E-commerce

E-commerce

payments trends
E-commerce Mobile Payments

7 payments industry trend-charts worth a look

By Jeff Domansky, Feb 18, 2021 When it comes to keeping up with payments industry trends, sometimes the pictures are worth more than 1000 words. Here are seven recent payments industry and e-commerce trend charts worth a second look at and to help you stay ...
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Uber acquires Drizly
E-commerce Logistics

Uber bellies up to alcohol delivery firm Drizly

By Jeff Domansky, Feb 11, 2021 Uber really does want to be all things to all people. As part of its growth strategy, last week it purchased Boston-headquartered alcohol delivery firm Drizly for $1.1 billion in cash and shares. At first glance, it looks like ...
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PayPal record 2020 financial results
E-commerce Mobile Payments Payments Trends

Record: PayPal’s big, no VERY BIG year

By Jeff Domansky, Feb 4, 2021 Amazon’s not the only company to release record-high Q4 financial results. PayPal just ran the table with impressive Q4 and 2020 financials during a year when the pandemic hit many other businesses hard. The company nearly doubled the number ...
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Amazon record Q4 results
E-commerce Fintech

Amazon record earnings rock the e-commerce world

By Jeff Domansky, Feb 3, 2021 The record Q4 2020 earnings report for Amazon crossed the $100 billion level for the first time, nearly eclipsing the most important news of the day – founder Jeff Bezos’ decision to step down as CEO. Bezos used Amazon’s ...
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contactless payments tsunami
Banking E-commerce Payments Trends

Contactless payments are here to stay for merchants & consumers

By Jeff Domansky, Feb 1, 2021 Contactless payments are now approaching tsunami size. The latest Visa Back to Business Study shows just how far and fast adoption has occurred by merchants and consumers, even in the lagging US market. The research covered business and consumers ...
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2020 retail sales +8.3%
E-commerce Retail

NRF: holiday sales up 8.3% despite pandemic; some in survival mode

By Jeff Domansky, Jan 18, 2021 The National Retail Federation (NRF) said holiday retail sales in the US were 8.3% higher during the Nov-Dec 2020 shopping season than last year, despite the lingering impact of the coronavirus pandemic. Sales reached $789.4 billion, surprising the NRF ...
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False declines cost billions in lost revenue
Credit Card & Online Fraud E-commerce Payments Research

Shocking cost of lost business from false customer declines

By Jeff Domansky, Jan 15, 2021 New research from Forter shows merchants losing billions of dollars in missed opportunities as they struggle to balance the growing incidence and cost of fraud with the impact of false declines of good customers, particularly for new online shoppers ...
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2021 payment industry trends
E-commerce Payments Trends

Payments in 2021: What’s ahead after the digital boom

By Stefan Merz, Chief Operating Officer at PPRO, Jan 12, 2021 It has been a year of momentous change for the payments industry. Previously, emerging trends have seen a massive acceleration as a result of the pandemic. Years of transformation happened in just a few ...
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Stripe cancels payment processing for Trump campaign
Cybersecurity E-commerce

Stripe stops payment processing for Trump campaign

By Jeff Domansky, Jan 11, 2021 Stripe announced it will no longer process payments for the Trump campaign website and fundraising after last week’s riots at the Capitol building in Washington, DC. On its website, the credit card processor’s terms of service say that users ...
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Trump online stores closed by Shopify
Cybersecurity E-commerce

Shopify shutters Trump online stores

By Jeff Domansky, Jan 8, 2021 Shopify closed two Trump brand stores on its e-commerce platform yesterday in response to the Wednesday violence at the Capitol building in Washington DC. Shopify shuts Trump online store The Ottawa, Canada e-commerce giant powers e-commerce stores for more ...
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