What is ShopKick?

Shannon Andrade | VIEW PROFILE

May 16, 2013

ShopKick

ShopKick, a mobile shopping app, was originally launched in August 2010. With its simple mission ‘to make shopping better’ the mobile app reached over one million consumer users in the first six months initially offering incentives or ‘kicks’ and scanned products when users...

What is Bitcoin?

Shannon Andrade | VIEW PROFILE

April 24, 2013

Bitcoin

Bitcoin is an open source person-to-person (P2P) digital currency that enables instant transactions and worldwide reach all without financial intermediaries and with zero or low processing fees. One of the first implementations of the ‘crypto-currency concepts’, the self-...

What is Punchey?

Shannon Andrade | VIEW PROFILE

April 15, 2013

Punchey

Boston based Punchey is a self-described end-to-end payments platform designed specifically for small and mid-sized businesses. Founded by Nathaniel Stevens, who also founded online marketing and advertising technology platform, Yodle, Punchey was introduced via a ‘soft-launch’...

What is Lemon Wallet?

Shannon Andrade | VIEW PROFILE

April 9, 2013

Lemon Wallet

Lemon was originally launched in July 2011 as a money management application, allowing consumers to turn their paper receipts into digital data through a smartphone camera. The customer-focused application was an immediate hit, attracting over one million users in its first four...

What is Swipely?

Shannon Andrade | VIEW PROFILE

April 2, 2013

Swipely

Founded in 2009, Swipely is a payment marketing application that transforms the cash register into a marketing tool, designed to support business growth. Launched in five markets (Boston, Providence, New York, Washington D.C., and San Francisco), the Rhode Island based company...

What Is Dwolla?

Shannon Andrade | VIEW PROFILE

March 28, 2013

Dwolla

Dwolla, the Iowa based company founded in 2008 and launched in the U.S. in December 2009, is a cash based network that relies on a bank account based payments. For individuals, Dwolla provides a convenient, paperless and quick way to pay friends or businesses. Using either...

What is Apple® Passbook®?

Shannon Andrade | VIEW PROFILE

March 13, 2013

Apple® Passbook®

When Apple launched the iPhone® 5 in mid-2012, media and consumer anticipation was centered on near field communication (NFC). And, while the NFC announcement never came, Apple did announce Passbook as a key new feature available in iOS 6. Questions immediately arose. Is...

What is Sendit Social

Shannon Andrade | VIEW PROFILE

March 5, 2013

Sendit Social

According to Wikipedia, “a gift card is a restricted monetary equivalent or scrip that is issued by retailers or banks to be used as an alternative to a non-monetary gift.” For decades, consumers and merchants relied on paper gift certificates, which, for the majority of...

What is FreebeePay?

Shannon Andrade | VIEW PROFILE

February 18, 2013

FreebeePay

Mobile applications are a $6 billion market today and, according to 2012 predictions from industry leading analyst firm, Forrester, that market is expected to grow nearly ten fold to more than $55 billion by 2015. While the world of mobile applications ranges widely from games...

What is vPromos?

Shannon Andrade | VIEW PROFILE

February 13, 2013

vPromos

New mobile applications continue to enter the payments marketplace servicing a wide variety of needs for merchants and consumers alike. With dozens of entries flooding the space each month, it’s our goal with, what has now become our ‘What Is’ series, to provide brief overviews...