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Category: Payments

PayPal Speeds Checkout, Smart Receipts Will Help Merchants Upsell

January 25, 2024January 25, 2024 Ina Steiner
PayPal

PayPal’s new CEO Alex Chriss announced new features in a much-hyped video announcement on Thursday that give customers more reasons to shop with PayPal and will help merchants boost conversion and increase post-purchase sales. Chriss, who took over from Dan Read more

PaymentsAlex Chriss, PayPal, PayPal Smart Receipts

PayPal to Unlock Data to Help Merchants by Using AI – Is Digital Currency Also on the Agenda?

January 17, 2024January 17, 2024 Ina Steiner
PayPal

PayPal CEO Alex Chriss joined CNBC’s “Squawk on the Street” host David Faber to reveal more about its Innovation Day on January 25th, which he had teased on Tuesday, inviting followers on LinkedIn to join him for an exclusive preview Read more

News, PaymentsAI, Artificial intelligence, Digital currency, PayPal

PayPal CEO Teases a January 25th Announcement

January 16, 2024January 16, 2024 Ina Steiner
PayPal

PayPal CEO Alex Chriss teased news he said will be coming on January 25th. PayPal will announce a “first look” at what’s coming to market in 2024, he said in a post on LinkedIn using the hashtag #PayPalFirstLook: “25 years Read more

News, PaymentsAlex Chriss, PayPal, Venmo1 Comment

PayPal CEO Dan Schulman’s Goodbye More Poignant after Medical Emergency

September 26, 2023 Ina Steiner
PayPal

Dan Schulman published a farewell post to PayPal employees a day before his last day as CEO. He announced his retirement in February and helped search for his replacement. Last month, PayPal announced Intuit executive Alex Chriss would take the Read more

News, PaymentsDan Schulman, PayPal

Sellers, Check the Contact Information on Your Invoices

September 11, 2023September 11, 2023 Ina Steiner
Stripe payments

A sports reporter who uses Stripe to process payments for her paid newsletter on the Substack platform discovered her phone number and physical address was being published on invoices to her readers without her realizing it. A text from a Read more

News, PaymentsPrivacy, Stripe, Substack

Square Outage Leaves Merchants Unable to Process Payments

September 8, 2023September 11, 2023 Ina Steiner
Square logo

Merchants who use Square to process payments online and in-person were out of luck on Thursday after an outage hit the service. Square communicated with sellers on Twitter, tweeting about 4 hours into the outage, “We are currently experiencing issues Read more

News, PaymentsJack Dorsey, Square, Square outage

PayPal Kills a Key Benefit of Its Business Debit Card

August 18, 2023August 18, 2023 Ina Steiner
PayPal

Users who prefer using their PayPal balance as a partial funding source for certain payments through a special PayPal debit card that earned them cashback learned of some disappointing news this week. They will no longer be able to use Read more

News, PaymentsPayPal, PayPal Business Debit Mastercard2 Comments

PayPal Fee Changes Included in User Agreement Update

August 17, 2023August 17, 2023 Ina Steiner
PayPal

PayPal is changing how it charges sellers for transactions paid using QR codes. PayPal has been sending out the following notice of a change to its user agreement and numerous other legal agreements this week: Hello (Name redacted),We’re making some Read more

News, PaymentsPayPal, PayPal fees, PayPal QR codes, PayPal User Agreement1 Comment

Former eBay CEO Still Wields Influence over PayPal as It Names New CEO

August 14, 2023August 14, 2023 Ina Steiner
PayPal

Nine years ago, former eBay CEO John Donahoe named Dan Schulman head of PayPal prior to the companies’ split in 2015, and in his current role as Chairman of the PayPal Board, Donahoe had a say in naming Schulman’s replacement Read more

News, PaymentsAlex Chriss, Carl Icahn, Dan Schulman, eBay, Elliott Management, Intuit, John Donahoe, PayPal, Scott Cook

PayPal Comes to A Screeching Halt for Some 3P Sites and Plug-ins

June 28, 2023July 1, 2023 Ina Steiner
PayPal

PayPal has been experiencing a technical issue that prevents customers from completing transactions on numerous third-party websites that use PayPal to power their checkout buttons. Operators of websites and plug-ins say the problem began as early as June 20. On Read more

News, PaymentsPayPal, PayPal glitch

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