A new service offered by Groupon Payments offers sweet deals for merchants. The company announced few weeks ago that merchants who take advantage of their new service will receive credit card discounts. This move is a step into territory currently enjoyed Square and PayPal. 1.8% swipe fee plus $0.15 for each transaction for MasterCard, Visa
Tag Archives: Groupon
This past Thursday, Groupon, an elite member of the group of social Internet conglomerates, is stirring up activity in the anticipation of going public. The aim of the newest technology offspring is to raise $3 billion dollars. If Groupon meets its goals, the company could be roughly worth $30 billion, exceeding the value of Google
The reason is that Groupon brings every year a revenue of $2 billion. There are also reports which predict that the website could file to go public next year.
eBay is acquiring a hopping search engine Milo.com for $75 million. The interesting fact in the story is that Milo CEO Jack Abraham is only 24 years old.
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