PayPal is letting users link their accounts to the Acorns investment app, and in doing so, the company is gaining greater access to information about user behavior in an age where data is currency and fuels artificial intelligence technology. The Read more
PayPal, which has offered consumer financing since 2008, is selling $6.8 billion in receivables to Synchrony Financial, with which it is expanding its consumer credit relationship. The Wall Street Journal called it a long-awaited deal that will give PayPal significant Read more
eBay offered advice to sellers on how to attract holiday shoppers particularly around Black Friday: offer deals. The tips focused around low pricing and included the following tactics: bundle items together; offer one-day-only specials; don’t limit deals to Black Friday; Read more
Bonanza launched a new tool to help sellers market their Webstores, which are optional hosted storefronts. Webstore Broadcaster allows sellers to easily advertise on Google Shopping from their store. Bonanza spokesperson Gwen Schlefer told EcommerceBytes, “Bonanza Webstores give our sellers Read more
Etsy announced a $100 million stock repurchase program, saying it would help offset the dilution of recent and future employee stock option exercises and restricted stock vesting. It will be funded from Etsy’s existing cash and cash equivalents or future Read more
Amazon has considered putting delivery lockers on wheels to bring them closer to customers. Amazon lockers are an option for customers who wish to avoid the risk of front-porch theft and are located at convenience stores, Whole Foods supermarkets, and Read more
eBay published a map of Europe indicating areas of selling hotspots. eBay looked at regions with the highest concentration of online small and medium size businesses (SMBs) per 10,000 inhabitants in 2016 and found that unlike many traditional businesses, eBay Read more
eBay Canada is providing notification and guidance to sellers as it rolls out the revamped Markdown Manager, a tool that allows sellers to run sales and promotions to entice shoppers. In the US, sellers have run into numerous problems with Read more
Canadians can add cash to their Amazon balance at the post office. Canadian payments provider Payment Source added Amazon Cash to its Loadhub pay-in-person solution, available at Canada Post retail locations. Company CEO Trevor Cook called the offering inclusive, saying Read more
Amazon and other retailers make it easy to purchase their branded gift cards. Now eBay wants businesses to think of its marketplace when they wish to give gift cards to customers or employees through loyalty or incentive programs. Blackhawk Network Read more
