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Category: Payments

PayPal Advises Etsy Sellers on Dupe 1099K Tax Forms

February 8, 2018February 8, 2018 Ina Steiner
PayPal

PayPal provided us with some clarification on the duplicate 1099Ks some Etsy sellers received this month. PayPal and other payment providers are required to send Form 1099K to sellers and to the IRS showing the amount they processed on the Read more

News, Payments, Tax and Legal Issues1099K, PayPal

PayPal Launches New Card Readers for In-Person Purchases

February 7, 2018 Ina Steiner
PayPal Here card readers

PayPal launched its PayPal Here card reader in 2012, allowing sellers to accept in-person payments by connecting the swiper to their smartphones. Today it launched new two new card readers with up-to-date technology: the Swipe reader and the Chip and Read more

News, PaymentsPayPal, PayPal card reader, PayPal credit card reader, PayPal Here

Tax Season for Sellers Is Complicated by New Wrinkles

February 7, 2018February 8, 2018 Ina Steiner
Taxes

Online sellers are being swept up in new confusion this year over Form 1099K as they prepare to file their income tax with the IRS and their state departments of revenue. New laws targeting income tax evaders are impacting small Read more

News, Payments, Tax and Legal Issues1099K, Etsy, PayPal, Taxes1 Comment

Volusion Lets Sellers Accept Apple Pay Payments

January 31, 2018 Ina Steiner
Volusion

Volusion has integrated with Apple Pay, allowing merchants on its ecommerce platform to accept the payment method for transactions. Press release follows: Volusion, the only all-in-one e-commerce platform on the market built specifically for the needs of small businesses, today Read more

News, Payments, Selling ToolsApple Pay, Volusion

Zelle Payments App Advertises in Movie Theatres

January 29, 2018 Ina Steiner
Zelle payments app

A reader told us he was at the movies last night and saw a preview ad for a payment service called Zelle. “I love when EcommerceBytes does compare and contrast on anything in the ecommerce field. I am getting so Read more

News, PaymentsEarly Warning Services, Payments, Zelle

Stripe Payments Ends Support for Bitcoin

January 25, 2018 Ina Steiner
Stripe payments

Stripe announced it is ending support for Bitcoin payments. In a blog post this week, Product Manager Tom Karlo said Bitcoin’s evolution has made it less useful for payments and better suited to being an asset rather than a means Read more

News, PaymentsBitcoin, Stripe

Record-Breaking Donations Highlight the Power of PayPal

January 11, 2018 Ina Steiner
PayPal Offers Cash Advances to Workers Impacted by Government Shutdown

PayPal CEO Dan Schulman took to the corporate blog on Thursday to praise users for their charitable giving. People donated over $1 billion to charities and non-profits during the holiday season (Nov. 27 – Dec. 31, 2017), he revealed. “This Read more

News, PaymentsDan Schulman, PayPal

Is Amazon Alexa and Voice Shopping Behind the New Google Pay?

January 8, 2018January 9, 2018 Ina Steiner
Google Pay

Google took a page out of Amazon’s marketing book by consolidating its Android Pay and Google Wallet payments services into one brand on Monday: Google Pay. With Amazon’s Alexa technology enabling voice shopping through the Echo smart speaker, Google could Read more

News, PaymentsAmazon Alexa, Android Pay, Google Assistant, Google Pay, Google Wallet, Voice shopping

China Payments Firm Runs into US Roadblock

January 4, 2018 Ina Steiner
MoneyGram

It was supposed to make buying and selling across borders easier, but the merger between US money-transfer firm MoneyGram and China’s Alipay parent Ant Financial has been nixed. However, the two companies will work together on new strategic initiatives in Read more

News, PaymentsAlipay, AliPay. Moneygram, Ant Financial, M and A, MoneyGram

PayPal Writes eBook on Selling

January 2, 2018 Ina Steiner
PayPal

PayPal UK has published an ebook, “How to sell like Christmas all year round,” and is making it available on its website at no charge. Between one fifth and one third of UK retail sales occur in the lead up Read more

News, Payments, Selling ToolsPayPal

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