Independent Retailer

FEBRUARY 15, 2022

by PingPong Payments. Social commerce is a subset of ecommerce, and harnesses the purchasing power of young customers on innovative new retail platforms. In 2021, social commerce sales increased by over 35 percent, totaling a spend of over $36 billion, still only 10 percent of what the Chinese market will spend. .

Social Commerce 83

Social Commerce Payment Services Marketing Fulfillment 83

Indigo 9 Digital

MAY 6, 2022

China has the largest market for social commerce. Social commerce, which is eCommerce sales that are made on a social media platform, is a big business in China. It is estimated that social commerce sales in China reached $351.7 million in social commerce sales last year.

Merchant Services 52

Merchant Services Marketing Payment Services Social Commerce 52

Inside Retail

OCTOBER 21, 2021

PayPal has offered to buy digital pinboard site Pinterest for $45 billion, people familiar with the matter said on Wednesday, a combination that could herald more financial technology and social media tie-ups in e-commerce. It would be the biggest acquisition of a social media company, surpassing Microsoft Corp’s $26.2

Merchant Services 130

Merchant Services Payment Services Social Commerce Returns 130

Independent Retailer

FEBRUARY 3, 2022

The Growth & Future of Mobile Payments. There has been significant growth in mobile payments in recent years, with fewer consumers carrying cash. Now, as many as five in six payments involve no notes or coins, according to Cadoo. In-store mobile payments usage grew 29 percent last year in the U.S.,

Payment Services 76

Payment Services Social Commerce Location Consumer 76

Retail TouchPoints

DECEMBER 2, 2020

A 2016 survey found that nearly 80% of impulse buys happen in-store. Consumers don’t have to think about transportation, parking, and other limitations like store hours; and Credit cards and virtual payments are like chips in a casino. Targeting consumers on social networking sites works.

Social Commerce 211

Social Commerce Checkout Payment Services Consumer 211

Retail Geek

APRIL 8, 2022

Jason: [6:17] There was some version of that there was you know Uber instacart and doordash all talking about instant delivery well a lot of the, the tenuous VC funded ones were, we’re announcing their their shutdowns and for sure they’re there was I mentioned 650 exhibitors I think about 620 of them were payment providers.

Payment Services 59

Payment Services Merchant Services Consumer Fulfillment 59