PYMNTS

SEPTEMBER 9, 2020

The virus itself is not the only factor in play, however, with the devastating economic downturn and record-high unemployment rates also sharply reducing consumers’ purchasing power and their willingness to make retail purchases. As such, SMBs are embarking on eCommerce initiatives in record numbers. A PYMNTS study found that 71.7

Retail 67

Retail eCommerce Leverage Invoicing 67

PYMNTS

NOVEMBER 18, 2020

The economic downturn caused by the COVID-19 pandemic has made it even more important that firms deliver payroll quickly, as employees are facing greater financial strains that may make them more eager for prompt salary disbursements. Find more about these and all the rest of the latest headlines in the Tracker ®.

Accounts Payable 88

Accounts Payable Leverage eCommerce Retail 88

PYMNTS

SEPTEMBER 18, 2020

"Amazon and Shopify have dramatically empowered thousands of online businesses that are generating billions of dollars in economic impact, creating countless jobs and unprecedented opportunities for small brands," Boosted Commerce Co-founder Charlie Chanaratsopon said in the announcement.

Leverage 85

Leverage eCommerce Economics Sales 85

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

AUGUST 17, 2020

The eCommerce retailer also noted that mobile daily active users in June 2020 rose by 40 percent compared to June 2019, according to a Monday (Aug. The news comes as China’s largest eCommerce shopping event since the coronavirus put fear into the economy of Asia netted $136.5 reported that annual active customer accounts jumped by 29.9

GAAP 54

GAAP eCommerce Retail Leverage 54

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. Then came the COVID-19 pandemic, triggering a massive shift online as stores closed and consumers grew wary about venturing out.

eCommerce 63

eCommerce Healthcare Compliance Currencies 63

PYMNTS

SEPTEMBER 9, 2020

Just as the pandemic has accelerated the adoption of new eCommerce technologies, it might also hasten the demise of Black Friday as we’ve known it. In this case, the driving force is retailers’ prediction of surging eCommerce demand as 2020 closes out. When anything is “years ahead of plan,” it’s worth looking at more closely.

eCommerce 76

eCommerce Retail Sales Leverage 76

PYMNTS

JULY 23, 2020

Flexible in-store payment plans that can help consumers handle both everyday and big-ticket purchases are gaining popularity in the United States, where the pandemic’s economic effects are causing consumers to temper their spending. Deep Dive: Demand For In-Store And eCommerce BNPL Offerings Rise During Health Crisis.

Leverage 72

Leverage Retail Economics Budgeting 72

PYMNTS

JANUARY 15, 2021

Amid the pandemic, social distancing and stay-at-home orders kept shoppers away from brick-and-mortar stores, and the resulting economic downturn left consumers with less disposable income. The 2020 holiday season has been vastly different from seasons past, however.

Retail 63

Retail Leverage eCommerce Securities 63

PYMNTS

JANUARY 23, 2020

It is expected to speed delivery by one or two days to meet the rapid acceleration of eCommerce. Uber CEO Dara Khosrowshahi called his company the “global leader in ride-sharing,” at the World Economic Forum in Davos, Switzerland, and the most likely to become profitable. Uber CEO Says Firm Leads In Race To Ridesharing Profitability.

eCommerce 52

eCommerce Economics Currencies Leverage 52

PYMNTS

SEPTEMBER 16, 2020

One in three eCommerce retailers is expected to offer BNPL solutions by the end of next year, for example, as the $1.9 Larger merchants and eCommerce sites were the first to jump into the reanimated installment payments market when BNPL debuted in its digital form about four years ago. trillion industry continues to gain customers.”.

eCommerce 57

eCommerce Retail Leverage Economics 57

PYMNTS

DECEMBER 30, 2020

Debit has become exceedingly popular over the past year as social distancing and stay-at-home orders reduce consumers’ cash reliance and the ongoing economic decline and rising unemployment rates make them wary of taking out loans or leveraging credit. Debit Fraud Threats In The Time Of eCommerce.

Banking 66

Banking eCommerce Leverage Numbers 66

PYMNTS

DECEMBER 4, 2020

That’s because when adjusted for three fewer selling days and one less weekend, there was almost no decline at all — meaning an economically crucial rebound in U.S. Nonetheless, the improvement is a positive sign for the country’s economic recovery.”. Headline data showing a 15 percent drop in November U.S. car sales is still intact.

Sales 73

Sales Leverage eCommerce Economics 73

PYMNTS

NOVEMBER 3, 2020

Lingering economic uncertainty and growing fraud rates in multiple markets are prompting consumers to sharpen their focus on privacy and security. consumers are also upping their eCommerce mobile app use. The Pandemic And The Privacy Question . For example, a September report found that the number of open banking users in the U.K.

Banking 77

Banking eCommerce Securities Leverage 77

PYMNTS

NOVEMBER 24, 2020

At a time when economic uncertainty looms large around the world, double- and triple-digit growth metrics are simply too large to be ignored. The one thing that will keep the commitment to – and investment in – D2C humming along is growth. Brands will need to build up their omnichannel muscles in order to compete,” Sticky.io

Retail 62

Retail Manufacturing eCommerce Prioritization 62

PYMNTS

FEBRUARY 26, 2020

Much of the transition from physical to digital — and the leap into eCommerce — comes down to fulfillment. At a high level, fulfillment in the grocery store setting means leveraging data to make sure the right inventory is on hand so that shoppers who order ahead get the items for which they paid. grocery retail, at 3.5

eCommerce 65

eCommerce Retail Investments Sales 65

PYMNTS

APRIL 3, 2020

The ongoing coronavirus pandemic and resulting economic crisis are reshaping the way business is done — and the way we pay. ISVs and developers are doubtless going to see more chargebacks as the economic toll of the recession deepens and as consumers push for refunds, a trend that is already evident in hospitality and airline verticals. “We

Economics 60

Economics eCommerce Leverage Securities 60

PYMNTS

OCTOBER 20, 2020

In the Great Reopening: Shifting Preferences edition, for example, we discovered the Digital Shifters —four consumer personas forged by the COVID-19 episode — and what’s likely to be their lasting impact on spending, and the near-term prospects of a true economic recovery.

Economics 88

Economics Retail eCommerce Leverage 88

PYMNTS

SEPTEMBER 16, 2020

The September Subscription Commerce Tracker ®: eCommerce Goods And Direct-To-Consumer Edition examines the rise of D2C consumer goods subscriptions and the factors that keep subscribers loyal. Deep Dive: How Subscription Companies Are Leverag ing Pause Options To Retain Customer Loyalty. Find the full story in the Tracker.

eCommerce 87

eCommerce Leverage Investments Economics 87

PYMNTS

AUGUST 11, 2017

billion in a funding round for Flipkart, the India eCommerce shopping company, marking the largest private investment in the country’s consumer tech market. According to a news report in The Economic Times , with the $2.5 SoftBank, the technology investment firm, has invested $2.5

Economics 40

Economics eCommerce Investments Leverage 40

Future CFO

SEPTEMBER 8, 2022

This new evolution of digital consumers will undoubtedly be the driving force for Southeast Asia's eCommerce gross merchandise value (GMV) growth said Praneeth Yendamuri, Partner at Bain & Company. . Highlights: eCommerce and integrated shopping experience. The followings are e-commerce-related highlights from the report.

Marketing 52

Marketing eCommerce Forecasting Accounting 52

PYMNTS

SEPTEMBER 14, 2020

consumers spent approximately $347 billion at eCommerce retailers within the first six months of 2020, whereas they spent $267 billion during the same period of time a year before. . Recent data revealed that U.S. After reading up on it, I thought this would be something my customers would be interested in,” Tillman said.

eCommerce 65

eCommerce Retail Sales Leverage 65

PYMNTS

DECEMBER 18, 2020

Consumers redeemed more than $31 billion in eCommerce coupons in 2019, with untold other offers clipped from newspapers and receipts and cashed in stores. Determining how to make the most out of promotions and coupons has even become something of a hobby among some consumers, spurred on by reality shows like “ Extreme Couponing.

Retail 110

Retail Sales Manufacturing eCommerce 110

PYMNTS

OCTOBER 12, 2016

Wall Street appears to be loving Walmart’s new strategy to slow down its store openings and place an emphasis on its eCommerce business. While Walmart CEO Doug McMillon told analysts at the company’s annual investor meeting last week that Walmart was even more bullish on eCommerce and a digital transformation than most realized.

eCommerce 60

eCommerce Leverage Retail Economics 60

PYMNTS

MAY 19, 2020

Even eCommerce giant Amazon had to switch its priority to shipping essential household and medical items amid delivery delays. That means that while Amazon and other eCommerce players were forcing customers to wait weeks, Walmart was more or less able to honor delivery windows measured in days by leveraging its store network.

Retail 88

Retail Restructuring CFO eCommerce 88

PYMNTS

NOVEMBER 12, 2020

For every company that has defied the COVID-driven economic storm with positive results there’s another one that has not. In an environment which remains uncertain, we will continue to deliver exceptional product, localize plans and shift resources, while leveraging the strength of our digital platform to inspire customers.”.

Sales 52

Sales Retail eCommerce Leverage 52

PYMNTS

SEPTEMBER 9, 2020

Shoppers are also more reluctant to take out credit lines as ongoing economic uncertainties make it difficult for them to determine whether they will be able to repay their debts on time. The September Next-Gen Debit Tracker® digs into how consumers’ debit usage is shifting to drive a massive surge in eCommerce purchases.

Retail 64

Retail Securities eCommerce Leverage 64

PYMNTS

JUNE 5, 2020

It’s at this point that the pandemic and its associated economic issues would likely turn this story into a sad tale – but not this time. The running business in particular always kind of bucks the economic trend. Schalow and his members are upbeat about their prospects for the sport and for independent retailers as they reopen. “We’re

Retail 52

Retail Economics Leverage eCommerce 52

PYMNTS

JUNE 9, 2020

Retailers, he said, can leverage the key assets of distribution as they strive to meet those expectations. Proof of delivery will also continue to become a key part of eCommerce, he said, done through contactless means, where consumers pull out their own phones and scan codes on parcels.

Retail 92

Retail Sales eCommerce Leverage 92

PYMNTS

AUGUST 14, 2017

The software-as-a-service (SaaS) eCommerce platform is called Sky.Garden, and merchants use its virtual shelves to peddle everything from mobile phones and electronics to fashion, from household items and décor to art, and even safety equipment. The Place Of eCommerce in Africa. Africa is getting its own version of Amazon.

eCommerce 52

eCommerce Transportation Advertising Leverage 52

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

DECEMBER 3, 2020

unemployment rates and economic uncertainty, he said those factors haven’t really changed things within the practices and providers that Rectangle Health serves. patients have historically paid at least part of their medical bills within the office at the point of care, and Peluso said the industry has struggled to move past that model.

Healthcare 85

Healthcare Retail Leverage Technology 85

PYMNTS

NOVEMBER 30, 2020

With eCommerce expected to continue its inexorable climb through the holiday season , it’s open season on open porches. But, as Stuppy noted, it’s possible by properly leveraging data to lock out the fraudster, usher in the customers and learn to tell when the latter is behaving like the former. Some will be attempts at theft.

Leverage 81

Leverage Sales Retail eCommerce 81

PYMNTS

SEPTEMBER 17, 2020

Just ask Amazon : Black Friday promotions aren’t happening on only one day this year at the eCommerce giant, but will start in October and run for weeks. Klossner, whose firm helps eCommerce companies fight fraud, expects everything to shift — how people shop, how they work, how they travel and how they spend their free time.

eCommerce 73

eCommerce Communication Leverage Securities 73

PYMNTS

MAY 19, 2017

Alibaba is getting consumers to spend more money online, and that would appear to be a good thing for the Chinese eCommerce giant, which provides consumer-to-consumer, business-to-consumer, and business-to-business sales services via web portals. Across the company’s eCommerce businesses, sales rose 47 percent.

Entertainment 46

Entertainment Advertising eCommerce Sales 46

PYMNTS

NOVEMBER 9, 2016

Enter the economy of trust: a simple but powerful concept that has the bank front and center in creating a trusted foundation that can be leveraged across all of its payments, banking and financial services touchpoints. Leveraging The Trust Factor. This would provide a high-level assurance that a person is who they say they are.

Banking 78

Banking Leverage Securities eCommerce 78

PYMNTS

SEPTEMBER 6, 2019

Suddenly, that Goldilocks scenario seems less a guarantee, as economic data hints at recession. Investors have clearly signaled that attention must be paid to operating leverage. Brick-and-mortar retail – in China: Costco’s first China store comes five years after eCommerce operations began there. Chip cards are accepted by 3.7

Valuation 40

Valuation eCommerce Economics Leverage 40