Sellers who use Amazon FBA fulfillment services can now offer their overstock and clearance items on Amazon Outlet. Unlike Amazon Warehouse, where buyers can shop for deals on returns and refurbished goods, Amazon Outlet is for shopping discounted new products. Read more
Amazon is trying to hook students on its Prime membership program by adding a new offer. Prime Student members can subscribe to Amazon Music Unlimited for $0.99/month. Starting today, new and current Prime Student members can subscribe to Amazon Music Read more
The Federal Reserve Board announced a plan on Monday to develop a new round-the-clock, real-time payment and settlement service to support faster payments, called the FedNow Service. Possible winners: tech companies and small banks; possible losers: big banks, according to Read more
eBay called attention to a new store by featuring it in the corporate blog, a privilege not afforded to most sellers. The North Face’s authorized partner Premium Direct opened the eBay Store, which features 15 styles priced under $150. eBay Read more
A new survey of nearly 31,000 consumers found half of Americans will change their shopping habits due to impending tariffs on consumer goods. Shopkick, a mobile shopping-rewards app, found that 44% of respondents would reduce their shopping, while 25% said Read more
Poshmark reported a data breach on Thursday. The mobile app described which information it believes was acquired by “an unauthorized third party,” and which information it believes was not obtained. Poshmark said it did not believe passwords were compromised, but Read more
eBay executive Alyssa Cutright provided an update on the managed payments program in a blog post on Friday, though there was little new reported beyond the latest usage stats: “Our new program, which expands payment options on eBay, has processed Read more
eBay posted what could be called a help wanted ad on the company blog on Friday. It’s seeking retailers to participate in its Retail Revival program that just expanded to Baton Rouge, Louisiana, where it is also hiring work-from-home customer Read more
PayPay will charge more money on transactions involving currency conversion. Effective September 3, 2019, the currency conversion spread will rise to 3.75% for transactions that involve a PayPal currency conversion when paying for goods or services or sending money. The Read more
Etsy grew Gross Merchandise Sales (GMS) for sellers by 21.4% in the second quarter (April, May, June) – but it is making more money for itself, growing revenue by 36.8% Etsy revealed in its Q2 press release on Thursday that Read more
