Seller Says Check Your PayPal 1099Ks
Mistakes happen, but when they are made on tax reports filed with the IRS, it’s important that they are corrected to ensure you don’t overpay or potentially lead to an audit. A reader told us […]
Category: Payments
PayPal Enhances Business Accounts with Integrated Tools
PayPal sent an email to business customers to inform them of upcoming enhancements to their accounts – in a nutshell, advising them of the availability of tools and ways to access those tools more easily. […]
PayPal Markets on Behalf of eBay Rival Bonanza
You may have known that online marketplace Bonanza accepts PayPal (and has for many years), but you may not have realized that PayPal conducts marketing email campaigns for Bonanza, which is a rival of PayPal’s […]
PayPal Clarifies Impact of Policy Change on eBay Sellers
It would seem eBay sellers can breathe a sigh of relief over a new PayPal policy regarding seller transparency. PayPal updated its user agreement, and one provision going into effect on March 12 requires sellers […]
BigCommerce Adds Multi-Currency Features for International Sales
BigCommerce launched a suite of multi-currency features to help merchants “natively” present, transact and settle in more than 100 currencies, stating that it strengthens the ability to sell cross-border to shoppers around the globe. The […]
PayPal Grows Revenue 18% in Q4 2019
PayPal grew revenue 18% year-over-year in the fourth quarter of 2019 (foreign currency-neutral), it announced on Wednesday. The number of payment transactions in the quarter – 3.5 billion – was up 21% year over year. […]
PayPal Makes More Inroads into China
PayPal made more inroads in China, announcing on Wednesday a partnership with UnionPay International. The companies said they will work together to accelerate the growth of their mutual networks. PayPal has committed to supporting UPI […]
What PayPal Did to Help Charities and Fight Crime
Two big do-good announcements came from PayPal this week – it’s helping charities and fighting crime. On Thursday, PayPal announced it processed a record $10.3 billion in donations to charities around the world in 2019. […]
Visa to Acquire Plaid for $5.3 Billion
Visa will pay $5.3 billion for Plaid, a service that helps people connect their financial accounts to financial apps. Visa gave an example of the role Plaid plays in linking accounts to apps: “when a […]
Square Charges New Fees for Quick Access to Funds
Square is imposing new fees for merchants who transfer funds to their bank account, it announced on Tuesday. Beginning on February 7, 2020, the rate for instant and same-day transfers from a Square balance to […]