Mobile Commerce
Saudi Arabia Sees Record E-Commerce Growth
June 16, 2014

According to estimates from Visa, Saudi Arabia had a 43 percent increase in e-commerce for the first quarter of 2014, as compared to the same period from 2013. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

B2B Payments
When Suppliers Turn Into Lenders
June 16, 2014

Payments terms as long as 160 days? Don’t laugh. It’s what some suppliers in the events sector are being asked to accommodate, basically becoming lenders for those who don’t want to mess up their own cash flow. Is this a trend that could soon become...

Mobile Commerce
Coming Soon To Alibaba’s Tmall: L’Occitane
June 16, 2014

L’Occitane International, a maker of high-end skin care products, is in final negotiations with Alibaba to open up a virtual storefront on it Tmall site. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

B2B Payments
Fleet Management Company Updates Tracking System
June 16, 2014

Navman Wireless USA announced last week that it had added electronic driver log and driver vehicle inspection reporting (DVIR) options to its OnlineAVL2 fleet tracking system. The updated system is for corporate fleets that must comply with Federal Motor Carrier Safety Association (FMCSA) regulations. Get the...

News
Amazon: No Credit? No Problem!
June 16, 2014

Hopeful Amazon Kindle consumers who wanted a payment plan so they could purchase the coveted e-reader might be in luck. According to Amazon’s promotional page, customers can make five monthly payments instead of one lump sum at checkout, in order to buy a Kindle. Get...

Controversial
CFPB Targets Mobile Banking
June 16, 2014

Mobile banking is now under the CFPB’s spotlight in order to assure that access to mobile financial services is being applied equally in all sectors of the population. Independent of that action, a House committee has introduced several bills that would limit the CFPB’s powers...

International
China’s Top Private Car App Going Global?
June 16, 2014

Joining international taxi drivers on the list of things that are likely giving the executive team at the ride-sharing behemoth Uber a headache this morning is the announcement that Yongche is eyeing international expansion  Get the Full Story Complete the form to unlock this article and...

Merchant Innovation
Priceline Buys OpenTable
June 16, 2014

Priceline has moved to purchase OpenTableInc. for about $2.6 billion in cash.   OpenTable allows diners to book meals by smartphone and charges restaurants fees for the patrons it books as well for monthly access fees to use its software. Priceline will pay $103 a share in  a 46...

Hmmm
PYMNTS Talks Back: PayPal’s Marcus Jumps to Facebook, The Payments Implications of the Apple Ecosystem,...
June 14, 2014

Some pretty big stuff got the payments industry talking this week. PayPal’s President moves to Facebook, World Cup revelers can’t get Brazilian currency and a mobile payments innovator claims HCE isn’t all that it’s cracked up to be. That was just Tuesday, Wednesday and Thursday!...