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Posts Tagged ‘commerce’

U.S. e-commerce on track for its first $1 trillion year by 2022, due to lasting pandemic impacts

The COVID-19 pandemic boosted U.S. online shopping by $183 billion, accord to a new report by Adobe’s e-commerce division, released this morning. This figure represents the increase in online shopping during the months of March 2020, when the pandemic began in the U.S, through February 2021. During this time, U.S. consumers spent a total of ...

CVS becomes first national retailer to offer support for PayPal and Venmo QR codes at checkout

PayPal announced this morning that its customers can now use either PayPal or Venmo QR codes when checking out at over 8,200 CVS retail stores across the U.S. This is the first national retailer to integrate PayPal’s QR code checkout technology at point-of-sale, the company noted. The additional checkout option will also expand the number ...

TikTok’s new commerce integration lets creators start milkin’ content for cash

09.01.2020 · Posted in Technology Articles

TikTok is making it easier for creators to turn looped video streams into pure American profit.  The embattled social media company announced Monday that it had entered into a new partnership with the customized online merch platform Teespring. ... ...

JCPenney explains why it dropped Apple Pay

JCPenney quietly ditched Apple Pay this month. The decision was announced in response to a customer complaint on Twitter, but without any context or further explanation at the time. JCPenney had first rolled out Apple Pay into testing in 2015, then expanded to all its U.S. stores the following year, and later to its mobile ...

Rapyd nabs $40M led by Stripe and GC for ‘fintech as a service’, a single API for payments, money transfer and more

As ever more transactions move on to digital platforms, a startup that is building a swiss army knife of financial services — from payments to currency transfers, ID verifications and card issuing — for companies to use by way of a single API — is announcing funding. Rapyd, a “fintech as a service” startup akin to ...

Walmart’s test store for new technology, Sam’s Club Now, opens next week in Dallas

Walmart’s warehouse club, Sam’s Club is preparing to open the doors at a new Dallas area store that will serve as a testbed for the latest in retail technology. Specifically, the retailer will test out new concepts like mobile checkout, an Amazon Go-like camera system for inventory management, electronic shelf labels, wayfinding technology for in-store ...