Ecommerce Industry News
PayPal will layoff 2,000 full time employees, which is about 7% of its total workforce, the company announced on Tuesday. It comes as other tech and ecommerce companies have laid off employees, including Amazon and […]
Accounts of over 34,000 PayPal customers were breached through a “credential stuffing” attack, Bleeping Computer reported on Thursday. A PayPal spokesperson confirmed the report. Bleeping Computer explained, “Credential stuffing are attacks where hackers attempt to […]
Amazon is making its ‘Buy with Prime’ payments offering available to all US sellers by January 31st, saying in an announcement this week that offering the service can boost conversion rates for merchants by an […]
PayPal is giving away $5,000 in a holiday promotion on social media over the course of four days this month. The SleighPal Giveaway encourages people to promote PayPal via Instagram and Twitter for a chance […]
It will cost more to sell on Etsy’s Depop fashion resale marketplace in January when it raises payment-processing fees. Depop blamed it on credit card companies increasing the fees they charge Depop to process transactions. […]
When a seller received a message telling them they had $12.33 to shop on eBay, they thought it might be part of a rewards program from eBay. Other sellers quickly disabused the seller of that […]
Visa launched a new solution designed to help content creators get faster access to their funds and accept donations and tips from their audiences. The Visa Ready Creator Commerce program is a solution for platforms […]
Sellers who had just suffered waves of anxiety over a new verification requirement got a shock today when Etsy notified them their accounts were not verified and discovered they were unable to activate a button […]
In what seemed like a routine email titled, “View updates to your PayPal account,” PayPal informed an online seller he had passed the threshold for reporting payments to the IRS, notifying him that according to […]
Etsy finally issued an announcement that it is requiring all US sellers to verify their bank-account information, regardless of how long ago they set up their account. The announcement came a day after sellers began […]