Merchant Innovation

Paysbuy Planning New Services For 2014
March 10, 2014

04 March 2014 Paysbuy, an online payment service provider, says it will launch a series of new services over the course of the next 10 months. Part of the initiative includes the launch of a media property, Telecompaper.com,Tech In Asia reported on Feb. 27 Paysbuy is...

Student Loan Support Platform Nabs $500K
March 10, 2014

04 March 2014 Credible, the startup developer of a student loan services platform, has announced the completion of a $500,000 venture funding round. Credible aims to address an issue common among many college graduates: high debt loads. The platform enables users to more easily switch...

Overstock.com Bitcoin Transaction Pass the $1M Mark
March 10, 2014

05 March 2014 Overstock.com customers have officially made more than $1 million in purchases with bitcoins. The online retailer partnered with Coin Base in early January 2014 to accept the digital currency, meaning the million-dollar milestone was surpassed in slightly less than two months. In...

NCR Targeting Small Brick-and-Mortars with New Loyalty App
March 10, 2014

05 March 2014  Last year NCR moved to directly challenge companies like Square with the release of its take on the virtual cash register: Silver. Silver is a set of retail hardware and software applications that run off of an iPad. Now NCR is going...

Fiserv’s Gregoire Switches Duties
March 10, 2014

05 March 2014  Global technology provider Fiserv Inc. has named Kevin Gregoire as group president. Gregoire most recently led the Card Services division at Fiserv, with responsibility for debit and credit processing solutions, prepaid card services, ATM processing and the Accel payments network. “I am...

North Shore Adds A MasterPass Wallet
March 10, 2014

04 March 2014 North Shore Bank in Brookfield, Wis., recently launched a MasterPass digital wallet to simplify online shopping for its customers, the first Wisconsin bank to offer the service. It provides a centralized location to securely store debit card, credit card, prepaid card and...

Bricks And Mortar Chains Reacting To Online Movement
March 10, 2014

05 March 2014 With more consumers now shopping online instead of in retail stores, operators of brick-and mortar locations are turning their attention to ways in which they can better compete. During recent earnings calls with analysts, executives at such companies as Gap Inc., Abercrombie...

CardFree and Mercury Collaborating On Mobile Commerce
March 10, 2014

06 MArch 2014 Mobile commerce provider CardFree is collaborating with payments technology provider Mercury Payment Systems. The partnership will enable CardFree to integrate bundle core payment processing and merchant acquiring into their already vast services list. “Mercury’s products and services provide a perfect complement to...

Payoneer Secures $25 Million In Funding
March 10, 2014

06 March 2014 Cross-border payment solutions provider Payoneer Inc. says it has completed a Series D financing round of $25 million. “This new funding will help us expand our position as the leading provider of payment solutions that connect marketplaces, ecommerce platforms, technology companies, professionals...