Ecommerce Industry News
PayPal pulled out of the entity overseeing Facebook’s new crypto currency initiative. PayPal was reportedly spooked by backlash from regulators in and outside of the US. Facebook had announced the Libra Association in June, an […]
Overstock CEO Patrick Byrne has severed ties with the company he founded after alleging he has been working with the Department of Justice on a controversial government-related matter. For years, Byrne was surrounded in controversy […]
Last month, eBay said it was not launching a cryptocurrency (“Cryptocurrency is not accepted as a form of payment on the eBay platform, nor is it part of our payments strategy”). Today, it signaled its […]
The value of currency is its wide acceptance, and the same is true of virtual currency. That helps explain why so many prominent technology and financial services firms are joining together to launch a new […]
eBay recently denied it was planning to launch virtual currency, but Facebook seems increasingly likely to do so. The BBC reported that Facebook had met with the Bank of England on plans to set up […]
One of the most intriguing ecommerce trends to watch in the coming year is “voice shopping.” Amazon and Google are accelerating the adoption of home assistants/speakers that let users interact with them and order items […]
PayPal continues to be intrigued with innovative payment methods and on Wednesday the company named Bitcoin expert Wences Casares to its Board of Directors. In the announcement, PayPal CEO Dan Schulman said Casares’ focus on […]