Alibaba Group has begun placing Taobao Marketplace and Tmall.com merchants’ display marketing on the country’s top online video websites through the company’s Alimama online marketing platform, the Chinese e-commerce giant announced May 29. Get the Full Story Complete the form to unlock this article and...
According to SWIFT info, US became the fifth place in the world for RMB payments after mainland China, Hong-Kong, Singapore and UK. US flows from and to China and Hong-Kong represented 2.4% of the total and had 327% y-o-y growth in April. The RMB continues...
Wowsa. Talk about awakening the slumbering bear! This week economist and MPD Founder David Evans wins the prize for heating up the PYMNTS.com community with his article about Overstock not taking bitcoins, Overstock’s response and then Evans' response to the response! But there’s more! Readers...
Merchants processing through BluePay that don’t want to deal with trying to collect on their own their portion of the $7 billion interchange class-action settlement Visa and MasterCard struck with merchants in 2012 now have an alternative. Get the Full Story Complete the form to...
Cielo, Brazil’s largest merchant acquirer and Linx, an ERP provider, signed a non-exclusive partnership, which will bring management solutions to SMEs. The move is defensive for Cielo as it tries to defend its 56% market share menaced by new entrants. Its targets are retailers with...
First-quarter year-over-year in-store sales were down slightly at Target, which is facing difficulties similar to those of other large merchants in getting traffic through their doors. As more individuals choose to shop online for deals, the megaretailer is turning its attention to the needs of...
Sometimes an acquisition makes the most sense, while other times a simple partnership will help fill a product or service gap. Whatever the strategy, anticipated growth in point-of-sale demands has the acquiring industry in collaboration mode as key players look to fill emerging market needs.
Bradesco Seguros, a branch of one the big banks that offers medical insurance, will launch an Andorid and iOS m-wallet, developed by Scopus, which will enable customers to consolidate cards. Windows and tablet support will be available in a second phase. Get the Full Story...
Last Friday PYMNTS ran a short article by me that made the pretty simple and accurate point that Overstock.com receives dollars when people use their Coinbase wallet to send bitcoins. Little did I know the firestorm I would start. Patrick Byrne, Overstock’s CEO, was not...
