Sunday , May 12, 2024

Amazon’s 2022 Performance And Other Digital Transactions News briefs from 2/3/23

  • Amazon.com Inc. reported net sales of $514 billion for 2022, up 9% over 2021, excluding an impact from changes in foreign-exchange rates. Sales in the North American market grew 13% over 2021, to $315.9 billion. The company recorded an operating loss of $2.8 billion in North America, swinging from a positive $7.3 billion in 2021.
  • Sync2Sell announced it is enabling online stores using payment processing from Lightspeed Commerce and Lightspeed Retail to synchronize listings with stores they maintain on Facebook and Instagram.
  • U.S. mobile-wallet provider Fintiv is working with Geoswift, a payments-technology provider specializing in Asian cross-border payments, to enable remittances to Asia via Fintiv’s wallets.
  • Payments platform Nuvei Corp. will be the exclusive payments-technology provider for Le Panier Bleu, an online marketplace for businesses in Quebec, Canada.
  • Lorenzo Pellegrino, formerly chief executive of Paysafe Group PLC’s Neteller and Skrill payments services, has joined payments provider PayRetailers as chief operating and digital officer.
  • POSaBIT Systems Corp., a payments provider specializing in cannabis shops, appointed Chris Baker chief strategic officer. Most recently, Baker was vice president of technology and innovation at Genius Avenue, a fintech in the insurance industry.

Check Also

Shift4 Addresses Sale Rumors, Lays Out Strategic Plan During Q1 Earnings Call

After months of speculation that Shift Payments Inc. was an acquisition target, company founder and …

Digital Transactions