Payment Options
From Amazon.com to eBay, U.S. e-commerce platforms havenโt been shy about expanding internationally. As it turns out, however, theyโre not the only ones interested in conducting business abroad. E-commerce platforms from the Asia-Pacific (APAC) region are unveiling expansion plans of their own and donโt show any signs of slowing down. Shortly after Coupang, the largest e-commerceโฆ
Recently, Worldpay released its 2016 Global Payments Report, an annual compilation of data on payment preferences and trends in 30 countries. The following are several key trends that emerged from the report, poised to potentially pick up steam in 2017 and beyond. Shift to Mobile Mobile wallet adoption is picking up speed. In fact, mobileโฆ
As the Easter sales season wraps up, online merchants are forming strategies to draw consumers to their sites. For e-commerce merchants striving to maintain a competitive edge this spring, intelligence will be a key contributor to their success. "Big data" is a buzzword that's oft mentioned, but merchants which effectively leverage the data generated byโฆ
As the Easter sales season wraps up, online merchants are forming strategies to draw consumers to their sites. For e-commerce merchants striving to maintain a competitive edge this spring, intelligence will be a key contributor to their success. โBig dataโ is a buzzword thatโs oft mentioned, but merchants which effectively leverage the data generated by [โฆ]
The checkout page is the last and most important step in any online shopping journey, heavily affecting both a customerโs experience and a companyโs bottom line. Yet retailers often overlook their checkout page when considering how to bring tech updates to their e-commerce sites. One feature that retailers are increasingly recognizing the value of isโฆ
The recent news about Amazon.com and PayPal discussing a partnership makes sense on several levels. Both companies possess valuable assets, and their alliance would likely benefit both companies here and abroad. However, the potential deal terms could also raise concerns, particularly but not exclusively among third-party sellers. Offering Amazon customers a PayPal option at checkoutโฆ
Americans are growing increasingly wary of credit cards. The percentage of Americans under 35 holding credit card debt has reached its lowest level since 1989 โ when the Fed first began collecting this data. And 70 percent of millennials believe how we pay for things will be totally different in as little as five years.โฆ
Mobile is where most customers like to shop, having recently surpassed desktop in traffic volume, but the process isnโt always streamlined, which is most evident in smartphonesโ lower conversion rates. Browsing and adding items to a cart is fun, fast, and easy. Checkout is another story. Checkout is a major headache in mobile buying, butโฆ
The patent for Amazon.com's one-click payment technology is expiring this year, meaning other online stores may adopt similar payment methods. Amazon first applied for the patent in 1997, and was granted it in 1999. Over the years, the online retailer has defended its exclusivity in court. For example, Apple paid Amazon an undisclosed amount to developโฆ
This holiday season, shoppers trying to afford everything on their wish list might need an alternative to paying with plastic. According to Deloitte, about 17 percent of all holiday shoppers will use some sort of layaway program to buy gifts this year. For many shoppers, layaway has served as a traditional alternative to using creditโฆ