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.

RealReal Takes Earnings Hit; reCommerce Outlook Still Bright For 2021
RealReal Takes Earnings Hit; reCommerce Outlook Still Bright For 2021
February 23, 2021  |  eCommerce

By the numbers, reCommerce has had a split decision in 2020. On one side, the pandemic has hurt companies like The RealReal that have included...

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NMI Expands Into Omnichannel Payments With USAePay Acquisition
NMI Expands Into Omnichannel Payments With USAePay Acquisition
February 23, 2021  |  Acquiring

Payments enablement firm NMI has acquired the payments solutions company USAePay to offer their joint customers more choices, NMI announced in a press release on...

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Macy’s Embraces ‘Omnichannel Digital Retailer’ Mantra, But Lags Behind Peers
Macy’s Embraces ‘Omnichannel Digital Retailer’ Mantra, But Lags Behind Peers
February 23, 2021  |  Retail

Macy’s reported on its Q4 and FY results on Tuesday (Feb. 23), which were led by a 21 percent increase in digital sales and rising...

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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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