PayPal is inviting online merchants to try its new “contextual commerce” tools that let sellers add PayPal buy buttons directly into emails, social shares, and other places where sellers are trying to reach buyers. PayPal is currently beta testing the Read more
PayPal is losing its Chief Technology Officer James Barrese, who is stepping down “to take time off.” Barrese will remain with PayPal for a time to ensure a smooth transition. PayPal named Sri Shivananda his replacement – he will take Read more
Visa on Thursday unveiled a major new initiative to open its products and services to application developers, promising that merchants and other customers and partners will be able to build customized apps tailored for their businesses running on the firm’s Read more
A few years ago, if you were told two ecommerce giants were going to both be running television ads during the Super Bowl, your thoughts might turn to Amazon and eBay. This year, Amazon is running its very first Super Read more
PayPal has fixed a security hole that could have allowed fraudsters to hijack production systems. The vulnerability could have allowed attackers to install a backdoor on PayPal, according to PC World. The magazine described how Michael Stepankin, a bug bounty hunter, Read more
PayPal agreed to settle a class action lawsuit involving its practice of account holds, but many sellers may miss out on receiving their share of the $4 million settlement fund, for several reasons. PayPal users receive an enormous amount of Read more
PayPal reported a stronger fourth-quarter performance than its former owner eBay after the breakup last year. It grew revenue 21 percent FX-neutral to $2.6 billion, and it announced a $2 billion stock repurchase program. In a press release, PayPal CEO Read more
A few months before eBay split with PayPal, former CEO John Donahoe implied Amazon might be interested in offering PayPal on its marketplace. But 6 months after the eBay-PayPal breakup, Amazon quashed the idea. Amazon Executive Patrick Gauthier told Cneton Monday, Read more
A class action lawsuit that has been dragging on since 2010 and that has seen its share of complications is coming to a close. Zepeda vs. PayPal deals with the unpopular practice of holds that PayPal placed on sellers’ funds. Read more
PayPal continues to be intrigued with innovative payment methods and on Wednesday the company named Bitcoin expert Wences Casares to its Board of Directors. In the announcement, PayPal CEO Dan Schulman said Casares’ focus on next-generation payment and crypto-currency was Read more
