Ecommerce

A banknote has been sitting in my wallet for six months now. As time ticks on, it burns an ever greater hole in my pocket. At first I felt uneasy spending it, following COVID-19 warnings to pay more attention to hand hygiene and the surfaces we all touch on a

Credit Cards, mastercard, banking, payments

Mastercard has announced a proprietary virtual testing environment for central banks to evaluate Central Bank Digital Currencies (CBDCs) use cases. The platform enables the simulation of issuance, distribution and exchange of CBDCs between banks, financial service providers and consumers. Central banks, commercial banks, and tech and advisory firms are invited

Tmall Global , Alibaba’s Chinese ecommerce platform for foreign brands, announced its targets for this year’s 11.11 shopping festival is 2,600 more international brands and over 2,000 in-demand overseas products, each with a GMV surpassing RMB 1 million (AUD 200 thousand), at the event. Launched in 2014, Tmall Global is

From Wednesday Amazon customers will be able to pick up their parcels from Myer stores under a new “Amazon Hub” agreement between the Australian retailer and the US giant. Starting with 21 locations, Myer says it will expand the service to more stores in the run up to Christmas. Amazon

Courier service Sendle today announced it has raised a further $19 million from a mix of new and returning investors. Popular with small businesses and offering carbon neutral delivery, Sendle says its now has half a million customers as ecommerce demand is “skyrocketing” during COVID-19. Sendle says its latest funding

Churn is a term no bank executive wants to hear. But with the rise of neobanks in Australia, the customers need to come from somewhere. Australia is still in its infancy when it comes to neobanks. Xinja, Up, Volt and Judo were established in 2017 and 86 400 in 2018.

Woolworths is trialling a new digital contact tracing system and is sharing real-time data to show when its stores are busiest, as the supermarket giant steps up its health and safety efforts.  The news comes as new research revealed that many businesses are failing government contact tracing directives. According to a

As the saying goes, necessity is the mother of invention. We saw that play out when lockdowns caused by COVID-19 drove an upsurge in digital innovations by retailers. Shoppers who were used to browsing for products in stores suddenly lost the option to do so, while brands could no longer engage

Sendle today announced it is integrating Etsy into its dashboard as the popular small business courier service and online marketplace experience increased volumes under COVID-19. Etsy sellers will now be able to connect their online shops with a Sendle dashboard to more easily print labels and ship their orders through

Australia Post

The record-breaking rate of growth enjoyed by the Australian ecommerce sector early in the coronavirus crisis slowed to a more moderate growth rate in June, according to new figures.  Year-over-year the sector is holding the ground it gained in March and April when stores were forced to close under social