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What happens when a payments power couple splits up

Payments Source

PayPal's brand is so ingrained with eBay sellers that its success forced the online marketplace to buy it in 2002. Even after the companies separated, their businesses remained intertwined. So it is no small decision for eBay to instead select Adyen as its primary payment processor.

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The Buyers: Generation Z’s Shopping Preferences

PYMNTS

Yes, those born between 1994 and 2002 are starting to push millennials over in terms of shaping commerce and eCommerce trends. It also found that while 50 percent of this group makes online purchases, 60 percent visit malls once a month with the intention of buying an item. Get ready, retailers.

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Wayfair’s Way Forward In A Crowded Field

PYMNTS

So small, in fact, that when it first started in 2002, the entire operation fit easily into the spare bedroom of Co-founder Steve Conine’s Boston home. Furniture, unlike clothes, food and books, is not considered an ideal product for online sale. As of today, that one-room idea has grown to $6.6

Boston 101
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The Connected Economy: It’s About Time

PYMNTS

They don’t have to sit at home and write checks to pay the bills — they can use online or mobile bill pay to get the job done. Instead of sitting on hold to make an airline or hotel reservation, consumers can use online travel aggregators or branded apps to book and confirm their arrangements. movies they saw in 2002.

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Data Enablers: Spreadshirt, Data-Driven T-Shirts

PYMNTS

Founded in 2002, the goal of Spreadshirt’s platform is to eliminate headaches and hurdles when bringing great ideas to market. The startup concept was to create and activate an online shop system to sell and share ideas,” said Smoter. the Czech Republic and Poland. But, Smoter said, this is still just the beginning.

Data 100
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eBay/PayPal: What Everyone Missed

PYMNTS

Back then, only the very, very large merchants had merchant accounts and could accept credit card payments online. They looked around for places that had a large concentration of senders and receivers online and a use case for payments that needed a digital upgrade. Three years later, in 2002, eBay bought PayPal for $1.5

Online 112
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Walmart May Be Looking To Sell Off Its Japanese Business

PYMNTS

Walmart first purchase Seiyu in 2002, but has faced difficulties gaining traction in the extraordinarily challenging Japanese market. Walmart is far from the first brand to fail to ignite in a Japanese retail segment, which is highly fragmented and generally unprofitable — and, i n some segments, actively shrinking.

eBook 100