Bitcoins burning a hole in your pocket? Try ordering some takeout
Online food delivery and takeout portal Foodler is now accepting Bitcoin alongside credit cards and cash-on-delivery for orders from more than 17,000 restaurants. Read more »
PayPal revamps developer program with new iOS SDK, retooled APIs
photo: PayPal
PayPal acknowledges that its developer program hasn’t exactly wowed web developers and app makers in the past. But the company plans to make amends at SXSW. Read more »
Shopping everywhere: Ribbon turns the entire web into a store
photo: Ribbon
Ribbon, an AngelPad graduate, is coming out of stealth with a commerce tool that lets people sell anything through a link. While it sounds like Gumroad and others, Ribbon is hoping to stand out through its ability to give a different experience on popular social platforms. Read more »
PayPal offers small businesses simple Bill Me Later financing option
photo: PayPal
PayPal is enabling small and medium-sized merchants to offer Bill Me Later as a financing option for online transactions. Consumers can get no-interest financing for six months on purchases of $99 or more. The move should help small businesses by increasing order sizes and conversions. Read more »
Stripe accelerates payment acceptance with Stripe Connect
photo: Stripe
Online payment provider Stripe is enabling website creators, marketplace owners and other businesses to offer Stripe to its merchants and customers, giving them a fast path to credit card acceptance with Stripe Connect. Companies like Shopify, Skillshare, Reddit and others among the first customers. Read more »
Stripe begins global payment quest with Canada expansion
photo: Stripe
Online payment startup Stripe is expanding to Canada after debuting in the US last year as a simple tool for developers who want to take payments. The expansion is the first step in a plan to go global and enable payments anywhere on the Internet. Read more »
WePay makes taking payments copy-and-paste simple
photo: WePay
Accepting payments online just got easier with WePay, which is offering simple payment buttons that can be installed on a website with online of code. That gives individuals and small merchants an easy way to get a business up and running online. Read more »
Is hot payment startup Stripe worth half a billion?
Stripe, which launched its service less than ten months ago, is now valued at hundreds of millions of dollars after a new funding round of $20 million. The company has built a big following with its simple payment platform that lets developers easily add payment services. Read more »
PayPal reorganizes to get simpler, more mobile
PayPal is undertaking a big reorganization that simplifies the company’s structure around a mobile theme. It’s part of a larger effort to build a more unified experience for customers that is easier to use across the company’s different access points. Read more »
Card scanner Jumio raises $3.3M from Citi Ventures
Jumio, an online payment and image recognition company from Jajah founder Daniel Mattes, has pulled in a strategic $3.3 million investment from Citi Ventures, just a couple months after raising a $25 million round from Andreessen Horowitz. Read more »
Visa’s V.me digital wallet set to debut this fall in Europe
V.me, Visa’s digital wallet competitor to PayPal, is scheduled to debut this fall in the UK, France and Spain. It will be an online payment service at first but the bigger plan is to make it an in-store tool for transactions using NFC. Read more »
Wal-Mart takes cash for online purchases
For many people without a credit or debit card, it has been hard to make online purchases from Walmart.com. Now, the retailer is taking a big step to address this audience by accepting cash payments for online goods, letting people come into the stores to pay. Read more »
Braintree quietly making sure startups get paid
Rovio, Uber, Fab.com, Airbnb share a common thread: their payments are powered by Braintree, which has become a force in the online commerce world. The company is now processing $4 billion annually and is on pace to break $1 billion for mobile in the next month. Read more »
PayPal poised to unveil redesigned digital wallet at SXSW
PayPal hasn’t done much to overhaul the consumer experience of its digital wallet. But the company is poised to launch a redesigned experience, which it will provide a sneak preview of next week at South by Southwest in advance of a big launch this summer. Read more »
Subscriber Content
Law of large numbers: the issue behind Facebook’s IPO
With close to a billion active users, Facebook is already the world’s largest social network, and it is already generating billions from advertising directed at those users. So the bottom line for investors and analysts is, Can this company really get any bigger? Read more at GigaOM Pro »
Jumio says use your webcam to swipe credit cards
Jumio, a secretive online-payments startup created by Jajah founder Daniel Mattes, is finally ready for its close-up. And it’s a fitting metaphor, because Jumio is enabling online credit card payments made by scanning a card with a computer webcam. Read more »
Paper Trail Links Mac Scareware to Russian Payment Processor
The Mac malware threat posed by Mac Defender and its variants recently got worse, thanks to a new version called MacGuard, but now there’s also firm evidence pointing to the source of the ongoing scareware threat, thanks to information security blogger Brian Krebs. Read more »
Facebook Credits: Virtual Goods Are Just the Beginning
Facebook is ready to go big with its Facebook Credits virtual currency and is announcing that all application developers will have to use the credits starting July 1. Facebook Credits could prove to be a major revenue source for the social network as it expands. Read more »
Why Is PayPal Still So Hard to Find on Mobile Devices?
Seven months isn’t a long time for most companies, but it’s practically an era in itself on the hyperkinetic mobile web. One thing that hasn’t changed in the last seven month is PayPal’s visibility on smartphones — it’s there, but it’s hard to find. Read more »
