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.

Product Drops, Flash Sales Winning Consumer Hearts, Minds, Brand Affinity
Product Drops, Flash Sales Winning Consumer Hearts, Minds, Brand Affinity
February 17, 2021  |  Retail

Price satisfaction. Exclusivity. Affinity. These are some of the main factors making use of product drops, flash sales and related tactics part of an effective...

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Chesapeake Bank On How Riding Real-Time Payment Rails Can Benefit Today’s Merchants
Chesapeake Bank On How Riding Real-Time Payment Rails Can Benefit Today’s Merchants
February 17, 2021  |  Consumer Payments

From QR codes to contactless cards, consumers want access to fast and seamless payment experiences. Merchants, however, can be left waiting days for funds to...

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LATAM’s Valoreo Raises $50 Million To Acquire And Scale eCommerce Firms
LATAM’s Valoreo Raises $50 Million To Acquire And Scale eCommerce Firms
February 16, 2021  |  Investments

Latin American eCommerce acquirer Valoreo has raised $50 million in a seed funding round to expand its operations in the region. The funding was one of...

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Amazon Goes Down Under To Acquire Shopify Rival Selz
Amazon Goes Down Under To Acquire Shopify Rival Selz
February 16, 2021  |  Partnerships / Acquisitions

Amazon has closed a deal to acquire 7-year-old Australian startup Selz, a company that assists eCommerce firms in advancing digital sales. Get the Full Story...

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Ace Hardware Reports 39.2 Pct Jump In Revenues
Ace Hardware Reports 39.2 Pct Jump In Revenues
February 16, 2021  |  Retail

Ace Hardware Corporation reported on Tuesday (Feb. 16) as part of its financial results that revenues jumped 39.2 percent from Q4 2019 to Q4 2020,...

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Vertical Leap: Afterpay’s Molnar Sees New Category Growth For BNPL
Vertical Leap: Afterpay’s Molnar Sees New Category Growth For BNPL
February 16, 2021  |  Buy Now Pay Later

There’s no doubt that consumer adoption of “buy now, pay later” (BNPL) platforms has come a long way over a short period of time. But...

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Study: Retailers Snag Trend-Seeking Consumers With Product Drops And Sales Events
Study: Retailers Snag Trend-Seeking Consumers With Product Drops And Sales Events
February 16, 2021  |  Retail

Product Drops: Retail’s New Conversion Play, a PYMNTS and Scalefast collaboration, investigates how consumers are participating in events such as product drops, flash sales and...

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Banks See New Opportunity To Close The Consumer Payment, Merchant Settlement Speed Gap
Banks See New Opportunity To Close The Consumer Payment, Merchant Settlement Speed Gap
February 16, 2021  |  Consumer 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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Digital Savings Soar In New Coupon App Provider Ranking
Digital Savings Soar In New Coupon App Provider Ranking
February 12, 2021  |  Mobile Applications

Our love-hate relationship with coupons lives on in the age of digital disruption as couponing apps take the friction, frustration (and scissors) out of saving...

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