E-Commerce

PPRO announces 85% volume growth despite pandemic, accelerates plans with new investment from Sprints and Citi

PPRO, the world’s leading local payments platform-as-a-service, reports today an 85% increase in transaction volume from last year, highlighting the exponential opportunities for cross-border e-commerce amidst the COVID-19 pandemic. Due in part to a massive digital shift in e-commerce consumer behaviour, PPRO is now processing an annual run rate of USD 9bn in payment transaction volume. Read more »

Tryzens and Ordergroove partner to expand market access to world class relationship commerce capabilities

Relationship Commerce provider Ordergroove and digital commerce consultancy Tryzens have partnered to enable retailers, manufacturers and direct to consumer brands to provide flexible and frictionless customer experiences for repeat transactions such as subscriptions, memberships and predictive reordering. With subscribers spending on average 60% more over the next six months than non-subscribers, relationship commerce has become Read more »

ACI Worldwide and Arvato Financial Solutions partner to combat eCommerce fraud

ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time electronic payment and banking solutions, today announc Read more »

Bits of Stock launches "Stock Back" program with Button

Users can earn Bits of Stock™ when shopping with leading brands powered by Button’s technology. Button, the leading mobile commerce platform, today announced its partnership with Bits of Stock, the brand loyalty and investment app, to enable its users to discover in-app brand offers, shop, and earn fractional shares of stock. Through this integration, Bits of Stock can better target users to drive repeat purchases and increase engagement,... more Read more »

ACI Worldwide and Three UK team up to combat eCommerce payments fraud

ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time electronic payment and banking solutions, today announced it is extending its partnership with Three UK to combat eCommerce fraud, which has increased during the Covid-19 pandemic. Read more »

Alipay dishes out digital coupons to 10 million SMEs since 1 July

Alipay, the leading daily life services platform operated by Ant Group, today unveiled new data on how it is facilitating the digitalization of service providers via digital coupons as they continue to resume regular business operations. The initiative, first launched on July 1, has attracted participation from over 10 million small and micro businesses across China. Read more »

E-commerce flourishes on the Faroe Islands

The corona crisis has matured the Faroese e-commerce market. Now, Danish fintech Clearhaus and local gateway Terminal.fo are joining forces to make Faroese online stores easier and faster. The Faroe Islands are currently experiencing a boom in the number of online businesses. Thus, the Faroese payment gateway Terminal.fo is now entering into a partnership with the Danish fintech Clearhaus to increase the speed of setting up online stores. Read more »

TrueCommerce announces purchasing integration for Sage X3

TrueCommerce, a global provider of trading partner connectivity and integration solutions, has announced its enhanced purchasing integration for Sage X3. The new solution helps organizations seamlessly connect and integrate core business documents with their vendor community.  Read more »

UK eCommerce Sales Rise 20 Percent in June - Largest Increase Since Start of COVID-19 Lockdown Restrictions

The UK saw a steep jump in eCommerce sales in June 2020 — up 20 percent compared to June last year, the largest increase since the beginning of the Covid-19 lockdown restrictions, according to an analysis of hundreds of millions of transactions by global payments software company ACI Worldwide (NASDAQ:ACIW). Read more »

Klarna unveils ‘KlarnaSense’ - A new initiative to encourage smarter shopping

Klarna has today launched KlarnaSense, a new initiative to encourage consumers to shop smarter by purchasing the right things, at the right time. Our brains consume and process approximately 11 million pieces of information per second in order to make a decision – all of this subconsciously.  Those decisions are effortless and quick, but far from considered, and can lead to impulse buying. Read more »

Klarna & BigCommerce research highlights shopper journey fragility

Four in ten UK shoppers (38%) abandon a purchase at least once a week, with a fifth (21%) claiming to do so more regularly. That’s according to new research by Klarna and BigCommerce, published today with a call for retailers to prioritise shoppers’ most fundamental needs for the sake of their bottom line as the UK heads towards a recession.  Read more »

Kooomo launches state-of-the-art AI Chatbot

Following the launch of its new Help Centre, digital eCommerce solutions specialist, Kooomo has created an online Chatbot designed to help users and stakeholders find the information they are looking for quickly and easily. Utilising the latest in AI technology, Kooomo is the first eCommerce platform to provide this kind of assistance for admins, giving users greater independence to enhance the overall customer experience. Read more »

eCommerce sustainability: managing your responsibilities

As the retail industry settles into the ‘new normal’, eCommerce platform Kooomo advises on why sustainability still needs to be top of the agenda Read more »

The Virtual Showroom adds a new dimension to eCommerce

The virtual showroom is a new way of showing and selling products and services to buyers and businesses, and while it comes from the world of B2C fashion, it’s promising to revolutionise B2B too. This is according to digital eCommerce solutions specialist, Kooomo, which has employed this modern technology to overcome the limitations of Coronavirus - which continues to impose itself on retail sales both on and offline. Read more »

Ingenico takes Russian eCommerce by storm reaching 1 billion USD in transactions in the first 18 months

Ingenico Group (Euronext: FR0000125346 - ING), the global leader in seamless payments, today reveals that within 18 months of going live, its Russian Payments Solution has outperformed all expectations with impressive payment volumes and customer adoption. Read more »

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