Latest E-commerce News: Finextra Research

Nintendo to tap Wii U's NFC functionality for contactless payments

Nintendo could soon take advantage of the Wii U's built-in NFC capability to let people make game-related payments by tapping a contactless card against the console's controller.

26 April 2013

News/E-commerce

Payments start-up ZooZ raises $2m

US mobile and online payments start-up ZooZ has raised $2 million in a series a funding round led by XSeed Capital.

23 April 2013

News/E-commerce

PayPal closes UK coffee seller's account over commie Cuban beans

An independent coffee shop in the Yorkshire village of Nether Poppleton recently had its PayPal account shut down after incurring the wrath of the e-commerce giant by stocking beans from communist Cuba.

19 April 2013

News/E-commerce

LG integrates PayPal into Smart TV platform

Electronics giant LG has struck a deal to integrate PayPal into its Smart TV platform, enabling viewers to pay for products and services through their remotes.

11 April 2013

News/E-commerce

Mozilla working on embedded Web payments API for desktop and phones

Mozilla is to introduce an experimental Web API designed to make online payments on the desktop and mobile as easy as the checkout button for merchants.

05 April 2013

News/E-commerce

Italian banks commence roll out of MyBank payment scheme

Nine Italian payment banks have begun the national roll out of the MyBank electronic payment scheme from EBA Clearing, enabling customers to pay for goods and services at online merchants from within their e-banking portals.

25 March 2013

News/E-commerce

Barclays takes the crown at Digital Wallet Foundry

A seven man team from Barclays Bank, using tools from FreedomPay and their own Pingit mobile payments app, emerged with top honours at Microsoft's week long Digital Wallet Foundry hack-a-thon in London.

22 March 2013

News/E-commerce

Chirpify lets users pay with Facebook comments

Chirpify has brought its in-stream commerce system to Facebook, enabling users to transfer money to each other by commenting on news feeds.

20 March 2013

News/E-commerce

PKO Bank Polski prepares for mobile revolution

PKO Bank Polski is betting on the death of cash and cards with a new mobile banking app, combining a full range of payments and money management services.

08 March 2013

News/E-commerce

Stripe begins UK beta trial

American payments start-up Stripe has made its way across the Atlantic, launching a closed UK beta ahead of a wider European rollout.

01 March 2013

News/E-commerce

PayPal co-founder Levchin launches m-commerce firm

PayPal co-founder Max Levchin has launched a mobile money company which aims to make it easier for online shoppers to complete purchases.

27 February 2013

News/E-commerce

MasterCard unveils MasterPass digital payments service

MasterCard has unveiled MasterPass, a digital service that lets customers use any card or enabled handset to shop online and in the real world.

25 February 2013

News/E-commerce

Retail banking IT spend to hit $118.6bn in 2013 according to Ovum

IT spending will grow by 3.4 percent at global retail banks reaching US$118.6bn in 2013. The Ovum Business Trends report also finds that European banks are lagging behind their North American and Asia-Pacific counterparts, with just 1.8 percent growth expected, compared to 3.3 percent and 5.1 percent, respectively.

04 February 2013

News/E-commerce

ECB seeks to improve online payments security

The European Central Bank has outlined plans to improve the security of Internet payments, requiring firms to beef up their customer authentication processes.

31 January 2013

News/E-commerce

US retailers get option to add credit card surcharge

Shoppers in 40 US states could see a surcharge of up to four per cent added to their credit card purchases from this week.

30 January 2013

News/E-commerce

Facebook commerce outfit Payvment shuts down

Social commerce outfit Payvment is shutting down its platform and offloading its 200,000 Facebook merchant customers to rival Ecwid.

28 January 2013

News/E-commerce

Soaring mobile commerce and payments volumes boost eBay

EBay says fourth quarter results beat analysts' forecasts, boosted by a dramatic rise in the use of mobile phones to access its online auction house and PayPal service.

17 January 2013

News/E-commerce

US mobile payments to hit $90bn in 2017 - Forrester

The value of US mobile payments is set to soar over the next few years, from $12.8 billion in 2012 to $90 billion in 2017, according to research house Forrester.

16 January 2013

News/E-commerce

With online spending soaring, Visa Europe targets mobile in 2013

Following the dramatic rise of e-commerce, which now accounts for 20% of all spending on its cards, Visa Europe is turning its attention to the mobile phone, predicting that a third of Europeans will be using its V.me digital wallet by 2020.

15 January 2013

News/E-commerce

Sberbank takes majority stake in Yandex.Money

Russia's Sberbank is to spend $60 million for a majority stake in Yandex.Money, the online payment business of Russian search engine Yandex.

19 December 2012