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.
Airwallex and Woo Team to Simplify Cross-Border eCommerce
Airwallex and Woo Team to Simplify Cross-Border eCommerce
December 13, 2023  |  eCommerce

Payments platform Airwallex has launched a partnership with eCommerce platform Woo. The collaboration makes Airwallex an official payment extension of Woo, letting the platform’s 3.5 million stores accept cross-border payments...

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British Payment Regulator Calls for Cross-Border Card Fee Cap
British Payment Regulator Calls for Cross-Border Card Fee Cap
December 13, 2023  |  Regulation

Visa and Mastercard are under pressure to cap cross-border merchant fees in the U.K. The Payment Systems Regulator (PSR) on Wednesday (Dec. 13) published an update to its review of cross-border...

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Brands Capitalize on FSA Spending to Boost Holiday Sales 
Brands Capitalize on FSA Spending to Boost Holiday Sales 
December 13, 2023  |  Retail

Although consumers are making purchases, the reluctance to spend remains prevalent. As such, brands and retailers are trying new ways to entice consumers to shop...

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EBay Rolls Out Branded Buses to Promote Consignment Service
EBay Rolls Out Branded Buses to Promote Consignment Service
December 12, 2023  |  eCommerce

Online marketplace eBay is rolling out a limited-time mobile consignment concierge that will promote the selling experience offered by the recently launched eBay consignment service. A...

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Blue Apron Expands Ready-Made Options as Meal Subscriptions Boost Convenience
Blue Apron Expands Ready-Made Options as Meal Subscriptions Boost Convenience
December 12, 2023  |  Subscriptions

As the growth of ready-to-go meal subscriptions outpaces that of traditional meal kits, Blue Apron is launching non-frozen prepared meals — part of an industry-wide...

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Shein Stays at No. 1 in Latest Provider Ranking of Shopping Apps
Shein Stays at No. 1 in Latest Provider Ranking of Shopping Apps
December 12, 2023  |  Shopping

The holidays are right around the corner, and holiday shopping is in full swing. This edition of PYMNTS’ Provider Ranking of Shopping Apps is here...

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LTK Launches AI Solution to Match Brands and Creators
LTK Launches AI Solution to Match Brands and Creators
December 12, 2023  |  Artificial Intelligence

LTK announced the launch of a new artificial intelligence solution that helps brands find and cast creators for marketing campaigns. The new LTK Match.AI also...

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Entersekt Buys Modirum’s 3DS Solutions to Boost Scale and Authorization Rates
Entersekt Buys Modirum’s 3DS Solutions to Boost Scale and Authorization Rates
December 12, 2023  |  Acquisitions

“In the world of payments,” Schalk Nolte, CEO of Entersekt, said to PYMNTS, authentications for internet-based commerce and mobile banking “have not been connected at...

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Ocado Doubles Down on Robotics as Grocery Delivery Competition Heats Up
Ocado Doubles Down on Robotics as Grocery Delivery Competition Heats Up
December 11, 2023  |  eCommerce

As grocers look to drive digital sales while protecting their margins, Ocado is reportedly adding more robotic arms in an effort to boost fulfillment efficiency....

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