Payments News

On The Web

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Domains

After a Quarter Century, E-Commerce Heads Into New Territory

“Hard to believe, but e-commerce is a quarter-century old. Along the way, e-commerce radically changed retailing and payments, and now it’s heading into a future with more growth certain but where payments are more in the background. Visa Inc. this week reported in a blog post that the first e-commerce payment was made on Aug. […]
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Domains

Shopify Announces New Partner and Developer Tools, Plus an AI-powered Fulfillment Network

“Shopify today announced a slew of enhancements to its direct-to-consumer platform for brands. The company announced a new Shopify Plus for enterprise, unveiled its next-generation Point of Sale (POS) software, and added more language, payment, and store capabilities. The company also gave developers a handful of new tools. But the biggest news was arguably the […]
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Domains

Walmart Emphasizes Omnichannel With Canadian ‘Urban Superstore’

“Walmart will update an existing Toronto location with a new “Urban Superstore Concept” designed to meet the needs of young city-dwelling families. The location will feature tighter e-Commerce integration, more in-store technology and an improved product assortment, among other enhancements. One of the store’s key features is Fast Lane checkout technology, which leverages the My […]
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Companies

Walmart’s Q2 E-commerce Growth Bolstered by Online Grocery, Prime Day Sales Bump | ZDNet

“Walmart’s e-commerce business continues to be a bright spot in the company’s sales growth, with online grocery contributing significantly to its gains in digital. Walmart also gave a nod to its “four-day July sales event” that countered Amazon Prime Day for giving its Q2 e-commerce sales a boost. Overall, the world’s largest retailer reported comparable […]
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Domains

Major Credit Card Companies Launch a One-click Checkout Button

“If you’re shopping on Cinemark , Movember or Rakuten any time soon, you might see a new click-to-pay button at checkout. American Express, Discover, Mastercard and Visa have teamed up to create the new option for fast, secure online purchases. Their vision is to have one standard checkout button across all online retail websites, similar […]
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Companies

Walmart Posts 41% Online Sales Growth In Q3 As Grocery Investments Pay Off – Retail TouchPoints

“Walmart is headed into the holidays with a jolly outlook after posting Q3 online sales growth of 41% and a better-than-expected 3.2% growth rate in U.S. same-store sales. The company attributed the online sales growth to ongoing expansion of its online grocery services. Walmart as a whole now generates 56% of its revenue from food and grocery sales.”

On The Wires

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Domains

American Express, Discover, Mastercard and Visa Implement Click to Pay to Make Online Checkout Simple and Secure

“Today, American Express, Discover, Mastercard and Visa announced the arrival of faster, more secure online checkout based on the new EMV® Secure Remote Commerce (SRC) industry standard, establishing a simplified way for card payments to be made across web and mobile sites, mobile apps and connected devices. The networks have tested SRC technology in market […]
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Domains

Shopify to Acquire 6 River Systems

“With the acquisition of 6 River Systems, Shopify will add a team with decades of experience in fulfillment software and robotics, including experienced leaders from Kiva Systems (now Amazon Robotics). Adding 6 River Systems’ cloud-based software and collaborative mobile robots called “Chuck” to the Shopify Fulfillment Network will increase the speed and reliability of warehouse […]