E-commerce

E-commerce

US Cyber Monday sales record
E-commerce Retail

Cyber Monday sends sales records tumbling

The results are all in except for the exchanges and gift returns and Cyber Monday set record US online sales of more than $9.4 billion, up 19.7% over last year, according to Adobe Analytics. Even more noteworthy was the $3 billion spent using smartphones on ...
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Black Friday online sales $7.4 billion
E-commerce Mobile Payments Retail

US Black Friday breaks records with $7.4 billion sold online, +19%

Black Friday broke record online sales in the US with $7.4 billion purchased by online shoppers according to Adobe Analytics which highlighted three trends: • Average order value grew 5.9% over Black Friday last year to a record of $168. • Smartphones accounted for 39% ...
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2019 Thanksgiving Day sales jumped 14.5%
E-commerce Retail

Thanksgiving Day online sales tasty, up 14.5%

Knowing that time is at a premium on this holiday weekend, we’ll just rattle off a few quick holiday sales headlines with links and you can pick what you want to read while you enjoy your leftover Thanksgiving turkey sandwich. Tasty! That would pretty much ...
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black Friday sales predictions 2019
E-commerce Retail Slider

Ready, fire, aim: Black Friday sales start early; projections positive

It’s already over, except for the actual holiday sales according to the pundits and analysts and there’s not a turkey among them. Here’s a quick snapshot of who’s predicting what for Black Friday through Cyber Monday as well as the entire 2019 holiday sales season. ...
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global payments news
E-commerce Fintech Payments Trends Retail

Nov 22 Global payments news roundup

Yes, we know you’ve been watching the impeachment hearings but it’s time to get caught up on global payments news from around the globe. We start with PayPal’s acquisition of shopping and rewards technology company Honey and why it makes strategic sense. TransUnion takes a ...
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PayPal acquires Honey
E-commerce Loyalty Payments Technology

PayPal seeks rewards gold in Honey acquisition

PayPal announced the acquisition of Los Angeles-based consumer shopping and rewards technology company Honey for $4 billion. Launched in 2012, Honey has 17 million active users who use the platform to find savings as they shop online at more than 30,000 participating online merchants in ...
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risk
Credit Card & Online Fraud E-commerce

TransUnion fraud survey highlights merchant holiday sales risks

With Black Friday and Cyber Monday approaching, online sellers are gearing up for the most important sales event of the year. Unfortunately, fraudsters are also gearing up and consumers are concerned. According to a new report from TransUnion, nearly half of consumers (46%) are worried ...
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Sao Paulo, Brazil
Banking E-commerce Payments Research

How to expand your business into Latin America

By Javier Vallaure, General Manager LATAM at PPRO Latin America is a continent of contrasts – both culturally and economically. The region comprises countries whose per capita GDP compares favorably with mid-ranking European nations, but also those whose citizens are among the poorest globally. Despite ...
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global payments news
Banking E-commerce Payments Trends

Nov 15 Global payments news roundup

Here’s what we found noteworthy in the global payments news this week. Brightwell with NCR is growing its payments niche market with cruiseship crews. Google Bank? The tech giant announced plans for a new banking account service in partnership with Citigroup. A record $38.4 billion ...
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2019 Singles Day sales results
E-commerce Retail

All you need to know about 2019 Singles Day sales

The numbers are in and it was another massive Singles Day sales success with more than $38.4 billion in sales in just 24 hours. That’s more than Amazon’s entire third-quarter sales – in one day. The best way to get a handle on it is ...
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