As the world’s largest retailer, Walmart has been making strides to improve its e-commerce platform. Walmart e-commerce has never been a top performer—with Amazon and eBay ruling the online retail world. As the world’s largest retailer, Walmart has been making strides to improve its e-commerce platform. Walmart e-commerce has never been a top performer—with Amazon…
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MasterCard and Visa Halt Service to Russian Banks
Credit card giants MasterCard and Visa halted service to several Russian banks as a part of U.S. sanctions regarding Russia’s conflict with Ukraine. Russia hastily annexed the southern Ukrainian peninsula of Crimea against the United Nations wishes, hence the U.S. sanctions. Both MasterCard and Visa’s statements on Russian banks, issued on Friday, cited compliance with…
Seven More U.S. States Considering Online Gambling
Predictably, the states of Nevada, Delaware, and New Jersey are generating revenue from the onset of online gambling, made legal in all three states last year. Now seven other states are thinking of following their lead. Nevada legalized e-gambling in April of 2013 while Delaware followed in October and New Jersey in December. Other states…
US E-Commerce International Likely to Quintuple by 2020
By the year 2020, economics experts predict that international sales from US e-commerce will increase five-fold to $50 billion. U.S. International E-Commerce Market is Surging By the year 2020, economics experts predict that international sales from US e-commerce will reach $50 billion, nearly five times the amount it is now. Currently, international sales from U.S.…
Walmart spurring advancement of India e-commerce
With India e-commerce set to expand drastically over the next few years, global e-commerce leaders are beginning to gain footholds inside the country. Walmart, the world’s largest retailer, is just one of the major brands looking to cash in on the growing market. But with a history of disappointing performances, will Walmart e-commerce succeed? Why…
E-Cigarette Processing is More Competitive Than Ever
E-cigarette processing is getting really competitive and that is great news for merchants. There are more options and better pricing than ever before, which is really keeping us merchant account managers at Instabill on our toes. Instabill used to be one of the few companies in the industry to be able to offer merchant accounts…
E-Wallets: Will They Replace Physical Wallets?
E-Wallets, sometimes referred to as digital wallets, are making the items found in a physical wallet – cash and credit cards – disappear. An e-wallet is an application on a smartphone or personal computer that stores virtual versions of those items and allow for monetary transactions. Digital wallets store cash, credit cards and banking information, among…
Bitcoin Exchange Company Answers Questions
One of the leading bitcoin exchange companies, Mt. Gox, posted a notice on their website on March 2nd to let consumers know about their brand new call center. The new feature from Mt. Gox is meant to answer consumer questions about the recent announcement of their bankruptcy filing. About Mt. Gox Based in Japan, Mt.…
Consumers Need to Be Proactive With EMV Chip Technology
Within the next 18 months, the four U.S. credit card giants will introduce EMV chip technology within their credit and debit cards. EMV chip technology , which stands for Europay, MasterCard and Visa, will replace the magnetic stripe (magstripe) with EMV chip technology on the reverse of credit cards. The conversion marks the long-awaited migration…
Is New Jersey’s Online Gambling Affecting Atlantic City?
Online gambling revenue in New Jersey increased 28 percent in its second month while physical casino gambling fell 9.2 percent from a year earlier, New Jersey’s Department of Gaming Enforcement released on Feb. 12. Those findings could be the precursor to what gambling experts predicted when online casinos in New Jersey was at the proposal…