Payment ARCHIVE

TigerDirect Now Accepting Bitcoin  Feb 01, 2014 2:45 PM By MCM Staff

TigerDirect says its the largest retailer to accept Bitcoin, a new form of digital currency, as payment.

Mobile Payments Climb To 19.5% Of Transactions Globally  Jan 30, 2014 2:07 PM By Tim Parry

Adyen sees total mobile growth of 55% year-over-year. Tablets are the preferred device for high value payments. Retail sector sees 36% growth in transaction volume.

Retailers Expand their Commitment to Cybersecurity and Data Privacy  Jan 27, 2014 4:19 PM By MCM Staff

New collaborative initiative builds upon retailers’ existing efforts and reflects deep commitment to protecting consumer data.

UK Merchants Looking to Avoid Repeat of US Data Breaches  Jan 27, 2014 11:37 AM By MCM Staff

Over 400 UK merchants have said that they do not want a repeat of the recent data breaches that have occurred in the US to occur in their country.

SecureState Releases Black POS Malware Scanning Tool  Jan 27, 2014 11:21 AM By MCM Staff

SecureState, a management consulting firm specializing in information security, has developed a custom scanning tool that retailers can use to detect Black POS malware, and other similar strains. Black POS is the reported culprit behind recent retail data breaches, and is also known as KAPTOXA, a more advanced version of the original malware.

Mass Retail Data Breaches Can Now Be Prevented with CertainStore’s MicroEncryption  Jan 27, 2014 11:15 AM By MCM Staff

Former Chairman of the House Intelligence Committee, Rep. Pete Hoekstra, believes that CertainStore can prevent devastating mass data breaches and loss of sensitive customer data.

Ebay See’s 13% Boost in Sales, Knocks Down PayPal Spinoff  Jan 23, 2014 2:11 PM By Erin Lynch

The global marketplace eBay has released its fourth quarter results and not only did it report a 13% increase sales, but it also declined a proposal to spin-off its payment program, PayPal.

A Year in the Life at eBay  Jan 23, 2014 11:13 AM By Erin Lynch

With a 13% growth in revenue in the fourth quarter and 13% for the year, 2013 deemed to be pretty successful for eBay. The marketplace currently has 128 million active users and generated nearly $77 billion in gross merchandise volume in 2013 alone. Here is the play-by-play highlights for the year that is eBay.

Overstock.com Sees $130,000 in Sales with Bitcoin Payment Option  Jan 15, 2014 2:43 PM By Erin Lynch

Overstock.com CEO Patrick M. Byrne took to Twitter to announce that within 24-hours of implementing Bitcoin as a possible payment option, his company received $130,000 in orders paid in the crypto-currency.

Alibaba Bans Bitcoin on all Marketplace Sites  Jan 13, 2014 10:55 AM By Erin Lynch

While Overstock.com announced last week that it has begun accepting Bitcoins as an online payment option, not all merchants are embracing the crypto-currency. The Chinese ecommerce platform Alibaba Group said in a statement that it has banned the controversial payment option from all its Taobao marketplaces.






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