First came PayPal Inc., then Google Inc.'s Checkout service. Now MODASolutions, an Ottawa-based company that lets consumers pay e-retailers as if they were paying any other online bill, is offering incentives tied to the holiday-shopping season to promote alternative ways to pay online. But in MODASolutions' case, its SECURE-eBill service …
Read More »Search Results for: holiday
PayPal to Launch Promotion for Express Checkout Merchants
PayPal Inc. will pour as much as $100 million into a new promotional campaign aimed at driving traffic to merchant sites that accept PayPal. The campaign, which kicks off Nov. 23 and includes cash-rebate offers between $10 and $20 as well as free shipping when consumers use PayPal, is entirely …
Read More »Debitman Beefs up Issuer Ranks With Wawa, Promises More to Come
Debitman Card Inc., the PIN-debit alternative network to the major card brands, on Monday signed on another issuer, and one of its top executives says more issuer announcements are coming. Getting retailers to issue as well as accept Debitman has been a major initiative for the San Mateo, Calif.-based company, …
Read More »Eyeing Gift-Card Popularity, the OCC Issues Disclosure Rules
Responding to the rapid build-up in popularity of gift cards, a federal banking regulator has issued guidelines telling banks what information they should disclose?and how they should disclose it?to both the buyers and ultimate users of the prepaid plastic. The new rules, which bear on matters such as expiration dates, …
Read More »PayPal Ends ’05 with a 40% Jump in Traffic As Accounts Boom
Internet payments processor PayPal Inc. saw its transaction volume grow 40% in 2005's fourth quarter over the year-ago period, to 139.7 million transactions, according to figures released yesterday by parent company eBay Inc. The processor's fourth-quarter volume, which included holiday activity, was also up 19% over third-quarter traffic. Dollar volume …
Read More »Online Merchants, Issuers Begin to Respond to SecureCode Incentives
Deep discounts on interchange rates for Internet transactions authenticated through MasterCard International's SecureCode technology are taking effect just as the security system appears to be attracting more issuers and online merchants, according to a vendor of online authentication systems that supports both SecureCode and Visa USA's rival Verified by Visa …
Read More »E-commerce Sites Build Volume, Pass Critical Performance Tests
Both transaction volume and site performance overall gave online merchants reasons to smile in the weekend leading up to “Cyber Monday,” the day experts say is the busiest shopping day of the year online. Merchants appear to have souped up their servers to meet increasing traffic, as well as rising …
Read More »PayPal’s Off-eBay Merchant Efforts Hit Paydirt with Dell Signing
EBay Inc.'s PayPal payment service continued its diversification effort beyond the eBay online auction community this week by adding computer giant Dell Inc. to its growing fold of mainstream merchants. PayPal also unveiled an online gift-certificate program for merchants that expands upon an eBay gift-certificate plan launched two years ago. …
Read More »Survey: Popularity Propels Gift Cards into Consumer Mainstream
Some 59% of adults, or an estimated 131 million people?either bought or received a gift card over the year from August 2004 to August 2005, a study released today reveals. In part, this has meant that the electronic stored value cards are gaining popularity as gifts for a more diverse …
Read More »Mother’ Day 2005: It Was More Than Cards And Flowers Online
Mother's Day-related spending on jewelry and chocolates on the Internet drove a 24% increase in e-commerce volume for VeriSign Inc., to $4.4 billion, the Mountain View, Calif.-based transaction gateway for online merchants said today. Transaction volume for the company during the period measured, April 25 through May 8, jumped by …
Read More »