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.

Retailers’ Q3 Online Sales Slowdown May Mark End of eCommerce Hypergrowth
Retailers’ Q3 Online Sales Slowdown May Mark End of eCommerce Hypergrowth
November 23, 2021  |  Retail

In retail, brick-and-mortar’s steadily rising drumbeat of foot traffic is eCommerce’s pain, at least for now. Get the Full Story Complete the form to unlock...

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Singapore-Based BNPL Firm Pace Nets $40M in Series A Funding
Singapore-Based BNPL Firm Pace Nets $40M in Series A Funding
November 23, 2021  |  BNPL

Singapore-based buy now, pay later (BNPL) company Pace notched $40 million in its Series A investment round, according to a recent press release. The round saw participation...

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Best Buy Pins Future Sales On HealthTech, Virtual Stores
Best Buy Pins Future Sales On HealthTech, Virtual Stores
November 23, 2021  |  Retail

Small-format locations, outlets, virtual stores and an increased presence in the healthcare category are among the initiatives that Best Buy executives say will carry the...

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Walmart’s Loyalty Program Walmart+ Struggles to Grow Paid Membership
Walmart’s Loyalty Program Walmart+ Struggles to Grow Paid Membership
November 23, 2021  |  Retail

After over a year of offering consumers free delivery, discounted prescription drugs and other benefits, the growth of Walmart+ remains in neutral, with nearly 1...

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Thirstie Debuts Branded Gift Cards for Liquor Industry
Thirstie Debuts Branded Gift Cards for Liquor Industry
November 23, 2021  |  Merchant Innovation

White-label eCommerce firm Thirstie is launching gift cards for liquor brands, the first offering of its kind in the U.S., according to a press release...

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Beauty Product Brands See Consumer Payment Choice as Driver of Global Sales
Beauty Product Brands See Consumer Payment Choice as Driver of Global Sales
November 23, 2021  |  Cross-border Payments

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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EMEA Daily: Ericsson Acquires Vonage in $6.2B Stock Deal; UK Leads EU in Driving Global Growth In HealthTech Sector
EMEA Daily: Ericsson Acquires Vonage in $6.2B Stock Deal; UK Leads EU in Driving Global...
November 22, 2021  |  International

In today’s top Europe, Middle East and Africa news, Ericsson acquires Vonage in $6.2bn stock deal, and the U.K. leads the EU in driving global...

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Walmart Calls Livestreamed Shopping Shows on Twitter ‘Future of Retail’
Walmart Calls Livestreamed Shopping Shows on Twitter ‘Future of Retail’
November 22, 2021  |  Social Commerce

In the spirit of living and learning, Walmart said Monday (Nov. 22) it is taking the knowledge gained from 15 livestreamed shopping events it hosted...

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23% Global eCommerce Spike Coming Between Thanksgiving and Cyber Monday
23% Global eCommerce Spike Coming Between Thanksgiving and Cyber Monday
November 22, 2021  |  Retail

Digital payment software platform ACI Worldwide expects a 23% global spike from 2020 in eCommerce between Thanksgiving and Cyber Monday, according to a press release,...

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