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

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

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

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

JULY 4, 2017

According to the latest findings of the European Ecommerce Report 2017 , it is a good time to be selling online in Europe — especially since online retail growth has been “exponential” over the last several years. During 2016 alone, eCommerce activity increased by 15 percent to €530 ($602 billion U.S.,

eCommerce 71

eCommerce Retail Sales Forecasting 71

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

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

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

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

MAY 13, 2020

The bad actors are eyeing eCommerce and specifically card not present transactions as promising attack vectors. In terms of mechanics, the tokens replace cardholders’ 16-digit Visa account numbers with tokens that only the payments network can unlock for one-time or recurring transactions.

eCommerce 100

eCommerce Securities Manufacturing Technology 100

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

JUNE 14, 2019

A number of retailers have recently seen a surge in eCommerce sales. And during the first quarter of fiscal 2019, Target said its same-day delivery service, curbside and in-store pickup accounted for more than half of its 42 percent eCommerce sales growth, as well as 25 percent of same-store sales growth.

eCommerce 59

eCommerce Retail Sales Leverage 59

PYMNTS

NOVEMBER 8, 2019

Fraudsters are wily, striving to stay one step ahead of authentication protocols and other efforts to stop bad actors from compromising consumers’ accounts. Merchants and eCommerce firms are grappling with an ever-increasing amount of data – much of it unstructured – as they seek to find patterns and red flags that signal fraudulent activity.

eCommerce 40

eCommerce Accounting Numbers Securities 40

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

FEBRUARY 1, 2019

Earnings, earnings everywhere, and so what do the numbers tell us? Across eCommerce, across payments giants, across social media, the last several days have been a deluge of data. Through the end of the year the company had 242 million accounts tied to those who use them at least 37x annually, up 9 percent. Revs of $72.4

Numbers 46

Numbers Advertising Currencies Accounting 46

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

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

SEPTEMBER 9, 2019

The DHL Africa eShop has expanded to include 13 more countries, bringing the total number of supported countries on the continent to 34, according to a report by TechCrunch. Chris Folayan, DHL partner MallforAfrica’s CEO, said the eShop brings eCommerce capabilities right to African doorsteps. .

eCommerce 46

eCommerce Retail Numbers Accounting 46

PYMNTS

JANUARY 17, 2017

And for that reason, credit bureaus, financial institutions and even eCommerce sites find they must look elsewhere for verifiable data or risk overlooking good but “thin-filed” consumers, including millennials. Is the phone number the future SSN?” People give out their mobile numbers right and left, so everyone knows it.

Numbers 45

Numbers eCommerce Compliance Accounting 45

PYMNTS

APRIL 28, 2017

India has been the next bastion of growth for eCommerce companies, including Amazon and Alibaba, but the market is still in its infancy, accounting for just 1 percent of the world’s spending online. The number of people using the internet is also lower than China, where Seeking Alpha said the penetration rate stands at 52 percent.

eCommerce 62

eCommerce Numbers Retail Marketing 62

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

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 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

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

APRIL 28, 2017

India has been the next bastion of growth for ecommerce companies including Amazon and Alibaba but the market is still in its infancy, and accounts for just 1 percent of the world’s spending online. The number of people using the internet is also lower than China where Seeking Alpha said the penetration rate stands at 52 percent.

eCommerce 43

eCommerce Numbers Retail Marketing 43

PYMNTS

FEBRUARY 19, 2018

The newest PYMNTS eBook is full of expert insight into the future of B2B payments, from commercial cards to accounts receivable. This week’s B2B Data Digest pulls some of the highlights from that eBook and serves up the numbers behind the forecasts. — $20 trillion: the expected valuation of the B2B payments market.

Numbers 40

Numbers Forecasting B2C B2B 40

PYMNTS

MAY 2, 2017

It’s on the rise in the eCommerce arena, according to data released from omnichannel commerce technology and operations company Radial’s eCommerce Fraud Technology Lab. Credit card testing means that stolen credit card numbers are tested with small purchases to ensure the account is valid prior to a larger purchases.

eCommerce 60

eCommerce Entertainment Auditing Retail 60

PYMNTS

OCTOBER 19, 2016

The trends in the Chinese cross-border ecommerce market represent a huge opportunity for small businesses, according to Cleveland Brown, CEO of Payscout, a global payments provider. Here are the numbers. $1 Entrepreneurs take note. 70% | The growth in cross-border digital shopping in China in 2015.

eCommerce 61

eCommerce B2C Numbers Accounting 61

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

JULY 9, 2018

The idea is that such platforms are essentially plug-and-play, with the ability to hook into the kinds of eCommerce platforms that merchants already use, such as Shopify , Magento and WooCommerce. Of that number, vehicle service contracts accounted for $17 billion, but other products and devices brought in $23 billion.

eCommerce 50

eCommerce Retail Startups Numbers 50

PYMNTS

APRIL 27, 2016

Finding technology and eCommerce to be a natural marriage, Pitney Bowes continues to expand from the former into the latter. Yesterday (April 26), the company announced the launch of a cloud-based payments engine that integrates with third-party shipping and eCommerce platforms.

eCommerce 40

eCommerce Invoicing Communication Numbers 40

PYMNTS

APRIL 25, 2016

Reports on Friday (April 22) said Handshake has launched the mobile version of its B2B eCommerce service, meaning wholesalers and suppliers can link to potential buyers on mobile phones and tablets. Handshake Direct Mobile will first see a release for Apple iOS devices, with a launch for Google Android hardware later this year, reports said.

B2B 40

B2B eCommerce Invoicing Accounting Firms 40

PYMNTS

OCTOBER 23, 2017

Can fraudsters still take over her accounts? “Of Ersell’s organization specializes in credit card and eCommerce fraud (including account takeover), which calls for different skills and strategies than, say, hacking into merchants’ websites. Webster noted that she always gets her flu shot, but sometimes she still gets the flu.

Accounting 53

Accounting eCommerce Profit and Loss Securities 53

PYMNTS

JULY 11, 2016

Blue Acorn , the company that says it uses “data to turn eCommerce into science,” is cutting an undisclosed number of jobs but says its business is still growing, according to The Post and Courier of Charleston, South Carolina. million, a 386 percent growth over three years.

eCommerce 40

eCommerce Numbers Accounting Retail 40

PYMNTS

FEBRUARY 2, 2018

Alibaba is leading the movement for elder-friendly eCommerce. This week, it announced a version of its Taobao shopping app that specifically caters to this demographic, with a larger interface and the ability to link to a relative’s account so that the user’s children can help view and pay for products if needed.

eCommerce 47

eCommerce Investments Numbers Accounting 47

PYMNTS

JUNE 18, 2020

85%: Proportion of retail sales that stores accounted for as of 2019. 9M: Number of customers Afterpay has attracted since its U.S. Data: . 15,000: Minimum count of merchants or brands that are offering or plan to offer BNPL. 56%: Share of Australian BNPL consumers who are between the ages of 14 and 34.

Retail 52

Retail eCommerce Economics Sales 52

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