Merchant Innovation

Merchant Innovation
Paddle Offers Software For SaaS Startups
September 29, 2016

Paddle, a B2B startup, wants to make its niche by selling SaaS eCommerce services to other SaaS startups to help them scale easier and place the focus on building their core products, or as Paddle itself likes to put it, its solution is a “platform for software...

Report: More Than Half Of America Could Have Amazon Prime Membership By End Of Year
September 27, 2016

Amazon is winning. Or, at least, that certainly appears to be the case when it comes to its exclusive Amazon Prime membership club. A new report released by Cowen and Company this week estimates that Amazon’s 49 million Prime members are worth an estimated $143...

Merchant Innovation
Square Launches “Card On File” Payments For In Store Purchases
September 23, 2016

While keeping customer email addresses is fairly common practice, Square wants to help its partners do that service one better by allowing customers who frequent the place to pay with the information from cards they have already used. No card required. To make this feat...

Merchant Innovation
linked2pay Adds Automated Merchant Approval, Onboarding
September 22, 2016

Linked2pay, the platform provider of Bank Centric Payments, announced on Wednesday (Sept. 21) that it has added automated merchant approval and onboarding to its service. In a press release, the company said that it removed a barrier for acquirers and ISOs by simplifying the option to add ACH and...

Vroom Raises $50 Million To Disrupt Used Auto Sales
September 21, 2016

Vroom wants to disrupt the used car market and has raised $50 million in a Series E round of funding to do just that, according to TechCrunch. That brings Vroom’s total capital raised to $218 million. Vroom started in 2013 as an easy way for...

Merchant Innovation
Meet HeroPay, The Startup That Wants To Be Small Business’ Payments Hero
September 20, 2016

The payments industry is a fairly large pie, but the way things are currently set up is skewed to favor larger vendors and businesses — a $4 trillion industry in the U.S. alone. Of that $4 trillion pie, the U.S.’s 7.2 million small businesses make up...

Merchant Innovation
US eCommerce On A Tear In Q3
September 16, 2016

Data released from the U.S. Department of Commerce on Thursday (Sept. 15) revealed that the eCommerce market took a small dip in sales during the third quarter. Though the Q3 figures showed online sales have grown 10.9 percent in August, which is a healthy gain...

Report: Brands Are Sitting On A Goldmine — UGC
September 15, 2016

Are brands and retailers sitting on an extremely low-cost, extraordinarily effective way to engage with consumers that they are not fully taking advantage of? Yep, that’s what a new study by L2, a New York-based digital intelligence firm, sure seems to indicate. Although the study...

Merchant Innovation
DataScience Puts The Data (And Science) Into Data Science
September 13, 2016

DataScience is, literally, the name in data science. The Los Angeles-based startup that was founded in 2014 uses algorithms and computer science to provide data-driven solutions to just about any problem any company might face (seriously, DataScience counts among its customer base everything from hot...