PYMNTS

DECEMBER 21, 2020

There has been a surge in eCommerce this year because of the pandemic, at the expense of in-person shopping as people tried to stay clear of the coronavirus. Retail Index showed that this accelerated the digital shift by five years, with eCommerce transactions for grocery orders alone hitting $5.9 Data from the IBM U.S.

eCommerce 98

eCommerce Valuation Currencies Accounting 98

PYMNTS

JUNE 26, 2020

The retailer’s eCommerce sales, however, jumped by 36 percent in SEK and 32 percent in local currencies, according to an announcement. A “large number” of locations continue to have restricted opening hours and local limitations, while 48 of the company’s 51 eCommerce markets are open.

eCommerce 90

eCommerce Sales Currencies Retail 90

PYMNTS

APRIL 26, 2020

Ambani, Asia’s richest man, is now a bit closer to his goal of establishing an eCommerce platform to rival Amazon or Walmart’s FlipKart in India’s ripe market for that field. KPMG said India’s appetite for eCommerce is set to grow by $200 billion from now until 2027.

eCommerce 86

eCommerce Retail Numbers Investments 86

PYMNTS

JUNE 17, 2020

It found that eCommerce growth as of May 1 was up 68 percent, surpassing 40 percent of total retail sales. And eCommerce was far and away the category that showed the largest percentage of that growth at 47 percent of the total. Not only that, in certain categories, the numbers of physical stores have even grown in recent years.

eCommerce 92

eCommerce Retail Sales Forecasting 92

PYMNTS

MAY 19, 2020

Walmart announced its first-quarter earnings this morning (May 19), crushing even the highest expectations for in-store as well as eCommerce revenue. In-store comps were up 10 percent over 2019 and eCommerce spiked 74 percent as consumers stocked up on essential and nonessential goods. It is now available in 2,000 stores.

eCommerce 86

eCommerce Forecasting Retail Sales 86

PYMNTS

APRIL 1, 2020

While it is the only option for many retailers, eCommerce is running into its own limitations under the pressure of the COVID-19 crisis. The most concerning news about those limitations comes as retailers get a handle on how and why eCommerce orders have spiked since stores started closing at the end of February.

eCommerce 86

eCommerce Advertising Retail Budgeting 86

PYMNTS

APRIL 27, 2020

The number of orders placed online and picked up at stores surged 208 percent between April 1 and April 20 compared to a year ago, according to Adobe Analytics, CNBC reported. In addition, the survey found eCommerce in the U.S. The first phase plans for eCommerce to rise with curbside pickup and home delivery.

eCommerce 103

eCommerce Retail Planning Numbers 103

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. But eCommerce, she said, is a different story. The tech is the easiest part, she said.

eCommerce 94

eCommerce Banking Compliance Currencies 94

PYMNTS

MAY 20, 2020

And in eCommerce, digital coupons are growing right along with the crisis-driven shift to online shopping. 47B: Projected value of the Australian eCommerce market by 2023. 4.4M: Number of Afterpay ’s U.S. 47B: Projected value of the Australian eCommerce market by 2023. 4.4M: Number of Afterpay ’s U.S.

eCommerce 83

eCommerce Numbers Marketing Retail 83

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

MARCH 29, 2020

Call it the retail gap that eCommerce can only partly fill. Earlier this month, a record number of Americans — 3.3 But at least one thing is for certain: eCommerce now is becoming not just a preferred way to shop — it’s the only way many can shop. million — filed for unemployment benefits. percent and 16.7

eCommerce 82

eCommerce Retail Sales Numbers 82

PYMNTS

JANUARY 22, 2020

The authentication solution lets consumers approve eCommerce payments by using their mobile bank apps.

Securities 85

Securities eCommerce Compliance Banking 85

PYMNTS

JUNE 29, 2020

Expansion of the assortment, active development of the marketplace, the enhancement of delivery channels and growth of the number of loyal customers made it possible for Ozon to strengthen its leading position in the Russian eCommerce market.

eCommerce 92

eCommerce Retail Numbers Investments 92

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

APRIL 10, 2020

That’s up from $113, or 11 percent more than usual, the report said. Last month, John Furner, president and CEO of Walmart U.S.,

Sales 86

Sales eCommerce Retail Numbers 86

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

DECEMBER 28, 2020

The numbers were up quite a bit from the first half of the year, which showed renewed strength in business and consumer shopping habits. In Los Angeles, a widespread glut of shipments has slowed down operations at the nation's busiest container port complex, the Port of Los Angeles , according to CNBC.

eCommerce 82

eCommerce Retail Numbers 82

PYMNTS

MARCH 20, 2020

But analysts said the move represents an attempt to compete with a number of new online challenger banks that will appear in the region later in the year. The paper said that HSBC hasn’t ever used third-party data to approve trade financing.

eCommerce 81

eCommerce Finance Banking Retail 81

PYMNTS

DECEMBER 21, 2020

30 : Approximate number of “Amazon 4 Star” stores. $20 Data: 90% : Reported share of Americans who live within 10 miles of a Walmart. 60% : Portion of restaurants with less than $250K in average unit volumes that have experienced revenue decreases since the pandemic.

eCommerce 80

eCommerce Numbers Retail 80

PYMNTS

AUGUST 17, 2020

What we see in those numbers are the glimmers of a “V-shaped” recovery in those segments where consumers really value and want to return to the physical retail experience – with restaurants leading every other sector. Using those models, the trailing 12-month, non-adjusted, online retail sales numbers show an increase of 31.4

eCommerce 134

eCommerce Retail Sales Numbers 134

PYMNTS

NOVEMBER 9, 2020

The eCommerce surge generated from the COVID-9 pandemic has prompted Amazon to open three additional logistics hubs in Brazil, according to a report in Reuters on Monday (Nov. The new eCommerce site, Amazon.se, is just for Swedish shoppers. It will feature more than 150 million products from Swedish merchants across 30 categories. .

eCommerce 115

eCommerce Sales Numbers 115

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

JANUARY 19, 2021

Olivier Schott , co-founder of Scalefast , told PYMNTS that many firms pivoting to eCommerce channels may not have the resources on hand to meet those challenges. COVID has put pressure on brands to find solutions for their direct-to-consumer [D2C] strategy,” he said. And everyone, he said, wants to crack the Chinese market.

eCommerce 128

eCommerce Compliance Invoicing Retail 128

PYMNTS

JANUARY 27, 2021

Drilling down into numbers reported in financial supplements that accompanied the earnings release, Facebook said that monthly active users (MAU) were 2.8 Facebook, Inc. reported on Wednesday (Jan. 27) as part of its Q4 and full year 2020 earnings that total revenue surged 33 percent year-over-year for the three months ended Dec.

Advertising 78

Advertising eCommerce Securities Numbers 78

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

PYMNTS

MARCH 23, 2020

And eCommerce, increasingly, is becoming the only way we can shop. The more devices we wield, across a greater number of (sometimes simultaneous) use cases, the more urgent the need for greater bandwidth capacity. The FCC, of course, has been putting a number of tailwinds in place for 5G deployment.

Economics 139

Economics Communication eCommerce Securities 139

PYMNTS

DECEMBER 30, 2020

In eCommerce, Amazon is reporting a blockbuster holiday shopping season that saw toys, electronics and household products delivered amid the global pandemic. 8M : Minimum number of items that Amazon delivered to alternative delivery locations this holiday season.

eCommerce 104

eCommerce Retail Numbers Technology 104

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

Future CFO

NOVEMBER 25, 2024

Kaspersky says financial phishing attacks are rapidly increasing as cybercriminals continuously evolve and adapt their tactics, with the number of attacks rising by 41% year over year. Thailand logged the highest number of financial phishing attacks at 141,258, followed by Indonesia with 48,439.

Numbers 95

Numbers eCommerce Securities Banking 95

PYMNTS

JANUARY 11, 2021

The number of eCommerce packages returned soared 70 percent compared to 2019, and because of the pandemic, many customers didn't want to take the items to physical stores, WSJ reported. The new way of handling returns comes from a spate of returns seen in 2020.

eCommerce 112

eCommerce Retail Sales Numbers 112

PYMNTS

JANUARY 6, 2021

In September, PYMNTS reported that the market, like many others, was beginning to shift into a digital mode for more eCommerce ability, according to Chief Digital and Innovation Officer Darren MacDonald. eCommerce was a fast-growing channel for pet-related shopping even before the pandemic, making $12.2

Valuation 102

Valuation eCommerce Forecasting Numbers 102

PYMNTS

NOVEMBER 12, 2020

In eCommerce, the Singles’ Day shopping event in China, which was four days long this year, is coming out ahead of expectations. 100 : Minimum number of locations at which “Ulta Beauty at Target” will debut. 64% : Portion of B2B firms that plan to increase their eCommerce investments.

B2B 84

B2B Retail eCommerce Numbers 84

PYMNTS

SEPTEMBER 18, 2020

Along the way, these companies that are embracing eCommerce have seen an increasing percentage of sales derived from digital payments. It’s going to be a new normal,” said West of the digital shift, “whether launching an eCommerce site or changing POS technology to set up an omnichannel presence.”.

Sales 141

Sales Prioritization eCommerce Invoicing 141

PYMNTS

SEPTEMBER 30, 2020

Merchants are optimizing their eCommerce operations, but this is posing challenges for some, including luxury merchants. This trend is especially important for retailers in these industries to consider as the pandemic nudges more consumers toward eCommerce rather than brick-and-mortar shopping. Around The Buy Now, Pay Later World.

Planning 111

Planning eCommerce Retail Leverage 111

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

SEPTEMBER 4, 2020

But in other ways, it was business as usual, as the two biggest retailers in the world – Walmart and Amazon – posted stellar earnings numbers and competed in more muted ways for the U.S. percent for eCommerce. The eCommerce giant accounted for 3.2 The eCommerce giant accounted for 3.2 billion for eCommerce represented 10.2

Retail 99

Retail eCommerce Sales Numbers 99

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 Leverage 124