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ecommerce

News about ecommerce.

Alipay partners with Huawei to add biometric security to mobile payments

September 1st, 2014

Chinese online payments giant Alipay is working with Huawei to enable users of the phone maker’s new Ascend Mate 7 handset to secure their mobile payments using a fingerprint sensor built into the phone. The… More

Visa adds Checkout partners

September 1st, 2014

Visa has signed agreements with a wide range of new partners that will make its new Visa Checkout service available to more than 4m online merchants across the US. The new partners include “Bank of America Merchant Services, First Data, Tsys, Vantiv, and Wells Fargo Merchant Services, along with ecommerce platform providers including CyberSource, MarketLive, and 3DCart,” Visa says. “Branding Brand, Moovweb, and Skava are already live and integrating merchants today.”

PayPal introduces one touch mobile payments

August 21st, 2014

PayPal has launched One Touch, a mobile payments solution that lets consumers make payments in supported apps with a single touch. The service, PayPal says, is the “absolute fastest way to pay on any mobile… More

US merchant groups call for creation of open tokenization standards

August 1st, 2014

Leading merchant groups in the US have come together to call for the creation of an alternative set of open standards for tokenized payments that would be managed by an independent body such as ISO or ANSI — rather than by the payments industry. More

Facebook closes gifts business

August 1st, 2014

Facebook is to close down its gifts service on August 12, Techcrunch reports. “Most of the team has already been reassigned to other commerce initiatives. Those include the Buy button for making ecommerce purchases within Facebook, Auto-Fill for auto-populating your billing info in other shopping apps, and Custom Audiences that let brick-and-mortar merchants retarget Facebook ads to existing customers.”

Korean banks accelerate mobile wallet plans

July 25th, 2014

Korea’s banks are making a renewed push on mobile payments in the face of increasing competition from outside the financial services sector, Korea Bizwire reports, citing Hana Bank’s ‘Hana N Wallet’, Industrial Bank of Korea’s ‘IBK One Money’, and Shinhan Bank’s ‘Zoo Money’ and ‘My Shinhan Pay’ services. “The sense of urgency that IT companies are encroaching on the mobile payment market is making banks competitively beef up their smartphone-based electronic commerce services and scramble into the war of mobile wallet,” it says.

Twitter tests ‘buy now’ button

July 1st, 2014

A ‘buy now’ button has been seen on Twitter, leading to speculation the social media giant is trialling a new ‘in-tweet’ ecommerce service, Re/code says. Reports suggest pressing the button, spotted fleetingly in the mobile app this week and embedded in tweets from shopping app Fancy, led to a checkout page.

BioCatch raises $10m to expand behavioural biometrics platform

June 24th, 2014

BioCatch has raised US$10million to expand its behavioural biometric authentication platform. The service collects and analyses more than 400 behavioural signals and is used by banks to detect suspicious behaviour online. It is now also available… More

Amazon unveils smartphone that lets users shop the world around them

June 19th, 2014

Amazon has launched Fire, a smartphone that includes 3D “dynamic perspective” technology and a dedicated Firefly button that lets users recognize — and buy from Amazon — physical products, movies and music that they come… More

LevelUp to build BLE into payments terminals

June 18th, 2014

US mobile payments service LevelUp is to provide its merchants with the ability to push offers to shoppers via Bluetooth Low Energy (BLE) beacons built into the next version of its POS device. The move… More

Alibaba launches mobile payments and services platform

June 12th, 2014

Chinese ecommerce giant Alibaba has unveiled Mashang Tao, a new platform that lets brands and merchants create QR codes that can be used to make purchases in stores, online and from printed advertisements, as well as… More

PayPal CEO joins Facebook as head of messaging products

June 10th, 2014

PayPal CEO David Marcus is leaving the online payments provider at the end of June to take up a new role at Facebook, as vice president of messaging products — prompting speculation that he will oversee… More

Edgetech to offer acoustic mobile payments in Zimbabwe

June 5th, 2014

Zimbabwe-based banking solutions provider Edgetech Solutions is preparing to launch a new mobile payment service that uses sound-based communication technology from NearBytes to let people make payments in stores with their phones. When launched, the Edgepay solution… More

French retailer uses PowaTag to create 10,000 virtual shops, major UK chains to follow

June 2nd, 2014

French fashion retailer Comptoir des Cotonniers is using a platform developed by Powa Technologies to turn posters, billboards, magazines, cafe table tops, postcards, flyers and clothing into ‘virtual boutiques’ that let consumers order and pay for… More

PrivatBank to offer NFC payments via HCE

February 27th, 2014

Ukraine’s PrivatBank is to launch a cloud-based NFC payments service using host card emulation (HCE). The new Liqpay app will be available to customers with NFC smartphones running Android 4.4 KitKat. They will be able… More

Octopus and Alibaba add NFC security to ecommerce

February 19th, 2014

Hong Kong prepaid card provider Octopus has partnered with Chinese online giant Alibaba’s Taobao ecommerce platform and Alipay mobile payments service to let customers make secure online purchases using a combination of contactless cards, QR codes and NFC phones. More

Japanese online retailer to launch DIY shopping wall

August 5th, 2013

Online retailer DIY-Tool.com is to launch a physical “shopping wall” that makes use of NFC tags and QR codes, using a new platform developed by Tokyo-based Aquabit Spirals, NFC vendor Tapit and application development company… More

Gartner cuts NFC mobile payments forecast by 40%

June 5th, 2013

Worldwide mobile payment transaction values will reach US$235.4bn in 2013, a 44% increase on 2012′s $163.1bn, according to a new forecast from Gartner — but NFC transactions will account for a smaller than expected proportion… More

Towns pick NFC to drive shoppers back to British high streets

March 6th, 2013

“A town and city centre is only vibrant and thriving if people find a reason to go there”, Guy Douglas of ATCM says. “NFC is a way of delivering an enhanced town centre offer, which can only be a good thing especially when the high street is hugely challenged by ecommerce.” More

Samsung tests NFC window shopping in Amsterdam

January 23rd, 2013

The phone maker has teamed up with Dutch ecommerce merchant JeansOnline to make exclusive offers to Samsung phone owners who tap a TecTiles tag or scan a QR code at a pop-up store in the city centre. More

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