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 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

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

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 eCommerce 115

PYMNTS

SEPTEMBER 21, 2020

As China prepares to debut digital currency, JD.com Inc., one of the biggest eCommerce businesses in China, has partnered with the central bank to advance the technology. CoinTelegraph.com reported the retailer has entered into a partnership with the Digital Currency Research Institute of the People’s Bank of China (PBoC).

Currencies 56

Currencies Banking eCommerce Technology 56

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 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

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

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 Accounting 63

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

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

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 Retail Manufacturing Sales 67

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

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, 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

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

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

CFO News

MAY 18, 2023

The Finance Ministry has clarified that foreign currency payments such as digital subscriptions to publications or goods bought on foreign ecommerce sites through international credit cards will count towards an individual's Liberalized Remittance Scheme (LRS) account and attract 20% tax collected at source (TCS).

Currencies 52

Currencies eCommerce Finance Accounting 52

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 Accounting 124

PYMNTS

JULY 29, 2020

Companies want and need more visibility into cross-border payments, and with the blastoff of eCommerce in 2020, those needs grow daily. Major eCommerce platforms are thus seeking to build merchant loyalty and expand their customer bases by focusing on this sector, per the July report. That’s a sound strategy, but not without risk.

eCommerce 107

eCommerce Currencies Securities Investments 107

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 eCommerce B2B 52

PYMNTS

AUGUST 5, 2020

To that end, as Coinstar CEO Jim Gaherity told PYMNTS, the stage is becoming increasingly set for currency — the literal cold, hard stuff of bills and coins — to be rendered in bits and bytes. As he noted to PYMNTS, “there are people who just enjoy using cash because of its anonymity and lack of being able to be tracked.”.

Currencies 135

Currencies Advertising Numbers Retail 135

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 Banking 105

PYMNTS

NOVEMBER 25, 2020

The age of digital currencies might be fully upon us, but key questions swirl about how to issue and regulate cryptos – especially stablecoins. And in terms of use cases, stablecoins that are global in scope can be useful in cross-border payment transactions and in eCommerce. In a paper that debuted Tuesday (Nov.

Currencies 92

Currencies Banking Economics Compliance 92

PYMNTS

NOVEMBER 26, 2020

As the busy year-end holiday season gets underway, PYMNTS looks at how eCommerce marketplaces around the world are preparing – and faring – in the new digital world order. It’s not possible to look at AsiaPac eCommerce trends without delving into the fast-growing metrics of its largest individual player: China. Asia and China.

eCommerce 113

eCommerce Foreign Exchange Entertainment Sales 113

PYMNTS

AUGUST 7, 2020

While the barriers to reaching an international consumer base are low thanks to innovations in eCommerce, online retailers and merchants still struggle to provide their global consumers with the same payments experience their domestic ones have. Providing Payer Certainty.

Foreign Exchange 120

Foreign Exchange eCommerce Retail Currencies 120

PYMNTS

JUNE 30, 2019

June was a busy month for cross-border payments — done across currencies and time zones, between consumers and corporates. The FX market is efficient for “larger” or dominant currencies such as the euro or the U.S. We just kind of dealt with a system that we knew was inefficient but frustrating,” she remarked.

B2B 109

B2B Currencies Foreign Exchange Transportation 109

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 10, 2020

To get a sense of just how hard it is for cryptocurrencies to gain, well, currency in everyday life, consider bitcoin, perhaps the granddaddy of cryptocurrencies — and still the 900-pound gorilla in the space, with roughly two-thirds of the market cap across the entire sector. Back in May, i2c Inc. The Demographics — And Digital Fiat .

Currencies 129

Currencies Leverage Securities Banking 129

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

APRIL 29, 2020

Crafting streamlined eCommerce checkouts for international customers requires merchants to tailor their payments experiences to the needs and preferences of each market. That means enabling customers to pay with their preferred, trusted payment methods and currencies. Around The eCommerce Payments World.

Sales 77

Sales eCommerce Risk Analysis Currencies 77

PYMNTS

APRIL 22, 2019

Bitcoin, through the lightning network, will soon be available as an option to pay on Amazon and other eCommerce sites, according to reports. Moon previously allowed about 250 beta users to use crypto on eCommerce sites by connecting them through exchange accounts like Coinbase. There’s no direct merchant integration,” Kruger said.

eCommerce 87

eCommerce Invoicing Currencies Investments 87

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

JULY 28, 2020

Many shoppers who make purchases online rely on eCommerce marketplaces to discover items and connect with trusted sellers. Fifty-eight percent of worldwide eCommerce transactions were made using these platforms in 2018, for example, and consumers have since become even more accustomed to them. Domestic Seller Currencies.

Marketing 63

Marketing Currencies eCommerce Compliance 63

PYMNTS

AUGUST 11, 2020

BigCommerce works in the field of helping eCommerce retailers with software for developing websites, handling payments and converting currencies. But before that, Intuit offered to buy the company for $1.5 billion, a proposal that was rejected, CNBC reported. But CEO Brent Bellm thought differently.

eCommerce 85

eCommerce Economics Currencies Retail 85

PYMNTS

FEBRUARY 13, 2019

Western Union has rolled out a new payment option that will let international Amazon.com customers pay in their respective country’s currency, the company announced in a press release. It will automatically process “foreign exchange, settlement and money movement requirements for international eCommerce transactions,” the company said.

Foreign Exchange 65

Foreign Exchange Currencies eCommerce Leverage 65