article thumbnail

Digital Commerce and the Threat of Card-not-present Fraud

BigCommerce

In 2016, shoppers spent more than $1.9 Mobile payments are also making an increasing impact. This shift to mobile is pushed along with the ever expanding list of payments-enabled devices. ecommerce market by 2020. In 2016, one research and advisory firm predicted CNP fraud will exceed $7.2

article thumbnail

Viya, China’s top livestreaming influencer, vanished from cyberspace after receiving a $210m fine for tax evasion.

Ecommerce Platforms

The 36-year-old Viya, China's top livestream seller, has broken many sales records since her first appearance, in 2016, on Taobao Live (an Alibaba-owned live-streaming channel). Because of her outstanding sales performance, she was invited to the new Taobao livestream program in 2016. update: moved the last paragraph to here).

Insiders

Sign Up for our Newsletter

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

article thumbnail

How Retailers Can Use Beacons To Beat Amazon Go In 2017

RTP blog

coupons will be delivered annually to consumers via beacons by 2020, up from only 11 million in 2016. One of the most popular examples in this sector would be MobilePay, a mobile proximity payment service by Danske Bank that leverages iBeacon tech to enable quick and easy mobile payments. As per the report, 1.6B

article thumbnail

4 Secrets To Boosting Retail Revenue By Catering To Foreign Tourists

RTP blog

In 2016, 75.6 Traditional marketing and advertising won’t work since they are technically outside of the regular outreach channels. Payments Are Not Just Cash Or Card Anymore Many tourists rely heavily on cash when they come to the U.S. market, often because they are not eligible to get one. billion across the country.

Payments 150
article thumbnail

Shop with Your Steering Wheel: 3 Opportunities in Connected Car Commerce

GetElastic

. “The industry crossed a critical threshold in the first quarter of 2016, with the quiet but dramatic announcement of a statistic that few noted at the time,” reports Tech Crunch. ” Industry experts see that the mobile market has hit saturation. Connected cars offer a new growth engine – pun intended.

article thumbnail

Shop with Your Steering Wheel: 3 Opportunities in Connected Car Commerce

GetElastic

“The industry crossed a critical threshold in the first quarter of 2016, with the quiet but dramatic announcement of a statistic that few noted at the time,” reports Tech Crunch. Industry experts see that the mobile market has hit saturation. On-the-go booking and payment.

article thumbnail

How to Prep for Mobile Commerce in 2018

SellBrite

This growth in 2017 can already be seen in this year’s Black Friday figures — mobile shopping on the annual event increased from 29% in 2016 to 40% this year. of the total ecommerce market by 2021. We’ve highlighted five main challenges of mobile selling and how to overcome them: Designing to accommodate devices.