PayPal is acquiring a company called Hyperwallet, which it calls “a leading global payout platform.” Or as the company says on its website, “Go global, pay local.” While it’s relatively easy to pay employees, service providers, and others in your Read more
eBay will begin testing a new payments system in July and shuffled some managers overseeing technology to help prepare for the impact on eBay’s platform. eBay appointed Steve Fisher, its current Chief Technology Officer (CTO), its new Senior Vice President Read more
Discogs is going down the same path as Etsy and eBay by becoming a payments intermediary, and will use the same payments processor to power Discogs Payments that eBay chose. Discogs is known for its user-created catalog of “physical” music Read more
PayPal has acquired Jetlore, an ecommerce service that helps retailers offer personalized search results using “Predictive Ranking,” which matches each customer’s unique preferences directly to inventory in real time. The acquisition is an effort to grow PayPal Marketing Solutions, which Read more
PayPal is turning to an acquisition for growth, betting on international and in-store opportunities. On Thursday it announced it had agreed to acquire iZettle, allowing it to expand offerings in 12 markets while adding in-store capabilities in 11 markets and Read more
Amazon users can now load up their account balance by adding cash at a Coinstar kiosk. Here’s the pitch to buyers: “Want to shop on Amazon.com without a credit or debit card? Now you can add cash to your Amazon Read more
Norah Coelho, PayPal UK’s Director of Business Financing, took to the corporate blog last week to share the news of a milestone reached by its PayPal Working Capital program. PayPal launched the program in the UK in 2014 and has Read more
Amazon is going after the business customer and has decided to broaden selection for Amazon Business customers by bringing third-party sellers along – but with a major change that could mean deferred payment for some orders. Amazon Business extends credit Read more
PayPal said it converts shoppers into buyers better than other payment methods citing recent research. A comScore study found PayPal Checkout converts at 88.7 percent, which was 82 percent higher than a checkout without PayPal (including other digital wallets and Read more
PayPal said Wednesday its revenue grew 22% year-over-year in the first quarter of 2018 on a foreign-exchange (fx)-neutral basis, reaching $3.69 billion. The payments firm indicated to Wall Street analysts it was doing fine nearly three years after splitting from Read more
