Articles with tag like: online marketplaces

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Consumers are choosing BNPL options to purchase gifts ahead of Black Friday, Klarna reveals

News | Ecommerce | 25 Nov 2020

Klarna has released data that indicates a strong shift in consumer trends with US-based consumers increasing their share of wallet spend in electronics and online marketplaces through the Klarna app.

Klarna, research, US, consumer behaviour, online marketplaces, shopping behaviour, online shopping, ecommerce

Average remittance per transaction to decrease due to COVID-19, Tipalti data shows

News | Payments General | 12 Nov 2020

Tipalti, a global payables automation solution, has found that the average remittance per transaction (ART) during the COVID-19 pandemic across all transactions showed a decrease.

Tipalti, payables automation, accounts payable, study, remittance, online marketplaces, payments

COVID-19 driving an acceleration in adoption of identity verification

News | Digital Identity, Security & Online Fraud | 14 Oct 2020

A new research from Trulioo has found that 72% of online marketplaces have increased their adoption of ID verification technology as a direct consequence of COVID-19.

Trulioo, research, online marketplaces, ID verification, COVID-19, digital services, fraud, security risks, account creation, UK, US, cyber-crime

OpenPayd, Token to unlock Open Banking for businesses

News | Payments General | 13 Oct 2020

OpenPayd, an API-led Banking-as-a-Service provider, has teamed up with open banking infrastructure provider, LTD to bring Open Banking to OpenPayd’s customers.

Open Banking API, banking, payments, OpenPayd, Token, crypto, financial institutions, remittance companies, lenders, online marketplaces, banking payments

UK shoppers prone to buying from online marketplaces than directly from retailers

News | Ecommerce | 19 Aug 2020

New research by Adobe has revealed that more than half of the nearly 70% UK shoppers regularly buying online are doing so via marketplaces.

UK, shoppers, online marketplaces, retailers, research, Adobe, online shopping, high street retailers

Target, Walmart, Best Buy partner to fight counterfeiters on online marketplaces

News | Digital Identity, Security & Online Fraud | 17 Aug 2020

Target, Walmart, and Best Buy have initiated a coalition to fight counterfeiters on online marketplaces such as Amazon and eBay.

Target, Walmart, Best Buy, Coalition, counterfeiters, online marketplaces, Amazon, eBay, Buy Safe America Coalition, retail, third-party sellers, fake goods, fraudulent products, ecommerce, coronavirus, INFORM Consumers Act, scam

Payaut launches an automated payment solution for online marketplaces

News | Online Payments | 07 Jul 2020

Netherlands-based fintech Payaut has launched an automated payment solution for online platforms and marketplaces. 

Payaut, launch, automated payment solution, online marketplaces, PSP, Adyen, Stripe, Mollie, Know Your Customer, KYC, PSD2, funding round, LocalGlobe, Finch Capital, fintech

The state of online marketplaces during COVID-19 – interview with Marketplace Risk on their Masters Program

Interviews | Ecommerce | 26 Jun 2020

Jeremy Gottschalk from Marketplace Risk shares the way online marketplaces thrive and survive during the pandemic, and they way they adapted to the ‘new normal’

Marketplace risk, online marketplaces, gig economy, COVID-19, Master Program

The payments sector has the tools to respond to the new challenge

Voice of the Industry | Online Payments | 05 May 2020

Anders la Cour of Banking Circle on how the landscape for access to payments services and funding has changed during the crisis

Anders la Cour, Banking Circle, payments, merchants, COVID-19, online marketplaces, SMEs, banks, fintech, small businesses

Signicat, Online Payment Platform to verify seller identities for online marketplaces

News | Digital Identity, Security & Online Fraud | 11 Feb 2020

Signicat, a digital identity company, and Online Payment Platform, a payment platform, have today announced a partnership which verifies the digital identities of sellers on online marketplaces.

Signicat, online payment platform, online marketplaces, identity verification, merchants, digital identity, payments, security, iDIN, itsme

BitTorrent accepts cryptocurrencies for Pro & Ads Free products

News | Cryptocurrencies | 28 Nov 2018

BitTorrent has announced that customers can pay for its Pro and Ads Free products in TRX, BNB, and BTC.

BitTorrent, cryptocurrencies, online marketplaces, decentralized currencies, payment gateway

EU lawmakers to rein in online marketplaces

News | Ecommerce | 15 Oct 2018

A key EU lawmaker has announced proposals aimed at curbing online marketplaces’ use of merchants’ data to boost sales of own brand products.

online marketplaces, merchants, unfair business practices, ecommerce, law, regulations, voice assistance, Europe

The push for local payouts and the disruption to foreign exchange

Interviews | Interviews | 22 Jun 2018

Bill Crowley, Hyperwallet: Marketplaces actually created a new foreign exchange opportunity, and many payment companies and currency brokers focused on servicing this new, untapped market. 

foreign exchange, FX , marketplaces FX, online marketplaces, payout providers, hyperWALLET

eBay to sell its holdings in Flipkart

News | Ecommerce | 11 May 2018

eBay has notified Flipkart and Walmart that it intends to sell its holdings in Flipkart, which will represent gross proceeds of approximately USD1.1 billion. 

eBay, online marketplaces, Flipkart, Walmart, ecommerce India

eBay and PayPal finalize new payments agreement

News | Online Payments | 24 Apr 2018

eBay and PayPal have signed a previously-announced agreement to offer PayPal as a way to pay on eBay until July 2023. 

eBay, PayPal agreement, PayPal payment option, online payments, online marketplaces

Kahuna launches SaaS for ecommerce marketplaces

News | Ecommerce | 09 Apr 2018

Kahuna, an AI-based marketing technology company, has launched a suite of buyer and seller tools tailored exclusively for marketplace businesses. 

Kahuna, SaaS, ecommerce, online marketplaces, SaaS for ecommerce, ecommerce solutions

Indian ecommerce marketplaces to face more legal bindings and liability

News | Ecommerce | 21 Mar 2018

The Consumer Protection Bill set to be adopted by the Indian Parliament will make ecommerce players liable for fraudulent sales and defective products sold on their platforms. 

India ecommerce, online marketplaces, consumer protection bill, ecommerce regulations

In 2018 eBay bets on technology to deliver personalized customer experiences

News | Ecommerce | 15 Feb 2018

eBay has announced in a blog post that it will focus on AI technology and augmented reality to offer personalized shopping experiences.

eBay, ecommerce, online retail, online marketplaces, customer experience, AR, AI

The Myth of the Borderless Marketplace Economy

Voice of the Industry | Expert Opinion | 10 Jan 2018

What do online marketplaces need to become truly global? Michael Ting, SVP of Digital Markets at Hyperwallet debunks the current myth and comes up with some possible solutions.

Michael Ting, hyperWALLET, marketplace economy, online marketplaces, cross-border online marketplace, Global Marketplace, ecommerce

Amazon offers third-party sellers discounts

News | Ecommerce | 08 Nov 2017

Amazon has announced that it will offer discounts for products sold by third parties on its website.

Amazon, ecommerce, Amazon discounts, online marketplaces, online retail