PayPal issued an advisory about a change it’s making that could impact some merchants’ reconciliation process. PayPal called it part of a planned technology update. Here’s how it described the change and its impact on merchants: What’s changingCurrently, the bank Read more
PayPal is making it easier for ordinary people to buy cryptocurrency, but it’s not clear that ordinary people will comprehend the risk. PayPal is letting people buy and sell cryptocurrency within the Venmo app with as little as a dollar, Read more
eBay is making the Terapeak Product Research tool free to all sellers, it announced on Monday. Previously sellers needed a paid subscription to an eBay Store in order to access the tool at no extra charge. eBay Product Research provides Read more
PayPal launched a new solution for larger merchants called Fraud Protection Advanced and cited research showing organizations are losing an average of $4.5M a year due to fraudulent transactions. PayPal said Fraud Protection Advanced is built on insights from its Read more
eBay lowered commission fees for sellers making sales of “low value” tech items and home appliances in Australia. “As part of our ongoing commitment to making selling tech easier for our retailers, we’re excited to announce that for Managed Payment Read more
Australia Post crowed recently that the pandemic had fueled the country’s online shopping boom, with Food and Liquor growing 77% over the prior year. But just weeks later, a news report says the postal service will stop accepting food and Read more
If you sell watches on eBay, you’ll pay higher fees beginning in May. The fee hike on sales of watches at any price is to pay for eBay’s marketing of high-priced, luxury watches. Consider it a “luxe tax” for all Read more
Yesterday we reported on Etsy’s announcement of a new Weekly Performance Report that it was sending to sellers via email. Today, a seller forwarded us a copy of their report. The subject line read: “(Redacted shop name): This week in Read more
March 2021 saw healthy retail sales growth over March 2020 when pandemic restrictions went into place. The boost was due in part to government stimulus checks and attitudes about COVID as more people get vaccinated, according to the National Retail Read more
A law firm in Canada is going to court over allegations that shipping courier DHL misrepresented its fees to recipients. CBC News reported on Thursday: “Court documents claim that DHL leads customers to believe that fees they must pay once Read more
