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Merchants Gone Wild: The Surcharge Edition

PYMNTS

Yes, I know that for many of you, especially in California, this is old news and standard operating procedure – but hear me out. The card networks left it up to the states to decide whether or not to allow its operating merchants to do so. Innovation by Any Other Name. Surcharging has been permitted Down Under since 2003.

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The Printed Holiday Toy Catalog Makes A Surprising Return

PYMNTS

which had the innovative idea in 1848 that people might want a way to purchase mail-order jewelry. He was the first in a long time of innovators who realized that taking out the middleman and selling direct to consumer (D2C) allowed him to undercut stores on price. million, the brand’s biggest quarterly sales since 2003.

Retail 171
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The Evolution Of eBay’s Global Payments Strategy

PYMNTS

PYMNTS recently spoke with Keala Gaines , eBay’s head of global payments services, to understand how the platform’s payments strategy has changed over the years as well as to understand the role payments has played in helping it grow from a small operation to serving business and consumers across 100 countries with 27 international sites. “I

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The Coming Clash Of The Commerce Titans

PYMNTS

True or false: Thanks to mobile devices and apps, American consumers spend more time today shopping than they did in 2003. In 2003, the Bureau of Labor Statistics reported that American consumers spent roughly 48 minutes a day shopping offline and online. The virtuous circle of commerce online began.

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SafetyPay Launches in Belgium

Fintech Labs Insights

Online payment solution SafetyPay began operations in its 21st country this week. The Florida-based company now operates in Belgium, expanding its global footprint which covers the U.S., For SafetyPay, expanding operations in Europe fulfills one of the company’s strategic objectives.

Florida 12
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Fools Rush In: 37 Of The Worst Corporate M&A Flops

CB Insights

The Sad State of Corporate Innovation. See how corporates are failing when it comes to innovation. Download the free 31-page State of Innovation report. While Google excelled in building software, it lagged behind in hardware and product innovation. Date: March 20, 2003. Microsoft and Nokia. Date: April 25, 2014.

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Foot In Mouth: 43 Quotes From Big Corporate Execs Who Laughed Off Disruption When It Hit

CB Insights

Perhaps the most glaring example of the tendency to dismiss innovative new players was when Apple’s iPhone hit the market in 2007. Innovation Summit: (N+1) Trends. PillPack allows users to buy medications online in pre-made doses. ” Innovation Summit: (N+1) Trends. The iPhone and iPod. We have ‘I’.

Bitcoin 78