Visa have shown off their new card built to combat online shopping fraud. The card, to be tested in Britain next year has a 12 button Keypad and display powered by a battery which should last 3 years.
Card holders will be required to key in their pin every time they make a purchase online. A security code is then sent to the card which appears on the display which then needs to be typed into the website.
Remember SeenOn? The shop-what-you-see-on-TV online retailer is still here... And their cool "Shopisode" feature is still running. SeenOn enables shoppers to shop the outfits showcased in US TV shows by checking out excerpts of aforementioned shows. The videos are 'chapterized' by product appearance.
Check it out for yourself, embed below:
And a screenshot:
Check out the official Google/Publicis Groupe press release here.
Amazon this week unveiled two payment services, Checkout by Amazon and Amazon Simple Pay, which enable other e-retailers to process payments through Amazon. Checkout by Amazon includes some features, such as shipping and tax calculation and order management services, which Amazon Simple Pay does not. Amazon has been testing the payments services since last summer.
[...]
The biggest draw of these new payment services will be the 81 million consumers already familiar with checking out on Amazon. This is likely to attract small and mid-sized retailers, but bigger players will stay away because they view Amazon as a competitor.
Another concern for all retailers considering the service, is that Amazon will use the data it collects about what’s selling to enhance its own product offerings. An Amazon spokesman replies, "We simply plan to use the data to improve the service for our merchant customers."
InternetRetailer.com - Daily News for Wednesday, July 30, 2008
Drugstore.com, will use E4X’s FiftyOne Global Ecommerce Solution to expand sales internationally. Drugstore.com expects to sell in 34 countries before year's end.
“International shoppers are streaming to U.S. e-commerce web sites to buy virtually all categories of consumer products, and for good reason,” says Michael DeSimone, CEO, E4X. “The low U.S. dollar means they’re going to save significantly—as much as 40% in some instances—even when shipping costs, import tariffs, and taxes are included.”
InternetRetailer.com - Daily News for Tuesday, July 29, 2008
Visits to online coupon sites increased 56% year-over-year for the week ending June 6, with Coupons.com receiving the largest market share at 29%, according to Hitwise. Coupon Mountain and Eversave accounted for 14% and 16% of visits, respectively, during the same period.
Also for the week ending June 6, U.S. visits to comparison shopping sites increased 51% year-over-year, while U.S. visits to discount retailers increased 25% and to traditional department stores increased 15%, Hitwise says.
InternetRetailer.com - Daily News for Wednesday, July 9, 2008
So, it is official - there is no bubble in public Internet stocks... According to ReadWriteWeb. There might be in private valuations, but that is almost impossible to analyze accurately without access to hard data on late stage VC valuations.
ReadWriteWeb analyzes the financials of the 7 publicly traded Internet Big Cos and of the "middle 20" (publicly traded web technology stocks with a market cap over $1 billion), here's the wrap-up:
It's Official: There Is No Bubble - ReadWriteWeb
My blog is now available on your phone (there's a classic mobile phone version and a cooler iPhone version). It's here: http://m.michaelslevy.com, bookmark it!
Courtesy of Mofuse.
Here's a little preview:
