Merchant Innovation

Merchant Innovation
Passkit Launches iBeacon Supported GemTot Program
April 17, 2014

The GemTot USB Proximity Beacon will have several new features that are not available from other providers.

Commentary
LevelUp’s March to Free Payments
April 16, 2014

LevelUp raised a lot of eyebrows in 2012 when it said that moving money should be free and that its mission was to reduce payments processing fees to zero for his merchants. Two years later, its Chief Ninja is announcing a permanent reduction in those...

B2B Payments
Alibaba’s $3B Q4 Revs Stuns Analysts
April 16, 2014

Analysts were in shock and awe yesterday, April 15, to lean that Alibaba, the Chinese e-commerce giant that is acquiring and investing in US companies, had $1.36 billion in Q4 profits.--more than 2x the year before. (The info was courtesy of Yahoo which has a...

PYMNTS Launches Bitcoin Price and Volatility Indices
April 15, 2014

What is the value of a bitcoin?  This is not a metaphysical question about the nature and purpose of digitally backed currency, in fact it is very straightforward—in U.S. Dollars, what is a bitcoin worth? The answer has been far less straightforward, since until now...

Merchant Innovation
Visa’s Wearable Technology Opportunity
April 15, 2014

Visa sees significant promise in wearable technology, for marketing and for payments. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By...

Alternative Finances
Loomio’s Tech Tool Raises near $100k for Crowdfund Target
April 15, 2014

Loomio, a start-up company in New Zealand, is close to raising $100,000 for a venture that offers a free open source decision-making tool for the masses, The Zealand Herald is reporting. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Group of Investors Seeks to Purchase Mt. Gox for 1 Bitcoin
April 14, 2014

Mt. Gox filed for bankruptcy in February after hackers had stolen 750,000 bitcoins from customers, and 100,000 from the company itself.  Now a group of investors is seeking to purchase the company for a token payment of one bitcoin, according to Get the Full Story...

Merchant Innovation
Amazon Primed To Release SmartPhone This Year
April 14, 2014

After years of speculation, Amazon is finally going to release a smart phone of its very own, reports The Wall Street Journal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Europe
Coming Soon To Payments: Facebook?
April 14, 2014

In a departure from their roots as the internets premier destination for posting adorable pictures of children and ill-advised pictures of drinking, Facebook is making and entry into the payments industry with remittances and electronic money. Get the Full Story Complete the form to unlock this...