/ Technology

Network Solutions reacts to security breach on up to 570,000 accounts

Card account data may have been stolen from 4,300 online retailer clients of Network Solutions, a provider of web site technology and services, including address registration and e-commerce applications.

Posted 07/27/2009Katie DeatschPost a comment

/ Marketing

U.K.-based payments services provider enters the North American market

YESpay, a provider of PCI-compliant payment processing services for online and multichannel retailers, recently opened an office in Toronto to serve merchants in North America. Among its services are support for computer chip-based smart cards.

Posted 07/09/2009Paul DemeryPost a comment

/ Technology

Shoppers will buy online more if account data isn’t shared with retailers

Many online shoppers are still concerned about security of their payment card information, but a new study shows that there’s a way e-retailers can help them conquer that fear through direct payments from bank accounts.

Posted 07/09/2009Paul DemeryPost a comment

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Responding to credit card law, eBillme gives those under 21 a way to pay

The eBillme payment service has added a new feature enabling young shoppers to pay for web purchases through their online bank accounts, or to forward a bill to their parents.

Posted 05/28/2009Katie DeatschPost a comment

/ Marketing

Recession-proofing tip: Accepting European payments can boost sales 70%

Letting European shoppers pay online through their preferred methods can boost overseas sales an average of 20% to 30%, CyberSource Corp. advises in its 2009 Project Guide for e-payment management.

Posted 04/23/2009Paul DemeryPost a comment

/ Technology

Google Checkout raises its rates and drops discount for AdWords advertisers

The new rate tiered structure, identical to PayPal’s, offers lower rates to e-retailers that process large volumes. Google is eliminating the tie-in with AdWords, which offered $1 in free processing for every $10 in AdWords spend.

Posted 03/31/2009Katie DeatschPost a comment

/ Technology

Consumers worried about data theft are shopping less online, Gartner says

39% of consumers surveyed say they have changed their behavior because they are worried that their personal data may be stolen, and most of those concerned consumers are cutting back on online shopping, Gartner says.

Posted 03/06/2009Katie DeatschPost a comment

/ Technology

Furniture e-retailer adds store card with no-interest financing

Nebraska Furniture Mart for years has offered store customers a retailer-branded credit card with interest-free financing. Now, when many consumers are having trouble getting credit, the retailer is bringing that store card option to its retail site.

Posted 01/27/2009Katie DeatschPost a comment

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/ Technology

Amazon.com drops Bill Me Later, which is forging ahead with PayPal

Amazon.com’s move comes after competitor eBay bought Bill Me Later in October to complement its PayPal alternative payment service. But there’s more to Amazon.com’s move than meets the eye, some experts say.

Posted 01/08/2009Paul DemeryPost a comment

/ Technology

Former Visa exec joins online payment provider

Paymo, a service that allows consumers to buy online and pay via their mobile phones, has hired Jon Prideaux as senior advisor. Prideaux will be responsible for helping the company develop a global standard for payments made through mobile accounts.

Posted 01/05/2009Katie DeatschPost a comment