Retailers

Adobe Systems Inc. agreed to buy e-commerce company Magento for $1.68 billion, in a bid to capture a bigger slice of the digital-commerce industry from Salesforce.com Inc. and Oracle Corp.

Development is happening in places besides London and Silicon Valley, and that will give payment companies and financial institutions a wider range of technology solutions and partners, according to Aidan Hayes, senior vice president of financial services and technology for Enterprise Ireland.

E-commerce payment fraud losses are mounting, giving merchants the opportunity to dump responsibility on their technology partners, but there's no surefire way to totally offload the financial hit.

With the use of global standards, merchants can also strengthen and consolidate their relationships with vendors and minimize expenditure on hardware and software solutions and maintenance, writes Normand Provost, liaison chair of Nexo.

Businesses are already entering partnerships with some of the biggest players in the Chinese payments market, such as AliPay, and WeChat Pay, with the goal of offering tourists the ease of payments that they are accustomed to, writes Igal Rotem, CEO of Credorax.

For Whole Foods, the potential to tap into the sheer volume of new customers via the Amazon Prime premium loyalty program is unprecedented, writes Tom Caporaso, CEO of Clarus Commerce.

Both executives have changed the cryptocurrency narrative with supportive statements, but attracting merchants to a payments market will require work.

The reality behind the confusing "05: Do Not Honor" refusal is some issuers (or their processors) do a poor job of returning the appropriate refusal reasons to the merchants, writes Chris Laumans, product owner at Adyen.

Walmart Inc. has ended a service where customers could ring up their own purchases, showing that old habits die hard even in the digital age.

Prime customers, who pay an annual fee for benefits such as free two-day shipping and access to Amazon’s video and music library, will now also get discounts at the upscale, organic supermarket that Amazon bought last year.