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.

New Stores Created On Shopify Jump 62 Pct Amid Shift To eCommerce
New Stores Created On Shopify Jump 62 Pct Amid Shift To eCommerce
May 06, 2020  |  Retail

As the coronavirus pandemic speeds up consumers’ transitions to online shopping, Shopify reported that new stores created on the platform jumped 62 percent from March...

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Singapore’s Ninja Van Delivery Startup Raises $279M
Singapore’s Ninja Van Delivery Startup Raises $279M
May 06, 2020  |  Investments

Parcel delivery startup Ninja Van, working in overdrive during the pandemic, ended a funding round with $279 million. Get the Full Story Complete the form...

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What It Takes To Get Consumers (And Merchants) To Go Cashless, Contactless – And PIN-less
What It Takes To Get Consumers (And Merchants) To Go Cashless, Contactless – And PIN-less
May 06, 2020  |  Payments Innovation

The appeal of contactless payments has skyrocketed since the pandemic hit across the globe. Payment network giants such as Visa and Mastercard said in their most...

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Fiserv Enables SNAP Online EBT Payment Acceptance For Grocers
Fiserv Enables SNAP Online EBT Payment Acceptance For Grocers
May 05, 2020  |  eCommerce

Fiserv Inc., a global payments provider, now accepts Electronic Benefits Transfer (EBT) payments at grocers, allowing Supplemental Nutrition Assistance Program (SNAP) participants to purchase groceries...

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Wayfair’s Sales Up 20 Pct As Homebound Consumers Feather Nests
Wayfair’s Sales Up 20 Pct As Homebound Consumers Feather Nests
May 05, 2020  |  Retail

Online retail giant Wayfair saw its sales surge in the first quarter of 2020, even while its net loss grew. The increase in sales figures...

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Returns Come Back To Haunt eCommerce Amid Pandemic
Returns Come Back To Haunt eCommerce Amid Pandemic
May 05, 2020  |  Retail

In the best of times, returns are the bane of eCommerce existence. In these worst of times, they’re even more complicated as return policies are...

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Why Understanding Commerce’s New Normal Is Key To Fraud-Fighting Strategies
Why Understanding Commerce’s New Normal Is Key To Fraud-Fighting Strategies
May 05, 2020  |  Fraud Prevention

The last eight weeks has scrambled financial institutions’ tried and tested fraud-fighting approaches as transactions once seen as "abnormal" have become the new "normal." In...

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Digital Declutters The Medicine Cabinet
Digital Declutters The Medicine Cabinet
May 05, 2020  |  Retail

If there’s one overarching focus of life during the coronavirus pandemic, boiled down, it would be focusing on the essentials — ordered online and delivered...

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Mastercard’s Playbook On Fighting Online Fraud’s Big Surge
Mastercard’s Playbook On Fighting Online Fraud’s Big Surge
May 05, 2020  |  Security & Fraud

The shift to online commerce in the wake of the coronavirus pandemic is unprecedented. Get the Full Story Complete the form to unlock this article...

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