Leading eCommerce platform, powered by
BigCommerce, offers a one-stop webstore, ideal for small businesses
looking to build and grow their online storefront
TORONTO, Sept. 9,
2024 /CNW/ - TD Bank Group (TD) is pleased to
announce the launch of TD eCommerce Solutions, a turnkey,
highly customizable eCommerce platform, that enables Canadian small
businesses to quickly begin selling their products and services
online and accept payments with ease. Offering a comprehensive set
of flexible features including intuitive webstore design tools from
leading open SaaS ecommerce platform BigCommerce, inventory and
order management, and a full suite of payment solutions from TD,
the TD eCommerce platform delivers a customizable and easy-to-use
storefront, providing trusted solutions that scale without
compromising performance.
According to forecasts*, eCommerce is poised to make up nearly
12 percent of total retail sales in Canada this year, and more than 80 percent of
Canadians are digital buyers – up 20 percent in the past 5
years. By reducing barriers traditionally associated with setting
up an online business, TD eCommerce Solutions makes it easy for
companies to start, run and thrive in today's rapidly evolving
retail marketplace.
"At TD, we recognize the vital role small businesses play in the
Canadian economy, driving innovation, creating jobs and boosting
communities," said Alec Morley,
Senior Vice President, Canadian Small Business Banking at TD. "As a
bank committed to supporting local businesses, we're proud to help
our customers succeed by providing them with eCommerce tools and
trusted solutions that support their growing businesses and help
them reach new customers."
At launch, TD eCommerce Solutions, powered by BigCommerce, will
be available to all TD Business Banking customers and new
customers, offering a full suite of capabilities, including
accounting features and Search Engine Optimization,
fraud detection and multiple payment acceptance
offerings as businesses grow and evolve. TD customers can take
advantage of same-day deposit** and streamlined billing, allowing
businesses to manage payments to multiple parties.
Additionally, TD eCommerce Solutions provides small business
owners with a single onboarding experience and provider for all
their webstore and payment acceptance needs, as well as
full-service support through the TD Merchant Solutions contact
centre plus technical support provided by BigCommerce.
"Offering online purchasing was once considered optional, but in
this post-pandemic era, we know that purchase patterns have changed
and that significant transactions are made online," says Morley.
"Our customers want to have a presence in digital buying, and
together with BigCommerce we will deliver."
"This collaboration combines the robust capabilities of TD
business banking services with the cutting-edge technology of
BigCommerce's ecommerce platform, creating a dynamic all-in-one
commerce and banking solution," said Brent
Bellm, CEO of BigCommerce. "This innovative unified offering
opens the door to new revenue streams and growth opportunities for
Canadian businesses of all sizes."
* eMarketer, Canada Ecommerce Forecast 2024
**Payment transaction amounts will generally be posted to
your TD business banking account and dated as of the same business
day the transaction was completed and submitted. Transactions
completed on weekends and holidays will be posted and credited to
your TD business banking account as of the next business
day.
For more information on TD eCommerce Solutions, please
visit:
https://www.td.com/ca/en/business-banking/merchant-solutions/ecommerce-website-builder
About TD Bank Group
The Toronto-Dominion Bank and its subsidiaries are collectively
known as TD Bank Group ("TD" or the "Bank"). TD is the sixth
largest bank in North America by
assets and serves over 27.5 million customers in four key
businesses operating in a number of locations in financial centres
around the globe: Canadian Personal and Commercial Banking,
including TD Canada Trust and TD Auto Finance Canada; U.S. Retail,
including TD Bank, America's Most Convenient Bank®, TD Auto Finance
U.S., TD Wealth (U.S.), and an investment in The Charles Schwab
Corporation; Wealth Management and Insurance, including TD Wealth
(Canada), TD Direct Investing, and
TD Insurance; and Wholesale Banking, including TD Securities and TD
Cowen. TD also ranks among the world's leading online financial
services firms, with more than 17 million active online and mobile
customers. TD had $1.97 trillion in
assets on July 31, 2024. The
Toronto-Dominion Bank trades under the symbol "TD" on the
Toronto and New York Stock
Exchanges.
About BigCommerce
BigCommerce (Nasdaq: BIGC) is a leading open SaaS and composable
ecommerce platform that empowers brands and retailers of all sizes
to build, innovate and grow their businesses online. BigCommerce
provides its customers sophisticated enterprise-grade
functionality, customization and performance with simplicity and
ease-of-use. Tens of thousands of B2C and B2B companies across 150
countries and numerous industries rely on BigCommerce, including
Burrow, Coldwater Creek, Francesca's, Harvey Nichols, King Arthur Baking Co., MKM
Building Supplies, United Aqua Group and Uplift Desk. For more
information, please visit www.bigcommerce.com or follow us on
X and LinkedIn.
SOURCE TD Bank Group