PYMNTS

FEBRUARY 18, 2020

IKEA Dubai is launching a campaign that will let shoppers use their time as currency by showing their Google Maps timeline to checkout workers to show how long it took them to travel to IKEA stores, Forbes reported. The “time currency” prices are reportedly based on the average salary in Dubai.

Currencies 79

Currencies Forecasting eCommerce Retail 79

PYMNTS

OCTOBER 6, 2020

Lilia Metodieva , managing director at Monneo , told PYMNTS platforms that link solution providers, partners, banks and merchants together can help speed that pivot toward eCommerce with agility as consumer buying patterns remain fluid — and digital. and FX Payments in 134 currencies. But eCommerce, she said, is a different story.

eCommerce 94

eCommerce Banking Compliance Currencies 94

PYMNTS

DECEMBER 21, 2020

While it initially focused on currency in online checkouts, the company has branched out to work on checkout and fraud detection, integrating with companies like Shopify , Magento , BigCommerce , WooCommerce and Salesforce Commerce Cloud , according to the the report. Data from the IBM U.S. billion, the report says.

eCommerce 98

eCommerce Valuation Currencies Accounting 98

PYMNTS

OCTOBER 1, 2020

It’s a loyalty program overhaul that Visa and Novae say makes them the first to market with a working digital currency based on converted loyalty points. We've seen a huge shift toward eCommerce, and [in] the loyalty space it's pretty much the same thing,” McCarthy told PYMNTS. “We Today we're managing our own currency, which is miles.

Currencies 93

Currencies eCommerce Planning Banking 93

PYMNTS

APRIL 7, 2020

The Tracker also investigates how FIs are adopting APIs to support everything from currency conversions to loan disbursements. Deutsche Bank recently released an API that Sri Lankan businesses can use to connect their eCommerce direct sales platforms with the bank’s foreign exchange (FX) offering. Around The B2B API World.

eCommerce 63

eCommerce Banking Foreign Exchange B2B 63

PYMNTS

AUGUST 3, 2020

The store marks a new chapter in retail technology, social retail and social currency all at the same time. The Burberry-Tencent venture could be the most high-profile use of social currency in retail. Social media platforms such as Instagram account for one-third to one-half of all eCommerce transactions in Thailand.

Currencies 50

Currencies Retail eCommerce Accounting 50

PYMNTS

MARCH 29, 2019

Russia-based electronic payments company Yandex.Money is rolling out new multi-currency services with an eye on freelancers. In a press release issued Thursday (March 28), the company announced the launch of accounts and cards that support payments and transactions in multiple currencies, including U.S.

Currencies 49

Currencies B2C B2B eCommerce 49

PYMNTS

NOVEMBER 13, 2018

However, they also expect to be able to pay using the method of their choosing, and in their local currency. While eCommerce may not be a new phenomenon, online and mobile sales continue to grow on an international scale, particularly in developing regions as internet connectivity and mobile usage improves. About The Tracker.

eCommerce 71

eCommerce Currencies Sales Securities 71

PYMNTS

JUNE 3, 2019

PayPal announced on Monday (June 3) the launch of the PayPal Commerce Platform, which is designed to meet the needs of marketplaces, eCommerce solution providers and crowdfunding platforms. The new PayPal Commerce Platform gives any business access to a customizable platform, Ready said.

eCommerce 82

eCommerce Compliance Currencies Finance 82

Global Finance

OCTOBER 16, 2024

Already 70-80% of its 670 million population are active internet users, and there is tremendous opportunity to capture – Asia Pacific’s ecommerce market value is projected to grow to over US$28.9 trillion by 2026, according to the International Trade Administration.

Currencies 105

Currencies Economics Leadership Compliance 105

PYMNTS

SEPTEMBER 13, 2018

Currency hedging has long been a part of global business and trade — but now it is becoming more important thanks to increasing economic and political volatility. Hedging — as in preparing for currency fluctuations and other factors — is something that eCommerce firms need to embrace, too, as another PYMNTS story demonstrates.

Risk Management 40

Risk Management Currencies Foreign Exchange eCommerce 40

PYMNTS

FEBRUARY 5, 2020

Amid the continued shift to eCommerce, peak season is getting redefined to the point that platforms and even countries are “manufacturing” their own huge events spanning borders and currencies. The conversation came as eCommerce is growing five times faster than in-store sales, at a compound annual growth rate of 9.5

eCommerce 67

eCommerce Manufacturing Retail Sales 67

PYMNTS

FEBRUARY 6, 2020

China has been the belle of the ball when it comes to the global potential of eCommerce — for both consumers and businesses — for the better part of the last decade. In Vietnam, that means looking at an exploding eCommerce opportunity. The Next Evolution of Chinese eCommerce .

eCommerce 61

eCommerce Marketing Invoicing Education 61

PYMNTS

OCTOBER 10, 2019

Global payments firm Ingenico Group is launching a suite of payment methods to help eCommerce firms operating in China, the company announced in a press release on Thursday (Oct. China is the world’s largest eCommerce market and has a 57 percent internet penetration rate, which represents 25 percent of global internet users, Ingenico said.

eCommerce 64

eCommerce Currencies Retail Marketing 64

PYMNTS

AUGUST 29, 2018

The currency decline continues: The Swedish krona fell Wednesday (Aug. The decline comes amid political uncertainty in that Nordic country, the prospect of a widening trade war that could hurt it and increasing attention to the benefits of currency hedging among commerce and payments businesses. Such lows were last seen in 2009.

Currencies 46

Currencies Foreign Exchange Profit and Loss Banking 46

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 5, 2020

Former BoF Gov: Central Bank Coin Currency At Least A Decade Away. Privacy and monetary policy issues are causing regulators to tread carefully in launching electronic currencies. CyberSource: Helping Merchants Prepare For eCommerce ‘Mini Peaks’. eCommerce Search Merger Aims To Address Amazon Pressure Cooker.

Currencies 52

Currencies Banking Restructuring eCommerce 52

PYMNTS

JUNE 5, 2017

Russia is getting more into digital currency with the central bank in the country launching tests of several digital currency schemes. “Regulators of all countries agree that it’s essential to develop a national digital currency, that it is the future,” Skorobogatova said.

Currencies 40

Currencies Banking Startups eCommerce 40

PYMNTS

MAY 17, 2018

Square CEO Jack Dorsey has an idea about digital currency, PayPal might make a big move, and smart fridges are becoming tastier options for consumers. Grocery And eCommerce Push Walmart’s Earnings Win. Jack Dorsey Advocates Internet Currency. Square CEO Jack Dorsey thinks that the internet deserves a “native currency.”

eCommerce 43

eCommerce Currencies Valuation Retail 43

PYMNTS

SEPTEMBER 13, 2018

That’s to say nothing of the risk associated with currency fluctuations — a persistent worry, to be sure, but one that’s increasing, thanks to such factors as a strong U.S. They think “currency levels will eventually come back to foundational levels,” he said. dollar, trade wars and global political tensions. dollar and other factors.

Currencies 40

Currencies Risk Management Economics eCommerce 40

PYMNTS

JANUARY 30, 2019

Payments messaging company SWIFT said it will test gpi Link, “a gateway to interlink eCommerce and trading platforms with the SWIFT gpi payment service.”.

eCommerce 60

eCommerce Treasury Currencies Securities 60

PYMNTS

OCTOBER 24, 2019

A new survey has found that the biggest obstacles hindering online retailers from doing business abroad is fraud prevention, and currency and payment processing. retailers ship outside the country due to fraud concerns, as well as the challenge of accepting foreign currencies and payments.

Currencies 40

Currencies Retail Sales eCommerce 40

PYMNTS

DECEMBER 29, 2020

To serve eCommerce companies’ needs, as transactions continue to shift online, banking needs to go digital, too. The network facilitates transactions across regional payment schemes and about 130 currencies, and regulatory and compliance tasks are streamlined and automated. Adapting To eCommerce .

Numbers 115

Numbers Accounting Banking Currencies 115

PYMNTS

MAY 4, 2017

Cross-border payments company Transpay is expanding with new global currencies supported by its platform. The company announced Wednesday (May 3) that it supports 11 settlement currencies that can be used to fund companies’ Transpay accounts, negating the need to convert funds before a transaction is initiated.

Currencies 40

Currencies Valuation CFO eCommerce 40

PYMNTS

MAY 22, 2020

In today’s top news, China has opted not to set any economy growth forecast amid the uncertainty caused by the pandemic, and Dubai is creating a free trade zone for eCommerce. Dubai Creating $870M Free Trading Zone For eCommerce. Comptroller of the Currency Joseph Otting will step down from his post on May 29.

eCommerce 52

eCommerce Forecasting Economics Currencies 52

PYMNTS

FEBRUARY 6, 2020

In today’s top payments news, Stripe and Lightspeed team up to advance in-store and online payments for retailers and restaurants, the Federal Reserve weighs the costs and benefits of a digital currency and the Reserve Bank of Australia considers stopping banks from automatically routing “tap and go” payments through Visa and Mastercard.

Currencies 52

Currencies B2B Retail Banking 52

PYMNTS

NOVEMBER 15, 2018

At the same time that bitcoin’s market cap was falling, rival digital currencies Ripple XRP and Ether were battling it out for the second-place spot in terms of digital currencies. Berkshire has around 9 percent stakes in Bank of America and Wells Fargo, and is the top investor in both companies. Bitcoin Drops Below $6,000.

eCommerce 74

eCommerce Planning Currencies Valuation 74

PYMNTS

MARCH 31, 2017

Cross-border B2B payments company eNett International is expanding its reach by adding support for more currencies. The company said Thursday (March 30) that it will add the Mexican peso, Russian ruble and Turkish Lira to its currency suite in support of cross-border B2B payments for the travel industry.

Currencies 44

Currencies B2B eCommerce Numbers 44

PYMNTS

OCTOBER 10, 2018

As part of the agreement, First Data and BlueSnap said they will collaborate to roll out BlueSnap’s eCommerce services to First Data’s bank and distribution partners. “As Breaking that down a bit, GBS was up 8 percent on the same organic basis, with that segment at the largest contributor to the top line, at $1.4 billion.

eCommerce 65

eCommerce Currencies Financial Data Securities 65

PYMNTS

NOVEMBER 12, 2019

China is making privacy allowances for digital currency , which faces a new foe in the U.S. Former Fed Chair: Central Banks Have No Reason To Issue Digital Currencies. 12) that central banks have no reason to issue digital currency. 12) that central banks have no reason to issue digital currency. Former U.S.

Currencies 40

Currencies Leverage Technology eCommerce 40

PYMNTS

AUGUST 19, 2016

Russia’s love-hate relationship with digital currency continues. Now, Russia has overcome its fears and has opened the first digital currency exchange. The new exchange will provide 24/7 currency exchange services and, according to News BTC , the Russian exchange is an actual office. Try Synthetic Currency.

Currencies 44

Currencies eCommerce Technology Startups 44

PYMNTS

JUNE 2, 2020

Plutus , a British FinTech startup, is providing rewards via its credit card to customers who buy from the eCommerce store of Nike , Cointelegraph reported. The rewards are made with Pluton, the native digital currency of the company. Users can receive additional rewards by staking their digital tokens through the company’s app.

Currencies 113

Currencies eCommerce Startups Economics 113

PYMNTS

APRIL 30, 2020

The international eCommerce market grew to $412 billion by the end of 2019 — a 4 percent improvement over the previous year. Buyers used local payment methods for 77 percent of worldwide eCommerce in 2019, and that figure is projected to reach 82 percent by 2024. Cards can be critical to serving the U.K.

eCommerce 52

eCommerce Invoicing Compliance Currencies 52

PYMNTS

JANUARY 30, 2019

Payments messaging company SWIFT said it will test gpi Link, “a gateway to interlink ecommerce and trading platforms with the SWIFT gpi payment service.”.

eCommerce 46

eCommerce Treasury Currencies Securities 46

PYMNTS

JUNE 12, 2018

Walmart’s pursuit of eCommerce growth also demonstrates a willingness to rise to meet the growing consumer demand for convenience. We’re thinking about time as a currency, just like money.”. “Saving people money is still core to what we do, but tech creates a new lane for us to save people time, too.

Currencies 49

Currencies Retail Investments Numbers 49

PYMNTS

JUNE 28, 2016

The Brexit toll could extend well beyond the borders and currency and political issues dominating markets at present. Add eCommerce to the mix of uncertainty and possibly, casualties. billion, which translates to $44 billion in lost eCommerce sales. s expected increase of £33.4 billion to £173.6 s expected increase of £33.4

eCommerce 41

eCommerce Sales Currencies Marketing 41

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. . The banks need to be connected to the eCommerce world.

B2B 98

B2B Currencies eCommerce Compliance 98