Ecommerce Industry News
PayPal has been making it easier for users to withdraw funds, and this week, it’s rolling out “Instant Transfer to bank” to consumers in the US, though it comes with fees. PayPal expects to roll […]
Reports came flooding in on Friday, February 15, about Etsy taking funds from some sellers’ bank accounts and charging their credit cards for hundreds, even thousands of dollars. Etsy updated sellers on a thread on […]
Late last week we reported on the Etsy billing debacle in which it incorrectly withdrew funds from some sellers’ bank accounts and charged some sellers’ credit cards, despite the sellers not owing fees. The problem […]
The next phase of eBay’s Managed Payments rollout will impact larger merchants. As we reported in November, eBay is turning off Integrated Merchant Credit Card Accounts (IMCC) in two phases beginning March 1, 2019 – […]
Etsy posted an apology for what it called a bill payment error after some sellers reported the company took large sums of money from their credit cards and bank accounts on Friday afternoon. EcommerceBytes reported […]
PayPal is running a new pilot program called PayPal One Touch Seller Signup that helps sellers go multichannel and helps marketplaces as well. It comes as PayPal weans itself from its dependence on eBay, which […]
PayPal is making a change to its subscription feature that allows sellers to offer recurring payments, subscriptions, automatic billing, and installment plans to their customers. PayPal announced that starting February 1st, 2019, it will be […]
PayPal committed to fund up to $25 million of interest-free cash advances to help federal government employees during the shutdown. PayPal is offering an interest-free cash advance up to $500 for federal employees through its […]
PayPal hired a Chief Marketing Officer and added a new member to its board of directors. As Executive Vice President and Chief Marketing Officer, Allison Johnson will lead strategic marketing for PayPal and its family […]
Alibaba debuted its Pay Later service for online sellers procuring inventory on its marketplace during the CES show last week. The service is powered by Kabbage, which kicked off the trend of offering loans and […]