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

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. The Brick-And-Mortar Component. In expanding cash-to-digital payment initiatives, kiosk placement is critical, of course.

Currencies 135

Currencies Advertising Numbers Accounting 135

PYMNTS

OCTOBER 21, 2020

At the start of this year, online commerce trends were following a similar trajectory to 2019: eCommerce sales were steadily growing, but they were still a fraction of those at brick-and-mortar stores. The average multinational firm works with six separate banks and six currencies. Cross-border online sales in the U.S.

eCommerce 63

eCommerce Healthcare Compliance Currencies 63

PYMNTS

MAY 20, 2016

Less positive — even from Walmart’s executive team’s point of views — was the growth over in eCommerce, which notched in at 7 percent. eCommerce Is “Too Slow” . “Globally, on a constant currency basis, eCommerce sales and GMV grew 7 percent and 7.5 percent, respectively.

eCommerce 40

eCommerce Retail Sales Construction 40

PYMNTS

OCTOBER 26, 2016

Peer-to-peer eCommerce site Etsy includes a marketplace of 1.7 The business said it intends to provide a seamless customer experience, allowing users to pay using their preferred currency and method. Payments company Adyen announced crafting a global partnership with online marketplace Etsy, covering both the U.S.

Currencies 80

Currencies Leverage eCommerce Technology 80

PYMNTS

JUNE 19, 2018

The deal will give PayPal greater strength in eCommerce and online marketplaces, PayPal said in a statement. eCommerce platforms and marketplaces are leveling the retail playing field by connecting buyers who have specific needs with groups of sellers that can meet them,” said Bill Ready, chief operating officer at PayPal.

eCommerce 50

eCommerce Currencies Leverage Retail 50

PYMNTS

JANUARY 23, 2020

It is expected to speed delivery by one or two days to meet the rapid acceleration of eCommerce. People facing charges from the Office of the Comptroller of the Currency include the former community bank manager, Carrie Tolstedt; the former chief administrative officer, Hope Hardison; and the former chief auditor, David Julian.

eCommerce 52

eCommerce Economics Currencies Leverage 52

PYMNTS

JULY 1, 2019

Traditional banking options are not up to par in today’s digital world, and FIs and FinTechs need to be ready to support their clients with quick, transparent payment methods and easy currency conversions if they want to remain competitive. For retail, Libra could change global eCommerce and the shopping experience. “As

Nonprofit 84

Nonprofit B2B Currencies Banking 84

PYMNTS

NOVEMBER 6, 2019

SaaS providers must understand each market’s cultural differences, tax considerations and preferred payment methods, according to Rob Charlebois, executive vice president of global eCommerce and digital marketing for Corel , a B2B and B2C graphics and word processing software subscription company. .

Marketing 40

Marketing B2C Currencies eCommerce 40

PYMNTS

NOVEMBER 19, 2020

Mobile apps are proving more important than ever in facilitating domestic sales between businesses and consumers in the nation, according to Karthik Raghupathy , head of business development and strategy at eCommerce payment system and digital wallet provider PhonePe. Merchants are also finding that they need to get online, he added.

eCommerce 63

eCommerce Currencies Retail Leverage 63

PYMNTS

MARCH 6, 2018

America’s eCommerce giant is reportedly playing with blockchain via its cloud computing arm, Amazon Web Services (AWS) , with a focus on health care, financial services, supply chain management, and security and compliance. The Chinese eCommerce giant will reportedly use blockchain technology for its cross-border supply chain.

Currencies 47

Currencies eCommerce Leverage Compliance 47

PYMNTS

MARCH 20, 2019

Worldpay, the world’s largest merchant services player, processes more than 40 billion transactions each year, and supports more than 300 payment types in more than 120 currencies. The company “is such a dominant player in the eCommerce space globally,” he added, one of the most attractive things about Worldpay from FIS’ point of view.

Currencies 59

Currencies Leverage eCommerce Banking 59

PYMNTS

MARCH 1, 2019

Through the last several years, Ersek noted, he has focused Western Union on creating a cross-border platform that enables cross-currency transactions. Ersek noted that his company’s burgeoning relationship with eCommerce juggernaut Amazon offers a spotlight on how at least part of that global strategy will play out. What’s Next.

Sales 56

Sales B2C Currencies Leverage 56

PYMNTS

FEBRUARY 14, 2019

Data and information are becoming an increasingly important currency in the global economy – not only currently, but especially in the future – and China is set to overtake the U.S. Tencent and Alibaba , two huge eCommerce companies, targeted traditional banking services with their WeChat Pay and Alipay services.

Entertainment 53

Entertainment Currencies Leverage eCommerce 53

PYMNTS

DECEMBER 30, 2020

That’s when you get the sustainable proposition,” said Gibu Thomas , Pepsi’s head of eCommerce. And Abhishek Ahluwalia , global eCommerce growth platforms leader for Mondel?z “The test for D2C is always: ‘Can you provide a value proposition that really resonates with the consumer?’ Because that's when you get the repeats.

Education 103

Education Sales eCommerce Retail 103

PYMNTS

MAY 6, 2019

Credits was a virtual currency and payments platform used to power in-app purchases on Facebook. And this plan is a way for Facebook to leapfrog them by using cool, modern tech and stablecoins tied to fiat currency – today’s hot payments play – and keeps them out of the bitcoin fray. Does this sound a little self-serving?

Currencies 83

Currencies Leverage Planning Investments 83

PYMNTS

APRIL 8, 2020

” Any B2B eCommerce platform to facilitate sales, however, must be ingrained with payments security and buyer-supplier trust. “Companies have been trying to leverage new technology and more flexible business models to manage their working capital and their balance sheets,” Angrick said. Business Model Flexibility.

B2B 69

B2B eCommerce Currencies Leverage 69

PYMNTS

SEPTEMBER 17, 2018

For airlines and hotels, catering to customers from around the world means dealing with a long list of complications, including accepting payments in a host of local currencies, complying with national and international regulations, and finding ways to afford or offset the high price of processing fees.

Prioritization 49

Prioritization Currencies Securities Compliance 49

PYMNTS

JUNE 15, 2020

American Express has won initial approval from the People’s Bank of China (PBOC) to process the nation’s currency. But transitioning production required leveraging local supply chains and restarting shuttered factories, says Vice President Matt Hall. AmEx Cleared To Process Transactions In China.

Banking 52

Banking Education Manufacturing Currencies 52

PYMNTS

SEPTEMBER 23, 2016

Growing impatient waiting for their ETF fund to be listed and to boost bitcoin trading, the cofounders of the Gemini Trust Company, a digital currency exchange based in the U.S., are introducing a daily bitcoin auction so that the currency can be traded any time. dollars, but this is expected to expand to more currencies later.

Profit and Loss 77

Profit and Loss Currencies eCommerce Leverage 77

PYMNTS

NOVEMBER 12, 2020

Spreedly’s goal is to help every business to optimize their payment strategy by leveraging a diverse array of services,” Daniel Wideman , vice president of product, Spreedly, said in a statement on Thursday (Nov. Spreedly points to its “insight into transaction performance across over 120 payment services and 100 currencies.”

Currencies 65

Currencies Leverage Banking Technology 65

PYMNTS

JANUARY 5, 2017

In a press release, ACI Worldwide said KNET, which is owned by 11 banks in Kuwait and operates the Kuwaiti national payments switch, will use ACI’s ACI Proactive Risk Manager to monitor customers’ banking activities in real time, including acquiring channels and ATM, point-of-sale and eCommerce transactions.

Banking 40

Banking Risk Management Leverage Currencies 40

PYMNTS

JULY 28, 2016

CommerceHub , an eCommerce service company, has spun off on its own and began trading as its own public company on the Nasdaq on Monday (July 25), according to Internet Retailer. The company was spun off from Liberty Interactive Corp. and now trades under CHUBA and CHUBK on the Nasdaq.

Currencies 40

Currencies Retail Leverage eCommerce 40

PYMNTS

SEPTEMBER 20, 2017

The firms have said that they will be able to support several hundred payment methods across 146 countries and in more than 100 currencies. Combined, Worldpay and Vantiv will be well-positioned for further success in eGlobal cross-border eCommerce, the fastest-growing part of the payments industry.”.

B2B 44

B2B eCommerce Currencies Communication 44

PYMNTS

MAY 20, 2020

In other words, trust has become a primarily valuable currency of late. Emotionally, it is about a feeling of safety a consumer has in an interaction; functionally, it is about whether the customer can quickly and easily leverage the payment methods they want and check out smoothly and seamlessly without issue.

Retail 75

Retail Economics eCommerce Currencies 75

PYMNTS

FEBRUARY 28, 2018

The whole point of startups is to do things differently than mainstream players, and that is exactly what these companies are doing with automation, interoperability and digital currency initiatives. Growth can be a mixed blessing for eCommerce marketplaces. Why bother making new and old systems play nice together? Chargehound.

Startups 40

Startups Currencies Accounts Payable Invoicing 40

PYMNTS

JANUARY 30, 2019

Amid an international slowdown that marked volume purchases into the end of the Q4, and activist shareholder letters that marked the past week, eCommerce giant eBay posted Q4 results that, in some cases, met and even beat expectations. The company said revenues were up 6 percent on a currency-neutral basis to $2.87 By The Numbers .

GAAP 62

GAAP Currencies eCommerce CFO 62

PYMNTS

MAY 9, 2018

As Etsy continues its turnaround efforts to drive more checkout conversions, the eCommerce marketplace reported slightly better-than-expected first-quarter earnings. These results are encouraging, yet we’re still in the early stages of leveraging our capabilities to their full potential,” Silverman said on the call.

Budgeting 40

Budgeting Currencies eCommerce Leverage 40

PYMNTS

DECEMBER 14, 2017

The eCommerce giant teamed up with Hyperwallet to ensure that merchants using the platform could be paid quickly, in their desired currency and sans exorbitant cross-border fees. In other countries — 80 of them, to be precise — Amazon has made its Echo voice-activated smart speaker available for purchase.

Valuation 51

Valuation Currencies Leverage Numbers 51

PYMNTS

APRIL 12, 2017

In today’s market, even for SMBs, expanding an online presence doesn’t stop at rolling out an eCommerce platform. Online merchants are often left with no choice but to rely on multiple solutions in order to accept payments in different currencies from customers spread out around the world. A Solution Handmade for SMBs.

B2C 40

B2C Investments eCommerce Startups 40

PYMNTS

MARCH 25, 2019

Once closed, the conjoined firm will offer enterprise banking, payments, capital markets and global eCommerce services to financial institutions and businesses around the world. Worldpay processes more than 40 billion transactions each year and supports more than 300 payment types in more than 120 currencies. “At

eCommerce 50

eCommerce Reconciliations Retail Currencies 50

PYMNTS

AUGUST 23, 2019

BoA Looks to Create Multi-Currency Digital Wallet. Conventional wisdom may hold that alternative lenders – those companies that leverage data and analytics, along with various funding models matching investors with borrowers – could be hit harder than more traditional lenders by a volatile rate environment.

Currencies 43

Currencies Leverage Banking Economics 43

PYMNTS

JUNE 15, 2017

An estimated 94 million online shoppers are expected to spend $1 trillion on cross-border eCommerce by 2020. Western Union’s RESTful API enables users to send up to 10,000 payments in multiple currencies using a single API call and offers users real-time payment tracking to keep tabs on the status of their transactions.

B2B 70

B2B Foreign Exchange Compliance Leverage 70

PYMNTS

NOVEMBER 17, 2016

For the third quarter in a row Walmart has beaten analysts’ predictions on revenue and marked same-store sales increases (a difficult magic trick in retail these days) — and in Q3 the company also had some more than solid growth in eCommerce lines and on the global scene. percent (excluding currency swings). Digital sales popped up 20.6

eCommerce 63

eCommerce Forecasting Sales Retail 63

PYMNTS

OCTOBER 29, 2020

Every time a business adds a new payment service provider (PSP) or currency or expands into a new market, it must optimize its payment flows for cost and efficiency and rethink its payments strategies. A payments orchestration layer that leverages API technology can do this all at once.

Reconciliations 43

Reconciliations Finance Currencies Leverage 43

PYMNTS

JULY 27, 2016

Lacking that information makes it hard to know whether a merchant is having a decline problem at a certain price, because of currency mismatches, or the device used to transact. In eCommerce, checkout isn’t just part of the experience; it’s, in effect, part of the product,” he explained.

eCommerce 40

eCommerce Retail Sales Currencies 40

PYMNTS

DECEMBER 8, 2017

And especially in cross-border payments , where, amid globalization, currencies shift and businesses connect across time zones, languages and even industries. The deal gives FLEETCOR leverage in the $145 billion B2B cross-border payments market. Even with the banks, he said, “they are getting much better at in-country movement.”

B2B 44

B2B Invoicing Technology Compliance 44