“European payment services provider Nets now offers PayPal as a payment option for its merchants in the Nordics.  ​Nets customers in Denmark, Finland, Norway and Sweden will find PayPal available on the Nets e-commerce platform, NetsEASY, along with cards and local payment options for SMBs. Nordic merchants – particularly those with an international customer base – will benefit from a broader range of payment alternatives presented in a seamless customer interface.”

“Opera Limited (NASDAQ: OPRA ), one of the world’s major browser providers with 380 million active users globally, including ~50 million active users in Europe, today announced the launch of new, in-browser ecommerce functionality supporting cashback and payments activities under the brand “Dify”. Opera’s plan is to offer in-browser services uniquely targeting a young, fast-growing set of “power shoppers” who could benefit from installing the Dify wallet app.”

“Shopify Inc., a commerce platform for businesses, is bringing its checkout and payment processing system, Shop Pay, to some Facebook Inc. platforms. The Shop Pay option will first be available to Instagram users on Tuesday and will roll out on Facebook Shops , the social-media company’s platform for small businesses, in the next few weeks.”

“JCB International Co., Ltd., the international operations subsidiary of JCB Co., Ltd., Japan’s only international payment brand, and Worldline, a European leader in the payments and transactional services industry, announce the expansion of their partnership. This established relationship has pivoted to support both the exchange of global ecommerce and the growth of JCB Contactless enablement across Europe.”

“Retailers have a new message for consumers looking to return an item: Keep it. Amazon.com Inc., Walmart Inc. and other companies are using artificial intelligence to decide whether it makes economic sense to process a return. For inexpensive items or large ones that would incur hefty shipping fees, it is often cheaper to refund the purchase price and let customers keep the products.”

“Online commerce and payment services have stopped the flow of money to Trump-related accounts in light of Wednesday’s insurrection at the US Capitol. Software maker Shopify removed stores affiliated with President Donald Trump from its platform, and payment processor PayPal shut down an account raising funds for Trump supporters who traveled to Washington, DC.”

“The popular online payment method iDEAL, that allows consumers to pay via their own bank, is being radically revamped. Currence, brand owner of iDEAL, will invest considerably to modernise the underlying technology and add value to iDEAL with new services.”

“Online retail sales are expected to reach new heights in 2020, as the global coronavirus pandemic has forced many homebound consumers to shop online. That is not changing anytime soon. E-commerce spending is expected to grow by low-double-digit percentages through the next six years even after the end of social distancing measures forced by the pandemic, according to a new forecast from media-buying giant GroupM, part of WPP PLC.”

“Fast , the world’s fastest online login and checkout experience, today announced a major expansion by making its one-click Fast Checkout product available to the four million e-commerce stores on the WooCommerce platform. When Fast Checkout was released in September, the product was made exclusively available to sellers on the BigCommerce platform. With today’s move to now include WooCommerce stores, Fast is extending its reach more than 2,600% by opening up its unique one-click checkout to 29% of the world’s e-commerce sellers during the crucial holiday shopping season.”

“UnionPay International (UPI) announced today the launch of UnionPay PaybyLink, a link-based payment service, to provide merchants with a minimalist digital sales solution. With this solution, merchants are able to sell their products in just a few minutes by offering online payment service to UnionPay cardholders via means such as SMS and e-mail, without the need to open online stores on e-commerce platforms.”

“Kroger Co. has moved into the top 10 of U.S. e-commerce companies, according to eMarketer, landing at number 9. The move puts the grocer ahead of Costco Wholesale Corp. which is at number 10. Kroger’s digital sales are expected to reach $11.28 billion in sales in 2020, up 79% year-over-year. Costco is expected to come in at $11.18 billion.”

“JPMorgan Chase & Co. said it processed 15% more card payments during Black Friday weekend than it did a year earlier, a sign that the pandemic did little to curtail spending as the holiday shopping season began. The jump was driven by a surge in purchases on Cyber Monday, when the biggest U.S. bank processed a record 27% more online and mobile payment authorizations than it did on the same day last year, according to data to be released Friday. That countered a 12% drop in in-store payment authorizations over the weekend as shoppers avoided malls due to concerns about Covid-19.”

“Founded in Ottawa in 2006, Shopify started out as a simple maker of e-commerce websites. Store owners, instead of having to worry about all the technical complexities that go with processing payments, managing checkout flows and working with JavaScript, could upload some pictures of their wares to Shopify, set prices, provide their bank account information and start selling.”

“The holidays will look different at Macy’s this year. The Thanksgiving Day parade will proceed without spectators, and Santa Claus will not be reviewing Christmas wish lists from his usual perch on 34th Street. But while many of those traditions are likely to return once the threat of the coronavirus passes, other changes at Macy’s this holiday shopping season — which traditionally begins with Thanksgiving — signal how the company’s business, and that of the entire retail industry, may be altered forever by the pandemic.”