Startup Donde is working to help drive retail sales for consumers who want to find convenient, nearby locations to make their purchases. Founder and CEO Anthony Nicalo, in a podcast interview with Karen Webster, CEO of Market Platform Dynamics, explained the general idea behind the...
By: Eileen Goode (@eileengoode) When businesses are paying each other, checks remain the dominant vehicle, representing on average nearly half of all B2B payments. Their primacy, however, is slipping. In 2004, 81 percent of payments were made by check, but by 2013 the rate had...
OTI has launched a consumer-oriented automatic payment solution for gas stations. EasyFuel Plus is similar to an OTI offering for commercial purposes. It features a contactless reader attached to a vehicle’s fuel inlet. Once the driver begins refilling, the payment process is activated automatically. “This...
06 March 2014 Stripe has rolled out a new checkout system for mobile and online transactions that allows users to make one-click payments for the first time on the payments platform. Embeddable on both computers and a variety of mobile devices, the new functionality will...
06 March 2014 Ripple Labs, the creators of the Ripple open-source, distributed payment protocol, is hoping to increase its market traction by opening up to developers with a portal designed specifically for them. Initially the portal will house the new Rest API, with plans to...
07 March 2014 Braintree says it will waive the standard 2.9 percent plus 30 cents in processing fees for transactions among members in its new Ignition program. The free deal originally was good for the first $50,000 in transactions processed and for a limited 1,000...
Legalized for medical consumption in 20 states and for recreational use in Colorado and Washington, marijuana is still federally classified as a Schedule 1 narcotic. And federal rules prohibit federal banks and credit card companies from processing pot-related transactions. As such, dispensaries and growers cannot...
23 January 2014 By Jeffrey Green (@epaymentsguy) EBay’s board of directors on Jan. 22 rejected a proposal by investor Carl Icahn, who had submitted a non-binding proposal for a spin-off of its PayPal business into a separate company. Icahn earlier this month acquired shares and...
Factoring, in which a supplier sells an invoice to a financer to be paid less than the invoice's value immediately, all but dried up as a financing source for small apparel manufacturers in the wake of the recession. But it appears to be making a...
