On the web:

• Office Depot Tests PayPal's New Point-of-Sale System - Reuters
• Square Looks to Have Secured the Square.com Domain - NetBanker
• Mercedes-Benz Financial Services Surpasses $50 Million in Mobile Payments - intomobile
• PayNearMe to Go Mobile to Expand Its Cash-Pay Service - American Banker
• PIN Authentication Versus Signature Authentication - Portals and Rails

On the wires:

• Payvment Delivers New Features For Facebook Timeline

Headline News is compiled by Glenbrook Partners:

• Zuora Z-Force Checkout Now Available on Salesforce.com App Marketplace
• Payvment Closes $6 Million Round of Series B Funding
• myYearbook to Use the ThreatMetrix Fraud Network
• Ten of the Top 75 Online Retailers Sign-on to Sell Gift Cards with eBillme

• Newsweek: On PayPal, the U.S. Lags in Selling to the World
• MediaPost: Visa and LivingSocial Partner For 'Buy One, Get One' Promo

San Francisco-based Payvment, a Facebook e-commerce solution provider, has announced closing a $1.5 million Series A funding round led by BlueRun Ventures with participation by angel investor Dave McClure. "Payvment provides a free Facebook application that allows businesses, organizations and individuals to set up virtual storefronts and begin selling to 400 million Facebook users within five minutes. Since the company launched in November, over 20,000 businesses and individuals have started to sell goods on Facebook and over 500,000 Facebook users have shopped for products in stores using the Payvment app." READ MORE »

Payvment, a Facebook eCommerce solution provider, has introduced a Facebook Fan Incentive Pricing feature for its Payvment e-commerce solution. According to the company, "the program marks the first time sellers on Facebook can provide instant product discounts to users that become Fans or “Like” their Facebook page. Now any brand or seller with a presence on Facebook can finally provide direct rewards to current and potential customers by tying the action of becoming a Fan to sales discounts." READ MORE »