eBay and “Love Island” have joined forces to strengthen their commitment to the resale movement. This partnership aims to amplify their shared mission of fostering conversations and promoting a preowned-first mindset among shoppers. The partnership marks the second collaboration between the two. In the previous...
More than 80% of consumers use digital features as part of their shopping experiences, online and in-store. These “digital enthusiasts” and “digital mainstream” shoppers are younger and more affluent than most, making up 92% of the country’s millennials and 88% of the country’s high-income consumers....
The value proposition of online commerce is, above all else, convenience. “Building a Better Online Checkout Experience: The Key Features That Matter to Customers” a PYMNTS and Checkout.com collaboration, surveyed 2,030 U.S. consumers and found that the biggest barrier preventing smooth, seamless checkout online is an overall...
Rokt has launched a marketplace that enables eCommerce businesses to monetize their checkout page. With the new Rokt Payments Marketplace, these businesses can allow payment providers to present relevant credit card and payment-related offers to shoppers as they are about to make a purchase, Rokt...
B2B marketplace Wasoko has moved into Zambia as part of a broader expansion in Africa. “Launching its central hub in Lusaka, Wasoko’s operations will enable small retailers across the city to access an affordable range of products for same-day delivery and working capital financing solely...
Etsy continues to rework its positioning to encourage consumers to think of Etsy as a go-to destination for all things shopping, instead of a niche platform for handmade and vintage items. The company is launching its Wedding Registry experience, in a bid give customers more...
For the online car platforms, the path towards profitability is a bumpy one … … and the macro pressures are hardly in the rearview mirror. Earnings commentary from some of the major players in the space show that revenues have fallen as the retailers have...
One would assume that bargain shoppers would be driving the resale market, but that’s what you get when you assume. According to thredUP’s Q1 2023 earnings report, the marketplace is resonating with premium buyers, not bargain shoppers. According to James Reinhart, the CEO and co-founder...
Introduction: Cross-border eCommerce involves millions of transactions spanning multiple markets, acquirers and issuers, which combined together can significantly increase the occurrence of failed transactions. That, in addition to local payment preferences and varying regulatory landscapes from one market to another can create numerous points of...
