PYMNTS

MAY 19, 2020

The pandemic has spurred any number of efforts across various countries to restart economies as they emerge from lockdown. For India, in particular, the coronavirus has exposed some challenges for eCommerce giants such as Flipkart and Amazon – and now, there’s a new initiative to spur consumers to “buy local.”.

eCommerce 86

eCommerce Economics Retail Numbers 86

PYMNTS

NOVEMBER 6, 2018

Before Michael Krakaris co-founded an online fulfillment platform for eCommerce merchants, he learned firsthand how companies could reinvent messy spaces with software. After working for that firm, Krakaris went to an eCommerce company that built websites for brands.

eCommerce 89

eCommerce Math Retail Leverage 89

PYMNTS

MARCH 6, 2020

Walmart is apparently working hard at restructuring itself to win, particularly in regards to how it manages it growing its eCommerce business — operationally and logistically. But how does it look by the numbers? eCommerce retail sales. Taken as a total, Walmart accounted for 2.7 percent of eCommerce sales.

Numbers 77

Numbers eCommerce Healthcare Sales 77

PYMNTS

APRIL 13, 2020

While scammers and speculators are proliferating throughout the eCommerce ecosystem, trying to gain from a bad situation, businesses now have the ability to add on layers of defense. Savvy resellers know how to make more than one email address, he said, and thus will simply hit the same sites under a number of aliases to skirt buying caps.

Securities 129

Securities eCommerce Concentration Accounting 129

PYMNTS

DECEMBER 24, 2020

The numbers speak for themselves. eCommerce spiked because consumers demanded it and drove it. Adore Me, for example, was a thriving eCommerce brand before the pandemic. As seen in the opening flurry of numbers, consumers weren’t leaving home to shop. D2C Explodes. Malls And Department Stores Get Hit.

Retail 118

Retail eCommerce Numbers Transportation 118

PYMNTS

FEBRUARY 10, 2020

The jousting over eCommerce taxes — especially for U.S. Last week in India, the government proposed a tax on eCommerce transactions that will likely increase operating costs for sellers large and small. The tax, technically known as “Tax Deducted at Source” (TDS), is sent directly to an account held by the central government.

eCommerce 70

eCommerce Banking Sales Retail 70

PYMNTS

OCTOBER 7, 2020

The eCommerce industry is expected to generate $4.5 Fewer than 1 million of the 24 million eCommerce sites on the internet generate more than $1,000 a year, with the remainder consisting of minuscule online merchants that struggle to survive. Exploiting eCommerce Payment Providers.

eCommerce 68

eCommerce Retail Accounting Leverage 68

PYMNTS

JULY 30, 2020

Shopify also reported earnings that reflected the expanding digital shift for consumers, with the company noting a rise in the number of stores on its platform and consumer spending at those merchants. Data: 50K: Minimum number of users who attended the Shopify Reunite virtual event. All this, Today in Data.

eCommerce 76

eCommerce Banking Numbers Accounting 76

PYMNTS

JUNE 16, 2020

Using Remitr’s Global Business Accounts (GBA), small- to medium-sized businesses (SMBs) in Canada can access unique accounts in U.S. dollars, British pounds and euros as well as routing numbers to help with the cumbersome costs and time it takes to do business internationally.

Accounting 64

Accounting Currencies eCommerce Banking 64

PYMNTS

JUNE 3, 2020

There are a number of areas where the fraud threat has increased this year and where we have seen an increasing trend — and the current situation with COVID-19 has added to it,” he told PYMNTS. But, according to Tharle, “there are a number of new technologies coming down the pipe that will mitigate some of this.”.

eCommerce 71

eCommerce Leverage Securities Numbers 71

PYMNTS

MARCH 10, 2020

To solve the healthcare payments puzzle — look to eCommerce. Transparency is a boon in an age where, as Webster noted, paper billing statements still dominate and there is any number of mailings that create confusion and even trepidation. People just like to think there is.”.

Healthcare 80

Healthcare eCommerce Planning Sales 80

PYMNTS

JANUARY 10, 2019

Some might think of eCommerce as a global force, where technology underpins transactions done 24/7, and where even the smallest businesses can see significant top-line gains as they tap new markets. Chinese companies have to work with banks and regulators, increasingly on a daily basis, as they pursue outbound eCommerce.

eCommerce 63

eCommerce Compliance Currencies Education 63

PYMNTS

NOVEMBER 6, 2020

As eCommerce and B2B payments expand across borders, time zones and currencies, virtual international bank account numbers (IBANS) can pave the way for firms to capture online sales efficiently — and bypass the frictions of traditional banking relationships. . Customizing The Accounts. .

B2B 98

B2B Currencies eCommerce Compliance 98

PYMNTS

JANUARY 19, 2021

Olivier Schott , co-founder of Scalefast , told PYMNTS that many firms pivoting to eCommerce channels may not have the resources on hand to meet those challenges. When you have local bank accounts, you can have local acquire, which will increase your acceptance rate,” Schott said.

eCommerce 128

eCommerce Compliance Invoicing Retail 128

PYMNTS

AUGUST 17, 2020

What we see in those numbers are the glimmers of a “V-shaped” recovery in those segments where consumers really value and want to return to the physical retail experience – with restaurants leading every other sector. Using those models, the trailing 12-month, non-adjusted, online retail sales numbers show an increase of 31.4

eCommerce 134

eCommerce Retail Sales Numbers 134

PYMNTS

FEBRUARY 27, 2020

In an effort to boost revenue after disappointing Q4 earnings, Office Depot is turning its attention to business-to-business (B2B) and eCommerce, according to reports. The Business Solutions Division and CompuCom account for about 60 percent of Office Depot’s total sales, the article said. “In

B2B 60

B2B eCommerce Healthcare Investments 60

PYMNTS

SEPTEMBER 18, 2020

But getting funds settled more quickly into their accounts can make all the difference in giving them the cash cushions they need to expand, weather economic shocks and even get their suppliers paid in a timely manner.

Sales 141

Sales Prioritization eCommerce Invoicing 141

PYMNTS

MAY 9, 2019

So it is with accounts payable (AP), as Chen Amit, CEO of Tipalti , told PYMNTS in a recent interview. Accounts payable is the ‘lost child’ hidden in business workflows,” said the executive. “I Of accounts payable in general, he said, “it’s a cumbersome process. Cash management becomes less art than science.

Accounts Payable 70

Accounts Payable Accounting Finance Cash Management 70

PYMNTS

DECEMBER 28, 2020

Take that period out to the “75 Days Of Christmas” and that number goes up to 3 percent. Mastercard’s Steve Sadove, senior advisor and former CEO of Saks called it a “healthy” number. Digital-first economy: The Mastercard report showed eCommerce accounted for 19.7 The number was also higher than many expected.

eCommerce 104

eCommerce Retail Sales Advertising 104

PYMNTS

OCTOBER 14, 2020

Retailers therefore have to determine the number of speed bumps their customers are willing to put up with as well as the special features they can offer to encourage shoppers to overlook these minor inconveniences. . Fighting fraud . Zulily’s business model focuses on promoting products through different daily sales.

eCommerce 60

eCommerce Securities Accounting Retail 60

PYMNTS

AUGUST 5, 2020

In the current environment, of course, the pandemic decimated foot traffic across any number of verticals — restaurants and retailers come to mind, of course. If consumers have accounts with a particular bank, they can pour coins into the kiosk and conduct a direct-to-account bank deposit. The Brick-And-Mortar Component.

Currencies 135

Currencies Advertising Numbers Accounting 135

PYMNTS

SEPTEMBER 21, 2020

Artificial intelligence (AI) can improve the eCommerce experience – not just in terms of warding off fraud, but also in making sure payments can be processed efficiently and that the most effective payment gateways are accessed. Merchants, quite logically, want to keep transaction conversion rates high.

eCommerce 124

eCommerce Currencies Securities Leverage 124

PYMNTS

JANUARY 6, 2021

In September, PYMNTS reported that the market, like many others, was beginning to shift into a digital mode for more eCommerce ability, according to Chief Digital and Innovation Officer Darren MacDonald. eCommerce was a fast-growing channel for pet-related shopping even before the pandemic, making $12.2 billion.

Valuation 102

Valuation eCommerce Forecasting Numbers 102

PYMNTS

SEPTEMBER 4, 2020

But in other ways, it was business as usual, as the two biggest retailers in the world – Walmart and Amazon – posted stellar earnings numbers and competed in more muted ways for the U.S. percent for eCommerce. The eCommerce giant accounted for 3.2 The eCommerce giant accounted for 3.2 percent overall and 10.2

Retail 99

Retail eCommerce Sales Numbers 99

PYMNTS

FEBRUARY 21, 2020

There is plenty of opportunity as B2B eCommerce is expected to reach $1.1 This month’s Deep Dive examines the key fraud forms threatening B2B eCommerce as well as the strategies being implemented to overcome them. eCommerce forces vendors to trust strangers they may never meet. The Sizable Online Fraud Threat.

B2B 61

B2B eCommerce B2C Securities 61

PYMNTS

SEPTEMBER 30, 2020

Merchants are optimizing their eCommerce operations, but this is posing challenges for some, including luxury merchants. Luxury retailers are also targeting millennial and Generation Z consumers to expand their customer bases, with one report showing that millennials accounted for 35 percent of high-end retail purchases, for example.

Planning 111

Planning eCommerce Retail Leverage 111

PYMNTS

JANUARY 25, 2021

The company is betting that all kinds of companies — from FinTechs to eCommerce providers to wealth management platforms and iGaming operators — will adopt PayDirect to facilitate account verification, instant account funding, online payments and instant withdrawals. The challenge is in getting merchants and customers to try it.

Banking 120

Banking eCommerce Numbers Accounting 120

PYMNTS

JUNE 24, 2020

While web users have harnessed eCommerce in numbers that haven’t been seen before amid the COVID-19 heath crisis, eMarketer forecasts the worldwide retail online shopping sales will slow down to a 16.5 percent of retail sales, Western Europe will account for 16.2 percent growth rate this year down from 20.2 percent in 2019.

Sales 94

Sales Forecasting eCommerce Retail 94

PYMNTS

AUGUST 5, 2020

A plethora of new digital shoppers are driving such numbers, Horton said, and many of them are older consumers who had been sitting out digital commerce until COVID-19 hit but are now pivoting decisively toward it. He added that the bad guys aren’t just looking for the card numbers that cybercriminals of yesteryear sought.

Securities 106

Securities Prioritization Numbers eCommerce 106

PYMNTS

NOVEMBER 23, 2020

Since last year eCommerce sales are up 36.7 percent, and websites run by traditional brick-and-mortar shops are expected to be included in those numbers. That said, the NRF has observed what it calls a “V-shaped” recovery for retail sales in general, seeing growth both month-over-month and year-over-year since June.

Sales 100

Sales Retail eCommerce Numbers 100

PYMNTS

JUNE 24, 2020

As the world must go increasingly digital — perhaps permanently — people who had resisted the great shift to eCommerce have had to make the leap. For financial institutions (FIs), there’s the increased attention that must be paid to digital onboarding and card account openings that can be co-opted by bad guys. Ready or not.

Leverage 104

Leverage Securities Banking Numbers 104

PYMNTS

MAY 8, 2020

Drill down into the numbers, and the term “falling off a cliff” comes to mind, as healthy transaction and sales volumes at key merchant customers faced massive headwinds — and only now are starting to show a bounce off their nadirs. million net new accounts in the month and 10 million in the quarter. and 20 percent globally.

eCommerce 98

eCommerce CFO Sales Retail 98

PYMNTS

JULY 17, 2020

The ‘shove’ toward eCommerce means more businesses are offering new digital experiences,” said Brad Wiskirchen , CEO at Kount. “That includes memberships, accounts, loyalty points and more … each representing a unique area of the customer experience that should be protected.”. Opportunities: New Channels of eCommerce.

eCommerce 89

eCommerce Securities Accounting Retail 89

The Finance Weekly

NOVEMBER 8, 2022

As the number and quality of software tools increases, companies are constantly looking to find better ways to cut down on manual work and increase efficiency. Finance is responsible for a large number of critical operations in a business. Finance is responsible for a large number of critical operations in a business.

Financial Planning and Analysis (FP&A) 98

Financial Planning and Analysis (FP&A) Finance Accounts Payable Invoicing 98

PYMNTS

MAY 4, 2020

The country has designated three zones — red, orange and green — based on the number of COVID-19 cases in its 733 districts. Nonessential goods and services will be permitted in green and orange zones, which account for 82 percent of the districts in the country. There are 130 red districts.

eCommerce 63

eCommerce Retail Numbers Accounting 63

PYMNTS

AUGUST 19, 2020

In an interview with Karen Webster, Brian Bogosian , CEO at sticky.io , an integrated eCommerce subscription management and recurring billing platform, said that Apple’s continued push into subscriptions is only one example of the allure of subscription eCommerce, and where it is headed.

eCommerce 115

eCommerce Sales Economics Numbers 115

PYMNTS

NOVEMBER 17, 2020

The number of real-time payments has risen dramatically in recent years, and APP fraud has grown alongside it. They can use fraudulent invoices to scam unsuspecting businesses and consumers or hijack legitimate email correspondence during property transactions to divert funds into the bank accounts of their choosing, for example.

Leverage 89

Leverage Accounting Securities eCommerce 89