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Amazon (And Others) Brace For India’s New eCommerce Tax

PYMNTS

The tax may be a case for the government to boost its own coffers on eCommerce, anticipated to be worth as much as $200 billion annually by 2026, as estimated by the India Brand Equity Foundation (IBEF) late last year. That is up from roughly $50 billion at present, with an estimated 175 million individuals shopping online in 2020.

Taxes 175
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Deep Dive: The State Of mPOS In North America

PYMNTS

percent between 2017 and 2026. Consumers in countries that commonly see credit and debit card use expect all retailers to allow them to pay in those ways, thereby generating merchant demand for mPOS solutions. is one such nation, with a June 2018 Statista survey reporting that 83 percent of Americans aged 30 to 49 owned credit cards.

America 128
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Is India’s ATM Disappearing Act A Digital Payments Boon?

PYMNTS

That comes as eCommerce is slated to be worth as much as $200 billion by 2026 , according to Morgan Stanley estimates, growing at 30 percent, compounded annually. Side note: Walmart has come to India in a big way with an ownership stake in online marketplace Flipkart , and thus has its own online payment offerings.

ATM 187
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Are Private Labels The Key To Cracking The Profitability Indian eCommerce?

PYMNTS

In 2016, 95 percent of transactions in in India were done in cash and there were approximately 60 million online shoppers – representing about 14 percent of the internet using base of the nation, according to a late 2017 report by Morgan Stanley. Great Expectations And Big Buy-Ins. What’s Next.

Branding 101
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Walmart Seals The Deal With Flipkart For $16 Billion

PYMNTS

“India is one of the most attractive retail markets in the world, given its size and growth rate, and our investment is an opportunity to partner with the company that is leading transformation of eCommerce in the market,” Walmart CEO Doug McMillon said in a statement. Local Reaction.

Marketing 109
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Amazon Vs. Alibaba: How The E-Commerce Giants Stack Up In The Fight To Go Global

CB Insights

BRIEFING: Surviving the Retail Apocalypse. How are brick-and-mortar retailers surviving and adapting in the world of digital commerce? They also know how successful a retailer can be if it builds a leading e-commerce presence and brings a country into online retail. First Name.