Tagged: online shopping

MENA Region Fintech Tabby Introduces New Digital Shopping Tools, Features

Tabby, the MENA’s leading shopping and financial services app, has announced the arrival of Tabby Shop, its new all-encompassing shopping tool, “marking the most significant change on the Tabby app since its launch.” The new app is a one-stop-shop “showcasing over 500,000 products from thousands… Read More

BNPL Fintech Klarna Teams Up with UK Luxury Store Liberty to Offer Payment Flexibility

Klarna, the AI powered global payments network and shopping destination, has today announced its partnership with iconic British department store Liberty, “with its flexible and interest-free payment options now available online.” The partnership will aim to “help Liberty’s customers save time and money and worry… Read More

BrewDog’s James Watt Provides £250K in Funding to Basket, a Digital Commerce Tech Startup

James Watt’s ‘The Next Unicorn’ project, where he has linked up with Crowdcube in order to find the next “beast,” has provided Basket with £250,000 in funding, according to a report in Tech.eu. Basket is a tech startup established by Lex Deak and William Neill…. Read More

Fintech Klarna Introduces UK’s Credit ‘Opt Out’ After Meeting with MP

Klarna, the global payments network and shopping destination, has today launched the UK’s first voluntary credit ‘opt out’, an additional tool in the Klarna app to help consumers save time, money and worry. The new feature will “help consumers achieve their financial goals by providing… Read More

European Fintech Enfuce and E-Commerce Firm Starcart Enhance Online Shopping with Embedded Payments

Enfuce, the European card issuing and processing Fintech, has been selected by  Finnish e-commerce aggregator start-up Starcart in order “to offer its retailers and shoppers the speed, security and convenience of embedded virtual card payments.” The partnership is set “to transform the way in which… Read More

Chargebacks911 Says E-Commerce Merchants Should Protect Themselves from First-Party Fraud

Post-COVID-19 holiday shoppers flocked to online sales “in unprecedented numbers in 2022, bringing along with it an increased risk of chargebacks.” Monica Eaton, founder of Chargebacks911, advises eCommerce merchants “to act now and protect themselves from first-party fraud.” As holiday shoppers navigated the post-COVID-19 inflationary… Read More

Increase in Online Sales Accompanied by Significant Rise in Chargebacks, New Report Reveals

Driven by the COVID-19 pandemic, U.S. eCommerce sales “increased by 50.5% from 2019 to 2021,” according to an update shared by Chargebacks911. While eCommerce growth is “predicted to slow to 9.4% year over year in 2022, online sales are expected to cross the $1 trillion… Read More

Citi Ventures Invests in Fintech Platform Wildfire Systems

Wildfire Systems Inc., a Fintech platform that powers white-label reward programs and shopping companions, announced that it has secured a strategic investment from Citi Ventures. The funding will “support Wildfire’s technological innovation and continued ability to deploy new features that will drive rewarding online shopping… Read More

MENA Region’s Kenzz, a Digital Commerce Solution Provider, Raises $3.5M

Kenzz, the “mass” e-commerce solution bringing reliable online shopping to the mass market in Egypt and MENA, recently announced that it has completed a $3.5 million seed fund raise. The investment round was “led by Outliers Venture Capital – a venture capital fund backing early-stage… Read More

Smart Shopping App Karma Introduces “Pay with Karma”

Karma, the fintech app that helps shoppers get what they want at the lowest price by scanning for coupons and getting price drop notifications, announced the launch of its innovative payment feature, Pay with Karma. The new embedded checkout “gives shoppers a simplified, one-swipe purchase… Read More

High-Potential Cross-Border Digital Commerce Markets Revealed in Airwallex, PPRO Report

China and the US present the “greatest” opportunity for cross border eCommerce expansion in 2022 and beyond, according to a joint report from Airwallex and PPRO. China has “the largest cross border eCommerce market with a total value in 2021 of USD 301.5 billion.” The… Read More

Consumers’ Online Payment Security Concerns Grow During Cost-of-Living Crisis: Report

Over half (59%) of consumers are “more concerned about becoming a victim of fraud now than they were in 2021.” That’s according to research released by specialized payments platform, Paysafe (NYSE: PSFE) which indicates that consumers across North America, Latin America and Europe are “prioritizing… Read More

BNPL Is Transforming Online Shopping for Younger Consumers, TrueAccord Report Reveals

Buy Now, Pay Later (BNPL) plans have taken over as a “popular” financing option for consumers, partly due to “an increase in online shopping demands during the pandemic,” the TrueAccord team notes in a blog post. In 2021, Americans “spent more than $20 billion through… Read More

Embedded Finance, Alternative Underwriting Options Allow BNPL Services to Support Easy Checkouts: Report

Since 2020, and the recent global pandemic, digital commerce has seen “exceptional growth,” according to an update from Juniper Research. Although the impact of COVID-19 certainly forced an increase in online shopping and eCommerce usage, it is clear that it is “a continuing trend,” the… Read More

American Express Enhances Blue Cash Everyday Card with New Benefits

American Express (NYSE:AXP) has launched the “refreshed” Blue Cash Everyday Card with “new online shopping rewards, credits for streaming and cooking at home, and a sleek new Card design.” Blue Cash Everyday now “offers 3% cash back on U.S. online retail purchases, at U.S. supermarkets,… Read More

Worldline and China’s Weixin to Streamline International E-Commerce

Worldline [Euronext: WLN], which claims to be an international leader in payment services, is assisting its digital commerce customers with entering the fast-evolving Chinese markets. Over 1.38 million Chinese consumers currently order various items from other nations. As noted in the update, the key to… Read More

Paytrail, Mastercard Reach Monthly Open Banking Milestone

Paytrail and Mastercard’s (NYSE: MA) partnership via Aiia, an Open Banking platform, is now supporting over 1 million open banking payments every month. Paytrail and Aiia have reportedly been working together since 2019, as they focus on supporting Open Banking enabled payments via digital commerce… Read More

Kasheesh, a Platform that Splits Online Payments Across Multiple Cards, has Launched

Kasheesh, a “first-to-market” digital payment platform, allows people to split payment for online purchases “across multiple combinations of debit and credit cards in any way they want, without added cost or interest hikes.” As part of its launch, Kasheesh has also announced it has raised… Read More

Fintech Klarna Introduces Virtual Shopping, Bringing In-Store Experience to Online Consumers

Klarna, a global retail bank, payments, and shopping service, recently announced the launch of its Virtual Shopping offering, “bringing the best of in-store to the online experience.” Virtual Shopping by Klarna “enables consumers to browse and buy online with confidence by connecting them directly with… Read More

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