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BidPay

Welcome to the News View for "BidPay".

Here, on these archive pages, you'll find all of the articles on Payments News for BidPay listed in date sequence beginning with the most recent article at the top of the page.

Click here for a complete listing of what's available in the Payments News Archive - organized by both posting date and subject category.

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September 27, 2007

BidPay Adds Integrated Checkout Options

BidPay has announced that online sellers and third party developers can now integrate BidPay as a payment option on their checkout pages allowing sellers to use BidPay as an alternative payment service across all online marketplaces from auctions to traditional Web stores.

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August 30, 2007

BidPay Lowers Pricing, Improves Usability

BidPay has announced it is reducing the fees it charges online merchants and auction sellers and streamlining the purchase process when BidPay is used. On a $50 purchase, fees paid by merchants on domestic US payments will be reduced from $1.75 to $1.345 - a 23% reduction.

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December 05, 2006

Safer Ways To Pay Online

Consumer Reports takes a look at several online payment services, including Google Checkout, PayPal and Bill Me Later, that it says "can offer added security in an electronic world vulnerable to credit-card fraud and identity theft." The article adds "but they’re far from foolproof."

June 14, 2006

Auction Payment Service BidPay Re-Opens

CyberSource and BidPay.com, Inc. have announced the re-launch of the popular BidPay auction payment service. Acquired by CyberSource in March 2006, BidPay "now returns with a number of competitive innovations including seller protection and the ability for sellers to accept payments from buyers around the world."

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April 04, 2006

CyberSource Appoints Scott Cruickshank, David Hansen

CyberSource has announced two senior management appointments: Scott Cruickshank as president and chief operating officer and David Hansen as president of BidPay.com, Inc., a wholly-owned subsidiary acquired by CyberSource on March 7, 2006.

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March 07, 2006

CyberSource Acquires BidPay From First Data Corp.

BidPayCyberSource has announced that it has acquired BidPay.com, Inc. from First Data Corporation. In exchange for $1.8 million in cash, CyberSource acquired proprietary technology, databases, and certain intellectual property rights, including exclusive rights to the BidPay.com brand.

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February 05, 2006

AuctionBytes: Online Payment Survey Results

Ina Steiner reports for AuctionBytes on an online payment survey of readers conducted during January.

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December 26, 2005

BidPay Fails: What Are The Lessons Learned?

BidPayLast week, First Data Corp., as part of a series of restructurings and reorganizations now underway following replacement of its CEO, announced that its BidPay Online Auction Payment Service is being shut down later this week. This article explores what lessons might we learn from BidPay's ultimate failure in the market.

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December 24, 2005

First Data Shuts Down BidPay

BidPayIna Steiner reports for AuctionBytes.com that First Data's BidPay unit is closing down operations on December 31, 2005.

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September 28, 2004

FDC's BidPay Introduces Direct-to-Bank Payment Option

First Data Corp.'s BidPay.com has introduced a new direct-to-bank payment option for online auction payments. Sellers can receive payments from BidPay within approximately three banking business days. The BidPay service is free to sellers with buyers paying all of the BidPay service fees starting at a minimum of $1.95 per transaction.

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