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Dutch payments fintech Mollie is launching in Hungary, Slovenia and the Czech Republic. Online sellers in these countries can now use the company’s payment solutions and local support. It wants to simplify money management for businesses.
Chinese online marketplace AliExpress has launched its hourly delivery service in the United Kingdom. Shoppers in London who order packaged food, beverages and everyday household items can now enjoy same-day delivery. The platform wants to expand the service in the rest of the country soon.
The European Parliament has adopted new proposals to manage the growing influx of substandard and unsafe cheap products into the European Union, from non-EU online stores. Currently, 12 million small ecommerce packages arrive in the EU every day. The new proposals could make checking their quality easier.
Social media is playing a big role in online retail in Germany. A majority of 59 percent of retailers in the country use a profile on social networks to promote their offerings online. And more than a quarter offer consumers the option to place orders in their store via social media.
According to the German government, cancelling an online purchase should be as easy as placing an order. The Ministry of Justice has announced a cancellation button for online purchases of goods, services, and financial products. The perpetual right of withdrawal is being abolished.