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.

Cyber Monday Rings Up $10.8 Billion In Record Sales
Cyber Monday Rings Up $10.8 Billion In Record Sales
December 01, 2020  |  eCommerce

Cyber Monday consumers rang up $10.8 billion in sales for the holiday, smashing records for the biggest online shopping day ever, according to new data...

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Shopify Reports Record-Breaking Black Friday, Cyber Monday Sales
Shopify Reports Record-Breaking Black Friday, Cyber Monday Sales
December 01, 2020  |  eCommerce

Global eCommerce platform Shopify reported record-breaking sales of more than $5.1 billion on Black Friday and Cyber Monday, according to a press release. Get the...

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Nations Move Toward Imposing ‘Digital Taxes’ On Big Tech
Nations Move Toward Imposing ‘Digital Taxes’ On Big Tech
December 01, 2020  |  Taxes

Governments around the world are setting their sights on putting a variety of digital taxes on Big Tech giants. Get the Full Story Complete the...

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Consumers Don’t Like Shopping In Physical Stores — Here’s Why
Consumers Don’t Like Shopping In Physical Stores — Here’s Why
December 01, 2020  |  Retail

The digital-first nature of this year’s holiday shopping season has gone from theory to reality in short order. The unofficial official start of the 2020...

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Black Friday Data: Amazon Tightens Digital-First Market Share Grip
Black Friday Data: Amazon Tightens Digital-First Market Share Grip
December 01, 2020  |  Retail

Amazon’s grip on the online shopping industry appears to be tightening. A new survey of Black Friday shoppers from PYMNTS showed the Seattle retailing giant...

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Cyber Monday: Sales Records Abound For Obsolete Holiday
Cyber Monday: Sales Records Abound For Obsolete Holiday
December 01, 2020  |  Retail

Anyone who missed the significance of Cyber Monday this year gets a hall pass. The pandemic has rendered what started in 2005 as a reason...

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Small Business Digital Platform GoSite Lands $40 Million
Small Business Digital Platform GoSite Lands $40 Million
December 01, 2020  |  Retail

GoSite, a digital platform for small businesses, has landed $40 million in a Left Lane Capital-led Series B fundraising round. Cove Fund, Longley Capital, Ankona...

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Southern Glazer’s Rolls Out Business-To-Customer Digital Team
Southern Glazer’s Rolls Out Business-To-Customer Digital Team
December 01, 2020  |  Retail

Beverage alcohol distributor Southern Glazer’s Wine & Spirits has rolled out a new Business-to-Customer eCommerce workforce, according to a Tuesday (Dec. 1) announcement. Get the...

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Deep Dive: The Virtual Card Convenience And Security Pitch
Deep Dive: The Virtual Card Convenience And Security Pitch
December 01, 2020  |  Next-Gen Debit

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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