Alternative payment options boost AOV and bring new customers, Odimo finds

Different alternative payment options can encourage different customers and higher average order values online. Retailers can win by building that knowledge into a strategy, Odimo’s Michael Dell’Arciprete will tell an eTail Conference panel next week.

Posted 02/10/2005Kurt PetersPost a comment

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/ Technology

Credit provider Bill Me Later gets into the private label card business

Online retailers that use I4 Commerce’s Bill Me Later payment services will now be able to offer a proprietary credit program through I4. Ross-Simons is the first retailer to use the service by offering its Ross Simons Preferred Customer Card.

Posted 10/19/2004Kurt PetersPost a comment

/ Technology

I4 Commerce, Retail Decisions sign large retail chains for payment services

Two online services providers have secured contracts with major online retailers. Retail Decisions will provide risk management and fraud prevention services to Finish Line while I4 Commerce has signed Petco on for its Bill Me Later service.

Posted 09/21/2004Kurt PetersPost a comment

/ Technology

More web retailers will check out e-checks

As merchants look for alternatives to credit cards as a way to provide customers with more payment options, e-checks will become a more popular form of online payment, says National Payment Processors Inc. CEO Michael Rees.

Posted 09/09/2004Kurt PetersPost a comment

/ Technology

For some, Bill Me Later merits pre-holiday consideration, says Forrester

With Q4 approaching, the window for implementing new systems is closing for most online retailers. But with a short implementation schedule, the payment alternative could still benefit high end retailers this year, suggests a Forrester report.

Posted 09/09/2004Kurt PetersPost a comment

/ E-Retailers

Ross-Simons boosts average ticket, gains new customers with payment option

Ross-Simons has increased its average order size and acquired new customers since it started offering the Bill Me Later service as a payment option at its web site, the retailer will report at the eTail 2004 conference next week in Palm Springs, CA.

Posted 02/16/2004Kurt PetersPost a comment

/ Technology

I4 Commerce gets $23 million in equity financing

I4 Commerce Inc., provider of payment services for multi-channel retailers, has raised $23 million of additional equity in a financing round led by GRP Partners, the company reported today.

Posted 03/27/2003Kurt PetersPost a comment

/ Technology

Buy.com buys into the Bill Me Later payment option

Buy.com is the largest major general e-retailer to offer shoppers the option of paying through the Bill Me Later service, which saves 20-40% in transaction costs over credit cards, according to I4 Commerce.

Posted 10/28/2002Paul DemeryPost a comment

Survey: Online Payments

With debit card fees about to drop, some e-retailers adjust their payment strategies.

Posted 08/31/2011Thad RueterPost a comment