05 March 2014 Ulmart, Russia’s online equivalent to Amazon, reportedly has succeeded by doing what Amazon does not. “In this market,” Ulmart’s chairman, Dmitry Kostygin, told Businessweek, “Amazon has no chance.” The an online retailer reported $1.2 billion in sales last year. Instead of wooing customers...
05 March 2014 With more consumers now shopping online instead of in retail stores, operators of brick-and mortar locations are turning their attention to ways in which they can better compete. During recent earnings calls with analysts, executives at such companies as Gap Inc., Abercrombie...
05 March 2014 Hashtag activator Chirpify has introduced #Actiontags for TV, enabling consumers to post to Twitter, Facebook or Instagram using the “activated hashtags” they see on TV to instantly purchase products or respond to campaigns. For example, consumers who tweet #testdrive in response to...
06 MArch 2014 Mobile commerce provider CardFree is collaborating with payments technology provider Mercury Payment Systems. The partnership will enable CardFree to integrate bundle core payment processing and merchant acquiring into their already vast services list. “Mercury’s products and services provide a perfect complement to...
06 March 2014 Isis is offering an exclusive 50 percent back in statement credits for American Express Card members who use their card in the Isis Mobile Wallet for a rides in a qualified New York City Yellow Medallion Taxicab. The promotion ends June 1,...
06 March 2014 Stripe has rolled out a new checkout system for mobile and online transactions that allows users to make one-click payments for the first time on the payments platform. Embeddable on both computers and a variety of mobile devices, the new functionality will...
06 March 2014 Billeo Inc. is partnering with Danal to launch a mobile-identity solution for Billeo’s XpressBuy checkout system. The new service is intended to make online transactions more user friendly by reducing the number of steps necessary to complete online without sacrificing consumer security....
06 March 2014 A new voice has entered the ongoing argument between eBay’s CEO and activist investor Carl Icahn about the future of the payments wing of eBay Inc., PayPal. LinkedIn co-founder Reid Hoffman has come out in a blog post to accuse Icahn of being short-sited...
07 March 2014 MeaWallet, a Norway-based white-label solution for mobile payments, reportedly is partnering with industry leaders to provide a platform to support most mobile payments options. The platform will work on “all types of smart devices and secure elements,” reportsNFC World. “The whole idea...
