eCommerce
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CurrentC Is The Big Retailers’ Clunky Attempt To Kill Apple Pay And Credit Card Fees
Long before Apple Pay, big brick-and-mortar retail chains were conspiring to sidestep the typical 2% to 3% fees they’re charged by credit card companies when consumers pay with credit. A company called MCX (Merchant Customer Exchange), spearheaded by Walmart, was started to build a mobile payment solution that would become an app called CurrentC that’s preparing to launch, but… Read More
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Amazon Rewards Visa Cards Now Compatible With Apple Pay
Amazon said it would be making its Rewards Visa from Chase compatible with the new Apple Pay system earlier this week, and the integration is already out the door. Amazon had said it would support it sometime, though they didn’t specify an exact timeline, so seeing it roll out this quickly is likely a pleasant surprise for card owners. We’ve received direct reports of customers… Read More
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Jonny IV Wants To Be Nasty Gal For Men
Today marks the launch of yet another ecommerce brand focused on mens apparel, as Jonny IV joins ranks with Buck Mason, Frank & Oak, and many others. Founded by Eugene Kang, the former head of ecommerce at Forever 21, Jonny IV is different from other brands in that it focuses on street wear as opposed to a single, look, like the preppy Frank & Oak, basics-focused Everlane, or the… Read More
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Apple Pay’s First TV Ad Is A World Series Spot From MasterCard And MLB
Apple’s new payment system is live, and Apple Pay has already garnered more attention than most mobile payment efforts to date. It also has a new ad, which aired yesterday during the opening game of the 2014 World Series, from payment partner MasterCard. MasterCard’s ad accompanies its new rollout of contactless payments at food and beverage purchase points in MLB ballparks across… Read More
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Boostable Gets $3.2M, Its Ads Get More Sales For Your Event, Crowdfund, Or Online Store
Boostable doesn’t have to sell its ads. Marketplaces sell them for it. Ticket, crowdfunding, and ecommerce marketplaces make money when their users sell things, so they’re incentivized to route traffic to the listings they host, which is exactly what Boostable’s easy-peasy ad-buying tool does for marketplace sellers do. So the marketplaces do the legwork of recommending… Read More
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Verizon Leads Flint Mobile’s $9.4M Round As Payment Service Comes To The Web
Flint Mobile, a point-of-sale mobile payments solution originally built around snapping photos of your credit card instead of dongles or using other hardware to make payments, is today announcing that it has raised another $9.4 million in funding led by new, strategic investor Verizon via its Verizon Ventures arm; as well as an expansion of its service to the wider internet in a new… Read More
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Amazon Rewards Visa Card Will Support Apple Pay In The Future
Amazon has confirmed to TechCrunch that its Rewards Visa Card will indeed support Apple Pay, and that the company is working on making this happen. The Rewards Visa Card is powered by Chase, which is already one of the payments companies working with Apple on Apple Pay at launch. While Amazon has confirmed that it is working to bring Apple Pay to its credit card, there is no specific timeframe… Read More
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Glamsquad Raises $7 Million For On-Demand Hair Styling And Beauty Services
New York-based Glamsquad, an on-demand beauty business now headed by Gilt Groupe co-founder Alexandra Wilkis Wilson who joined earlier this year as co-founder and CEO, has now raised $7 million in Series A funding in a round led by SoftBank Capital. The company launched in January of this year in New York, and is now one of several services that bring professional hair stylists and makeup… Read More
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Groupon Goes After Yelp And Google With Millions Of Individual Business Pages
Groupon today took one more step ahead in its bid to be a simple daily deals site, and more of a general go-to place for local businesses and all of their e-commerce efforts: it has launched a new format and online presence called Pages. This is an online directory that will give businesses their own home page on Groupon’s site, where offers, news, user reviews and other information… Read More
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On The Heels Of Apple Pay, Jumio Launches A Card-Scanning Mobile Checkout Product For Retailers’ iOS And Android Apps
Computer vision startup Jumio, best known for its payment card and ID-scanning technologies which allow end users to hold up their cards to a mobile device’s camera to simplify the process of entering in that data on small screens, is rolling out a new product today designed to improve the mobile checkout experience for retailers. Called “BAM Checkout,” the product is the… Read More
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