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Noca Stresses Low-Cost ACH Payments for Online Merchants

Noca Inc., which this week launched a beta version of an online-payments product that relies on the automated clearing house network, plans to have a commercial service ready for launch by June, Pankaj Gupta, president and founder of the Mountain View, Calif.-based startup tells Digital Transactions News. One feature the …

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Watch Gen Yers with iPhones to Figure out Next-Gen Payment Plans

This is the fourth installment of a six-part series exploring the impact of Web 2.0 on the payments business. Previous articles have dealt with the transition from the first generation of eCommerce to the emerging world of social networks and highly personalized interactions utilizing Web 2.0 technology. Consumers will be …

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The Challenge Confronting PayPal, Google, And Amazon

This is the third installment of a six-part series on how Web 2.0 developments are likely to transform the payments business. The online marketplace is morphing to payments embedded in top-line oriented-marketing services, and integrated infrastructure where small retailers can share the scale and cost savings of bigger players. Both …

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Mobile-Payments Startup Paymo Aims at Tough Micropayments Market

A mobile-payments startup called Paymo Inc., which launched this week with service in 39 countries, hopes to succeed in what has turned out to be a tough market: micropayments for digital content. The San Francisco-based company has more than 300 merchants approved to accept payments on its platform, says Terry …

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Survey: Consumers Lost $3.2 Billion to Phishing Attacks in 2007

Some 3.6 million U.S. adults were victims of phishing attacks in the 12 months ending in August, losing an average of $886 apiece for an estimated total of $3.2 billion, according to a survey of more than 4,500 online users sponsored by Gartner Inc. Gartner, a technology research firm based …

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Digital Transactions