To help sellers more easily manage proceeds from sales on their Amazon stores and expand their business globally, Amazon.com Inc. late Monday launched a digital wallet that allows sellers to hold, view, and transfer funds from sales on the marketplace directly to their bank accounts. The wallet, which Amazon announced …

Amazon.com Inc.’s two-day Prime Day event this week racked up more than $12.09 billion in sales, up 8% from last year’s event, according to an estimate from Digital Commerce 360.Privately held payments provider Stripe Inc. reduced the internal value of its shares by 28% to about $29 per share, resulting in a valuation for the …

In-store sales growth continued to outpace that of online shopping in June, though e-commerce sales may get a big boost next week. According to the Mastercard Inc. SpendingPulse report, in-store sales increased 11.7% last month over June 2021, and were up 10.7% from June 2019. And, while e-commerce sales experienced …

Corporations aren’t in business to please Wall Street, but for publicly held companies investor expectations are hard to ignore. Affirm Inc. early Friday is seeing its share price climb steadily after exceeding analysts’ consensus expectations for payment volume and revenue for its fiscal third quarter, ended March 31. The good …

With a crucial card-acceptance market at stake, Amazon.com Inc. has reportedly struck a deal with Visa Inc. to continue taking Visa cards issued in the United Kingdom. The agreement comes nearly a month after Amazon dropped a threat to stop taking the cards and said it would negotiate with Visa. That …

When it comes to fast growth, it doesn’t hurt to have huge merchant platforms like Amazon.com Inc. and Shopify Inc. in your corner, a proposition Affirm Inc. underscored late Thursday as it reported huge increases in merchandise volume, active users, and other indicators. “We feel great about our progress,” said …

Will the conflict between merchants and the card networks over acceptance fees ever find resolution? The argument, which has been in progress for years, may never find total resolution, but perhaps the parties can agree on some accommodations. Amazon.com Inc.’s decision last month to pull back from its threat to …

Top executives at Mastercard Inc. made it plain early Thursday the card network is determined to develop its account-to-account payment capabilities, while maintaining its distance from the dispute between its rival Visa Inc. and the e-commerce juggernaut Amazon.com Inc. over transaction pricing. “That’s fundamentally a question for Visa and Amazon,” …