PayPal’s venture capital arm has invested $11 million in online returns service Happy Returns. The funding is the largest round to date for the company, bringing Happy Returns’ total raise to $25 million. “It’s a huge validation for us,” Happy Returns Co-Founder and CEO David...
Before Ankush Sehgal co-founded Try.com, he saw the benefits of try-before-you-buy with his family’s luxury discount store that sold high-end designer brands in London. As was common for luxury retail shops, the store had a black book of VIP customers. Each time a new collection...
Returns can be a headache for everyone involved: merchants, customers and even the logistic middleman. And eCommerce merchants have the added difficulty of not having accessible storefronts for the customer to drop off returns. Shipbob, which started as a way to help merchants distribute online...
Free shipping and returns may increasingly be expected by U.S. online consumers, but it’s a whole different ballgame when it comes to international purchases. In this month’s PYMNTS X-Border Payments Optimization Tracker™, PayPal’s Director of Global Merchant and Cross-Border Trade Initiatives, Melissa O’Malley, talks to...
July 09, 2019
Kohl’s has announced that Amazon Returns is now available at more than 1,100 Kohl’s stores nationwide. “The nationwide rollout of the Amazon Returns program is our single biggest initiative of the year,” said Michelle Gass, Kohl’s chief executive officer in a statement. “Our top strategic priority is driving traffic, and this transformational program does just […]
April 25, 2019
PayPal’s venture capital arm has invested $11 million in online returns service Happy Returns. The funding is the largest round to date for the company, bringing Happy Returns’ total raise...
