New research by ActiveViam shows nearly three-quarters of retailers are concerned about their ability to compete with Amazon pricing. 71% said that they are concerned about being outpriced by Amazon — with 41% saying they are “very concerned.” In addition, 49% of respondents were concerned ...
Read more
E-commerce
E-commerce
Another week, another $6.2 billion+ in record Amazon Prime Day sales. That’s our lead story and we’re sticking to it, even though some are saying it might have reached $7 billion. Some back-to-school shopping was done and the NRF estimates $80.7 billion will be spent ...
Read more
Amazon Prime Day is over and all that’s left is for Amazon head office to celebrate record sales and the rest of us Prime members to wait for our stuff to be delivered today or tomorrow. And what a two-day success it was as analysts ...
Read more
There’s good news and there’s not-so-good news with US back-to-school spending predictions this year. The National Retail Federation (NRF) and Prosper Insights and Analytics research show the good news is that average spending on most product categories will be up. The positive economy is a ...
Read more
Put aside any preconceived ideas or misconceptions about e-commerce in Latin America. E-commerce in the region is growing at 25% to 30% and past barriers to doing business and handling payments are fast disappearing with the growth of e-commerce, mobile adoption, new payments options, and ...
Read more
Our weekly global payments news roundup has an international flavor this week, starting with a look at Walmart’s unexpected bonus of payments provider PhonePe in its acquisition of Flipkart. Digital payments are taking off in India and PhonePe is poised for growth. In Japan cash ...
Read more
If you’re a US business, selling products and services with recurring payments in foreign markets can be a challenge. Many foreign consumers and businesses simply don’t prefer to pay with credit cards, in contrast to US payments preferences. In fact, a recent Global Payment Preferences research ...
Read more
Happy July 5 to our US readers and welcome to this week’s global payments news roundup. We start with a look at the growing Chinese traveler payments market and CITCON’s EU expansion. Most consumers pick online payments security over convenience, but to the Brits, it’s ...
Read more
This week’s global payments news roundup starts with Amazon’s launch of a new delivery option called Counter and partnering initially with 100 Rite Aid locations. Kount AI is a new fraud detection program built on artificial intelligence that simulates a skilled fraud analyst. Coresight Research ...
Read more
The trunk of your car, your car garage, employee-owned delivery vehicles, driverless vehicle and robot deliveries, standalone lockers, its own Prime Air fleet, potential drone deliveries, a pickup and return partnership with Kohl’s stores. Amazon has tested many options for customers to get delivery of ...
Read more