Ingenious simple is the handling of the new payment system PayPhrase by Amazon. The system is using data already stored within Amazon accounts. To utilize the system users just have to create a phrase. This phrase needs to be submitted during a shopping process. After this the purchase becomes confirmed by a pin. PayPhrase is [...]
BusinessWeek reports about the growing acceptance and installation of virtual currency systems at social media sites, online games and virtual reality worlds. Virtual currencies are a mean to trade virtual goods, which is a market with a volume of several billion dollars as already mentioned formerly. So it is an attractive market and virtual currencies [...]
New data shows a shift in the usage of online payment methods. Credit cards have been used less in the last year according to numbers by Javelin Strategy and Research . Most cited reasons for this shift are costs and security concerns. Alternative payment methods are debit cards and email payments. This is remarkable as [...]
