Digital-first businesses that need capital as a cushion for lumpy cash flow find tapping their banks for funds can be tedious and slow, says Abe Shak, CEO of accessories retailer The Time Store. In this month’s Payments Powering the Platform Economy Report, Shak explains how...
The global eCommerce market is a juggernaut, containing up to 24 million sellers and 2 billion digital buyers, with sales expected to reach $4.13 trillion in 2020. These staggering figures belie the challenges faced by smaller industry players, however, with only 35 percent of small-...
Many shoppers who make purchases online rely on eCommerce marketplaces to discover items and connect with trusted sellers. Fifty-eight percent of worldwide eCommerce transactions were made using these platforms in 2018, for example, and consumers have since become even more accustomed to them. Platforms that...
Work from home opens the virtual doors for gig workers and employers in need of help, including beyond their national borders. Shany Malbin, director of payments at gig platform Fiverr, says that can get tricky when it comes to compliance, fraud and other payments complexities....
August 18, 2020
The global eCommerce market is a juggernaut, containing up to 24 million sellers and 2 billion digital buyers, with sales expected to reach $4.13 trillion in 2020. These staggering figures belie the challenges faced by smaller industry players, however, with only 35 percent of small- to mid-sized businesses (SMBs) surviving their first decade in operation. […]
April 29, 2020
Crafting streamlined eCommerce checkouts for international customers requires merchants to tailor their payments experiences to the needs and preferences of each market. That means enabling customers to pay with their...
