The projected 15% increase in digital ID verification checks continues the growth trend seen in the previous year, when verification checks expanded by 16%, fueled by surging e-commerce transactions.
Alibaba Group Holding’s international wholesale marketplace, Alibaba.com, expects all sellers on this virtual platform to adopt its artificial intelligence tools by the end of the current year.
Global online marketplace Temu is partnering with Canadian fintech company Nuvei to provide worldwide customers with greater access to local payment methods.
A smooth and well-balanced payment process is vital for every business. That’s why it requires continuous optimisation as the business processes and customer needs evolve with time. There are numerous strategies that improve the performance of payment processing methods. Which one would you choose?
Popular BNPL provider Klarna keeps expanding its reach and accessibility through collaboration with JPMorgan Payments.
Adyen partnered with Tink and Recharge to introduce Pay by Bank – a payment method that allows customers to pay directly from their bank accounts, simplifying the payment process and reducing delays.
Did you know that over 80% of companies dealing with online sales struggle to figure out the reasons for payment failures? If you don’t know the core issue you can only try to patch the visible outcomes but will always fail to solve the problem. So, why is getting to the bottom of the failed […]
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.
© 2025 PAY SPACE, LLC
03148 Ukraine, Kyiv, 2A P.Kurinoho str.
