Smart cart tech firm Shopic bags $35M in funding
Listen to the article 3 min This audio is auto-generated. Please let us know if you have feedback. Dive Brief: Smart shopping cart technology developer Shopic has raised $35 million in a Series B funding round led by Qualcomm Ventures, pushing the total amount...
Merchants Fine Tune Checkout Experience
When it comes to trends shaping commerce in 2022, the innovators are at it again. This time, they’re looking for ways for merchants to turn payments from a cost center into a revenue driver. That may sound like a stretch, but as Checkout.com’s director of...
D2C Retailing Boosts Supply Chain Tech Providers
More companies have embraced selling directly to consumers, sidestepping old, larger-scale operations in favor of developing direct-to-consumer (D2C) operations. With brick-and-mortar commerce still recovering from the pandemic and shoppers electing to make...
Retailers Weigh Payments Choice, Overwhelming Customers
The conventional wisdom of online commerce is that payments should be invisible, and merchants should offer their shoppers as many payment options as possible. In an interview with PYMNTS, Nicky Schardt, director of product, customer experience at Spreedly,...
Behavioral Analytics for Smooth Authentication
Trust drives consumer experiences, and it can be negatively impacted in countless ways. An inconvenient login or checkout experience harms a customer’s trust in a merchant, and a false positive fraud flag can alienate a previously loyal customer. Consumers...
Apple overhauls iPhone checkout experience with larger images, focus on trade-ins, more
Apple has given the iPhone checkout page on its website a major overhaul. The new design features larger images, quicker access to shopping assistance, and more. There’s also a bigger emphasis on trading in other devices as well. The previous design for the...
The Paypers launches the 7th editition of the Payment Methods Report 2022
The Paypers has launched the 7th edition of the Payment Methods Report 2022, which offers a detailed look at the latest developments in the payment methods space and the new technologies that these methods rely on. The increasing number of digital shoppers...
54% of Clothing, Accessory Shoppers Abandoned Online Cart
While most consumers love the convenience and variety of online shopping, they find some aspects frustrating or time-consuming. As a result, about half of consumers have abandoned their online shopping cart on a potential clothing and accessory or home...
EU Retailers Pivot to Seamless One-Click Checkout
Shopping cart abandonment — an online retailer’s worst nightmare. According to Jérémy Pinto, co-founder of French retail tech firm JUST, research shows that of the 70% of online carts abandoned in France, half of them are abandoned due to an overly complex...
