Social Commerce

International
The Weird Week In Payments
November 15, 2014

“When the going gets tough, the weird go pro.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form,...

International
Beacon Obstacles Starting To Melt
November 10, 2014

Beacon executives at the ad:tech New York conference claim that nearly five million beacons will be deployed over the next five years.  The execs did acknowledge that beacon adoption has been slower in the U.S. than in other geographies, but expect to see those difference...

International
“Uber” Of Long Distance Travel – Tripda – Making U.S. Debut
November 10, 2014

It seems soon Greyhound buses and Amtrak trains could soon know the world of hurt that ride-sharing has already brough to the world’s taxi operators.  Instead of offering a taxi service like Uber or Lyft, Tripda matches passengers and drivers (who are already planning travel)...

Q3 Results Highlight Groupon’s Growing Pains
October 31, 2014

Q3 shaped up to be a tough quarter for Groupon – the online discount merchant turned e-retailer suffered  a loss of $21.2 million, or 3 cents a share, compared with a year-earlier loss of $2.6 million.  Revenues, however, were on the upswing – Groupon saw  revenue...

Mobile
Facebook Won’t Be Getting Into Payments On Its Own
October 29, 2014

Facebook CEO Mark Zuckerberg laid out his company’s three, five and 10-year-plans Tuesday (Oct. 28), and none of those plans involved Facebook launching its own payments engine. But that doesn’t rule out Facebook choosing to have a major influence, as Zuckerberg said the massive social operation...

Controversial
What Only The “Almost Famous” Know About Payments
October 20, 2014

Nobody in the real world likes failure.  When new business ventures are launching, entrepreneurs talk about the great and potent success they plan to enjoy, not the many valuable lessons they will learn in the wake their inevitable failure – a reality is that 99.99...

News
French Tweets To Now Send Money
October 13, 2014

France can now lay claim to an early social media person-to-person money transfer achievement, as French Twitter users can now Tweet cash to followers. A division of Groupe BPCS (France’s second-largest banking group) called S-money partnered with Twitter to make the move for anyone with...

Cool
What’s Wrong With Social Commerce
September 30, 2014

A Harris poll has found that barely 5 percent of adult shoppers (they didn’t examine younger than 18-year-old behavior) have made a purchase on social networks. This is the context of Twitter preparing a major push for social shopping via its Buy Button. Get the...

Merchant Innovation
Stripe Supports Facebook’s “Buy” Button
September 29, 2014

In a move that could help solidify its status as the go-to payments power behind social media’s expansion into e-commerce, Stripe has been named Facebook’s partner in developing it’s “buy” button. Get the Full Story Complete the form to unlock this article and enjoy unlimited...