Amazon cooperates with the UK Post Office; "North American Alipay" Square launches Cash App Pay

Amazon cooperates with the UK Post Office to expand its delivery points to 1,500!

Recently, Amazon announced a partnership with the UK Post Office to provide Click & Collect service to the local area. Through this service, customers can show the parcel's exclusive QR code to the postal staff for scanning, and then they can pick up the parcel. It is reported that the UK Post Office has about 11,500 delivery points. Previously, the two parties have tried to promote 200 delivery points. They plan to expand the service to 1,500 delivery points before Christmas .

"North American Alipay" Square launches Cash App Pay to challenge Paypal!

Recently, the US payment platform Square announced the launch of Cash App Pay, which allows consumers to pay with their Cash App accounts via QR codes or buttons on their mobile devices at checkout. Sellers can also use the tool to manage receipts, reconciliation, and settlement in the Square app. Previously, PayPal also launched a similar feature. Not long ago, Paypal also expanded its QR code payment service scope and signed agreements with many new partners.

Amazon Egypt will invest 1 billion Egyptian pounds to intensify local market competition

In early September, Amazon announced that Souq.com would be renamed Amazon.eg and officially launched in Egypt . It is reported that Amazon Egypt said it would invest more than 1 billion Egyptian pounds (63.5 million U.S. dollars) to provide users with high-quality goods and services. This major move has greatly promoted Egypt's e-commerce market, but it has also led to intensified local market competition. Small and medium-sized sellers in Egypt cannot compete with this e-commerce giant in terms of price or marketing methods.

Linio will launch a credit program for Peruvian sellers, and the next batch will be Chilean and Mexican sellers!

To help Colombian sellers, Latin American e-commerce Linio and Chilean bank BancoFalabella have jointly announced a new loan program. Linio will also launch a "seller financing" credit program in Peru in the near future, aiming to enable Peruvian SMEs and entrepreneurs to successfully start online sales through digital platforms. Linioz plans to develop financing plans in other Latin American countries such as Chile, Colombia and Mexico.

Adobe is adding payment services to its e-commerce platform

Adobe is launching a new payment service for its commerce platform. By adding payment services to Adobe Commerce, merchants of all sizes can access integrated payment solutions. Adobe Commerce's payment services will be powered by PayPal Commerce Platform, and Adobe merchants in the United States will be able to use them by the end of this year, with plans to support other regions including Canada, Australia, and Western Europe next year.

Amazon CEO says its retail business accounts for only 1% of the world: It's hard to say it's a monopoly

Amazon CEO Andy Jassy said in a television interview on Tuesday that it is difficult to prove that Amazon has a monopoly in the retail market. "Our retail business only accounts for about 1% of the global retail market, which is far from a majority share," Jassy said. He said that the definition of a monopoly is "unrestrained price increases" due to lack of competition, but "we compete with some very large companies... We will continue to lower prices because these markets are highly competitive."

Amazon

British Post Office

E-commerce