Recent Posts In Commerce

PayPal’s Plans for Taking on Visa and MasterCard at the Cash Register

PayPal is hosting an event at its San Jose headquarters this morning to announce the next batch of retailers that are adopting the company’s in-store payments solution.
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TrialPay Bulks Up Its Executive Team, Opens Office in Berlin

TrialPay plans to announce today that it is opening a European office in Berlin and adding three new executives to its management team. Managing Director of Europe Rob Schneider, formerly of Zanox, will head up the new office, while Jim Gerber, formerly of Google, will join the company’s offices in Mountain View, Calif., where he will be SVP of sales and partnerships. Lastly, Chris Davis, former SVP of Gaia Interactive, will become VP of Brand Sales. TrialPay helps online companies boost revenues by placing offers at the point of checkout.

Scoutmob Attracts Investors and Partners by Saying It’s Not a Daily Deals Company

Scoutmob was able to attract $3.25 million in new funding and a major new payments partner by pitching itself as a mobile company and not as a fledgling competitor in the daily deals space.
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Ahead of Big Retail Push, PayPal Inks Deals With Top Hardware Vendors

Paypal is announcing that it has secured partnerships with three of the top point-of-sales providers, giving it access to nearly 40 million terminals worldwide.
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Mohr Davidow Leads $25 Million Investment in Zebit’s Consumer Credit Platform

San Diego-based Zebit has raised $25 million in a fourth round of funding to grow its platform, which enables retailers to assess the risk of selling items to an individual consumer on credit. Mohr Davidow Ventures led the round, with Crosslink Capital, Leapfrog Ventures and QED Investors also participating. To date, Zebit says it has completed more than a million transactions.

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Vend Rings Up $2 Million for Point-of-Sale Technology

Vend, a start-up with offices in San Francisco and New Zealand, has raised $2 million to develop point-of-sale software that runs on any device, including iPads and legacy hardware found at the register. The round was led by Point Nine Capital in Europe. Vend, which has raised $3 million to date, says it has signed up 11,000 users in 80 countries and is processing one million transactions a month.

Despite Bumpy Launch, Activision Sells 3.5 Million Copies of Diablo III in 24 Hours

Activision is claiming to have sold 3.5 million copies of Diablo III in its first 24 hours, setting a record for the fastest-selling PC game ever.
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Target Taps Shopkick for a Mobile Rewards Program

Another big-name retail partnership for Palo Alto-based Shopkick, which enables consumers to earn gift cards for visiting stores and scanning products with their mobile phones. As of today, Target becomes Shopkick’s largest customer, following rollouts by retailers including American Eagle Outfitters, Best Buy, Crate & Barrel and Macy’s.

Privacy Experts Weigh In on Whether There Is a Cure for “Creepy” (Video)

The Internet is full of identity thieves, stalkers and people generally trying to take advantage of you. In other words, it can be creepy.
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Facebook Casino Game Launches, Backed by Myspace’s Tom Anderson and Reality-TV Star Brody Jenner

RocketFrog is the latest company to bet on casino-style games on Facebook as online gambling becomes more of a reality.
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