PYMNTS

NOVEMBER 6, 2020

As eCommerce and B2B payments expand across borders, time zones and currencies, virtual international bank account numbers (IBANS) can pave the way for firms to capture online sales efficiently — and bypass the frictions of traditional banking relationships. . The banks need to be connected to the eCommerce world.

B2B 98

B2B eCommerce Currencies Compliance 98

PYMNTS

AUGUST 5, 2020

To that end, as Coinstar CEO Jim Gaherity told PYMNTS, the stage is becoming increasingly set for currency — the literal cold, hard stuff of bills and coins — to be rendered in bits and bytes. Consumers, he said can buy bitcoin today through its back-end partners that manage digital wallets for the consumer. The Brick-And-Mortar Component.

Currencies 135

Currencies Advertising Numbers Retail 135

PYMNTS

OCTOBER 10, 2018

As part of the agreement, First Data and BlueSnap said they will collaborate to roll out BlueSnap’s eCommerce services to First Data’s bank and distribution partners. “As The general numbers that beat the Street: adjusted earnings per share came in at $0.39, two pennies better than expected, while revenues were $2.5 billion.

eCommerce 65

eCommerce Currencies Financial Data Securities 65

PYMNTS

JANUARY 10, 2019

Some might think of eCommerce as a global force, where technology underpins transactions done 24/7, and where even the smallest businesses can see significant top-line gains as they tap new markets. Chinese companies have to work with banks and regulators, increasingly on a daily basis, as they pursue outbound eCommerce.

eCommerce 63

eCommerce Compliance Currencies Accounting 63

PYMNTS

NOVEMBER 17, 2016

For the third quarter in a row Walmart has beaten analysts’ predictions on revenue and marked same-store sales increases (a difficult magic trick in retail these days) — and in Q3 the company also had some more than solid growth in eCommerce lines and on the global scene. By The Numbers . percent (excluding currency swings).

eCommerce 63

eCommerce Forecasting Sales Retail 63

PYMNTS

SEPTEMBER 21, 2020

Artificial intelligence (AI) can improve the eCommerce experience – not just in terms of warding off fraud, but also in making sure payments can be processed efficiently and that the most effective payment gateways are accessed. Merchants, quite logically, want to keep transaction conversion rates high.

eCommerce 124

eCommerce Currencies Securities Accounting 124

PYMNTS

AUGUST 7, 2020

While the barriers to reaching an international consumer base are low thanks to innovations in eCommerce, online retailers and merchants still struggle to provide their global consumers with the same payments experience their domestic ones have. Providing Payer Certainty.

Foreign Exchange 120

Foreign Exchange eCommerce Retail Currencies 120

PYMNTS

MARCH 31, 2017

Cross-border B2B payments company eNett International is expanding its reach by adding support for more currencies. The company said Thursday (March 30) that it will add the Mexican peso, Russian ruble and Turkish Lira to its currency suite in support of cross-border B2B payments for the travel industry.

Currencies 44

Currencies B2B eCommerce Numbers 44

PYMNTS

AUGUST 19, 2016

Russia’s love-hate relationship with digital currency continues. Now, Russia has overcome its fears and has opened the first digital currency exchange. The new exchange will provide 24/7 currency exchange services and, according to News BTC , the Russian exchange is an actual office. In the first half of 2016, 7.8

Currencies 44

Currencies eCommerce Technology Startups 44

PYMNTS

FEBRUARY 1, 2019

Earnings, earnings everywhere, and so what do the numbers tell us? Across eCommerce, across payments giants, across social media, the last several days have been a deluge of data. Revenues were up 6 percent on a currency-neutral basis to $2.87 Revs of $72.4 billion beat estimates of $71.9 Commercial Cloud was $9.4

Numbers 46

Numbers Advertising Currencies Accounting 46

PYMNTS

JUNE 12, 2018

Walmart’s pursuit of eCommerce growth also demonstrates a willingness to rise to meet the growing consumer demand for convenience. Schmid said it’s too soon to tally up the numbers, since the season just started a couple weeks ago. We’re thinking about time as a currency, just like money.”. The answer isn’t clear yet.

Currencies 49

Currencies Retail Investments Numbers 49

PYMNTS

MAY 3, 2018

The headline numbers showed earnings of $1.50 The net revenue number of $3.6 billion, up 31 percent year on year and 27 percent in constant currency terms, was better than the $3.3 Within that number, credit was up 9 percent, and debit 12 percent. a share on an adjusted basis, easily outpacing the Street at $1.24.

Currencies 48

Currencies Numbers CFO Retail 48

PYMNTS

MAY 19, 2017

So it was, sizzlingly so, when Walmart posted its fiscal first quarter numbers Thursday. In commentary from management after the release, Walmart Stores CEO Doug McMillion said that “We need to scale our eCommerce business further and see some additional strength in our store comps to deliver the results we know we’re capable of.” .

eCommerce 52

eCommerce Banking Investments Sales 52

PYMNTS

OCTOBER 25, 2017

But when it comes to eCommerce, consumers tend to have specific needs and preferences, and merchants have competitors. Thankfully, the PYMNTS X-Border Payments Optimization Index knows which online marketplace features are most important to global consumers and has determined which eCommerce players are best meeting their demands.

eCommerce 43

eCommerce Currencies Numbers Retail 43

PYMNTS

OCTOBER 24, 2019

A new survey has found that the biggest obstacles hindering online retailers from doing business abroad is fraud prevention, and currency and payment processing. retailers ship outside the country due to fraud concerns, as well as the challenge of accepting foreign currencies and payments.

Currencies 40

Currencies Retail Sales eCommerce 40

PYMNTS

MAY 22, 2018

For example, the rocky launch of the eCommerce chatbot over the last year has proven this problem. Peeks was born about six months ago as a live-streaming platform that gives users — with the app download and quick set up — access to an eCommerce-enabled live-streaming platform. Making It Better With Money. Why It Works.

eCommerce 47

eCommerce Advertising Currencies Sales 47

PYMNTS

JANUARY 19, 2021

Western Union enables cross-currency, cross-border transfers in 200 countries and territories. Walmart has about 11,400 stores under 55 banners in 26 countries and eCommerce websites, according to the release. Walmart’s payroll numbers 2.2 Its fiscal year 2020 revenue hit $524 billion. million associates worldwide.

Healthcare 87

Healthcare Currencies Retail eCommerce 87

PYMNTS

FEBRUARY 2, 2021

The conversation came against the backdrop where i2c announced a partnership with TAG, to launch a super app that provides instant payments capability to Pakistan’s unbanked adult population, which at present numbers about 100 million individuals. In commerce and in the great pivot away from cash, challenges remain — tied to acceptance.

eCommerce 94

eCommerce Numbers Compliance Currencies 94

PYMNTS

NOVEMBER 2, 2018

1) — and trained a spotlight on the lures of eCommerce done cross-border. Looking at the largest business segment known as consumer-to-consumer (C2C), which is 80 percent of the company’s top line, revenues were up 2 percent on a constant currency basis, outpaced by transaction growth of 4 percent. billion were just shy of the $1.42

Currencies 74

Currencies CFO eCommerce B2B 74

PYMNTS

FEBRUARY 8, 2018

Cross-border payments related to China’s eCommerce market reached $1.07 LianLian can accept invoice and eCommerce payments from financial institutions using RippleNet and then disburse those funds to Chinese payees, the company explained. trillion in 2017,” said Ripple Director of Joint Venture Partnership Emi Yoshikawa in a statement.

B2B 77

B2B Invoicing eCommerce Currencies 77

PYMNTS

AUGUST 8, 2019

To better gauge the demand for instant payments PYMNTS interviewed five executives from various industries, ranging from gig economy to eCommerce, on how they are working to meet their customers’ and partners’ shifting payment needs. But offering payouts in real time and in different currencies is often easier said than done.

Currencies 75

Currencies eCommerce Retail Communication 75

PYMNTS

JULY 29, 2020

PayPal said that in addition to the overall company’s record performance, Venmo put up all-time-best numbers as well. Rainey said PayPal is also continuing efforts “around expanding the Pay with Venmo in an eCommerce setting.”. We’re committed to supporting our consumers and merchants as they work to safely navigate this new reality.”.

Forecasting 84

Forecasting Currencies Entertainment eCommerce 84

PYMNTS

JUNE 16, 2020

dollars, British pounds and euros as well as routing numbers to help with the cumbersome costs and time it takes to do business internationally. The idea is for those SMBs to get paid “like a local business,” even when doing business around the world and in other currencies, according to the release.

Accounting 64

Accounting Currencies eCommerce Banking 64

PYMNTS

JANUARY 15, 2018

In the January PYMNTS.com B2B API Tracker , powered by FI.SPAN, the numbers present a picture of the B2B payments ecosystem embracing APIs to become faster, more agile, and more global. million: the value of investments for B2B eCommerce companies in 2017 , a seven-year high, according to reports.

B2B 77

B2B B2C eCommerce Banking 77

PYMNTS

APRIL 15, 2016

Number of Payment Options are up. According to the research from PayPal and Ipsos, merchants who offer multiple languages and currencies are the most likely to find success. merchants, more than 30 percent say that the option to pay for their purchase with their own currency makes them more likely to shop across borders.

Currencies 40

Currencies Sales eCommerce Numbers 40

PYMNTS

JULY 29, 2020

The Philippines central bank is now considering creating its own central bank digital currency (CDBC), it said during a virtual meeting, having formed a committee to address the issue, Bloomberg reported. Benjamin Diokno , governor of the bank, said he doesn’t personally think the digital coins pose a threat to other types of currency.

Banking 66

Banking Securities Currencies eCommerce 66

PYMNTS

FEBRUARY 20, 2020

Customers are rewarded “time currency” at the time of their checkout by using their Google Maps timeline to demonstrate precisely how far and long they have traveled to get to IKEA. That time currency can be put directly toward their purchase or it can be banked over time. The program works on two levels to boost business.

Retail 75

Retail Currencies Construction eCommerce 75

PYMNTS

MAY 20, 2016

Less positive — even from Walmart’s executive team’s point of views — was the growth over in eCommerce, which notched in at 7 percent. eCommerce Is “Too Slow” . “Globally, on a constant currency basis, eCommerce sales and GMV grew 7 percent and 7.5 percent, respectively.

eCommerce 40

eCommerce Retail Sales Construction 40

PYMNTS

MARCH 24, 2020

BlueSnap’s Marketplaces tool will let businesses streamline those roadblocks and find ways to get large numbers of companies on board instantly, setting up individual payment processes, transaction splits and scheduling, while BlueSnap handles the way funds are distributed.

eCommerce 46

eCommerce B2B Currencies Retail 46

PYMNTS

NOVEMBER 12, 2018

In Chinese currency, gross merchandise value (GMV) totaled 213.5 The Chinese eCommerce retailer had been billing this year’s occasion as “the largest-ever in terms of scale and reach.”. Since then, the company said, the number of internet users in China has grown to 802 million. billion during the 24-hour shopping event.

Sales 63

Sales eCommerce Retail Currencies 63

The Finance Weekly

NOVEMBER 8, 2022

As the number and quality of software tools increases, companies are constantly looking to find better ways to cut down on manual work and increase efficiency. Finance is responsible for a large number of critical operations in a business. Finance is responsible for a large number of critical operations in a business.

Financial Planning and Analysis (FP&A) 98

Financial Planning and Analysis (FP&A) Finance Accounts Payable Invoicing 98

PYMNTS

MARCH 28, 2019

The platform economy is global in scope, spanning countries, borders, languages and currencies. Digital meeting places, you might call them – bringing buyers and sellers together across any number of verticals, from eCommerce tied to retail to gig economy matchups that get projects done.

Currencies 56

Currencies eCommerce Retail Numbers 56

PYMNTS

MARCH 26, 2019

For many firms, these trends are forcing the introduction of an FX strategy on a company for the very first time, and when corporate treasurers aren’t prepared, they can run into complications beyond the cost of currency exchange. A recent controversy at American Express highlighted that risk for SMBs. The scope became very large.”.

Foreign Exchange 69

Foreign Exchange Currencies Cash Management Profit and Loss 69

PYMNTS

SEPTEMBER 2, 2020

In a bid to attract new customers and sell $13 annual subscriptions to Amazon Prime, the paid service that gives users access to extra services, the eCommerce giant has added insurance and gold to its menu, Reuters reported. It also helped that high-value currency notes were banned that year and fueled digital payments as Walmart Inc.,

Auditing 78

Auditing Currencies Startups eCommerce 78

PYMNTS

JUNE 26, 2019

A decade is a nice, round number — a convenient marker for what has come and what is coming. Call it the sunsetting of the 2010s, an opportune time to preview everything from eCommerce to artificial intelligence (AI), from A to Z — here, we can term it APIs to Zelle.

Risk Analysis 82

Risk Analysis B2B Currencies eCommerce 82

PYMNTS

OCTOBER 7, 2019

Access to smartphones is giving people unprecedented access to financial services, Libra recounted at launch – and the Libra network and currency, coupled with the Calibra wallet, would accelerate and democratize access to those services. These are the same 1.5 billion people that Libra said at launch it intended to help.

Currencies 79

Currencies Advertising Construction Financial Systems 79

PYMNTS

JULY 29, 2020

The Philippines central bank is now considering creating its own central bank digital currency (CDBC), it said during a virtual meeting, having formed a committee to address the issue, Bloomberg reported. Benjamin Diokno , governor of the bank, said he doesn’t personally think the digital coins pose a threat to other types of currency.

Banking 58

Banking Securities Currencies eCommerce 58