merchants

merchants

Accel, SV Angel, Y Combinator Put $1.5M In Online Bank Payments Platform GoCardless

techcrunch.com
If you’ve ever set up an automatic ‘Bill Pay’ feature on your bank account to pay off your utility and cable bills, then you’ve taken advantage of a nifty feature called an ‘interbank transfer’, also known as an ‘Automated Clearing House’ payment. Once they’re set up, they tend to be...
Accel, SV Angel, Y Combinator Put $1.5M In Online Bank Payments Platform GoCardless
“AdSense For Local Commerce” Signpost Raises $3.75M From Spark Capital

Dwolla Raises $5 Million From Union Square Ventures To Continue Building Its (Nearly) Fee-Free Payment Network

www.businessinsider.com
Credit card fees really add up.  Ben Milne's business was losing $55,000 per year to them, so he created Dwolla to side step the charges altogether. Dwolla is a 17-person startup that is creating a nearly fee-free payment network.  Credit cards and PayPal charge merchants between 3 and 5%...
Dwolla Raises $5 Million From Union Square Ventures To Continue Building Its (Nearly) Fee-Free Payment Network

Andrew Mason’s First Earnings Call: “Stop Sending Me Pole-Dancing Deals”

techcrunch.com
Groupon CEO Andrew Mason just finished his first post-IPO earnings calls with Wall Street analysts. (We covered it live and looked at the numbers). “We believe we are on the cusp of a sea change” in behavior, he noted. “We’re about to see what technology can do for local commerce.”...
Andrew Mason’s First Earnings Call: “Stop Sending Me Pole-Dancing Deals”

Card-Linked Customer Loyalty Company Cartera Commerce Raises $12.2M Series D, Readies Expansion Into Local Offers

techcrunch.com
Cartera Commerce, the largest provider of card-linked offers in the U.S., has just raised an additional $12.2 million in Series D funding, bringing its total raise to date to $43 million. The new round was led by Comvest Group, and included participation from all Cartera’s previous investors: Dace Ventures, Flybridge...
Card-Linked Customer Loyalty Company Cartera Commerce Raises $12.2M Series D, Readies Expansion Into Local Offers

Exclusive: Amazon Starts Bringing the Art of Recommendations to Daily Deals

allthingsd.com
Amazon is taking its first step in bringing the recommendation technology that the e-commerce site is known for to the daily deals space. To be sure, no one has yet solved targeting in the space — men are still being offered Brazilian bikini waxes and women get pitched discounts to...
Exclusive: Amazon Starts Bringing the Art of Recommendations to Daily Deals

The Death Of This Waffle Joint Illustrates Perfectly Groupon's Cashflow Accounting Methods (GRPN)

www.businessinsider.com
A Washington, D.C., restaurant named Back Alley Waffles claims it is going out of business because it had to wait too long before Groupon sent it the cash it raised from one of the daily deal site's email offers. The restaurant posted a message on its site say it was...
The Death Of This Waffle Joint Illustrates Perfectly Groupon's Cashflow Accounting Methods (GRPN)

Beyond The Daily Deal: Groupon’s 170M Deals And 33M Users; Aims To Be ‘The OS For Local Commerce’

techcrunch.com
Groupon’s CEO Andrew Mason today posted a letter to shareholders with some updated figures on how the company is doing, and a more specific outline of what Groupon plans to do to to move beyond daily deals: ”To become the operating system for local commerce.” The move is a significant one...
Beyond The Daily Deal: Groupon’s 170M Deals And 33M Users; Aims To Be ‘The OS For Local Commerce’
Signpost, the AdSense for local business, raises $3.75M

Square Is Trying To Take Magic Mainstream

parislemon.com
Just in case my love letter last November didn’t make it abundantly clear, I’ll reiterate: I love Square. We’re not investors, but I wish we were. I love both the business and the product. And if that level of admiration makes this post biased, then color me conflicted. Apparently well...
Square Is Trying To Take Magic Mainstream

Reports: Authorities removing iPads from stores in China, following trademark ruling

www.engadget.com
Government authorities and retailers have reportedly begun removing iPads from stores in China this morning, in apparent response to a ruling issued in December. According to China's Hebei Youth Daily, local representatives of the country's Administrations of Industry and Commerce (AIC) have started confiscating Apple's tablet from retail outlets,...
Reports: Authorities removing iPads from stores in China, following trademark ruling

PayPal Trumps Square's Deal With Starbucks by Partnering With Discover

allthingsd.com
Under a new partnership being announced with Discover, PayPal is super-sizing the number of merchant locations it will accepted at in the U.S. to more than seven million. “The whole industry has been looking for a landmark — that says that all of this is really happening,” said Don Kingsborough,...
PayPal Trumps Square's Deal With Starbucks by Partnering With Discover

Online Community For Small Businesses Manta Raises $44M From Norwest Venture Partners

techcrunch.com
Manta, an online community dedicated entirely to small business, has raised $44 million in funding from Norwest Venture Partners. This brings the company’s total funding to $61 million. With this investment NVP’s Jon Kossow and David Su have joined Manta’s board of directors, which includes previous investors Athenian Venture Partners...
Online Community For Small Businesses Manta Raises $44M From Norwest Venture Partners

PayPal Debuts Tiered Suite Of Online, Offline And Mobile Payments Options For Small Businesses

techcrunch.com
As we heard over the past few months, PayPal is ramping up its payments options for large and small merchants. The payments giant debuted an in-store payments platform for large retailers; PayPal Here, a card swiper that attaches to a mobile phone for small businesses; and hinted at a brand...
PayPal Debuts Tiered Suite Of Online, Offline And Mobile Payments Options For Small Businesses
PayPal debuts in bars, restaurants with TabbedOut integration

Microsoft 'Shopping assistant' patent could help you find Elmo, more time for the kids

www.engadget.com
Microsoft's just been granted a patent entitled "Shopping assistant." The claims indicate a system that generates a route to a product based on user-defined criteria (i.e. quickest, cheapest, shortest distance,) it also indicates that certain real-time conditions from participating merchants, such as stock levels, could also help determine the...
Microsoft 'Shopping assistant' patent could help you find Elmo, more time for the kids

Groupon acquires ecommerce ‘big data’ startup Adku

venturebeat.com
Group deals company Groupon has acquired e-commerce data firm Adku for an undisclosed price, the startup announced today. Adku provides a service that attempts to optimize a person’s shopping experience on sites like Zappos, eBay, and Amazon by using various data about each shopper. The service uses signals like location,...
Groupon acquires ecommerce ‘big data’ startup Adku

Yelp now lets local business owners sell gift certificates through their profile page

thenextweb.com
Yelp has announced its latest product feature for small business owners…gift certificates. This launch follows on from Yelp Deals which officially launched last summer, after a testing phase which kicked off the previous August. This latest roll-out means that companies can now sell gift certificates direct to customers via their...
Yelp now lets local business owners sell gift certificates through their profile page

Payments Network Takes On Google

online.wsj.com
More than a dozen big merchants are expected to announce their plans to jointly develop a mobile-payments network that would battle similar services from Google....
Payments Network Takes On Google
Loyalty Service Swipely Adds Analytics And Targeted Campaigns

Square addresses #1 request: separate log-ins for multiple workers

gigaom.com
Square, the mobile payment wunder-startup, is quietly growing up, adding new features that make it more appealing to bigger businesses and existing customers who are growing quickly. On Wednesday the company is taking on its most requested feature: unique log-ins for multiple workers. Previously, Square enabled just one log-in for...
Square addresses #1 request: separate log-ins for multiple workers

Amazon and Etsy are two of the most popular sources of content on Pinterest. Time to monetize?

thenextweb.com
Zoomsphere, a social media statistics tool, is now giving users a little bit of insight into the most popular sources of content on Pinterest. Vying for the number one spot are Google and Etsy. At the time of writing this, Google is in the number one spot for daily pins, but that...
Amazon and Etsy are two of the most popular sources of content on Pinterest. Time to monetize?

Fancy doubles its user base to 500k in two months, launches an Android app

thenextweb.com
Since launching its commerce platform in February, Fancy has gone on to double its user base to 500,000. A lot of signups is all good and well, but what really counts is how often engaged those users are. While Fancy itself wants to veer away from the Pinterest comparison, it’s...
Fancy doubles its user base to 500k in two months, launches an Android app

Square's feeling good, on pace to take $5 billion in payments per year

www.engadget.com
Despite growing competition from PayPal, Intuit and Verifone, it appears that Square's business is still going gangbusters. The grandaddy of all smartphone payment systems is set to take $5 billion in payments this year, up from $2 billion a scant six months ago. According to company COO Keith Rabois,...
Square's feeling good, on pace to take $5 billion in payments per year

Groupon Promising Merchants "Lowest Cost" Payments Service (And It's Using an iPhone)

allthingsd.com
Groupon is rolling out a new payments service today, which it hopes will create new reasons for merchants to continue using the Chicago daily deal provider. In an interview, Mihir Shah, Groupon’s VP of Mobile and Merchant Products, confirmed to AllThingsD that Groupon Payments is available starting today in the U.S....
Groupon Promising Merchants "Lowest Cost" Payments Service (And It's Using an iPhone)

Foursquare Plans To Join Local Coupons Game

www.fastcompany.com
News updates all day from your Fast Company editors.Foursquare CEO and cofounder Dennis Crowley has revealed that his company has serious monetization plans that center on personalized local offers--a transformation for the company from its usual "check-in" game model. Merchants will be able to buy promotions the give users access...
Foursquare Plans To Join Local Coupons Game

Foursquare Launches $10 Instant Verification Service For Businesses

techcrunch.com
Foursquare is enhancing its feature set for businesses today, with the introduction of a new verification service for merchants. The company says that for a one-time, $10 fee, owners and managers will now be able to instantly verify their business in order to start using Foursquare’s business tools, which include...
Foursquare Launches $10 Instant Verification Service For Businesses

REVEALED: Foursquare's Big Money-Making Plans

www.businessinsider.com
Foursquare is about to start trying to make big money. The plan: allow merchants to create coupons for the people who "check-in" to their business locations. In a Q&A with the Wall Street Journal's Spencer Ante, Foursquare CEO Dennis Crowley says the idea is that merchants will use their Foursquare...
REVEALED: Foursquare's Big Money-Making Plans

SCVNGR raises $12m from Google, others, to boost mobile payment product LevelUp

thenextweb.com
SCVNGR, the Boston-based company behind the location-based mobile game with the same name, has raised $12 million in funding for its other venture, mobile payments platform LevelUp. Part of a larger fundraising round, the investment comes from prior backers Google Ventures, Highland Capital and Balderton Capital with participation from new...
SCVNGR raises $12m from Google, others, to boost mobile payment product LevelUp

Google Catalogs makes web-based catalog browsing a reality

www.engadget.com
For folks who prefer to get their retail therapy in digital form, Google Catalogs is a godsend. In case you forgot, it's an aggregation portal with digital catalogs from myriad merchants that lets you browse retailer wares without killing trees and now it's available on the web. When Catalogs...
Google Catalogs makes web-based catalog browsing a reality
× Just a test of the new info bar. What do you think?