The rise of digital retail subscriptions has provided consumers with convenience such as scheduled deliveries of regularly used items, eliminating the need for frequent trips to physical stores. Millennials are at the forefront of this trend, with 39% of them relying on subscriptions for most...
When it comes to buying directly from brands, Generation Z is ahead of the curve. By the Numbers The PYMNTS Intelligence report “The Online Features Driving Consumers to Shop With Brands, Retailers or Marketplaces” drew from a survey of more than 3,500 U.S. consumers in...
Spotify will launch in-app shopping on iPhones in the European Union (EU) on March 7. This new offering is enabled by the rollout of the EU’s Digital Markets Act (DMA), which prohibits the restrictions and 30% fees that Apple currently places on apps offering through its App Store, Spotify said in...
The convenience of shopping from the comfort of one’s home has led to the growing popularity of online marketplaces among consumers. As detailed in “The Online Features Driving Consumers to Shop With Brands, Retailers or Marketplaces,” a PYMNTS Intelligence and Adobe collaboration, a significant share of...
Temu has reportedly defied expectations by attracting a significant number of baby boomers and Generation X shoppers in the United States. Contrary to its reputation as a platform for younger consumers, the Chinese eCommerce app’s first year of operation in the U.S. has seen older shoppers...
Vroom is winding down its eCommerce operations and discontinuing its used vehicle dealership business. The company aims to preserve liquidity and maximize stakeholder value through its remaining businesses, Vroom said in a Monday (Jan. 22) press release. This move comes after the company tried to raise additional...
When it comes to executing on in-house eCommerce channels, PYMNTS Intelligence reveals, grocers are pulling it off, despite ongoing skepticism in the industry. By the Numbers The new PYMNTS Intelligence report “The Online Features Driving Consumers to Shop With Brands, Retailers or Marketplaces,” created in...
Online commerce carries a number of risks related to digital fraud and payment failure that can result in lost sales and an erosion of brand reputation. This is common to any company that operates online, regardless of its industry and size. However, PYMNTS Intelligence data...
Pretty Links, a link management WordPress plugin, has unveiled its latest feature, a built-in payment-link function that allows online sellers to create branded checkout links for selling products across various channels. This new feature, PrettyPay, was developed in collaboration with the Stripe payments platform, Pretty...
