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Category: Payments

PayPal Will Help You Buy Things with Cryptocurrency

October 21, 2020October 21, 2020 Ina Steiner
PayPal

PayPal will soon help you fund your ecommerce purchases using cryptocurrency, announcing a new service on Wednesday and referring awkwardly to “digital representations of value.” “PayPal Holdings, Inc. (NASDAQ: PYPL) today announced the launch of a new service enabling its Read more

News, PaymentsCryptocurrency, Paxos Trust Company, PayPal, Venmo

Etsy Shoppers Can Now Pay in Installments: Impact on Sellers

October 20, 2020October 20, 2020 Ina Steiner
Etsy

Etsy announced shoppers can now pay in installments thanks to a third-party service called Klarna. Etsy explained how it impacts sellers in today’s announcement, “We’ll send all of your funds for orders made with Klarna to your payment account the Read more

Marketplaces, News, PaymentsEtsy, Etsy Payments, Klarna5 Comments

eBay Hits Sellers in the Pocketbook with Payout Delays

October 6, 2020October 6, 2020 Ina Steiner
eBay

eBay Payments experienced a glitch yesterday, and today, eBay is showing no disbursements (payouts) for today, and sellers say they have received no communication from eBay about the issues. Those who are on a daily payout schedule (5 days a Read more

Marketplaces, News, PaymentseBay glitch, eBay managed payments, eBay payout delay4 Comments

New PayPal User Agreement Takes Effect in November

October 2, 2020October 2, 2020 Ina Steiner
PayPal

PayPal is making changes to its User Agreement, which will go into effect next month. The company sent an email notification to users this week with the subject line, “Upcoming changes to our PayPal legal agreements”: We’re making some changes Read more

News, PaymentsPayPal, PayPal User Agreement4 Comments

PayPal Experiences Technical Issues on Thursday (Resolved)

September 24, 2020September 24, 2020 Ina Steiner
PayPal

PayPal is experiencing technical issues that started Thursday morning and were ongoing as of this writing (Thursday afternoon). DownDetector showed reports of problems coming in, and PayPal itself issued a notice showing it was a global issue that started at Read more

News, PaymentsPayPal, PayPal glitch

PayPal Customers See Delay in Getting Funds

September 13, 2020September 14, 2020 Ina Steiner
PayPal

PayPal customers turned to Twitter Sunday afternoon to ask where their funds were, and the tweets show just how upset people get when their money fails to show up in their accounts. DownDetector showed a spike in reports after 3:30 Read more

News, PaymentsPayPal, PayPal glitch1 Comment

eBay Expands Managed Payments Mandate in Europe

September 9, 2020September 9, 2020 Ina Steiner
eBay

eBay is expanding its Managed Payments mandate in Europe, it announced on Wednesday. eBay will begin enrolling sellers in France, Italy, and Spain into the program in early 2021. eBay began managing payments on its platform in the US for Read more

Marketplaces, News, PaymentsAlyssa Cutright, eBay Europe, eBay managed payments2 Comments

PayPal Tells Sellers that ‘Pay in 4’ Can Boost Sales

August 31, 2020August 31, 2020 Ina Steiner
PayPal

PayPal is selling merchants on its new “Pay in 4” financing solution, telling them it can boost conversions. PayPal Pay in 4 lets shoppers make a purchase and pay over four, interest-free installments. But sellers get paid right away. PayPal Read more

News, PaymentsPayPal, PayPal Credit, PayPal Pay in 42 Comments

eBay Divorce from PayPal Impacts Seller Loans

August 18, 2020August 18, 2020 Ina Steiner
PayPal

If eBay and PayPal are the parents in their corporate “divorce,” then sellers are the children suffering the effects. PayPal tried to find a way for eBay sellers with working capital loans to continue to be able to make automated Read more

News, PaymentseBay, eBay breakup, PayPal, PayPal Working Capital1 Comment

PayPal Says Back to School Spending Up Despite Uncertainty

August 7, 2020August 7, 2020 Ina Steiner
PayPal

PayPal said back to school (BTS) spending is up despite the uncertainty created by the COVID-19 pandemic – and shopping lists now include safety supplies and remote-learning tech products. PayPal commissioned Netfluential to study 600 college students and 1,200 K-12 Read more

News, PaymentsBack to School shopping, coronavirus, PayPal

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