Tagged: digital commerce

February 24, 2022 @ 10:17 pm By Omar Faridi  |  

Indian Fintech Unicorn Razorpay notes that it has been serving numerous digital commerce merchants with an intuitive, customer-friendly, and secure checkout experience for over six years. The company claims that its expertise makes them one of the best go-to checkout providers for merchants who want… Read More

February 23, 2022 @ 3:36 pm By Omar Faridi  |  

Juniper Research reveals in a recent update that the digital advertising market has reached maturity, after having originated back in 1994. But the Juniper Research team also notes that the rise of new online platforms and innovative tech seems to have energized the world of… Read More

February 22, 2022 @ 1:30 pm By Omar Faridi  |  

Despite the surge in US digital commerce sales, online consumers remain “unpredictable” when it comes to checking out online: The average online shopping cart abandonment rate is 70%, according to an update from Affirm (NASDAQ:AFRM). Anything you can do to lower that rate for your… Read More

February 22, 2022 @ 1:18 am By Omar Faridi  |  

UK Fintech Transact365 has introduced its payments platform in Latin America, a move the firm said makes it one of the LatAm area’s biggest alternative finance platforms. The move allows for cross-border and local digital commerce transactions using local payment methods such as PIX and… Read More

February 20, 2022 @ 9:51 pm By Omar Faridi  |  

Increff, an Indian supply chain SaaS firm providing inventory optimization solutions for e-commerce, fashion, and retail brands has secured $12 million via its Series B round. Increff’s investment round included contributions from TVS Capital Funds, Premji Invest, Binny Bansal’s 021 Capital, and 6 existing angels… Read More

February 20, 2022 @ 6:35 pm By Omar Faridi  |  

Mastercard (NYSE: MA) recently joined forces with retail group Massmart in order to connect Small, Medium and Micro-Enterprises (SMMEs) to cost-effective e-commerce solutions, “enabling a safe transition away from cash.” During the latter half of last year- following the period of social unrest – SMMEs… Read More

February 15, 2022 @ 10:37 pm By Omar Faridi  |  

Financial technology firm FIS (NYSE: FIS) announces that it has enhanced its embedded payments strategy with the acquisition of Atlanta’s Payrix. This acquisition aligns with FIS’ strategy to expand its digital commerce offerings to firms of all sizes, and in any industry, by “embedding payments… Read More

February 14, 2022 @ 10:44 pm By Omar Faridi  |  

Digital commerce is a major engine of the global economy. It experienced an economic upshift during the year 2020 as a consequence of the economic slowdown that accompanied the COVID-19 crisis. At the same time, the continued digitization of commercial and consumer transactions “contributed to… Read More

February 13, 2022 @ 3:21 pm By Omar Faridi  |  

Katapult (NASDAQ: KPLT), a lease-to-own platform that integrates with digital commerce platforms to power online shopping for non-prime clients, confirmed the appointment of Joyce Phillips and Jane J. Thompson to its Board of Directors, “effective immediately.” Ms. Phillips and Ms. Thompson were appointed to the… Read More

February 11, 2022 @ 3:37 pm By Omar Faridi  |  

EBANX, the payments platform in Latin America, is celebrating 10 years since its founding as it closes in on a key milestone of 1 billion transactions processed across 15 different countries. The Brazilian Fintech firm, co-founded by Alphonse Voigt, João Del Valle and Wagner Ruiz… Read More

February 7, 2022 @ 8:40 am By Omar Faridi  |  

If you’re like many other digital commerce merchants, the best part of the shopping experience takes place when a client clicks that “buy” button and becomes a (hopefully) loyal customer. One way to boost these website conversions for your business is to give clients the… Read More

February 4, 2022 @ 10:03 pm By Omar Faridi  |  

Swiftline, a digital commerce SaaS firm, has announced its launch as an integrated data and tech platform which will support e-commerce sellers with optimization strategies, business-building solutions, and access to growth capital. Led by an experienced team of digital commerce and Fintech professionals, Swiftline plans… Read More

February 2, 2022 @ 8:43 am By Omar Faridi  |  

Global Fintech SumUp and PrestaShop – the digital commerce platform in Europe and Latin America – have announced a partnership that will aim to give thousands of merchants on the PrestaShop platform access to SumUp’s product suite of business tools (thanks to PrestaShop’s SumUp Payment… Read More

February 1, 2022 @ 4:23 pm By Omar Faridi  |  

Paysafe (NYSE:PSFE), a specialized payments platform, recently announced the completion of its SafetyPay acquisition. SafetyPay is a payments platform operating mainly in Latin America that enables digital commerce transfers through an extensive choice of Open Banking and eCash solutions. For Paysafe, this transaction solidifies its… Read More

January 31, 2022 @ 10:49 pm By Omar Faridi  |  

Plentina, a Buy Now Pay Later (BNPL) Fintech focused on serving emerging markets, has teamed up with Southeast Asia’s digital retailer ZALORA in order to provide its short-term financing option. Residents of the Philippines may download the Plentina app to access loans valued at up… Read More

January 27, 2022 @ 10:01 am By Omar Faridi  |  

Amazon (NASDAQ: AMZN) has reportedly decided to backtrack on its initial plans to stop accepting Visa credit cards in the United Kingdom. The digital commerce company had been expected to stop UK consumers from using their Visa-issued credit cards for purchases via its platform, effective… Read More

January 19, 2022 @ 5:45 pm By Omar Faridi  |  

The team at Checkout.com says that 2022 looks set to be a “defining year” for digital payments and commerce, with the “exponential” growth seen in recent years expected to continue. Checkout.com, which has become the most valuable Fintech after finalizing a massive $1 billion funding… Read More

January 18, 2022 @ 11:09 pm By Omar Faridi  |  

Netbank, the banking as a service platform, has introduced a service that allows international payment firms to support various transactions in the Philippines. As mentioned in an update shared with CI, the Philippines has a fast-growing international trade market. Global trade in goods has has… Read More

January 17, 2022 @ 4:10 pm By Omar Faridi  |  

The team at Mastercard (NYSE: MA) notes that for most or many of us, returns are “a necessary evil” following the holiday shopping season. For example, that sweater that Mom gave you might be two sizes too small. But for some consumers, returns are just “another… Read More

January 14, 2022 @ 12:52 pm By Omar Faridi  |  

The team at Fintech company Affirm (NASDAQ: AFRM) notes that two years of living with a global pandemic have “reshaped expectations for consumers and retailers in 2022.” Affirm writes in a blog post that shoppers plan to “travel and buy new clothes, and many retailers… Read More