Merchant Account Alerts

Facebook To Begin Testing Of Ecommerce Platform !!!

Rumors began last year about Facebook jumping into the online payment arena. With PayPal being the first kid on the block and then Google Checkout moving into the neighborhood a couple of years ago, one must ask is this market getting saturated ??? We’ll Facebook has a reported 150 Million users [...]

American Express Confirms Trend In Spending
American Express reported their Q4 Earnings last Monday, confirming downward trend in consumer spending and decrease in credit card spending, repoted last week in the blog. Amex reported that their overall cardholder spending declined 10%, year over year. The 4th Quater was the worst with a 15% decline in average cardholder [...]

I’ve been expecting Paypal to take a shot at acquiring a buy-now-pay-later service provider, and Paypal just announced they are making a move to acquire Bill Me Later. Paypal’s definitely been missing out on a huge market that Bill Me Later owns. Bill Me Later’s only major competitor is a company called eBillMe.
While I [...]