Wednesday , May 25, 2022

Marketing

E-commerce Sales Through Marketplaces Are on a Roller Coaster Ride

The wave that lifted sales through e-commerce marketplaces during the initial stages of the Covid-19 pandemic is losing energy, according to data from Extensiv, a provider of omnichannel fulfillment solutions. Growth in average orders per merchant through Shopify Inc. has decreased 12% year to date, while other marketplaces—including eBay, Etsy, …

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Mastercard’s Cyber Front and other Digital Transactions News briefs from 5/24/22

Mastercard Inc. launched Cyber Front, a platform aimed at helping businesses and governments combat online intrusions through the simulation and assessment of cyber attacks.MoneyGram International Inc. said its shareholders have approved a previously announced, $1.8-billion acquisition by private-equity firm Madison Dearborn Partners LLC. The merger is expected to close in the fourth …

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Eye On Restaurant POS: New Tech From Toast, Squirrel System, Revel Systems, And Tray

As restaurants bounce back from the major blow delivered at the outset of the Covid 19 pandemic, restaurant point-of-sale technology has become a competitive advantage. The trend is evidenced by new applications from several restaurant POS technology providers, announced over the weekend, along with deals they are cutting with third-party …

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EVO Payments Acquires North49 and other Digital Transactions News briefs from 5/23/22

Payments provider EVO Payments Inc. announced it has acquired North49 Business Solutions Inc., to enable integrated payment services for businesses using the Sage accounting system. Terms were not announced.Restaurant specialist SpotOn released a report on the impact of inflation on restaurants that found the biggest average price increase was in seafood restaurants, up 19% …

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Outdoorsy Picks PayPal’s Pay in 4 and other Digital Transactions News briefs from 5/20/22

Outdoorsy, a company that arranges rental of recreation vehicles, said it will accept payments through PayPal Holdings Inc.’s buy now, pay later service, Pay in 4.Klarna AB initiated a three-day event called “Dream Deal Days” to observe hitting 150 million users and 400,000 merchant partners. The event, held across 19 markets around …

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How Mobile Apps Have Become the Preferred Shopping Channel for Young and Old

When it comes to shopping, it’s becoming a mobile world. A report released on Thursday by omnichannel-platform provider NewStore Inc. reveals that 88% of consumers surveyed have at least one shopping app on their phone, 50% of respondents have more than four shopping apps, and 9% have more than 10. …

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Orduo Launches Restaurant Ordering System and other Digital Transactions News briefs from 5/18/22

Technology firm Orduo has launched a white-label online ordering system for restaurants. The product is aimed at independent sales organizations and value-added resellers.NCR Corp. said its NCR Aloha Cloud point-of-sale system has a refreshed user interface, a small handheld device, and next-day funding of deposits.Routable, a business-payments platform aimed at mass payouts, launched …

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Eye On BNPL: Splitit’s Twist on BNPL; Zilch Enters the U.S.; Flexiti And Michael Hill

Looking to add a new twist on buy now, pay later loans, provider Splitit Payments Ltd. Tuesday announced a new BNPL-style loan that will leverage a consumer’s open-to-buy on their payment cards to pre-qualify them for an installment loan at the point-of-sale. To qualify for the loan, merchants run a pre-authorization …

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Afterpay Now In-Store at Square Merchants and other Digital Transactions News briefs from 5/17/22

Square announced its Afterpay buy now, pay later service is available to in-person point-of-sale merchants in the United States and Australia who use Square Point of Sale, Square for Retail, Square Appointments, or Square for Restaurants. In the first quarter, Square, a unit of Block Inc., said the average transaction size with Afterpay …

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Paysafe Extends Its North American iGaming Reach Through a Deal With Strive Gaming

Paysafe Ltd. continues to immerse itself in the online-gaming industry, announcing Monday a partnership with Strive Gaming, a player-account management platform designed to meet multi-state iGaming requirements in North America. With an integration of Paysafe’s payments technology into Strive Gaming’s PAM platform, Strive’s clients will enable gamers to deposit funds into …

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Digital Transactions