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

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 Investments Retail eCommerce 49

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

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

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

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 Leverage 124

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

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 Accounting 135

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

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

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

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

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

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

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

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

AUGUST 21, 2020

A number of them provide suggestions for the appropriate replenishment schedule. Instructors want fast payment in local currencies, and students want to use their preferred payment methods as well as home currencies. Census Says eCommerce Sales Grew 44 Pct YOY – Why It Could Be Even More Than That.

Finance 63

Finance B2B Currencies eCommerce 63

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

SEPTEMBER 11, 2020

Mastercard Leads New Central Bank Digital Currency Test Platform. Mastercard has unveiled a new Central Bank Digital Currency (CBDC) test platform. The redesigned app was created to meet expectations of shoppers as they move from shopping in stores to eCommerce. Trackers and Reports.

Currencies 56

Currencies Numbers Communication Banking 56

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 Compliance Numbers Currencies 94

PYMNTS

DECEMBER 4, 2020

FedEx Makes Major Foray Into eCommerce By Buying ShopRunner. FedEx has acquired ShopRunner, an eCommerce platform that provides access to shopping and two-day delivery to over 100 brands. The acquisition pushes the delivery firm into the center of the explosively growing eCommerce ecosystem. Top Trackers And Reports.

Currencies 60

Currencies eCommerce Treasury Retail 60

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 B2B eCommerce 74

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

NOVEMBER 5, 2019

Amazon shoppers in Jamaica can now pay for their items in local currency at Western Union locations across the country, according to a release on Tuesday (Nov. Amazon and Western Union say the partnership will help get eCommerce goods to people who wouldn’t normally have access to them.

Currencies 40

Currencies eCommerce Numbers Retail 40

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

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

DECEMBER 2, 2019

Insidious shopping bots infiltrate eCommerce sites year-round, but the holiday season brings them out in droves, with 20 bots for every one human, NBC reported on Saturday (Nov. Even more damaging, they can break into shoppers’ accounts and steal card numbers, rewards, digital currency and personal data.

Currencies 52

Currencies Retail eCommerce Accounting 52

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

JANUARY 15, 2021

Once considered the leaders of number-crunching and cash management, treasurers today have become enterprise leaders. Whole Paycheck Tracker: Amazon, Walmart Gain Q3 eCommerce Sales, But Lose Share Of Total Spend . The newest regulatory debate over digital currency boils down to privacy versus security.

Currencies 58

Currencies Cash Management Retail Securities 58

PYMNTS

AUGUST 20, 2019

China’s eCommerce giant Alibaba is hoping to boost cross-border trade by upgrading its wholesale business and adding a new sourcing channel, The Payers reported on Monday (Aug. Alibaba posted results earlier this month that topped expectations as eCommerce sales continued to surge by double-digit percentages.

eCommerce 46

eCommerce Currencies Economics Sales 46

PYMNTS

NOVEMBER 19, 2020

Mobile apps are proving more important than ever in facilitating domestic sales between businesses and consumers in the nation, according to Karthik Raghupathy , head of business development and strategy at eCommerce payment system and digital wallet provider PhonePe. Merchants are also finding that they need to get online, he added.

eCommerce 63

eCommerce Currencies Leverage Retail 63

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 Currencies 77

PYMNTS

NOVEMBER 20, 2017

While eCommerce is booming, some marketplaces are having better (or worse) luck than others, and digital currencies are seeing astonishing fluctuations. Here are the numbers: 180,000 | Number of merchant storefronts that have been shut down to date for peddling counterfeit merchandise on Alibaba’s eCommerce sites.

B2B 43

B2B Currencies eCommerce Numbers 43

PYMNTS

JUNE 1, 2020

Cross-border numbers saw a 45 percent drop in revenues, excluding intra-Europe transactions. However, the brightest spot was for digital eCommerce transactions, which have been growing steadily through the pandemic as people turn more often to the internet to buy goods in the absence of being able to go out in person.

B2B 54

B2B Currencies Economics eCommerce 54

PYMNTS

NOVEMBER 13, 2019

He said the global economy had been marked by the emergence of new technologies and social media, eCommerce platforms and all manner of promotions delivered across smartphones and tablets. By way of contrast, he said, real-time redemption solutions let customers find out they can redeem existing points as currency for instant savings.

Currencies 47

Currencies Retail Sales Budgeting 47

PYMNTS

MARCH 8, 2018

Going global is no longer a nice-to-have for online merchants; it really is a must for those who hope to grow their brand and remain competitive in the eCommerce space. The number of accepted payment methods is increasing, and the number of clicks and pages to checkout is decreasing. Start with currencies.

Currencies 44

Currencies Math eCommerce Numbers 44