
July 14, 2022  |  Retail

While most consumers love the convenience and variety of online shopping, they find some aspects frustrating or time-consuming.  Get the Full Story Complete the form...

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Nearly All Millennials, Gen Z-ers Seek Digital Engagement with Restaurants
Nearly All Millennials, Gen Z-ers Seek Digital Engagement with Restaurants
July 14, 2022  |  eCommerce

As restaurants look for ways to drive visits and boost frequency, they are finding that providing a compelling digital experience is key to reaching younger...

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