Most Pinterest clones sell things now so the big company getting involved shouldn’t be a surprise. Their 70 million monthly visitors are going to be a web savvy shopping group for retailers. This Re/Code article says that Pinterest might use Stripe for its credit card processing. That’s a smart choice. We use Stripe on www.BibleClock.org and love the simplicity and market rates with no equipment to buy. “ Pinterest has a $5 billion market valuation, which doesn’t make financial sense if it’s only an advertising platform. Look for the company to charge retailers a percentage of sales like Amazon. |