Ecommerce Industry News
Facebook payments is losing another executive just months after the company rebranded its payments unit to Novi. The co-creator of Facebook’s cryptocurrency initiative Tomer Barel is leaving the company in February. The news comes three […]
The head of Facebook payments is stepping down after 7 years. David Marcus announced the news in a post on a different social networking site – LinkedIn. Marcus had founded Zong and joined PayPal in […]
When eBay decided to take over payment-processing from PayPal, the latter made the best of the rejection by claiming it would become free to expand its payment services on other platforms. On Monday, PayPal was […]
PayPal is giving away $20 million in a holiday sweepstakes to encourage people to pay for items using its payment service. The PayPal Holiday Sweepstakes comes amid the holiday shopping season, but the holiday-messaging was […]
Former eBay executive David Marcus, who served as President of PayPal and landed at Facebook in 2014, announced the social media company is rebranding its payments division to Novi. The move comes at the same […]
What are online payment services up to? Not just PayPal and Square, but offerings from the likes of Amazon, Google, and Facebook? Some “tech” companies are acting more like financial institutions – such as banks […]
PayPal is ready for the holiday shopping season, but it issued a special bulletin on Tuesday advising businesses to share information about expected volume surges. Those who signed up for PayPal Status updates regularly receive […]
PayPal is partnering with retail chain Staples to make returns easier for buyers and merchants. “This is the first announcement from Happy Returns since becoming part of PayPal earlier this year,” a spokesperson told EcommerceBytes, […]
PayPal will acquire a “Buy Now, Pay Later” service in Japan called Paidy in the fourth quarter for $2.7 billion, the company announced today (September 7). Paidy’s payment services allow Japanese shoppers to make purchases […]
PayPal is making changes to its User Agreement effective September 21, 2021, and users should carefully scrutinize the notice to see how the changes may impact them. PayPal said it is expanding the existing list […]