Why is Groupon temporarily unavailable?

If the Groupon is temporarily unavailable, you should wait as there may be any outage or maintenance going on. Check the server status on the down detector sites such as Isitdown, or there are many more you can go on for outage map. For more, contact Groupon live chat support.

How long does it take for Groupon to show up?

If you do not update or cancel your Groupon order, we will automatically try to process the transaction again every 18 hours up to 72 hours.

Does Groupon have a credit card?

Yes, the GroupOn does offer credit card for all your shopping needs.

Groupon launched credit card payment service. Groupon Payments, available via an app for the company's merchants, is the latest entry in the field of mobile payments. Groupon's rate is 1.8% plus 15 cents per stolen transaction for MasterCard (MA), Visa (V), and Discover (DFS) cards.

How does GroupOn work?

Since launching in 2008, Groupon’s Daily Deal website has become so popular and profitable that it announced a $ 6 billion takeover bid by Google in December 2010 [source: Ovide]. Groupon has gained fame and fortune by giving the boring old voucher a web savvy touch. To understand how Groupon works, let's start with how coupons work.

A voucher is called a loss leader. A loss leader is any type of sale, advertisement, discount or special offer that leads customers to enter the door. The company will almost certainly lose money on the reduced items, but the hope is that the customer will spend money on other items or, even better, become a regular customer. Vouchers usually have an expiration date and offer modest discounts. Perhaps a dollar discount on certain grocery stores or a 15 percent discount from a large retailer. How to fix Groupon live chat & Groupon refund team.

Groupons are like vouchers for steroids. The offers offered daily through Groupon start at a 50 percent discount and can be up to 90 percent cheaper than the normal price. Groupon can offer such high discounts because it guarantees business owners a minimal return on their investment and the opportunity to become a sensation overnight. Groupon claims that its service is a win-win for both businesses and consumers, but there are some downsides.

To better understand how a daily deal site like Groupon works, let's take the example of Bob, the consumer, and a local company called Eatsa Pizza. Read on for all the details.