News

PwC Survey: Shoppers Still Pick Stores Over Online
February 10, 2015

Despite all the pressure that brick-and-mortar retailers are feeling from online and mobile commerce, physical stores are still the primary place shoppers turn to buy things, according to an annual consumer survey by PwC. Get the Full Story Complete the form to unlock this article...

International
Alibaba And Tencent Will Battle Over Red Envelopes This Chinese New Year
February 10, 2015

It may still be more than a week until Chinese New Year on Feb. 19, but China’s online war of the Red Envelopes is already well underway, Tech in Asia reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Mobile Tops Retailers’ Priorities — Except In Budgets
February 10, 2015

Smartphones’ share of online retail sales jumped 50 percent in 2014, and mobile continues to top retailers’ marketing priority lists, according to a new report from Forrester Research. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Is P2PE The Next Step In mPOS Security?
February 09, 2015

The topic of security and mPOS is as old as, well, mPOS. But now that 51 million devices are expected to be in market by 2019, in support of a variety of use cases across a variety of merchants, the decibel level of that conversation...

PayPal’s Retail Future
February 09, 2015

Kerfuffle is one of my all-time favorite words. 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 completing this form, you...

Rocket Internet Puts Stake In Food Delivery
February 09, 2015

German startup investment company Rocket Internet has added to its galaxy of food delivery partners by investing a 30-percent stake in take-out aggregator Delivery Hero, worth 496 million euros, Bloomberg reports. The investment means that the Berlin-based food company is now valued at over $2 billion...

PayPal Bringing Lower Payment Fees To Korea
February 09, 2015

In an effort to nurture the budding online commerce community of South Korea, PayPal announced that on Feb. 12, it will have a website and call center in the Korean language, according to Korea Joongang Daily. Get the Full Story Complete the form to unlock this...

Groupon’s Big Ticket Monster Investment Payout
February 09, 2015

Groupon is in talks to spin off Korea’s second-largest e-commerce company Ticket Monster for a possible value of $1 billion, The Wall Street Journal reported. If successful, Groupon could make as much as four times its investment back after just one year, when the company...

SimplyTapp Gets $2.5M Mozido Investment
February 09, 2015

SimplyTapp, a leading provider of HCE services for merchants, announced late last week (Feb. 6) that it received an additional $2.5 million fundraising round as part of its Series B fundraising plan from mobile payments platform Mozido. This brings the total funding for the company...