OpenBucks

The Openbucks Gift Card Payment Network is a fast, convenient and safe alternative to credit cards for online payment. Consumers can get a gift card from a trusted retailer such as Subway, Circle K, CITGO, Hess and Sports Authority, and purchase online at hundreds of online games and ecommerce sites. For more information please visit www.openbucks.com.



about the company

Founders

Hillel is VP of Operations at Openbucks. In this capacity he serves to orchestrate efforts between Openbucks, its partners and its vendors, ensuring that everything is in sync and running smoothly to deliver a great product. Hillel has a deep understanding of the digital goods space and has worked in the industry for more than 10 years. He holds a Masters degree in Economics at the University of Louvain in Belgium.

Marc Rochman is the Founder and CEO of openbucks.com a startup based in the Silicon Valley. Openbucks enables consumers who don't have credit cards or prefer not to use them to pay online in an easy, safe and private manner. Consumers use the gift cards of major retailers as a mean of payment at checkout. With a distribution network including Subway, Burger King, Circle-K, Shell, Dollar General, CVS and CITGO, Openbucks enabled gift cards can be bought at over 100,000 point of sales in the USA and Canada. Openbucks is poised to change the way people pay online. A visionary and expert in the plastic card technology, Marc also founded CardUSA, a leader in card production (Bank Cards, Gift-Card, Phone Cards, ID Cards), which ranked in the 2003 Inc-500 list among the fastest growing private companies in the USA. Marc earned a Masters in Physics from Pierre & Marie Curie University.

OpenBucks in the press

Feb. 19, 2016

8 Startups Changing How Payments Work

From online payment services, point-of-sale payments, and personal payment services to billing automation, cryptocurrency payments and money transfer services, these and many other payment startups are changing the transactional landscape for consumers and businesses. GoCardlessGoCardless was designed to specifically enable smaller merchants to establish interbank transfers into their sites for either one-time payments or recurring payments. Now you have all different types of eCash payments beginning to start that account for almost 8 percent of all mobile payments. Then came credit cards followed by debit cards. Here are eight examples of startups changing how we pay for products and services.

July 17, 2012

Openbucks Lands $4.8M Series A Funding

Interestingly, a big target demographic here is teenagers, who don’t have ready access to online payment facilities. Today, the company has announced a $4.8 Million Series A funding round, led by Yahoo co-founder Jerry Yang, with participation from Terry Semel, Greycroft Partners, BV Capital, Clearstone Ventures, Morado Ventures, Novel TMT Ventures, Inspiration Ventures, CrunchFund, SV Angel and TiE Angels. Consumers can obtain a gift card from one of its partner brands at more than 100,000 locations across the US. We last reported on Openbucks last September, a company that’s setting out to give 97M Americans without credit cards another option to pay for goods online. Openbucks says the investment will support its strategic growth plans, including the continued development of its acceptance network.

July 16, 2012

Gift Card Payment Network Openbucks Raises $4.8 Million Series A, Led By Yahoo Co-Founder Jerry Yang

Also participating were Terry Semel, Greycroft Partners, BV Capital, Clearstone Ventures, Morado Ventures, Novel TMT Ventures, Inspiration Ventures, CrunchFund, SV Angel and TiE Angels. Openbucks, a startup creating a gift card-based payment network (and a former TechCrunch Disrupt finalist), is announcing today it has closed $4.8 million in Series A funding, in a round led by Yahoo co-founder Jerry Yang. Currently, Openbucks supports gift cards from Subway, CVS Pharmacy, Burger King, Shell (next week), Circle-K and CITGO, which can be used to pay for purchases online. Since its initial debut, founder and CEO Marc Rochman says Openbucks has grown to “tens of thousands of users” and has seen “hundreds of thousands” of transactions on its network. The other main use for the new funding will be bringing more merchants online with the system.

July 16, 2012

Gift Card Payment Network Openbucks Raises $4.8 Million Series A, Led By Yahoo Co-Founder Jerry Yang

Also participating were Terry Semel, Greycroft Partners, BV Capital, Clearstone Ventures, Morado Ventures, Novel TMT Ventures, Inspiration Ventures, CrunchFund, SV Angel and TiE Angels. Openbucks, a startup creating a gift card-based payment network (and a former TechCrunch Disrupt finalist), is announcing today it has closed $4.8 million in Series A funding, in a round led by Yahoo co-founder Jerry Yang. Currently, Openbucks supports gift cards from Subway, CVS Pharmacy, Burger King, Shell (next week), Circle-K and CITGO, which can be used to pay for purchases online. Since its initial debut, founder and CEO Marc Rochman says Openbucks has grown to “tens of thousands of users” and has seen “hundreds of thousands” of transactions on its network. The other main use for the new funding will be bringing more merchants online with the system.

Sept. 17, 2011

Openbucks: Buy Digital Goods Online With Subway Giftcards (And More)

If you buy one of these gift cards and head online to a supported site, you can use the card to purchase digital goods. Thing is, gift cards tend to be pretty restrictive, as they generally can only be used at one chain. A: Vast majority of US teenagers can’t buy online easily. Why do I use my Subway card, why would I get one to pay for games online? One reason why they’re so popular is that they give people who can’t get credit cards — like, say, millions of teenagers — a way to purchase goods online.

Sept. 17, 2011

3 New Takes On Instagram Photos, Professional Profiles & Virtual Goods

This week we've chosen new takes on showing off Instagram photos, sharing professional profiles and buying virtual goods. Profiles are public and easily shareable, and anyone can communicate with anyone else — regardless of whether they have a Zerply profile themselves — through buttons for their social profiles. The result is a spiffy looking professional profile with a custom URL that makes it easy to share. Openbucks: A New Way to Pay for Virtual Goodshttp://mashable.com/wp-content/uploads/2011/09/Shop-screenshot.pngQuick Pitch: Openbucks allows users to pay for stuff online using gift cards. Quick Pitch: Followgram is an easier way to share your Instagram photos.

Sept. 15, 2011

The 7 Coolest Startups You Haven’t Heard of Yet

Married to a store selling sheet music, it’s pretty clear that something interactive like this will do to sheet music what Kindle did to hardback books. Tonara – Think of it as sheet music for the iPad generation. It’s always professionally treacherous to predict which startups will take off, but here’s our favorites from the conference. Try to text a business the app hasn’t heard of, and a TalkTo call center rep will actually contact the business to try and get it to sign up. Tonara is an iPad app that can map your keyboard pounding to the right place on the sheet music, and then magically flip the page at the right point.