E-Commerce

Here are our twenty most recent articles on E-Commerce.

30% of online shoppers prefer to pay with cash

According to the latest research from Ukash, the online cash payment provider, a third of online shoppers would prefer to be able to use cash when buying from websites. Interestingly, it is 18-24 year-olds that are the most likely to want to pay with cash online, with 52% of this group saying they would prefer this method. Ukash Marketing Director, Miranda McLean, believes this highlights a real gap in the payment methods being offered by online retailers.

WorldPay and Intershop partner to deliver eCommerce solution

WorldPay and Intershop, a leading provider of state-of-the-art eCommerce solutions have announced an agreement which will see WorldPay services integrated with the Intershop 7 platform. The integration will provide retail merchants with a complete eCommerce solution with extensive payment processing, global customer reach and risk functionality.

Redefining the e-Wallet Landscape

IDC Financial Insights today announced the availability of a new report, “Business Strategy: Mapping the e-Wallet Landscape”. Referred to variously as digital wallets, mobile wallets, or mobile payments, e-wallets can take many forms, leading to confusion and misunderstanding. In this new study, IDC Financial Insights proposes the use of the term "e-wallet" as a context-neutral designation, and a division of e-wallets into "remote", "proximity", and "hybrid" types as a way to produce useful comparisons.

Global Payments confirms support for V.me by Visa

Visa Europe today confirms that Global Payments will be the second card payments processor to support the launch of the V.me by Visa digital wallet service in the UK.

Turkey: Online Credit Card Transactions up 34%

In Turkey, the number of online credit card transactions has grown by 34% in 2012, reaching $17.4 billion, recent statistics indicate.

Amazon launches ‘Amazon Coins’

Amazon has just announced a new virtual currency for Kindle Fire owners to use on in-app purchases, app purchases, etc. in the Amazon Appstore.

ECB releases final Recommendations for the security of internet payments

The European Central Bank (ECB) today released a comprehensive set of “Recommendations for the security of internet payments”, following a two-month public consultation carried out in 2012. The Recommendations represent the first achievement of the European Forum on the Security of Retail Payments (SecuRe Pay), a voluntary cooperative initiative between relevant authorities from the European Economic Area (EEA) – supervisors of payment service providers and overseers in particular – formed with the objective of facilitating common knowledge and understanding of issues related to the security of electronic retail payment services and instruments and, where necessary, issuing recommendations.

WorldPay and Vindicia partnership targets international payment acceptance for digital merchants

Vindicia and WorldPay announced a partnership to deliver enhanced payment acceptance capability to Vindicia’s digital eCommerce merchants.

Turkey: online shopping via cards in 2023 exceeds €150 billion

Online card shopping, which achieved an annual growth rate of more than 50 percent in Turkey in the last 5 years, is continuing to develop. Interbank Card Center of Turkey (BKM) is playing a significant role with BKM Express, the payment platform that BKM prepared for online shopping.

E-commerce solution for businesses in France

American Express and Transaction Network Services today announced that the American Express Payment Gateway will now be available in France. Following its successful launch earlier in the year, the American Express Payment Gateway enables businesses to quickly and easily set up online payment functionality through custom implementation and in-country solutions. The gateway will also help manage e-commerce and other card-not-present transactions.

Visa Europe confirms RBS as launch partner for V.me

Visa Europe today confirmed that RBS will be the first UK financial institution to launch the V.me by Visa digital wallet for RBS and NatWest consumers.

Black Friday online sales top $1 billion for first time

Black Friday retail sales online this year topped $1 billion for the first time ever as more consumers used the Internet do their early holiday shopping, comScore Inc said on Sunday.

50 Financial Institutions Adopt V.me by Visa

Visa Inc. today expanded the reach of V.me, landing more than 50 additional financial institution partners. V.me, Visa’s new digital wallet service, frees online shoppers from having to repeatedly enter account number, bill-to and ship-to information at checkout. This will change the way tens of millions of people shop and pay by making online checkout simple and secure. Account holders will be able to make payments online using V.me and check out simply by entering a username and password.

KLM selects WorldPay to grow online payment offering

KLM, Royal Dutch Airlines has selected WorldPay’s alternative payment services, to assist them in growing their alternative payment options offering in the 85 countries where the merchant is active and selling online.

Skrill announces 29% revenue increase and 30 million customers globally

Skrill, a leading provider of online payment solutions, announces a 29.1% increase on the previous year in revenues for the six months to June 2012. There are now 30 million registered Skrill customer accounts worldwide, and the number of merchants choosing to offer Skrill as a simple and global payment system has grown to 135,000.

Tech wizards of Oz set to shake up the way the UK pays online

One of Australia’s fastest growing companies is aiming to revolutionise the way British firms take payments online – and has the industry’s big guns firmly in its sights.

Electronic payments drive nearly one quarter of Canadian GDP growth

Electronic payments have driven almost one quarter - or $196 billion - of total Canadian Gross Domestic Product (GDP) growth over the past 25 years, according to a new study commissioned by Visa Canada from IHS, a leading global source of information and analytics. The economic research demonstrates the measurable value of electronic payments, including credit, debit and prepaid cards.

Visa Europe confirms password-free authentication for Verified by Visa in the UK

Visa Europe today announced that approximately 65% (expected to rise to more than 90% when fully rolled out) of Verified by Visa (VbV) transactions in the UK no longer require cardholders to enter their VbV password. Marking the continued development of the VbV consumer experience, password-free authentication offers the same level of fraud protection for retailers and their customers without interrupting the checkout experience.

Global e-commerce sales will top $1.25 trillion by 2013

Global business-to-consumer e-commerce sales will exceed $1.25 trillion by 2013, predicts an Interactive Media in Retail Group (IMRG) study.

China tops inaugural A.T. Kearney retail e-Commerce Index of Emerging Markets

Today A.T. Kearney’s Global Consumer Institute released the 2012 Retail e-Commerce Index, “Online Retail: The New Frontier for International Expansion.” This index examines the top 30 countries in the 2012 A.T. Kearney Global Retail Development Index and ranks the top 10 based on the retail e-commerce potential. The 2012 Retail e-Commerce Index reveals that large emerging markets with an active online user base and solid infrastructure offer retailers the greatest e-commerce potential in the near-term.

E-Commerce

30% of online shoppers prefer to pay with cash

WorldPay and Intershop partner to deliver eCommerce solution

Redefining the e-Wallet Landscape

Global Payments confirms support for V.me by Visa

Turkey: Online Credit Card Transactions up 34%

Amazon launches ‘Amazon Coins’

ECB releases final Recommendations for the security of internet payments

WorldPay and Vindicia partnership targets international payment acceptance for digital merchants

Turkey: online shopping via cards in 2023 exceeds €150 billion

E-commerce solution for businesses in France

Visa Europe confirms RBS as launch partner for V.me

Black Friday online sales top $1 billion for first time

50 Financial Institutions Adopt V.me by Visa

KLM selects WorldPay to grow online payment offering

Skrill announces 29% revenue increase and 30 million customers globally

Tech wizards of Oz set to shake up the way the UK pays online

Electronic payments drive nearly one quarter of Canadian GDP growth

Visa Europe confirms password-free authentication for Verified by Visa in the UK

Global e-commerce sales will top $1.25 trillion by 2013

China tops inaugural A.T. Kearney retail e-Commerce Index of Emerging Markets

E-Commerce News Archive

Payments News

Mobile Payments

Contactless

POS Terminals

Mobile Banking

E-Commerce

Products&Contracts

Fraud&Security

Regulation

Processing&Systems

Buyers Guide

Mobile Payments World

Payment Card Yearbooks

Mobile Payments Consulting

Explore Payments Cards and Mobile

In the Latest Issue

Back Issues

Card Notes

Forward features

News in brief

Media Planner

Research