Bertelsmann SE & Co. KGaA’s Post

Cross-border Spending Surging, 54% of Global Consumers Expect to Increase Amount of International Online Shopping but Expect More Payment Flexibility and Transparency in 2024 “E-commerce is more global than ever,” said Kai Wu, Chief Revenue Officer at Airwallex. “Despite ongoing economic uncertainty and slowing global growth, it is clear that consumer spending will continue to grow. With the global cross-border e-commerce market set to reach USD 7.9 trillion by 2030, it is critical for international merchants to solve consumer pain points and deliver the best possible customer experience in order to thrive in this competitive market. As a global platform, we see millions of transactions on a regular basis, and are eager to find more innovative ways to support merchants as they navigate the complexities of cross-border e-commerce.” https://lnkd.in/ekuhmpn8 #fintech #finance #banking #paytech #payments #fintechnews #paymentsnews

Choosing the Right Solution to Reconcile Marketplace Payments! It is important to choose the perfect marketplace payment reconciliation solution for your e-commerce businesses, as it directly impacts financial accuracy, efficiency, and overall operational performance. UniReco is one such solution with advanced algorithm capabilities that facilitate the matching of orders, payments, and returns across various marketplaces. With UniReco, businesses gain access to real-time reconciliation status updates, empowering them to swiftly identify and address any discrepancies with ease. More benefits here - https://lnkd.in/gP-WGEWa

https://amzn.to/3JhJmrE Success is not just about making sales, it's about making a difference in the lives of your customers. E-commerce, or electronic commerce, refers to the buying and selling of goods and services on the internet. It encompasses a wide range of activities, from online shopping to online banking and even online auctions. E-commerce has revolutionized the way we shop, providing us with a convenient and efficient way to purchase goods from all over the world. #Manddi, #Mandi, #How, #When, #Where, #Which, #Marketplace, #Ecommerce, #OnlineShopping, #HowToBuy, #WhenToBuy, #WhereToBuy, #WhichToBuy #ShopSmart, #SaveBig #FashionFinds, #StyleSteals #TechDeals, #GadgetGoals #BeautyBargains, #GlamOnABudget #HomeDecor, #BudgetBliss #HealthAndWellness, #WellnessWonders #FoodieFinds, #TastyTreats #OutdoorAdventures, #ExploreForLess #DIYDelights

Discover how the latest innovations in Paytech, Regtech, and Embedded Finance are changing the ecommerce landscape. Read insights on how embracing global payment solutions can drive marketplace expansion, enhance customer experience, and ensure seamless transactions across borders by Samuel Igbinadolor, Head of Marketplaces and Platforms Partnerships at Nuvei. Download the full report from the The Paypers ⬇️

Discover how the latest innovations in Paytech, Regtech, and Embedded Finance are changing the ecommerce landscape. Read insights on how embracing global payment solutions can drive marketplace expansion, enhance customer experience, and ensure seamless transactions across borders by Samuel Igbinadolor, Head of Marketplaces and Platforms Partnerships at Nuvei. Download the full report from the The Paypers ⬇️

E-commerce, also known as Electronic Commerce, refers to the purchase and sale of goods and services through the Internet. The first online transaction occurred in 1994 when a guy sold a Sting CD to a friend via his website Net Market, an American retail platform. This is the first case of a consumer purchasing a product from a business over the World Wide Web, sometimes known as e-commerce. After that, e-commerce evolved to make it easier to locate and purchase products through online merchants and marketplaces.

💸 Magicpin Cuts Platform Fee by 29% to Drive Growth in Daily Orders. Magicpin, the popular hyperlocal discovery and rewards platform, has announced a significant reduction in its platform fee by 29%. The move aims to drive growth in daily orders and further incentivize merchants to increase their engagement with the platform. 💰 Fee Reduction Strategy:   - Magicpin’s decision to lower the platform fee is designed to ease the financial burden on its partner merchants, allowing them to offer more competitive prices and promotions.   - The reduction is expected to encourage merchants to increase their listing activity, which in turn should result in higher daily transactions on the platform. 🚀 Growth Focus:   - The fee cut aligns with Magicpin’s broader strategy to scale up its business by increasing daily user activity and order volumes.   - By reducing the platform costs for merchants, Magicpin aims to create a more attractive ecosystem for both small and large businesses, thus boosting engagement and customer acquisition. 📈 Market Impact:   - Magicpin is betting on the long-term benefits of increased merchant activity, which it hopes will lead to higher transaction volumes and a stronger position in the competitive hyperlocal and e-commerce market.   - The move also highlights Magicpin's commitment to building strong, sustainable relationships with its merchant partners. 📅 Future Outlook:   - With this fee reduction, Magicpin is poised to accelerate growth, both in terms of daily orders and overall user base.   - The company plans to continue refining its platform to provide more value to both merchants and customers, ensuring a seamless shopping experience. By slashing platform fees, Magicpin is positioning itself as a more cost-effective and attractive option for merchants, paving the way for greater engagement and growth in the competitive hyperlocal market. #Magicpin #PlatformFee #Ecommerce #Microshots #MerchantGrowth #Hyperlocal #CustomerEngagement #IndiaTech

Till Payments – a subsidiary of Nuvei, today announces that it has partnered with BigCommerce, an open SaaS, composable ecommerce platform for fast-growing and established B2C and B2B brand and retailers. The partnership enables BigCommerce customers to access a feature-rich eCommerce payment processing solution and opens new avenues for seamless payment experiences for merchants with an omnichannel retail presence, bridging the divide between online & in-store via a singular payment processing partner. Available worldwide, the offering delivers a complete set of transaction processing capabilities within the BigCommerce environment. Till’s Online Checkout for BigCommerce empowers merchants to accept payments, pre-authorise transactions, manage refunds, benefit from state-of-the-art 3DS2 technology, accept multiple currencies, take payments with Stored Credit Cards and integrate an embedded checkout experience. Source: https://lnkd.in/epJy5n93 Sign up for more news updates like this in our daily newsletter: https://lnkd.in/eskQx7Ym #payments #paymenservices #partnership #paymentindustry #ecommerce #paytech #financialtechnology #financialservices

Discover how the latest innovations in Paytech, Regtech, and Embedded Finance are changing the ecommerce landscape. Read insights on how embracing global payment solutions can drive marketplace expansion, enhance customer experience, and ensure seamless transactions across borders by Samuel Igbinadolor, Head of Marketplaces and Platforms Partnerships at Nuvei. Download the full report from the The Paypers ⬇️

Discover how the latest innovations in Paytech, Regtech, and Embedded Finance are changing the ecommerce landscape. Read insights on how embracing global payment solutions can drive marketplace expansion, enhance customer experience, and ensure seamless transactions across borders by Samuel Igbinadolor, Head of Marketplaces and Platforms Partnerships at Nuvei. Download the full report from the The Paypers ⬇️