E-Commerce

Jack Dorsey, chief executive of both Square Inc. and Twitter Inc., is stepping down effective immediately as chief executive of social-media platform Twitter, Dorsey posted on Twitter. He will be succeeded by Twitter chief technology officer Parag Agrawal.E-commerce holiday shopping on the Monday following Thanksgiving—known as Cyber Monday—will increase 21% over the same day …

Paycast Inc., a payments provider for online merchants, e-commerce platforms, and marketplaces, is partnering with Marqeta Inc. and Mastercard Inc. to launch a digital card product for marketplace sellers. The card will enable marketplace sellers to have immediate access to funds from the proceeds of a sale once the transaction …

Shoppers have flooded online shopping sites in response to the pandemic, and now stores are expecting a further bonanza of e-commerce sales as consumers flock to sites for Black Friday and Cyber Monday deals. But while these two annual shopping extravaganzas will boost sales, they also are likely to have …

Some 74% of consumers who tried using contactless cards this year plan to keep using them, up from 61% who said the same thing last year, according to a report from the Electronic Transactions Association and The Strawhecker Group.Humbl Inc. released a new version of its Humbl Pay mobile wallet, including upgrades …

Consumer concerns about slow deliveries and worldwide inventory issues means some 45% of holiday-season spending this year will go to gift cards, according to survey results from consumers in 10 countries gathered by Blackhawk Network Holdings Inc. That represents a 27% increase in gift card spending from last year’s holidays, Blackhawk says. …

E-commerce merchants can expect another strong holiday-shopping season this year as online transactions are projected to outpace those in the same period last year, according to ACI Worldwide Inc. In the United States, the biggest surge in volume is expected between Thanksgiving and Cyber Monday, with e-commerce sales projected to …

It’s well-known by now that e-commerce activity is on a sharp upswing, but the underside of that trend is that fraud is rising fast, as well. Phishing attacks, for example, hit a record high in July, according to the Anti-Phishing Working Group, which on Monday released its report for the …

As data compromises of various sorts continue to threaten the security of digital payments, the Accredited Standards Committee X9 Inc. this week issued a standard it says covers both data protection and breach notification. The new standard, “Financial and Personal Data Protection and Breach Notification,” also known as X9.141, is …

Shift4 Payments Inc. denied what it called “media reports” that it is pursuing an acquisition of EVO Payments Inc. Shift4 is “focused on supporting … new growth verticals” instead, the company said.Microsoft Corp. is testing buy now, pay later capability in its Edge browser. In conjunction with Zip Co. Ltd., the BNPL service is at the …

With consumers flocking to e-commerce sites, elements such as photos, logos, and artwork are taking on greater importance in helping to generate clicks and transactions. Recognizing that online retailers posting product pictures sell more than those that don’t, Square Inc. late Wednesday introduced Square Photo Studio, an app that enables …