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.

Digital and Automated Onboarding Experiences Now Table Stakes for Merchants
Digital and Automated Onboarding Experiences Now Table Stakes for Merchants
November 03, 2021  |  Payment Methods

Gone are the days when a merchant would be happy to sit in person with an ISO or payments processor for hours, answering the same...

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Good Customers Gone Bad — Retailers Lose $89B Annually to Return Policy and Promotions Abuse
Good Customers Gone Bad — Retailers Lose $89B Annually to Return Policy and Promotions Abuse
November 03, 2021  |  Fraud Prevention

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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Capitol Hill Hearing: BNPL Has Benefits But Risks are ‘Growing’
Capitol Hill Hearing: BNPL Has Benefits But Risks are ‘Growing’
November 02, 2021  |  Buy Now Pay Later

Buy now, pay later (BNPL) plans and other financial innovations, such as earned wage access (EWA), have the potential to broaden financial access for underserved...

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Today in Retail: Walmart Acquisition Boosts Voice Tools; Wayfair Launches Streaming Commerce Platform
Today in Retail: Walmart Acquisition Boosts Voice Tools; Wayfair Launches Streaming Commerce Platform
November 02, 2021  |  Retail

In today’s top retail news, Walmart is acquiring technology assets from conversational platform startup Botmock, while Wayfair has added a video commerce platform to its...

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China eCommerce Retailers Cautiously Optimistic About Singles Day
China eCommerce Retailers Cautiously Optimistic About Singles Day
November 02, 2021  |  eCommerce

China’s eCommerce leaders are turning a cautiously optimistic eye toward Singles Day on Nov. 11, touted as the biggest shopping day in the world, despite...

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DoorDash Offers Same-Day Ulta Beauty Delivery 
DoorDash Offers Same-Day Ulta Beauty Delivery 
November 02, 2021  |  Delivery

In another nod to the ever-expanding bring-it-to-me economy, DoorDash on Tuesday (Nov. 2) partnered with beauty retailer Ulta Beauty on same-day delivery from Ulta stores...

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Klarna Snaps up PriceRunner to Bring New Features to Shoppers
Klarna Snaps up PriceRunner to Bring New Features to Shoppers
November 02, 2021  |  Partnerships / Acquisitions

Retail bank and buy now pay later (BNPL) specialist Klarna closed a deal to acquire the price comparison platform PriceRunner in a move to bring...

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Wayfair Debuts In-App Video Commerce Offering
Wayfair Debuts In-App Video Commerce Offering
November 02, 2021  |  Retail

Home furnishings company Wayfair Inc. on Tuesday (Nov. 2) rolled out the immersive video commerce platform Wayfair On Air, an initiative that will help shoppers...

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Brands See Benefit in Catering to ‘High-Value Enthusiasts’
Brands See Benefit in Catering to ‘High-Value Enthusiasts’
November 02, 2021  |  Retail

When Mattel recently released one of its newest Hot Wheels — a collaboration with Gucci to recreate the 1982 Gucci Cadillac Seville — it was...

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