In the two months since eBay invited some sellers to participate in its initial launch of “managed payments” that is scheduled to begin this month, eBay has provided additional information about the program, although questions remain. eBay is taking over Read more
PayPal updated its mobile app to make it easier and simpler, according to the company. Not surprisingly, PayPal said the most popular features of the app remain sending and requesting money, so it moved the Send and Receive money buttons Read more
Bonanza is integrating with Stripe to allow sellers to seamlessly offer credit card payments. However, only sellers with Gold membership or higher will be allowed to offer checkout with Stripe, at least initially. Currently all Bonanza sellers can continue to Read more
PayPal grew revenue 23% to $3.86 billion in the second quarter of 2018, the company announced on Wednesday, growing total active accounts to 244 million, up 18%. It grew payment transactions by 28% to 2.3 billion and total payment volume Read more
Buyers may be able to pay for eBay purchases using Apple Pay beginning this fall, eBay announced this morning. eBay is making a change to how buyers pay for goods, replacing PayPal with Adyen as its primary payments processing partner Read more
PayPal invested in PPRO Group so that it can “bring the benefits of alternative payment method acceptance to even more businesses around the world.” PPRO Group calls itself a cross-border e-payment specialist. The UK-based firm explains on its website that Read more
PayPal completed its deal with Synchrony it had announced last November, selling Synchrony its consumer credit receivables. PayPal said the deal with Synchrony will help it enrich and expand its consumer credit offerings. When the deal was announced last fall, Read more
PayPal launched the new PayPal Checkout with Smart Payment Buttons offering today. It is designed to boost conversions by presenting relevant payment methods, including PayPal, Venmo, PayPal Credit. It also provides merchants with insights about their customers: Shopper Insights will Read more
PayPal is acquiring risk management platform Simility for $120 million in cash after investing in the company last year. It will help PayPal merchants avoid fraud. It is the latest in a string of acquisitions by PayPal over the past Read more
eBay and PayPal extended their consumer-credit relationship, PayPal announced on Tuesday, meaning eBay will continue to accept and promote PayPal Credit on its Marketplace platform. The two companies broke up in 2015, and eBay will begin testing its own payment Read more
