Interview with the CEO of Sponsorpay

The CEO @ Sponsorpay: Andreas Bodczek - Hi Andreas, Can you tell us something about the function you currently have at SponsorPay? What does your typical day at work look like? As SponsorPay's CEO I am in charge of the overall development of the company. I am also heading the account management team and keep an eye on our financials. On a typical day I get in early, work through my inbox and check the stats from the previous day. After that I will sit down with the product & accoun...

Play now, Pay later with Kwedit

Kwedit, a provider of alternative payment systems, recently announced the launch of Kwedit Direct and Kwedit Promise, two new services for the tens of millions of consumers who have been unable to purchase digital content or virtual goods because they lack credit or debit cards or would prefer to pay with cash. Kwedit Promise enables consumers to receive goods immediately in exchange for Promises to “Play Now. Pay Later.” Kwedit Promises can be paid off using any of the mechanisms provided b...

Inside Social Apps 2010 brings together today’s leading developers

On April 20th in San Francisco, Inside Social Apps is bringing together the world’s leading entrepreneurs all in one place to discuss the future of social applications and games monetizing through virtual goods. Justin Smith, founder and editor of the Inside Network, is hosting the event. Here's a list of confirmed speakers: * Atul Bagga, VP Equity Research, Games, ThinkEquity * Adam Caplan, VP Virtual Currency, Super Rewards / Adknowledge * Renata Dionello, Chief of Staff to ...

Offerpal partners with Amazon to Launch Offerpal Tasks

Today, Offerpal launches Offerpal Tasks, where social gamers can earn virtual currency without paying for it. Instead, they can choose from around 100,000 simple online tasks to complete via Amazon Mechanical Turk for virtual currencies in their favorite games. Indirect payments, such as Offerpal Tasks, are playing a larger role in the growth of virtual currency. It’s been estimated that between 30-50% of virtual currency payments in social gaming come from indirect methods. Sample tasks ...

SponsorPay Acquires GratisPay, becomes Europe’s biggest Virtual Currency Platform

SponsorPay, an European virtual currency monetization platform, has acquired its competitor GratisPay. Together the two platforms already serve the majority of Europe’s top 10 publishers of online games, such as Gameforge, Bigpoint and Frogster as well as publishers of Facebook apps and social games like Cafe.com, Feerik and Megazebra. SponsorPay is located in Berlin, Germany and offers fully localized monetization for more than 30 countries, reaching over 40 million active users in Europe a...