Ecommerce Industry News
Online payments service Square will acquire AfterPay in a deal valued at a whopping $29 billion. Square cofounder and CEO Jack Dorsey (who also cofounded and is CEO of Twitter) said together, the two companies […]
PayPal is ending its Funds Now program, launched in 2018, which allowed sellers to access money from their completed sales within seconds, even during a dispute – at no extra cost to them. In a […]
PayPal Zettle launched today to allow small businesses to accept payments across in-person and online channels. But it’s more than a card-reader and point-of-sale solution. PayPal described the offering as way for small businesses to […]
How do you sell online without a store or marketplace? In today’s issue, Don Heiden, the Auction Professor, discusses using PayPal buttons on message boards, specialty sites, classifieds sites, social platforms, and in emails. There […]
Poshmark is running a promotion encouraging shoppers to sign up and pay with a credit card through Google Pay. The promotion targets shoppers who haven’t used Google’s wallet on Poshmark before – they must use […]
PayPal acquired a company called Happy Returns, which helps retailers manage their returns – or, as Happy Returns has described itself, “a leading provider of return and logistics solutions for retailers and their customers.” PayPal […]
eBay CEO Jamie Iannone’s recent comments about cryptocurrency, as cryptic as they were, caused a stir. Monday’s CNBC interview was not the first time eBay expressed interest in crypto, but together with the CEO’s comments […]
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 […]
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 […]
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 […]