PYMNTS-MonitorEdge-May-2024

ecommerce

eCommerce (also known as electronic commerce) is a process of buying and selling of products or services, making money transfers, and transferring data over an electronic medium (Internet). This network allows people to do business with no barrier of distance and time.

Lenovo Adds Klarna’s Flexible Payment Methods in 15 European Countries
Lenovo Adds Klarna’s Flexible Payment Methods in 15 European Countries
November 22, 2024  |  BNPL

Global technology firm Lenovo now enables shoppers in 15 European countries to use Klarna’s flexible payment methods for purchases on Lenovo.com. This offering includes Klarna’s interest-free buy now,...

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Gap’s ‘Brand Reinvigoration’ Focus Turns to In-Store and Online Experiences
Gap’s ‘Brand Reinvigoration’ Focus Turns to In-Store and Online Experiences
November 22, 2024  |  Earnings

Gap Inc. is refining both its digital and in-store channels as it works to reinvigorate its apparel brands. The parent company of Old Navy, Gap, Banana Republic and Athleta...

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Two-Thirds of Digital Wallet Users in France Use Them for Everything but Payments
Two-Thirds of Digital Wallet Users in France Use Them for Everything but Payments
November 22, 2024  |  Mobile Wallets

Digital wallets are becoming essential tools for French consumers, especially as the country embraces the convenience of mobile payment solutions. In the past year, 38%...

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Why Complexity Is the Enemy of the Sale
Why Complexity Is the Enemy of the Sale
November 22, 2024  |  Buy Now Pay Later

Even with the continued shift to digital payments and the plethora of payment options, there are still stumbling blocks in commerce. Complexity is the enemy...

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Report: OpenAI Considers Adding Web Browser and Search Partnerships
Report: OpenAI Considers Adding Web Browser and Search Partnerships
November 21, 2024  |  artificial intelligence

OpenAI reportedly has considered developing a web browser and powering search features for partners as it looks to expand its reach. The potential web browser...

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Amazon Marketplace Could Reportedly Face EU Antitrust Case in 2025
Amazon Marketplace Could Reportedly Face EU Antitrust Case in 2025
November 21, 2024  |  Amazon

European regulators are reportedly set to investigate whether Amazon’s marketplace favors its branded products. The European Union (EU) investigation is “likely” to come next year,...

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Amazon vs Walmart Holiday Battle May Come Down to Loyalty Programs
Amazon vs Walmart Holiday Battle May Come Down to Loyalty Programs
November 21, 2024  |  Retail

As the holiday shopping season approaches, the competition between retail giants Walmart and Amazon intensifies, shaping the eCommerce landscape. Both companies have established themselves as...

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App Provider Rankings: Ulta Beauty Revamps Digital Strategy to Boost Engagement
App Provider Rankings: Ulta Beauty Revamps Digital Strategy to Boost Engagement
November 21, 2024  |  Retail

With the shopping season upon us, PYMNTS’ App Provider Rankings take a peek into shopping apps. And what we found were some strategies paying dividends...

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Instacart CEO Focuses on Grocery Partnerships as Firm’s Value Drops
Instacart CEO Focuses on Grocery Partnerships as Firm’s Value Drops
November 21, 2024  |  Retail

Instacart’s CEO is focusing on grocery partnerships amid investor skepticism. Fidji Simo discussed these efforts in an interview with Bloomberg’s The Circuit With Emily Chang, set to air Thursday...

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