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.

Holiday Returns Binge Begins As Consumers Fault Order Errors, Late Delivery
Holiday Returns Binge Begins As Consumers Fault Order Errors, Late Delivery
January 14, 2021  |  eCommerce

Don’t bask in the afterglow of all those holiday receipts just yet. Because, well … returns. Get the Full Story Complete the form to unlock...

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The Diamond Industry Polishes Its B2B eCommerce Strategy
The Diamond Industry Polishes Its B2B eCommerce Strategy
January 14, 2021  |  B2B Payments

Like so many industries today, the diamond sector continues to struggle with supply chain digitization. The process of B2B procurement between diamond vendors and jewelry...

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How Swap.com Kept Fraudsters From Ruining Christmas
How Swap.com Kept Fraudsters From Ruining Christmas
January 14, 2021  |  Fraud Prevention

The post-holiday season is a busy time for consignment stores — making it a busy time for cybercriminals as well. And as new threats emerge,...

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Department Stores Continue Slide As Nordstrom Reports 22 Pct Holiday Drop
Department Stores Continue Slide As Nordstrom Reports 22 Pct Holiday Drop
January 13, 2021  |  Earnings

Showing the continued struggles of retail stores in the pandemic era, Nordstrom reported a 22 percent net sales decline for the nine-week holiday period that...

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Thrasio Seeks Bigger Acquisitions After Landing $500 Million In New Financing
Thrasio Seeks Bigger Acquisitions After Landing $500 Million In New Financing
January 13, 2021  |  eCommerce

Digital consumer goods company Thrasio said it plans to go on the hunt for even larger eCommerce companies to acquire on the heels of its...

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Auto1 Online Car Marketplace Plans To Go Public
Auto1 Online Car Marketplace Plans To Go Public
January 13, 2021  |  IPO

Berlin-based Auto1 Group said on Wednesday (Jan. 13) that it plans to go public in the first quarter of this year. Auto1 serves both consumers...

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Today In Retail: Walgreens To Launch Co-Branded Cards; Big Lots Reports Rise In Quarter-To-Date Comp Sales
Today In Retail: Walgreens To Launch Co-Branded Cards; Big Lots Reports Rise In Quarter-To-Date Comp...
January 13, 2021  |  Retail

In today’s top retail news, Walgreens is growing its financial services offering with the help of Mastercard and Synchrony, while Big Lots, Inc. said it...

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Target Doubles Holiday Digital Sales; In-Store Comps Up 4.2 Percent
Target Doubles Holiday Digital Sales; In-Store Comps Up 4.2 Percent
January 13, 2021  |  Retail

Target reported Wednesday (Jan. 13) that comparable digital sales more than doubled during the holiday period, while in-store sales also surprisingly grew despite the pandemic....

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Swap.com Uses Data Analytics to Fight Post-Holiday Fraud Surge
Swap.com Uses Data Analytics to Fight Post-Holiday Fraud Surge
January 13, 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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