/ Technology

Shoebuy.com implements a new direct-from-bank-account payment method

The e-retailer expects to be live by late April with Moneta, a payment method that aims to build a following among low-risk consumers by partnering with banks.

Posted 03/06/2009Katie DeatschPost a comment

/ Technology

New payment system lets online shoppers pay directly from bank accounts

Mazooma informs the e-retailer immediately whether the consumer has enough funds to cover the purchase. The system is designed to appeal to consumers without available credit, and offers merchants fees that are typically below credit card rates.

Posted 02/10/2009Katie DeatschPost a comment

/ Marketing

Online merchants show strong interest in foreign markets, new study says

With sales in the U.S. slowing for many retailers, many of them are accepting orders from customers in emerging foreign markets including India and China, CyberSource says in a new study.

Posted 01/08/2009Paul DemeryPost a comment

/ Technology

DisneyShopping.com now offers a way to use cash for web purchases

DisneyShopping.com has joined the Coinstar network which provides a way for consumers to convert cash to online currency.

Posted 03/13/2007Kurt PetersPost a comment

/ Technology

Alternative payments reel in new and repeat buyers for aquarium retailer

At BigAlsOnline, MODA Solutions’ Secure eBill option lets consumers who don’t want to use a credit card to buy online pay directly from their online banking account. It now represents 6% of transactions, and 39% of users are new customers.

Posted 02/23/2006Kurt PetersPost a comment

U.S. Bank and SimonDelivers.com strike a marketing deal

Under a marketing agreement launched this week, consumers who open a checking account with online bill payment with U.S. Bank at one of its traditional locations will receive a $30 gift certificate to SimonDelivers.

Posted 02/01/2005Kurt PetersPost a comment

/ Technology

CVV2 code verification support slower to arrive at some banks

Some card-issuing banks still aren’t technologically equipped to validate CVV2 codes in real time. Over the holidays Progressive Distribution found banks unable to process the codes in 10% to 15% of transactions across its customer base.

Posted 01/05/2005Kurt PetersPost a comment

/ Technology

InterCept buys online payments processors iBill and EPX

InterCept Inc., a provider of banking technology products and services for community financial institutions, has agreed to acquire Internet Billing Co., known as iBill and Electronic Payment Exchange.

Posted 03/20/2002Kurt PetersPost a comment