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  • / Technology

    Flooz finalizes its shut down amid problems with fraud

    Online gift currency company Flooz shuts down after merger talks come up empty. The company also says getting hit with $300,000 of online credit card fraud sped it demise.

    Posted 08/28/2001Kurt PetersPost a comment

    Online gift currency company Flooz shuts down after merger talks come up empty. The company also says getting hit with $300,000 of online credit card fraud sped it demise.

  • / Technology

    Beenz.com gets baked

    Online currency company beenz will close after Aug. 25, the company announced only days after high-profile Flooz.com closed. Accountholders will lose all their beenz value after that date.

    Posted 08/17/2001Kurt PetersPost a comment

    Online currency company beenz will close after Aug. 25, the company announced only days after high-profile Flooz.com closed. Accountholders will lose all their beenz value after that date.

  • / Technology

    Flooz comes up flat-footed

    Online currency Flooz.com, which had recruited actress/comedian Whoopi Goldberg as a spokesperson, has suspended operations.

    Posted 08/14/2001Kurt PetersPost a comment

    Online currency Flooz.com, which had recruited actress/comedian Whoopi Goldberg as a spokesperson, has suspended operations.

  • Flooz goes flat-footed

    Flooz.com, the online currency site, has suspended operations. (See follow-up story, 8/28/01 on internetretailer.com or click here.)

    Posted 08/30/2001Internet RetailerPost a comment

    Flooz.com, the online currency site, has suspended operations. (See follow-up story, 8/28/01 on internetretailer.com or click here.)

  • With 140 merchants and 1 million users, Flooz, the online currency is delivering buyers to stores

    In the early days of general-purpose credit cards, the pitch to merchants was: We’ll bring you new customers with more money to spend. It’s a pitch that still works. In most real-world retailing venues, purchases by credit card users are higher than cash or check. Now Flooz, creator of an online currency, is making the same pitch to online merchants. Accept Flooz and we’ll bring you a base of consumers who will be more likely to buy than other...

    Posted 01/31/2001Don DavisPost a comment

    In the early days of general-purpose credit cards, the pitch to merchants was: We’ll bring you new customers with more money to spend. It’s a pitch that still works. In most real-world retailing venues, purchases by credit card users are higher than cash or check. Now Flooz, creator of an…

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