TikTok to offer in-app shopping with Shopify

TikTok unveiled plans to allow users to buy products while using the video-sharing app in a partnership with e-commerce platform Shopify. The fast-growing social media app said it would begin pilot-testing TikTok Shopping with a group of Shopify merchants in the...

Amazon may soon allow cryptocurrency as payment

Amazon may allow users to pay in cryptocurrencies like Bitcoin soon as the e-commerce giant is hiring a digital currency and blockchain product lead for its payments team. According to a latest job listing, Amazon’s Payments Acceptance & Experience team is...

Avoiding Instant EFT Risks

In 2020, e-commerce in South Africa spiked by 66%, driven by COVID-19-induced lockdowns and a drop in brick-and-mortar retail sales[i]. This increase was accompanied by an upsurge in the use of instant Electronic Funds Transfer (EFT) payments. Towards the end of last...
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