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.

The Amazon Prime Effect Spreads as More Retailers Convert Free Loyalty to Paid Memberships
The Amazon Prime Effect Spreads as More Retailers Convert Free Loyalty to Paid Memberships
December 09, 2021  |  Loyalty & Rewards

In recent years, there’s been a collective realization that loyalty programs are generally not engaging or valued enough by consumers to even know they belong...

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Klarna Debuts Browser Extension for Online Stores
Klarna Debuts Browser Extension for Online Stores
December 09, 2021  |  BNPL

Buy now, pay later (BNPL) platform Klarna on Thursday (Dec. 9) debuted a browser extension that will allow customers to use the company’s flexible payment...

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Brands Bet Limited-Edition Apparel Can Catch Consumers’ Interest
Brands Bet Limited-Edition Apparel Can Catch Consumers’ Interest
December 09, 2021  |  Retail

In the coming weeks, many families who have gathered for the holidays will sit down around the table to play board games such as Scrabble...

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Rent the Runway Eyes Potential Opportunity Beyond Fashion
Rent the Runway Eyes Potential Opportunity Beyond Fashion
December 09, 2021  |  Retail

In the company’s first quarterly report since going public in October, Rent the Runway executives said they see massive opportunities for customer acquisition in the...

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Payments Gateway ConnexPay Nets $20M to Expand in Europe, Online
Payments Gateway ConnexPay Nets $20M to Expand in Europe, Online
December 09, 2021  |  Investments

Payments gateway ConnexPay raised $20 million in a Series B funding round led by card issuing platform Marqeta, according to a press release emailed to...

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Consumers Bring Domestic eCommerce Demands to Growing Cross-Border Transactions
Consumers Bring Domestic eCommerce Demands to Growing Cross-Border Transactions
December 09, 2021  |  Cross-border Payments

More than a decade ago, when cosmetics company 100% Pure was starting to sell internationally, it ran a separate website for each country, which “was...

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Today in Retail: Stitch Fix Pivots to Direct Purchases; Wayfair Bets Stores Can Support Flagging eCommerce
Today in Retail: Stitch Fix Pivots to Direct Purchases; Wayfair Bets Stores Can Support Flagging...
December 08, 2021  |  Retail

In today’s top retail news, Stitch Fix is focusing on its new Freestyle direct purchase feature to make up for its suffering subscription business, while...

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Walmart Canada Debuts Interac Debit Payments for App, Online Shopping
Walmart Canada Debuts Interac Debit Payments for App, Online Shopping
December 08, 2021  |  Retail

Walmart Canada and Interac Corp. have partnered to offer the retailer’s customers the ability to pay with Interac Debit for online purchases at Walmart.ca and in-app using...

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Work-from-Home Trend Not Working for Stores Whose Clientele Is Mainly Office Workers
Work-from-Home Trend Not Working for Stores Whose Clientele Is Mainly Office Workers
December 08, 2021  |  Retail

Few, if any, remote workers are complaining about the work from home (WFH) uniform of sweatpants, or giving up the commute, but for millions of...

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