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April 21, 2015 10:35 PM ET

IT Services

Company Overview of BlueSnap Inc.

Company Overview

BlueSnap Inc. operates as a payment gateway company that serves eCommerce merchants worldwide. Its services include automatic transaction routing between various acquiring banks, including fail-overs and subscription retries; customizable and branded checkout process for various devices; coupon management for one-time and recurring payments; flexible pricing tiers with volume discounts; post-sales features that increase shopper retention and recover those who abandon the sale; integration with Google Adwords and Analytics; support for digital distribution; free trials and coupons; up-sell and cross-sell promotions at checkout; and bundled packages. The company also offers a SaaS/cloud e-Busi...

800 South Street

Suite 640

Waltham, MA 02453

United States

Founded in 2001

Phone:

781-790-5013

Fax:

858-777-5553

Key Executives for BlueSnap Inc.

Chief Executive Officer
Co-Founder
Chief Financial Officer
Senior Vice President of Business Operations
Compensation as of Fiscal Year 2014.

BlueSnap Inc. Key Developments

BlueSnap Opens an Office in Chicago

BlueSnap announced that the company has hired 20 eCommerce and payment industry veterans over the past four months and is opening an office in Chicago.

BlueSnap Appoints Peter Caparso as Chief Commercial Officer

BlueSnap announced that Peter Caparso, former President of North America at Adyen who was responsible for establishing Adyen's U.S. operations, has joined BlueSnap as Chief Commercial Officer. Caparso will be responsible for expanding BlueSnap's customer base and increasing revenue. A payments and eCommerce executive with over 25 years of experience, Caparso comes to BlueSnap with a track record of building and managing successful technology companies. Prior to joining BlueSnap, Caparso served as Head of North America at Adyen for six years. During his tenure at Adyen, Caparso oversaw the creation of multiple U.S. offices and deals with numerous mid-size, large and Fortune 500 merchants.

BlueSnap Streamlines PCI 3.0 Compliance for Merchants

BlueSnap announced that SecurityMetrics will provide PCI compliance services for BlueSnap merchants at no additional cost. The integration will enable all enrolled BlueSnap merchants to comply with new PCI 3.0 regulations that go into effect on January 1, 2015. Each year, merchants that accept major credit cards, such as Visa and MasterCard, are required to be compliant with the requirements as set forth in the Payment Card Industry Data Security Standard (PCI DSS). These requirements are designed to ensure merchants have in place adequate protection for the business and its customers against payment card theft and fraud. Under PCI 3.0, merchants who use Client-side encryption are now required to fill out a far more complex Self-Assessment Questionnaire (SAQ-A-EP). While eCommerce merchants that are currently PCI compliant do not need to take action until their current yearly certificate expires, all future renewals will require the completion of this new SAQ form.

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Recent Private Companies Transactions

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Date
Target
Private Placement
November 4, 2014
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