Nevermined received fresh funding to develop a payment system tailored for seamless transactions between AI agents, addressing the limitations of traditional payment infrastructure in the rapidly evolving AI-Commerce space.
Whatnot Inc., a livestream shopping platform that competes with TikTok Shop, raised $265 million at a valuation of $4.97 billion.
In 2024, one in five consumers fell victim to scams, with the majority affected online, says Barclays fresh report.
KuCoin exchange has introduced a KuCoin Pay merchant solution aimed at integrating crypto payments into the retail sector.
What does online shopping have in store for consumers next year? As bricks-and-mortar sales still prevail, how can e-commerce win a fairer share in shoppers’ hearts? Let’s take a look at e-commerce trends expected in 2025 to find out.
A recent report indicates that 45% of U.S. online merchants have requested one-click checkout solutions from their payment service providers (PSPs) in an effort to enhance conversion rates.
Alibaba Group Holding Ltd. has agreed to form a joint venture for its South Korean operations with the e-commerce platform E-Mart Inc.
In the United States, the financial well-being of households remains healthy, as evidenced by the fact that local shoppers continue to spend money during the holiday season, searching for the most profitable goods deals on virtual trading platforms, making purchases of a significant cumulative amount of apparel, electronics, and jewelry.
Online retail shopping during the holiday season increased by 7.1%, according to Visa observations, though the majority of purchases still take place in brick-and-mortar stores.
Klarna payments will be automatically enabled for all the new merchants using the WooCommerce platform.
Flexible Klarna buy now pay later (BNPL) options are now available to eBay customers in more European markets.
Users in Canada checking out with Apple Pay online or in apps can now benefit from the flexible payment options offered by leading European BNPL provider Klarna.
Amazon and Intuit enhance their long-term collaboration to save sellers time and improve decision-making by providing seamless data synchronization between Amazon and QuickBooks platforms.
Walmart reported that at the beginning of the holiday shopping season, third-party sellers enjoyed record sales volumes.
Deutsche Bank Merchant Solutions capabilities are officially available in Australia, India, Indonesia and South Korea. They provide the bank’s clients with a global payment acceptance platform with a diverse range of local payment methods.
U.S. shoppers made online purchases worth nearly $10.8 billion on Black Friday using their mobile phones, laptops, desktops and other portable devices.
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