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.

Today in FinTech: Accountable to Expand With Funding; Feds Plan Lending Rules Update
Today in FinTech: Accountable to Expand With Funding; Feds Plan Lending Rules Update
May 05, 2022  |  Fintech Investments

In today’s FinTech news, Accountable has fresh capital for its mission to ease accounting and tax handling for freelancers, while Western Union and PagaPhone are...

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Consumers 51% More Engaged in Video Streaming, Social Media Browsing Than Shopping Online
Consumers 51% More Engaged in Video Streaming, Social Media Browsing Than Shopping Online
May 05, 2022  |  Connected Economy

When benchmarking the progress of the world’s digital transformation, one of the ways PYMNTS categorizes online activities is by those that are “transactional” activities and...

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FinTech NuovoPay, B2B Software Firm PaygOps Debut Financing Via Smartphone
FinTech NuovoPay, B2B Software Firm PaygOps Debut Financing Via Smartphone
May 05, 2022  |  B2B Payments

Smartphone-locking FinTech platform NuovoPay has teamed up with B2B Software as a Service (SaaS) platform PaygOps to enable accessibility for smartphone financing through digital technology...

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Shopify to Acquire eCommerce Firm Deliverr for $2.1B
Shopify to Acquire eCommerce Firm Deliverr for $2.1B
May 05, 2022  |  Acquisitions

Shopify has agreed to purchase eCommerce fulfillment provider Deliverr in a $2.1 billion deal that is the Canadian company’s largest to date as it continues...

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Wayfair Promotes Kate Gulliver to Take on CFO, CAO Roles
Wayfair Promotes Kate Gulliver to Take on CFO, CAO Roles
May 05, 2022  |  Personnel

Home goods eCommerce marketplace Wayfair is appointing Kate Gulliver to take on the roles of chief financial officer (CFO) and chief administrative officer (CAO) as...

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5G Powers Businesses’ Contactless Shopping, Untethered Internet Access, Backup Connections
5G Powers Businesses’ Contactless Shopping, Untethered Internet Access, Backup Connections
May 05, 2022  |  Connected Economy

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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Lightspeed Commerce Unveils Retail Platform
Lightspeed Commerce Unveils Retail Platform
May 05, 2022  |  eCommerce

Commerce platform Lightspeed has launched Lightspeed Retail, an offering that combines advanced POS, payments and eCommerce into one platform. Get the Full Story Complete the...

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Mastercard: April U.S. Retail Sales Up 7.2% YoY
Mastercard: April U.S. Retail Sales Up 7.2% YoY
May 05, 2022  |  Retail

Retailers are increasingly focusing on smaller stores that are big on experiences for customers who are returning to brick-and-mortar locations in big numbers as fears...

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Etsy Tumbles as Post-Pandemic Growth Slows, Pledges to Fight Retail’s ‘Sea of Sameness’
Etsy Tumbles as Post-Pandemic Growth Slows, Pledges to Fight Retail’s ‘Sea of Sameness’
May 05, 2022  |  Retail

After experiencing what Etsy CEO Josh Silverman referred to as a “tidal wave of growth” over the past two years, the leading marketplace for handmade...

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