PaymentsBuzz Watch: World of Warcraft VISA Credit CardAuthored by Jay Baage on May 8, 2007 - 10:04am.
Blizzard Entertainment, the California-based game developer and publisher, has struck a deal with First National Bank to release a World of Warcraft Visa card. Much like credit cards that offer frequent flyer miles for each dollar's worth of purchases, the new WOW Visa card will give players of the MMORPG free play time for their consumption with the card.
tags: Marketing | Payments | Sony | World of Warcraft | Blizzard Entertainment | Visa | Virtual Worlds |
Analysis: Google Checkout - US Take-Up and UK LaunchAuthored by Heather Hopkins on May 4, 2007 - 11:51am.
MuchMusic Prepaid MasterCard Launched in CanadaAuthored by Jay Baage on March 13, 2007 - 9:16am.
Obopay Debuts Mobile Payments Service for Kids Under 18Authored by Mark Hefflinger on February 20, 2007 - 4:58pm.
Redwood City, Calif. - Obopay, a provider of mobile payments technology, announced on Tuesday the launch of a new Sponsored Accounts service that lets children under 18 send and receive money using their mobile phones. Parents can provide funds to an Obopay account linked to their childrens' mobile phones, while retaining the ability to track and control the account -- which can be used for online purchases or to provide emergency funds. Payments Firm Neteller Blames Layoffs on U.S. 'Net Gambling BanAuthored by Mark Hefflinger on February 20, 2007 - 2:25pm.
London - Neteller, a U.K.-based provider of online payment processing services, announced that it will lay off 250 employees in Canada and the U.K., citing the recent U.S. crackdown on Internet gambling sites and related services, Silicon.com reported. Google Base and Google Checkout Traffic AnalysisAuthored by Hitwise on February 9, 2007 - 7:35am.
The following is a blog entry from LeeAnn Prescott at Hitwise: This week it was reported in the Wall Street Journal that MySpace-Google negotiations hit a roadblock due to MySpace plans to partner with eBay for commerce. Google has its own online commerce ambitions with is relatively new services, Google Base and Google Checkout. But how have those sites been faring since last summer?
Online Payments Provider Bitpass to Shut DownAuthored by Mark Hefflinger on January 22, 2007 - 9:36am.
San Mateo, Calif. - Bitpass, a four-year-old provider of online payment processing services, has announced that it is discontinuing operations, due to "circumstances beyond our control," CEO Matthew Graves wrote in an e-mail to customers. tags: Internet | Online Publishing | Payments | Career | Commerce | Closings | Digital River | BitPass | Shutdowns |
European E-Payments Firm ClickandBuy Gets Funds From Intel CapitalAuthored by Mark Hefflinger on January 18, 2007 - 11:23am.
Google Checkout Update - Visits up 158% Last WeekAuthored by Jay Baage on November 28, 2006 - 8:55am.
The following is a blog entry from LeeAnn Prescott at Hitwise: Here's a quick update on Google Checkout, which I posted about last week. The market share of visits to Google Checkout was up 158% for the week ending 11/25/06 versus the week ending 11/18/06. ToysRus, which is showing the $10 off $30 purchase offer on the home page, was the leading site sending traffic to Google Checkout, accounting for 24% of its upstream visits for the week ending 11/25/06. Google is making a huge effort to sign up users during the busiest online shopping period of the year, and the $10 off $30 purchase appears to be working. While it still has a long way to go to catch Paypal in terms of visits, Paypal's lead was cut in half in just one week: last week I reported that Paypal's market share was 96X Google Checkout for the week ending 11/18/06 - this week Paypal was 38X Google Checkout in terms of market share.
tags: Internet | Payments | Metrics | Commerce | Retail | Shopping | HitWise | Google Checkout | LeeAnn Prescott |
Ticketmaster Introduces Gift Card ProgramAuthored by Mark Hefflinger on November 20, 2006 - 6:49pm.
West Hollywood, Calif. - Ticketmaster on Monday introduced a new Gift Card program, which will allow consumers and corporate buyers to purchase gift cards redeemable for tickets to various participating events. The gift cards will be available in denominations ranging from $25 to $250 and will have no expiration date.
New Legislation Sparks Sharp Drop in Visits to Online Gambling SitesAuthored by Mark Hefflinger on November 13, 2006 - 2:29pm.
Reston, Va. - Legislation passed by Congress in early October sparked a sharp drop in traffic to online gambling sites last month, according to new figures from comScore Media Metrix. The firm said that visits to the sites dropped 27%.
Electronic Arts to Launch Retooled Online Game Distribution ServiceAuthored by Mark Hefflinger on November 2, 2006 - 2:14pm.
San Jose, Calif. - Video game publisher Electronic Arts has redesigned its online game download service, the Associated Press reported. The old EA Downloader service will be replaced by EA Link, which will initially offer a selection of 16 PC games for download, with new PC titles from EA to be added day and date with their release on disc in retail stores.
Russian Download Store AllofMP3 Reacts to Visa, MasterCard BansAuthored by Mark Hefflinger on October 20, 2006 - 2:12pm.
Moscow - Reacting to the blow that came as two major credit card companies halted payment processing for its controversial music download store, Russia-based AllofMP3.com called the actions "arbitrary, capricious and discriminatory," adding that it may seek legal recourse to reverse the decisions. The site sells albums for about $2 each, and claims to be legal under Russian law and hold a valid license from a Russian copyrights society. This week, both Visa and MasterCard ceased processing payments for the site.
Weekend Read: Bono’s (RED) Shopping Campaign Makes Money Instead of Taking MoneyAuthored by Jay Baage on October 20, 2006 - 11:34am.
Bono’s (RED) campaign is simply genius. It is really not about charity or corporate social responsibility, as much as it is about the joy of shopping and increased profits. And that is a good thing. The (RED) campaign manages a way to incorporate charity in everyday life that it as simple as it is effective. The campaign is marketing 2.0.
Digital Data Exchange Establishes New Standards for Digital Music SalesAuthored by Mark Hefflinger on October 19, 2006 - 3:18pm.
New York - The Digital Data Exchange (DDEX), a consortium of record labels, music rights societies and digital service providers working to develop data exchange standards for the sale of digital music, has announced the establishment of its first four standards on information sharing and transaction processing for digital music.
Visa Cuts Off Payments to Russian Music Download Site AllofMP3.comAuthored by Mark Hefflinger on October 18, 2006 - 1:52pm.
San Francisco - Adding teeth to recent calls from the U.S. Trade Representative to shut down what the U.S. calls an illegal music download service, credit card company Visa announced on Wednesday that it has stopped processing payments to Russian music site AllofMP3.com, the International Herald Tribune reported. "It's no longer permitted to accept Visa cards," Simon Barker, a Visa International spokesman told CNET News.com. "The action we've taken is in line with legislation passed in Russia and international copyright law." AllofMP3.com sells digital albums for about $2 each -- far less than the $9.99 standard at iTunes and other retailers -- and has maintained that its site is licensed by a Russian copyrights society and conforms to Russian laws.
Online Payments Service iKobo Raises $4 Million in Third RoundAuthored by Mark Hefflinger on October 18, 2006 - 1:32pm.
Atlanta - iKobo, the provider of a "person to person" online money transfer service, has raised $4 million in its third round of venture capital, led by Greenhill SAVP. Other investors in the deal include Total Technology Ventures and Council Ventures. Atlanta-based iKobo allows customers to send money online to about 145 countries. The recipient is sent a re-loadable Visa debit card which they can use to access money at ATMs or sales terminals.
PayPal Begins Accepting 10 New World CurrenciesAuthored by Mark Hefflinger on October 12, 2006 - 12:45pm.
San Jose, Calif. - PayPal, the online payments arm of eBay, said on Thursday that it is now accepting payments in 10 new currencies, allowing customers to send, receive and hold funds in a total of 17 currencies worldwide. New currencies include the Czech Koruna, Danish Krone, Hong Kong Dollar, Hungarian Forint, New Zealand Dollar, Norwegian Krone, Polish Zloty, Singapore Dollar, Swedish Krona and Swiss Franc. San Jose-based PayPal also announced that residents in 48 new markets can now use PayPal in their local markets to send money online.
Snocap Taps Javien to Power Online Sales for Digital Music StoresAuthored by Mark Hefflinger on October 4, 2006 - 12:38pm.
Los Angeles - Javien Digital Payment Solutions, a provider of e-commerce management services, announced on Wednesday at Digital Media Wire's Digital Music Forum event that it has been tapped to power online sales for Snocap, the digital music registry and distribution firm founded by Napster creator Shawn Fanning. Under the deal, Virginia-based Javien will power the sales for Snocap's artist stores, including those created as part of Snocap's recent deal with social networking site MySpace.
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