Commerce

Commerce relates to "the exchange of goods and services, especially on a large scale". It includes legal, economic, political, social, cultural and technological systems that operate in a country or in international trade.

(source: en.wikipedia.org)

eCommerce
ByteDance Ramps Up eCommerce Hiring, Sponsors To Take On Alibaba
May 09, 2021

ByteDance, which brought TikTok to the world, is adding thousands of employees as part of a plan to challenge Alibaba in eCommerce, Bloomberg reported. Among the new employees are hundreds who are tasked with identifying potential counterfeits before they reach customers. The company has also...

eCommerce
Kount Unveils Dispute And Chargeback Management Solution
May 07, 2021

Kount, an Equifax company, revealed its Kount Dispute and Chargeback Management Solution, which links major card brand dispute and alert platforms with artificial intelligence (AI)-fueled fraud prevention. The offering stops chargebacks and sales losses from happening through a solution and dashboard, according to an announcement....

eCommerce
The Week In Payments: The Same-Day Delivery Surge, An EU Payment System And CPG’s D2C...
May 07, 2021

Another wild week in payments and commerce — perhaps one a bit wilder than usual as the week kicked off with a commerce holiday dedicated entirely to buying Star Wars merchandise and will conclude with cryptocurrency Doge Coin’s value potentially going “to the moon” this...

Commerce
NEW REPORT: How Online Merchants Build Trust With First-Time Customers
May 07, 2021

The digital shift that occurred during the early days of the pandemic due to many consumers employing digital channels to complete routine shopping tasks brought a new focus on consumers’ perception of retailers and their trustworthiness. Retailers were not only judged by consumers on the...

Social Commerce
Twitter Debuts ‘Tip Jar’ Feature For Tipping Beloved Accounts
May 06, 2021

Twitter is rolling out Tip Jar, a new feature to allow tipping for various tweets, according to a company blog post. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

eCommerce
Canada Sees Warehouse Space Shortage Amid eCommerce Boom
May 05, 2021

A warehouse space shortage fueled by the rise in eCommerce is disrupting the economy in Toronto, Canada’s largest city, and threatening to eat up all of the available storage space in the country, Bloomberg reported Wednesday (May 5) Get the Full Story Complete the form...

Social Commerce
Facebook’s Workplace Subscribers Up Over 40 Pct
May 05, 2021

With the continuing prevalence of remote work, many employers are now looking to create employee-centered positive experiences, regardless of where people work and live. Facebook now has more than seven million paid subscribers on its remote work portal Workplace, an increase of more than 40 percent...

eCommerce
eBay Adds Payoneer To Marketplace Payment Options
May 04, 2021

Global payment and commerce platform Payoneer is working with eBay to allow sellers in some countries to get paid for their sales on eBay’s marketplace. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

eCommerce
Riskified Debuts New Version Of Deco To Help Retailers Recoup Lost eCommerce Sales
May 04, 2021

Fraud-prevention technology company Riskified rolled out the newest iteration of Deco, which is a live technology for recouping orders lost to card-not-present (CNP) payment authorization failures, according to a Tuesday (May 4) announcement emailed to PYMNTS. Get the Full Story Complete the form to unlock...