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.

Nordstrom’s Digital Sales and Enhanced Customer Experience Drive Growth in Q3
Nordstrom’s Digital Sales and Enhanced Customer Experience Drive Growth in Q3
November 26, 2024  |  Retail

While digital sales continued to perform well at Nordstrom, enhancements to the overall customer experience paid off as well, according to CEO Erik Nordstrom. “In the...

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Mollie and PayPal Partner on Payment Solutions for Marketplace Platforms
Mollie and PayPal Partner on Payment Solutions for Marketplace Platforms
November 26, 2024  |  Partnerships

Mollie and PayPal have teamed up to deliver payment solutions for marketplace platforms in the European Union (EU) and the United Kingdom. With their new strategic...

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Cardless Raises $30 Million to Continue Developing Co-Branded Credit Cards
Cardless Raises $30 Million to Continue Developing Co-Branded Credit Cards
November 26, 2024  |  Investments

Cardless has raised $30 million in a funding round to support its continued development of co-branded credit card and loyalty products. The company will also...

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Retailers Exercise Data Readiness Muscle to Boost Holiday Spend and Customer Loyalty
Retailers Exercise Data Readiness Muscle to Boost Holiday Spend and Customer Loyalty
November 25, 2024  |  News

Data readiness is the ability of an organization to collect, manage and effectively use data. This concept is never more crucial than during the holiday...

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Mastercard Launches Open Banking Partnership With Unzer
Mastercard Launches Open Banking Partnership With Unzer
November 25, 2024  |  Partnerships

Payment/software solutions provider Unzer has formed an open banking-focused collaboration with Mastercard. The collaboration, announced Monday (Nov. 25), makes Mastercard Unzer’s open banking partner in...

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Retailers Take Note: Consumers Say There Are Too Many Deals
Retailers Take Note: Consumers Say There Are Too Many Deals
November 25, 2024  |  Consumer Insights

Through the past few years, consumers in the United States, have collectively seemed to be an unstoppable force. They have spent through inflationary times, geopolitical...

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ChatGPT Flexes Muscles in Unexpected Arena as Estée Lauder Beauty Consultant
ChatGPT Flexes Muscles in Unexpected Arena as Estée Lauder Beauty Consultant
November 25, 2024  |  Artificial Intelligence

Beauty companies increasingly use artificial intelligence to transform how they develop and market products, with personalization and convenience at the forefront. Beauty juggernaut Estée Lauder...

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J.P. Morgan Weighs In on Retail’s Three Big Moments of Truth
J.P. Morgan Weighs In on Retail’s Three Big Moments of Truth
November 25, 2024  |  Retail

We all heard the saying as kids when parents and teachers offered up these words of wisdom: You only get one chance to make a...

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Rush Hour Retail: How Geolocation Impacts Customer Experience During the Holidays
Rush Hour Retail: How Geolocation Impacts Customer Experience During the Holidays
November 25, 2024  |  Retail

The holiday shopping season is retailers’ peak period. “Holiday shopping puts tremendous pressure on eCommerce platforms,” Radar CEO and Co-founder Nick Patrick told PYMNTS. In...

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