PayPal is updating two provisions of its user agreement covering privacy and charities. It’s also notifying customers of the availability of IRS Form 1099Ks, which summarize the gross payments customers received through PayPal for the sales of goods and services Read more
PayPal sent an email to customers alerting them to “some changes to our legal agreements,” but despite the fact the changes impacted fees, it never said so in the email notice, instead advising sellers: “There is no action needed from Read more
PayPal is emailing sellers to inform them of changes to its Resolution Center. These are different from the policy changes it announced in late September that are rolling out this month, covered in this AuctionBytes Blog post. In its email Read more
eBay will now accept payments from Chinese shoppers through Alipay, an affiliate of Alibaba. Beginning this month, Chinese buyers will have the option to check out with Alipay, “enjoying a seamless, convenient, and familiar payment experience,” eBay announced this week. Read more
eBay is giving buyers in Germany the option of paying for all their purchases in a given month in a single invoice. On the first calendar day of the month, buyers receive an invoice for all purchases that can be Read more
PayPal will power a portion of Shopify Payments in the US, an expansion of its global strategic partnership with the ecommerce platform. PayPal will become an additional provider for processing online credit and debit card transactions for Shopify Payments in Read more
PayPal sent an email to its customers on Friday notifying them of changes it will soon implement. Beginning September 1st, it will no longer make available two of its reports it had previously made available to merchants. And in October, Read more
eBay announced today that US buyers can pay on eBay with Venmo at checkout as it rolls out in the coming week. eBay said it aligned with the “evolving preferences of today’s digital natives.” Venmo is owned by PayPal and Read more
PayPal notified users it’s making changes to the User Agreement that will, for the most part, go into effect in May. Included are changes to PayPal’s Seller Protection program and Purchase Protection program. PayPal listed the policies effected and highlighted Read more
PayPal will reduce its workforce by 9 percent this year through layoffs and through the elimination of open roles. (CNBC estimated that is about 2,500 jobs.) PayPal CEO Alex Chriss, who replaced Dan Schulman in September, communicated the news to Read more
