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 Cross-Border Payments Opportunity Within Invoice Finance
The Cross-Border Payments Opportunity Within Invoice Finance
February 23, 2021  |  B2B Payments

Over the last several years, more businesses have migrated their sales models to online platforms like Amazon in pursuit of a broader, global customer base,...

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Deep Dive: How AI And ML Can Reduce Fraud And Increase Customer Satisfaction
Deep Dive: How AI And ML Can Reduce Fraud And Increase Customer Satisfaction
February 23, 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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Walmart Canada: Digital Shoppers Cause For New Supplier Fees
Walmart Canada: Digital Shoppers Cause For New Supplier Fees
February 21, 2021  |  B2B Payments

The CEO of Walmart Canada and another top executive are publicly defending the chain’s new assessment on suppliers of a 1.25 percent fee on all...

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Office Depot Parent Buys BuyerQuest To Bolster B2B Strategy
Office Depot Parent Buys BuyerQuest To Bolster B2B Strategy
February 21, 2021  |  B2B Payments

The ODP Corporation, the corporate parent of Office Depot and OfficeMax, has acquired BuyerQuest Holdings, which operates in the procure-to-pay space, the companies announced in...

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eCommerce Surge Bolsters Blue-Collar Jobs
eCommerce Surge Bolsters Blue-Collar Jobs
February 21, 2021  |  Economy

Blue-collar workers for the most part are faring better than white-collar workers during the pandemic-induced recession, something of a flip compared to other recent economic...

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Q4 2020 eCommerce Sales Rose 32 Pct Over 2019
Q4 2020 eCommerce Sales Rose 32 Pct Over 2019
February 19, 2021  |  Economy

Fourth-quarter eCommerce sales in 2020 topped out at almost $207 billion, a 1.2 percent drop from the third quarter, but up 32.1 percent compared to...

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ReverseLogix Secures $20 Million To Ease The Pain Of Returns For eRetailers
ReverseLogix Secures $20 Million To Ease The Pain Of Returns For eRetailers
February 19, 2021  |  Retail

The last mile can often be the most taxing — and in logistics, customers’ expectations continue to intensify when it comes to shipping and delivery....

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Today In Retail: Abound Lands $22.9 Million In Series A; Kirkland’s Projects 1.8 Pct Comp Sales Increase
Today In Retail: Abound Lands $22.9 Million In Series A; Kirkland’s Projects 1.8 Pct Comp...
February 19, 2021  |  News

In today’s top retail news, Abound landed nearly $23 million in a Series A funding round, while Kirkland’s, Inc. anticipates a comparable sales rise of...

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