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Category: Payments

PayPal to Lose a Steady Hand with Year-end Departure

June 20, 2019 8:37 pmJune 21, 2019 8:30 am Ina Steiner
PayPal

The word innovation gets thrown around a lot by tech companies, and sometimes it seems decisions are made just for the sake of innovation rather than to pursue realistic opportunities. But PayPal’s Chief Operating Officer […]

News, PaymentsBill Ready, Braintree, PayPal, PayPal executives

eBay Says It’s Joining Cryptocurrency Initiative

June 18, 2019 3:33 pmJune 18, 2019 3:50 pm Ina Steiner
eBay

Last month, eBay said it was not launching a cryptocurrency (“Cryptocurrency is not accepted as a form of payment on the eBay platform, nor is it part of our payments strategy”). Today, it signaled its […]

1 CommentNews, PaymentsCryptocurrency, eBay, Libra

Facebook, PayPal, eBay Among Those behind New Crypto Currency

June 18, 2019 12:50 pmJune 18, 2019 1:29 pm Ina Steiner
Libra

The value of currency is its wide acceptance, and the same is true of virtual currency. That helps explain why so many prominent technology and financial services firms are joining together to launch a new […]

News, PaymentsBitcoin, Cryptocurrency, eBay, Facebook, Libra, PayPal

PayPal Launches Commerce Platform: It’s Not What You Think

June 3, 2019 10:45 amJune 3, 2019 10:45 am Ina Steiner
PayPal

PayPal launched a commerce platform today, but it isn’t competing with eBay (or other marketplaces). Rather, it’s a solution for marketplaces, ecommerce solution providers, and crowdfunding platforms, including Facebook Marketplace and BigCommerce. What’s new is […]

News, PaymentsPayPal, PayPal Commerce Platform

PayPal Wants to Loan You Money as It Surpasses $10 Billion Milestone

May 30, 2019 9:31 amMay 30, 2019 9:31 am Ina Steiner
PayPal

At the same time PayPal was heralding a milestone in lending to small businesses, it was drumming up more business through an email marketing campaign. In a blog post on Wednesday, it announced, “More than […]

3 CommentsNews, Payments, Selling ToolsPayPal, PayPal Business Loan, PayPal Working Capital

Amazon Talks Up Payment Innovations at June Events

May 28, 2019 9:33 pmMay 28, 2019 9:33 pm Ina Steiner
Amazon Pay

Amazon Pay will be speaking about payment innovations at several events next month. Amazon Pay Vice President Patrick Gauthier will be speaking at Money 20/20 Europe in a session titled, “Delivering for the connected consumer […]

1 CommentNews, PaymentsAmazon Pay, Kelly Wenzell, Patrick Gauthier

eBay Is Not Doing Crypto But Facebook Is

May 27, 2019 12:53 pmMay 27, 2019 12:54 pm Ina Steiner
Facebook

eBay recently denied it was planning to launch virtual currency, but Facebook seems increasingly likely to do so. The BBC reported that Facebook had met with the Bank of England on plans to set up […]

Marketplaces, News, PaymentsCryptocurrency, eBay, Facebook, GlobalCoin

PayPal Updates User Agreement Effective July 9th

May 23, 2019 10:45 pmMay 23, 2019 10:46 pm Ina Steiner
PayPal

PayPal is updating its User Agreement effective July 9, 2019. The company highlighted several changes in three categories (buyers, sellers, and sellers with PayPal Website Payments Pro and Virtual Terminal Agreements). The change that looks […]

4 CommentsNews, PaymentsPayPal, PayPal User Agreement

eBay Loses Chief Technology Officer at Critical Time

May 15, 2019 9:28 pmMay 16, 2019 11:52 am Ina Steiner
Steve Fisher

eBay is losing its Chief Technology Officer in 2 days, it announced in a filing with the SEC on Wednesday. (See update below.) “On May 15, 2019, eBay Inc. announced that Steve Fisher, Senior Vice […]

8 CommentsMarketplaces, News, PaymentseBay executives, Steve Fisher

PayPal Invests in Product-Returns Service

April 25, 2019 2:39 pmApril 25, 2019 11:03 pm Ina Steiner
PayPal

PayPal invested in Happy Returns, a company that helps retailers manage their returns. PayPal’s participation in the $11 million financing round shows the magnitude of the challenge in dealing with returns, especially for online merchants. […]

1 CommentNews, Payments, Selling ToolsHappy Returns, PayPal, Returns

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