Credits/Loyalty Solutions
Virtual currencies and credits as well as loyalty points, like Facebook Credits, Nectar Points and Bitcoins, are used to purchase both physical and virtual goods. Loyalty points, in particular, may be transferred across merchants and give preferential prices.
Related Editorial Articles
Amazon launches virtual currency with giveaway
14 May 13
- PaymentEye
- 
Amazon has launched Amazon Coins, its own virtual currency, and has given US Kindle Fire customers 500 coins for free. This is the equivalent of USD5 per customer and amounts to tens of millions of dollars overall. The exchange rate on Amazon Coins is ...
Coinbase pockets USD5m for Bitcoin conversions
08 May 13
- PaymentEye
- 
Online Bitcoin purchasing service Coinbase has raised USD5m in a Series A round led by Union Square Ventures. The San Francisco-based startup’s platform allows users to convert real money into Bitcoins, the virtual currency making waves online, and ...
i2c and Aerocash bring loyalty marketing solution to Latin America
Cloud-based payment processing and emerging commerce solutions provider i2c, has announced that it has partnered with Aerocash, a payment card and loyalty program manager, to provide i2c Engage. The solution is a real-time loyalty technology, to ...
G&D ensures security of O2 Wallet payments in Germany
The Munich-based technology group Giesecke & Devrient (G&D) will ensure the security of applications in Telefónica Germany’s electronic wallet, the O2 Wallet. In February the telecommunications company became the first network operator in Germany to ...
MOL snaps up AyoPay to expand it online payment reach
21 Mar 13
- PaymentEye
- 
Malaysian virtual currency service MOL is buying Indonesian business-to-business payment service, AyoPay. The two services have worked together in the past with AyoPay acting as a distributer for MOL’s virtual currency MOLPoints, across 40,000 ...
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