As digital commerce evolves, businesses are constantly seeking innovative solutions to enhance their payment processes. And providers are working around the clock to give them exactly that. The emergence of open payment platforms, as one example, represents a significant step forward, offering a more flexible,...
Several dozen World Trade Organization (WTO) countries have signed a sweeping agreement governing global eCommerce. The agreement, adopted Friday (July 26), is the first-ever set of global digital trade rules endorsed by the WTO. It calls for a prohibition on customs duties on electronic transactions...
Amazon turned 30 on July 5th and did something that nearly 70% of all women also say they do on their birthday: They bought themselves a present. On July 4th, the day before their three-decade birthday milestone, it was announced that Amazon would take a...
Mexico-based digital payments/commerce platform Clip has raised $100 million in new funding. The financing comes from investment funds managed by Morgan Stanley Tactical Value, and from “one of the largest, most experienced West-Coast mutual fund managers,” the company said in a news release Tuesday (June...
July 31, 2024
The future of payments and commerce gets closer every day. So close, in fact, that they are becoming intertwined — and embedded. In an era where technology integrates with daily life, the concept of embedded finance is reshaping payments and financial services while transforming both consumer and business interactions with payments. “Embedding [payments and financial […]
July 30, 2024
As digital commerce evolves, businesses are constantly seeking innovative solutions to enhance their payment processes. And providers are working around the clock to give them exactly that. The emergence of...
December 12, 2023
Consumers are using social media to buy products, and apparel, beauty, and food and beverage are the three categories they shop the most. A total of 45.5% of consumers buy...
December 11, 2023
Physical commerce, via face-to-face, card-present payments, is largely a smooth experience, Swee-May Ngeow, vice president of North America client strategy and solutions at Visa, told PYMNTS in a recent interview....
July 28, 2024
Several dozen World Trade Organization (WTO) countries have signed a sweeping agreement governing global eCommerce. The agreement, adopted Friday (July 26), is the first-ever set of global digital trade rules endorsed by the WTO. It calls for a prohibition on customs duties on electronic transactions and also includes rules for the recognition of e-signatures and […]
June 18, 2024
Mexico-based digital payments/commerce platform Clip has raised $100 million in new funding. The financing comes from investment funds managed by Morgan Stanley Tactical Value, and from “one of the largest,...
June 03, 2024
Zara is reportedly bringing its live-shopping broadcasts — already popular in China — to the U.S. The fast fashion brand is aiming for new ways to attract shoppers as sales...
May 24, 2024
Google plans to invest in Indian digital commerce company Flipkart. The move will make Google a minority investor in Flipkart’s latest funding round, which is led by Walmart, Flipkart said in a Friday (May...
