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Social Networks - Consumer

Consumer orientated social networks connect subscribers and produce platforms for connecting merchants to them through specific ad targeting and accumulating user behaviour. Big players are Facebook, LinkedIn, V Kontakte and Twango, but new platforms such as Google + make this a very fluid and lucrative sector.


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Facebook teams with target in social commerce push

10 May 13 - PaymentEye - Partnership DealsNew Products
US retail chain Target is launching hundreds of discount offers on Facebook that users automatically share with friends when they claim them in an effort to drive more shoppers into its stores (according to StrategyEye). Starting with around 700 offers ...

Digital River expands partnership with En Masses Entertainment

09 May 13 - PaymentEye - Partnership Deals
Digital River now supports a subscription-free business model while continuing to manage an elite package subscription option for En Masse’s action-based MMORPG TERA: Rising, which now has over 1.5 million registered player accounts. En Masse has been a ...

More shoppers signing into retail sites through Facebook

12 Apr 13 - PaymentEye - Insight
Facebook’s reach into e-commerce is increasing with reports that a growing number of online shoppers are signing into retail websites using their log-in details from the social network. A new report from social log-in firm Janrain claims 57% of ...

Cashcloud releases its mobile eWallet

26 Mar 13 - PaymentEye - New ProductsNew Technology
Cashcloud SA, a start-up venture in Luxembourg, has released its mobile eWallet, including a mobile payment system for the Apple iOS and Google Android operating systems. The solution will be available in a number of European countries. Using the ...

Yandex launches online payment system for Twitter-based transfers

25 Mar 13 - PaymentEye - New ProductsNew Technology
The Russian internet company Yandex has introduced Twym, a new online payment system for Twitter-based transfers.  The new service enables users to send money to other Twitter users through tweets. However, in order to be able to send and receive ...
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