Is There a Difference Between Square and Payfirma? At Payfirma, we are experiencing rapid growth and we frequently get asked about the differences between us and Square. Specifically, we get asked about mobile payments. Square, based in San Francisco, specializes in mobile payments, whereas Payfirma provides suite of options for different payment channels. It can be difficult to directly compare Square and Payfirma because we each target different markets. Products, Strategy and Tactics The main difference between Square and Payfirma is in the customers we attract and the business solutions we offer. Product differences address our different customer sets. Cost and Terms Payfirma is a solution for merchants that want merchant accounts in order to build their own credit rating. By the very nature of our pricing, we target larger merchants such as trades, restaurants, agencies, wholesalers etc. Security Merchants that have frequent and high transaction volume require bank level security. The Big Picture Written by Abdallah El Chami
Smart mCommerce Billeo opens API to card issuers Today Billeo, Inc., the creator of apps that help consumers save time and money while shopping or paying bills online, announced its Active eWallet API™, a tool that allows card issuers to add their cards as a payment option in Billeo's Active Context™ platform. By adding a credit, debit, prepaid or gift card to Billeo's platform, the issuer is instantly connected to the more than 1.5 million consumers who use Billeo's free iPad and browser apps to shop or pay bills online. Once a credit, debit, prepaid or gift card issuer uses the API, the issuer's card appears as an option in Billeo's iPad and browser apps (ShopSmart, Offer Assistant and Bill Pay Assistant) allowing cardholders using any of Billeo's free apps to easily add the card into their eWallet and use it while shopping or paying bills online. Card issuers can also integrate Billeo's Active eWallet API™ into their own apps and services to create a rich and engaging branded experience.
Acacia Subsidiary Enters into Settlement Agreement Regarding Credit Card Fraud Protection Technology with Dollar General Acacia Research Corporation (Nasdaq: ACTG) announced today that its Financial Systems Innovation LLC subsidiary has entered into a settlement agreement covering a patent that applies to credit card fraud protection technology with Dollar General Corporation. This resolves a dispute that was pending before the United States District Court for the Northern District of Georgia concerning Dollar General Corporation. The expired patent asserted in this litigation generally relates to a computerized system for protecting retailers and consumers engaged in credit card, check card, and debit transactions. The system includes an electronic card reader, and the generation and use of a transaction number, which specifically identifies each transaction processed within the system. Acacia Research’s subsidiaries partner with inventors and patent owners, license the patents to corporate users, and share the revenue. Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995