Archive for July 14th, 2010

How To Accept Credit Cards Online

“Most newcomers to internet retail assume a merchant account is all they need to accept credit cards online. This is not true. A complete payment solution includes a merchant account, a shopping cart and authorization software…”

via Online Home Business Ideas.

Amazon Can Win Big With Mobile E-Commerce

“We believe that growth in mobile e-commerce represents a major opportunity for pure online retailers like Amazon and eBay. Around 2% of online sales are generated through mobile phones, according to a recent study by Forrester Research. And mobile e-commerce is expected to generate 8.5% of all e-commerce revenues by 2015, according to Coda Research.”

via Forbes.com.

eBay Sued for $3.8 Billion in Patent Lawsuit

“A company called XPRT Ventures says transaction system PayPal knowingly incorporated XPRT’s e-commerce technology, for which it had filed for U.S. patents, into its own patent applications back in 2003–and has served parent company eBay with a $3.8 billion lawsuit.

According to the suit, which was filed Tuesday in a Delaware federal district court, technology that was built into PayPal’s patent had previously been shared with PayPal confidentially by representatives from XPRT and is contained in a total of six XPRT patents. eBay, the complaint alleges, incorporated those…”

via CNET News.