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Category: Payments

Facebook Payments Unit Rebrands as Novi

October 29, 2021October 29, 2021 Ina Steiner
Facebook

Former eBay executive David Marcus, who served as President of PayPal and landed at Facebook in 2014, announced the social media company is rebranding its payments division to Novi. The move comes at the same […]

Marketplaces, News, PaymentsFacebook, Facebook Pay, Novi

PayPal and Amazon Face Scrutiny over Payments

October 21, 2021October 25, 2021 Ina Steiner

What are online payment services up to? Not just PayPal and Square, but offerings from the likes of Amazon, Google, and Facebook? Some “tech” companies are acting more like financial institutions – such as banks […]

News, PaymentsAmazon, Apple, CFPB, Consumer Financial Protection Bureau, Facebook, Google, Payments, PayPal, Rohit Chopra, Square

Expecting a Holiday Sales Surge? PayPal Wants to Know

October 19, 2021October 19, 2021 Ina Steiner
PayPal

PayPal is ready for the holiday shopping season, but it issued a special bulletin on Tuesday advising businesses to share information about expected volume surges. Those who signed up for PayPal Status updates regularly receive […]

News, PaymentsPayPal

PayPal Partners with Staples to Foster Happy Returns

October 3, 2021October 3, 2021 Ina Steiner
PayPal

PayPal is partnering with retail chain Staples to make returns easier for buyers and merchants. “This is the first announcement from Happy Returns since becoming part of PayPal earlier this year,” a spokesperson told EcommerceBytes, […]

News, PaymentsHappy Returns, PayPal, Returns

PayPal to Purchase the ‘Buy Now, Pay Later’ Service Paidy

September 7, 2021September 7, 2021 Ina Steiner
PayPal

PayPal will acquire a “Buy Now, Pay Later” service in Japan called Paidy in the fourth quarter for $2.7 billion, the company announced today (September 7). Paidy’s payment services allow Japanese shoppers to make purchases […]

News, PaymentsBuy Now Pay Later, Paidy, PayPal

PayPal Expands Prohibited Activities and Other UA Changes

August 29, 2021 Ina Steiner
PayPal

PayPal is making changes to its User Agreement effective September 21, 2021, and users should carefully scrutinize the notice to see how the changes may impact them. PayPal said it is expanding the existing list […]

3 CommentsNews, PaymentsPayPal, PayPal User Agreement

Did You Know eBay May Hold Funds of ‘Low Volume’ Sellers?

August 29, 2021August 29, 2021 Ina Steiner
eBay

Is eBay holding your funds because you are a “casual” seller? Here’s what it doesn’t say in the fine print. Did you know that if you are a low-volume seller on eBay, the company may […]

8 CommentsMarketplaces, News, PaymentseBay, eBay managed payments, eBay payment holds, eBay payments

PayPal Offers Cryptocurrency Service in the UK

August 23, 2021August 23, 2021 Ina Steiner
PayPal

PayPal has made yet another move in the cryptocurrency arena – it launched a new service allowing UK customers to buy, hold and sell cryptocurrency with PayPal (note that terms apply). PayPal is offering customers […]

News, PaymentsCryptocurrency, PayPal

PayPal Eliminates Late Fees for Buy Now – Pay Later Service

August 18, 2021 Ina Steiner
PayPal

PayPal offers an enticement for customers by allowing them to “buy now, pay later,” and on Wednesday, it made the offering more attractive by eliminating late fees. PayPal announced it will no longer charge late […]

News, PaymentsBuy Now Pay Later, PayPal, PayPal Pay in 4

PayPal Plays to the Crypto Crowd

August 11, 2021August 11, 2021 Ina Steiner
PayPal

Like many other companies, PayPal is trying to capitalize on the interest in the ever evolving world of cryptocurrency while also keeping risks to its bottom-line in line. The latest initiative targets holders of its […]

1 CommentNews, PaymentsCrypto on Venmo, Cryptocurrency, PayPal, Venmo, Venmo credit card

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