Seventeen years after disrupting the payments industry, upstart PayPal has struck a deal with Visa, founded in the 1950s. The arrangement is designed to carry significant benefits for issuing financial institutions, acquirers, and merchants, according to the announcement. PayPal will Read more
Shoppers trying to pay with PayPal on Thursday experienced problems that were reported on various industry boards, social media sites, and on the Ecommerce EKG board. Sellers said they could not login to PayPal, receiving “session timed out” error messages, and Read more
eBay CEO Devin Wenig is now clear about eBay’s brand, he told Wall Street analysts on Wednesday, stating, “we deliver a compelling value proposition to help every person get their version of perfect, no matter what it is.” Explaining that Read more
Etsy’s reputation is taking a bruising due to a payments processing technical disaster that is being blamed on its third-party partner Worldpay. Etsy sellers are concerned that their reputations are also being harmed as customers have experienced myriad problems that Read more
eBay sellers say they are unable to respond to feedback left by their buyers. A report on Ecommerce EKG prompted us to investigate, and we discovered this problem has been ongoing since at least December. On Wednesday, a seller reported, Read more
eBay grew Marketplaces GMV 5% on an FX-neutral basis to $19.8 billion in the second quarter of 2016 (April, May, and June), while Marketplaces revenue grew 3%. Adding in StubHub ($1.1 billion in GMV), eBay’s total GMV for the quarter Read more
Amazon.com’s latest Prime Day recently took place, with the giant online retailer calling this second occurrence their biggest day ever, with US orders over 50 percent better than last year’s event. While it was a great day for Amazon, it Read more
eBay is hosting a conference for sellers in Las Vegas on July 26-29 called eBay OPEN, and it has added an event for sellers in the UK to be held on August 10th. eBay Connect is taking place in Manchester and is Read more
If eBay was a superhero, its special power would be identifying shopping trends, it seemed to indicate in a post on its corporate blog on Tuesday. eBay bragged it can see what people are looking for and what they’re buying, Read more
Last year, Amazon told Congress that Chinese sellers can ship low-weight orders to American buyers at significantly cheaper rates than are available to domestic sellers. It cited an example: the cost to ship a one-pound package from South Carolina to New York Read more
