AliExpress customers in four different European countries can now decide when and how they pay. Adyen, AliExpress’ payment provider now supports Klarna’s ‘Pay Later’ solution. This collaboration is made possible by a nice list of payment providers: the Swedish Klarna, the Dutch Adyen and the Chinese Alipay. Alipay, like AliExpress, is owned by e-commerce giant Alibaba. The
Klarna is doing well. The Swedish payment company recently revealed in its most recent annual report that it now processes 1 million transactions per day and that the worldwide sales volume has risen by 36% to around 26 billion euros. Not only has the sales volume increased to double digits, so did the net sales: last year it increased by 31% to around 561 million euros.
Well-known payment provider PayPal carried out an annual survey in collaboration with Ipsos on cross border purchases by consumers worldwide. For this Cross-Border Consumer Research in 2018, they collected survey results at a global level between March and May 2018, to examine how people shop online and across borders. The survey was conducted in 31 countries among a total of
Payment company PayPal has informed their US customers of changes to the way US personal account holders can use and hold a balance with PayPal. Before the end of March 2019, balances will need to be converted into either a PayPal Cash account or PayPal Cash Plus account. The reason for these changes is a new federal regulation that comes into effect on April 1st, 2019. US
Shopify: a Canadian company that started out as an e-commerce software company, but has grown to be a well-known e-commerce platform that assists web shops with a variety of services. It also passed the 1 billion dollar revenue mark in 2018. The company’s full revenue growth for 2018 reached 1.073 billion dollars (950 million euros). This revenue mark is a 59% increase in