News

Mobile Commerce
EBay Pays Top Execs To Take It Through Company Breakup
October 06, 2014

PayPal’s new chief executive, Dan Schulman is reported to receive a base salary of $900,000 in addition to equity awards over the next year of $18 million and be eligible for as much as $29.1 million in pay for benefits he is possibly forfeiting from...

International Customers Can Now Shop at Online US Stores With The Help of PayPal
October 06, 2014

PayPal is now making it easy for foreign shoppers who want to shop at online US stores, by teaming up with Shopmesimply. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

B2B Payments
PYMNTS B2B Investment Tracker
October 06, 2014

According to PYMNTS.com analysis, a total of $399 million was invested in 3Q 2014 in B2B payments across a variety of segments – lending, wholesale, travel and entertainment, procurement, billing and invoicing, data and business analytics. And, as we see on the retail side of...

B2B Payments
Is Auto Billing Really The Best Option?
October 06, 2014

To auto-pay or not to auto-pay? That is the question for many B2B companies on both the buyer and supplier side. With digital invoicing becoming more common, it is easy to assume that automatic payments are the optimal choice. But is it?

Controversial
Will Google Leverage Android Rules To Revive Google Wallet?
October 06, 2014

Is Google tightening the screws on large Android OEMS that leverage the Android operating system to revive Google Wallet in the face of the new Apple Pay challenge? That may be why the search giant is introducing new requirements for Android certification. According to confidential...

News
Payment Processor Porn Pressure
October 06, 2014

Regulation makes strange bedfellows, and possibly none stranger than pornographers and payments processors who have banded together to fight federal legislation that seeks to limit the means by which suspect industries access and use money. Get the Full Story Complete the form to unlock this...

Acquiring
Wells Fargo Joins AmEx OptBlue Program As First Bank Acquiring Partner
October 06, 2014

American Express' US Small Merchant Group announced that Wells Fargo Bank, N.A. has joined its Opt Blue program as the first bank acquiring partner, according to an American Express release.

B2B Payments
New Platform Connects Cooks And Local Food Suppliers
October 06, 2014

Sourcery, an online wholesale food supplier director and payments processor, wants to change the way restaurants manage their kitchens and free them from the shackles of paper.  The company has raised $2.5 million in seed funding and is planning to take its show on the...

Alternative Finances
Bitcoin Price Crashes
October 06, 2014

Been a bad weekend for bitcoin as the masses are selling and driving the prices down. The price of bitcoin is hovering at around $300 by most indices (check out the PYMNTS Bitcoin Price Index ) after briefly falling below $300 before ettling at around $296,...