article thumbnail

Exclusive Q&A: Venmo GM on the Company’s ‘Natural Extensions’ into Business Payments

Retail TouchPoints

That inherent distaste for the transaction phase is one reason payment companies are so eager to expand into other parts of the shopper journey. Embedded finance has become big business: McKinsey estimated that the sector reached $20 billion in revenue in the U.S. Denise Leonhard, VP and GM, Venmo.

Payments 324
article thumbnail

The Complete Guide to Shopify Payments

SellBrite

When paying for products, customers prefer stores that make the payment process easy and smooth. So the importance of having a payment gateway that makes checking out uncomplicated cannot be overemphasized. Payment gateways are platforms, like PayPal, Square, and Stripe, that process credit card payments for ecommerce sites.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

2022 Shopify Revenue, Statistics, and Usage Numbers

Ecommerce Platforms

In this article, we'll complete a thorough analysis of current Shopify revenue, statistics, and growth potential to show the successes and challenges Shopify has experienced over the years. Keep reading to learn all about Shopify revenue, usage stats, and more! Total value of transactions processed through Shopify stores leapt to $79.5

Payments 104
article thumbnail

What Is Patreon And How Does It Work?

Ecommerce Platforms

Many content creators who transition full-time to this role find it difficult to make ends meet with ad revenue alone. Patreon was founded by Jack Conte and Sam Yam in 2013 in San Francisco. Patreon, on the other hand, only lets you get payment for content that is already published and exists. How Does Patreon Process Payments?

article thumbnail

API Business Models and How They Future Proof eCommerce

GetElastic

The biggest challenge is how fast API business models are evolving. Back in 2013, we explored API business models in a blog titled, " 18 API Business Models Deconstructed ," which was based on a presentation called " Open APIs: What's Hot, What's Not? " by John Musser of ProgrammableWeb. Digital Transformation.

Payments 148
article thumbnail

How adding services to your products can propel your company growth?

GetElastic

As Gartner aims to prepare application leaders for the accelerated shift towards digital, they predict that, “ By 2024, leading commerce organizations will generate 10% of online revenue from services attached to physical products.”. Payment services. Subscription based models are at the center of recurring revenue in eCommerce.

article thumbnail

Shopline Review: What Does This eCommerce Platform Have to Offer?

Ecommerce Platforms

Since its founding in 2013, it's become the go-to choice for over 350,000 brands worldwide. . As a sales solution, Shopline appeals to a wide variety of businesses. It offers B2B-related features, dropshipping with AliExpress, live streaming, and social media capabilities, allowing you to expand your business in more ways than one.