Germany - Seamless Xtra

Germans return 11% of online purchases, says Bitkom

by Mark Dowdall | Apr 22, 2024

On average, German online shoppers return 11% of their online purchases while a quarter never return goods purchased online, a new Bitkom survey has revealed.

Kaufland expands e-commerce segment across Europe

by Mark Dowdall | Apr 9, 2024

The “go-live” is planned for late summer and follows the launch in two other European countries last year.

Tide brings business financial platform to Germany

by Mark Dowdall | Mar 13, 2024

UK fintech Tide is expanding its business financial platform to Germany as part of plans to boost growth in continental Europe.

Delivery is decisive cost driver for online retailers in DACH region – EHI Retail Institute

by Mark Dowdall | Feb 12, 2024

The EHI Retail Institute has called on online retailers to examine their processes and cost structures, revealing in a study that after long periods of growth for e-commerce, current forecasts are less rosy.

German e-commerce to “bottom out” in 2024 after drop in sales

by Mark Dowdall | Feb 5, 2024

The e-commerce association (bevh) found that for the first time, gross sales of goods fell in double digits by 11.8 percent to €79.7 billion in 2023, after reaching €90.4 billion the previous year. However, it said it expects a turnaround this year.

Computop introduces ‘Pay to Drive’ for EV charging stations

by Mark Dowdall | Jan 12, 2024

German-based Computop has introduced ‘Pay to Drive’ an integrated payment solution for EV charging stations as it seeks to tap into a growing trend of electromobility across Europe.

REWE to expand ‘Pick&Go’ shopping concept in Germany

by Mark Dowdall | Dec 29, 2023

REWE said it will be launching three more REWE stores in Germany in early 2024 including the largest Pick&Go store to date with an area of around 1,200 square metres.

Enfuce raises €8.5 million to expand embedded financing in Europe

by Mark Dowdall | Dec 1, 2023

The funding follows its successful €45 million Series C round in 2021 and enables further expansion of embedded financing across key European markets in Benelux, Germany and France.

Aleph Alpha secures $500 million to help scale sovereign Generative AI

by Mark Dowdall | Nov 7, 2023

German startup Aleph Alpha has raised more than $500 million in Series B funding and secured the backing of several prominent investors for its sovereign Generative AI solutions which serve as an alternative to rival OpenAI

German retail becoming increasingly hybrid, says Bitkom survey

by Mark Dowdall | Nov 3, 2023

A representative survey of over 500 retail companies in Germany has found that hybrid selling continues to be a growing trend.

Kaufland adds shared loyalty points to connect physical and digital retail

by Mark Dowdall | Nov 3, 2023

German retail chain, Kaufland has enhanced its digital advantage programme, the Kaufland Card, further bridging the gap between stationary retail and the online marketplace.

ResearchAndMarkets launches ‘Europe POS Payment Methods 2023’ report

by Mark Dowdall | Aug 25, 2023

The ‘Europe POS Payment Methods 2023’ report reveals that merchants are increasingly shifting away from traditional POS systems and embracing advanced technologies like smart POS, soft POS, and mPOS.

Sizekick unveils AI-powered clothing-sizing tool

by Mark Dowdall | Aug 9, 2023

German startup Sizekick’s AI-based sizing tool is the latest such solution to hit the market for fashion e-commerce platforms.

European banks and merchants address instant payments gap

by Mark Dowdall | Jun 20, 2023

Banks across Europe are working to comply with the proposed EC Mandate on Instant Payments, with just 12 months to comply from when the Mandate is confirmed

Worldline launches payment system to support EV Charging market

by Mark Dowdall | Jun 15, 2023

Worldline’s new payment solution enables the full set of charging use cases such as Tap and Charge, Scan and Charge and Park and Charge.

Report: Online sales in Germany drop 15%

by Mark Dowdall | Apr 18, 2023

The figures, which were released by the German federal association for e-commerce show that sales in the fashion segment fell over 20 percent from January to the end of March as online retail continues to experience high levels of volatility.