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EcommerceBytes-NewsFlash, Number 2290 - May 19, 2010 - ISSN 1539-5065  2 of 3 
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Payvment provides a free Facebook application that allows businesses, organizations and individuals to set up virtual storefronts. Since its launch last year, 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. Payvment was founded in 2009 by Christian Taylor and Joelle Musante, who previously developed social network Fan Web sites for Fortune 500 companies. Payvment uses PayPal Adaptive Payments and was featured at last year's PayPal Developers Conference. |
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About the author:
Ina Steiner is co-founder and Editor of EcommerceBytes and has been reporting on ecommerce since 1999. She's a widely cited authority on marketplace selling and is author of "Turn eBay Data Into Dollars" (McGraw-Hill 2006). Her blog was featured in the book, "Blogging Heroes" (Wiley 2008). Follow her on Twitter at @ecommercebytes and send news tips to ina@ecommercebytes.com. |
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Email this story to a friend. 2 of 3 |
Facebook ecommerce solution provider 
Three-Quarters of Americans Have Active PayPal Accounts - December 29, 2010
Payvment Stores for Facebook Raises $6 Million in VC Funding - December 01, 2010
PayPal Hypes Cashless Utopia at Media Event - November 05, 2010
PayPal Announces New Bank Collaboration in Malaysia - October 20, 2010
