Home Posts tagged "alternative payment"
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Websites Can Let Customers Checkout Through Amazon

Amazon is reemerging as a third-party payment provider leveraging the hundreds of millions of Amazon buyers that already trust their payment credentials with the online titan by providing the option to “Login and Pay with Amazon” on other merchant’s eCommerce sites. Read More

 
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Private Equity Firm Acquires European Alternative Payment Provider Skrill

CVC Capital Partners acquired majority stake in Skrill Group Plc with a purchase valuing the alternative payment provider at €600 million ($800 million). Read More

 
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Yandex.Money Purchased by Russia’s Largest State-Owned Bank

Towards the end of 2012 Sberbank, the largest state-owned bank in Russia, purchased 75 percent stake in the online payment service Yandex.Money which was valued at $60 million. Yandex, the most popular search engine in Russia, was seeking investors as they were unable to expand the fast growing online payment service on their own. Read

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Dwolla Launches Real-Time Bank Transfers, Builds Competitive Alternative to Traditional Payment Networks

Dwolla, an alternative cash based payment network, enables consumers to make retail payments and peer-to-peer transfers over their hybrid ACH network. In June Dwolla launched their FiSync network which enables real-time bank transfers to Dwolla accounts, meaning users can connect participating bank accounts through their Dwolla account to make purchases in-store and online or transfer

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More Merchants Accepting Payments Over Mobile Devices, More Competitors Entering this Space

In June Square announced that they are now processing $6 billion annually while VeriFone and Intuit compete with similar product offerings that allow merchants to accept and process credit card payments via their mobile device. Meanwhile iZettle, dubbed the Square of Europe, expands from Scandinavia to the UK now with over $16 million raised in

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eBay Acquires German Online Payment Company

eBay recently announced their purchase of BillSAFE, a service which allows consumers to shop online and receive an invoice for payment. Read More

 
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