NYC-based Pango has signed up another client for its first pay-by-phone patented parking app. The City of Mount Vernon is introducing the app this week.
The ShopRunner and Alibaba joint venture is underway this week. The JV enables the shipping of U.S. e-commerce orders directly to China. ShopRunner has also added Eddie Bauer, Bergdorf Goodman, Narciso Rodriguez, Neiman Marcus Last Call, and The Limited to its roster of retail partners.
Credit cards usage for B2B payments has increased dramatically over the past few years, and are expected to represent 10% of all payments in 2014. U.S. companies now incur an average of $2.2 million in credit card processing fees per billion of revenue.
GreenPay , a mobile payments provider to the legal marijuana industry has inked an agreement with Maverick Bankcard. The new MaverickPay provides a solution to the multitude of problems present in the marijuana industry due to the lack of electronic forms of payment.