A collection of noteworthy e-commerce related news from last week:
WePay accounts enable the collective administration and gathering of cash pools, provides a means of making centralized payments, all the while providing transparency on all the transactions.
VentureBeat spoke with the founders:
Russ Jones categorizes social payments and defines the topic:
Social payments can be roughly understood as the union between financial transactions with social networks.
The WePay example could be categorized under social payments and then in a further sub category, group payments.
Originally posted in German by Marcel Weiss, adapted for excitingcommerce.com by Jason Soo.