People who wanted to buy really bad stuff probably didn’t mind paying a premium to use bitcoin to do it. But, will the regular old mainstream consumer be as willing to pay more than the face value of the goods they are purchasing just to...
Latin American countries are not usually thought of as payments technology, bellwethers. But, that all changed recently when the region surprised the world by being one of the first to mandate e-invoicing. Chile started the practice about a decade ago (albeit optional) and Brazil, Mexico...
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...
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. “Calculating duty and sales tax is extremely complicated,...
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...
The company plans to invest $250,000 to $1 million per consumer-based tech startup.
General Electric has contracted with the Tungsten Network to roll out a a multi-year e-Invoicing program into every GE operation globally, according a a release earlier today. The partnership could involve potential invoice volumes of over 16 million per year. “Tungsten Network is accelerating its expansion, with...
Several reports surfaced last week that reaffirmed what we’ve all suspected – rolling out EMV in the US is going to be a long slog that will optimistically take 5 years but more likely 10 to complete. That got MPD CEO Karen Webster to thinking,...
In this installment of the PYMNTS CEO Series, Karen Webster speaks with Ralph Dangelmaier, CEO of BlueSnap, to learn his thoughts on payments innovation, how the industry is changing and more. Where does Dangelmaier believe young innovators should look for innovative ideas, and what advice...
