Payments News » Remote Commerce

How Robots and Drones Will Change Retail Forever

October 15 2018

“We are in the early days of what might be called the “physical cloud,” an e-commerce ecosystem that functions like the internet itself. Netflix caches the movies you stream at a data center physically close to you; Amazon is building warehouse after warehouse to store goods closer to consumers. And the storage systems at those […]

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Using a selfie to verify your online card payment – the technology is here

September 17 2018

“Mastercard is hoping its Identity Check solution will become the technology of choice for banks looking to meet new requirements for verifying identities online as set out in the (Revised Payment Service Directive) (PSD2) legislation. The technology, which has been developed in part at the Mastercard Labs facility in Leopardstown, enables users to use biometric identifiers […]

Domains

Flipkart, Amazon off the hook: No ecommerce policy for now, govt plans a set of tightened rules

October 17 2018

“The Indian government has decided to shelve its draft ecommerce policy for the time being and will instead put in place a set of rules arrived at in consultation with the country’s top two ecommerce companies, Flipkart and Amazon, according to two senior government officials.”

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The Five Most Challenging Parts Of E-Commerce Checkout

November 20 2018

in
Remote Commerce

“Stated plainly, even when a shopper has a full cart and plans to complete the purchase, there’s still a significant chance that a merchant could lose that transaction. Here’s the simple truth: checkout is incredibly difficult to do right. One snag results in the same stark outcome: a lost sale. Merchants need not despair: Simply being […]

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Site Outages Plague Walmart, J.Crew, Lowe’s, Best Buy, Office Depot During Black Friday Weekend

November 28 2018

in
Remote Commerce

“Despite retailers having all year to prepare for the deluge of online shoppers on Thanksgiving weekend, some of the industry’s biggest players experienced web site outages throughout the weekend. Shoppers at Walmart, J.Crew, GameStop, lululemon, Ulta Beauty, Lowe’s, Best Buy and Office Depot all reported outages during the period between Wednesday and Cyber Monday, and these unhappy would-be buyers wasted no time highlighting the issues on […]

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Cyber Monday hits $7.9B in online sales, $2.2B spent via smartphones

November 27 2018

“Adobe — which tracks trillions of transactions across the U.S. among major retailers online — says that today will see $7.9 billion in sales online when all is tallied, up 19.7 percent on 2017’s figure of $6.6 billion. Mobile devices accounted for $2.83 billion in sales for the day, another high watermark — neatly 36 percent of all […]

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Cyber Monday to Test Limits of Retailers’ Websites as Shoppers Scour Deals

November 26 2018

“Cyber Monday is expected to draw over 75 million shoppers, according to research firm Planalytics. The much-hyped marketing day is expected to be the largest US online shopping day in history, yielding $7.8 billion in sales or 17.6 percent growth over last year, according to Adobe Analytics, which tracks transactions at most of the top […]

Domains

BigCommerce Adds Support for Venmo and Masterpass to Help Merchants Deliver on Consumer Checkout Demands

November 14 2018

in
Remote Commerce

“More than $35 billion in transactions were processed through Venmo in 2017 alone3. BigCommerce merchants using Braintree can now present a more intelligent personalized checkout experience, providing customers the option to choose from multiple payment options, including Venmo and PayPal Credit. When shoppers have Venmo enabled as a payment method on their mobile devices, it […]

Domains

BlueSnap Expands Local Payment Processing Capabilities to the Australian Market

September 18 2018

“BlueSnap, an online payments technology company, announced today the addition of local payment processing to its All-in-One Payment Platform for B2C and B2B businesses with customers in Australia. With a single connection to the All-in-One Payment Platform, BlueSnap allows businesses to process payments domestically, avoid costly cross-border fees and gain better conversion rates for increased revenue. They […]

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PayNearMe Celebrates Momentum of its Electronic Payments Platform, Shaking up the Traditional Payments Industry with a Technology-First Approach

December 6 2018

in
Remote Commerce

“PayNearMe’s electronic payment platform, which adds support for ACH and card payments to the company’s historical cash collection capability, is growing quickly and generating extremely positive customer reviews. The company’s electronic payment volume grew by more than 25 percent month-over-month in the past year, and expectations are to exceed that growth rate through 2020.”