Startup Aims to Eliminate Abandoned Carts
You’re shopping for the perfect half-zip for a holiday get-together. You click on something you like and save it to your shopping cart. But you’re sure there has to be something better, somewhere — maybe a lower price, a shade of burgundy with a bit more red...
Localizing Payments for Cross-Border eCommerce
Sales via eCommerce channels skyrocketed during the pandemic, bringing cross-border payments on the rise with them. New data shows that even with travel and trade volumes down, cross-border eCommerce transactions grew 17% in 2020, and consumer-to-business (C2B)...
Zo kijk je als retailer voorbij grenzen
De wereldwijde e-commercemarkt is booming, en grenzen zijn niet langer barrières. Terwijl het herstel van de grillige pandemie doorzet, is het winkelgedrag veranderd. Volgens onderzoek van eMarketer is de wereldwijde e-commerce omzet in 2020 met bijna 30...
Top 5 Digital Payments Trends We’re Thankful For
In a year that’s seen PYMNTS readers stuffing themselves with news about the ongoing digital shift, while also enjoying a hefty helping of connected economy advancements, it only seems fitting to use this occasion to honor the many parts and pieces of the...
Ebay suspends direct debit payments in Germany due to possible fraud
Internet trading platform Ebay and payment service provider Ratepay have announced disabling the possibility to pay by direct debit in Germany. It is currently being investigated whether fraudsters triggered or attempted to trigger payments from the accounts...
Today in Retail: Gap Leans on Brands Portfolio
In today’s top retail news, Gap says supply chain issues will likely persist into early next year, while Afterpay is preparing to launch a subscription service for recurring purchases in early 2022. Also, Best Buy is adding to its selection of outdoor furniture...
Debit Cards Seek to Broaden BNPL Ecosystems
Buy now, pay later (BNPL) firms are putting their cards on the table – literally. In recent weeks, tapping into the continued rise of debit spending, some of the bigger names in the BNPL space have begun issuing their own debit cards. Against that backdrop,...
Alternative Payments Drive Cross-Border Sales
The eCommerce market experienced significant growth in 2020 when pandemic-related restrictions made it difficult for consumers to conduct in-person transactions. Na’Imah Muhammad, owner of wig and hair extension retailer Brazilian Bundle Me, said she noticed an...
Customer Satisfaction Fell Without Free Shipping
Merchants have reduced the availability of some online shopping features for customers this year — particularly free shipping — and this left some consumers completing their purchases with a less satisfactory experience. As a result, there’s been a slight...