News

International
Amazon Makes First Chinese Investment, Drops $20M Into Chinese Food Vendor Yummy77
May 20, 2014

Perhaps answering Chinese rival Alibaba’s participation in a $250 million funding round for ride-sharing service Lyfit, American e-commerce giant Amazon has proved that it an investment overseas too and reportedly paid $20 million for a minority stake in Yummy77, an online company that provides fresh food...

Merchant Innovation
PayPal Will Feature Sneak Peak At “Shop” Function With Newly Redesigned User Experience
May 20, 2014

Long-time PayPal users may notice that something looks a little bit different when logging into their accounts to transact business. The online payments standard bearer announced a redesigned user experience on its blog last week, intended to help bring users of all kinds access to...

Merchant Innovation
Tripping Raises $5-$10 Million To Become the Kayak Of Vacation Rentals
May 20, 2014

As summer looms and Americans contemplate vacations, there is a segment of the population on whom the charm of a hotel is lost. Until now, those whose preferences ran toward vacation home rental had a good deal of internet combing to do to find the...

News
Groupon vs Square In The Battle for POS Dominance
May 20, 2014

One-time social commerce now general e-commerce player Groupon has yet another established e-commerce player in its sights. The evolving online “everything” store has already dipped its toe into competing directly with Amazon with its bulk shipping program. Now it is going after a slightly different...

News
Digital Gifting App Jifiti Launches on i2c Platform
May 20, 2014

i2c, Inc., a global provider of payment processing and e-commerce solutions, and Jifiti have announced that the physical-to-digital gifting site will use the i2c platform for open-loop prepaid processing. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

B2B Payments
BlueSnap Eases Tax Difficulties For International Merchants with Avalara Integration
May 20, 2014

Going forward, merchants using the BlueSnap global payment gateway will have access to Avalara’s AvaTax capabilities. This will allow merchants to calculate the final tax amounts on international invoices from their existing workflow in an automated way. Get the Full Story Complete the form to...

Mobile Commerce
Bubbly Adds Carrier-Billing Payments Engine
May 19, 2014

What do you get when you blend 40 operators with $39 million and a emerging Asian economies? Bubbly. Nope, it’s not a champagne or even the Colbie Caillat song by the same name, it’s a new set of payments rails that enable carrier-based billing for...

Hmmm
Square Plans to Enhance its Payments Platform
May 19, 2014

PYMNTS.com spoke with Square to find out if the recent announcements about Feedback and Square Order are signs for something bigger.

Alternative Finances
Blade Launches $20M Seed Fund in Boston for Consumer Tech Startups
May 19, 2014

The company plans to invest $250,000 to $1 million per consumer-based tech startup.