Ecommerce Online Payment

Mastercard and Microsoft join forces as they look for ‘the future of digital commerce’

The two companies have agreed to a partnership as they look to research, develop and scale new business models and technologies Mastercard Labs, the companies research and tech division has said it will allow them to accelerate its cloud-native researchwith the aim of “de-risking and commercialising emerging technologies and platforms for digital commerce” The focus…

Ecommerce accelerate growth and brings financial resilience in times of crisis, says new report

A new study by the Business Development Bank of Canada (BDC) surveying ecommerce and what hurdles lie in the way of success, has reported its findings Among the key statistics were businesses that conducted 50% of their trade online outperformed others during lockdown  with 39% saying revenue increased in that time Currently, only 46% of…

Amazon hiring 100,000 new workers in Canada and the U.S. as it looks to keep pace with ecommerce growth

The world’s biggest online retailer announced on Monday that it is seeking to hire 100,000 new workers across Canada and the U.S. as it looks to keep up with ecommerce demand This news comes just after the company announced a flurry of new fulfilment centres and delivery stations across Canada, including several sights in Ontario…

Ecommerce Online Sale in toronto

Ecommerce grows as consumers remain wary of physical stores

Ecommerce sales in a range of sectors, including retail, furnishing, food, sporting goods and health and personal care have all risen as physical sale counterparts still struggle The findings, researched and collected by Statistics Canada, show that the average Canadian consumer is being cautious of returning to physical stores As many elect to stay away…