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Consumer Confidence Critical in Capturing $21B of Lost eCommerce Sales

eBillme expands buyer protection coverage to levels not offered by credit, debit, or any other alternative payment provider

In response to consumer demand for peace of mind at the checkout and to help merchants capture a portion of the $21 billion of lost sales due to consumer hesitation, the eBillme Buyer Protection Program has expanded to offer coverage unmatched by traditional credit, debit cards or other alternative payment providers. According to a consumer study of online shopping fears conducted by Javelin Strategy and Research and co-sponsored by eBillme(TM), the most secure payment option that enables consumers and … Continue Reading

eBillme Online Spending Index Data - Q1 2009

The following is the primary data for the eBillme Online spending Index. The study was fielded in January 2009 and represents Data from the Jan 1, 2009 - April 1, 2009. The study was fielded by Javelin Research on behalf of eBillme and surveyed 1600 Internet respondents.

The index data shows a decrease in spending intent online from Q4 2008, with the average spend dropping from $175.00 to $75.00

Looking forward over the next 90 days, how much do you believe you will spend online? Please include any online purchases such as gifts, airline tickets, or digital goods … Continue Reading

$12 Million Round completed

eBillme, the only cash based alternative payment option that leverages online banking for eCommerce checkouts, online and in the call center, announced that the company has raised $12 million in a recently completed round of financing. The financing was led by the multibillion-dollar, global venture capital firm, Canaan Partners, as well as existing investor Celtic House Venture Partners, investors in software and Internet services companies. Maha Ibrahim, General Partner at Canaan Partners, and Pierre-André Meunier, P.Eng., Partner at Celtic House, will join eBillme’s Board of Directors.

“This … Continue Reading