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
Forthcoming fee changes at PayPal affecting Canadian sellers caused a stir when they were first announced. One discussion at the Etsy forums expressed horror at PayPal’s fee update that will take effect on April 13th. “We have made changes to Section 8.4(b) Read more
Louise Pentland joined PayPal in April as its new General Counsel responsible for PayPal’s compliance with financial and regulatory requirements around the world. And ensuring compliance given the pace of innovation at a company like PayPal is what drew her Read more
After experiencing an account takeover of his PayPal account, security expert and blogger Brian Krebs said the incident demonstrates how most organizations are behind the times in keeping customer accounts safe. Most organizations, including many financial institutions, remain woefully behind Read more
Etsy issued two important reminders to sellers this week. One message deals with how it will disburse payments to sellers during the holidays (expect delays), the other is a reminder about a new policy involving PayPal and Etsy’s payment processing Read more
PayPal will run its first Super Bowl commercial during the February 7, 2016, football game’s first quarter. PayPal’s Vice President of Global Brand Marketing Greg Fisher made the announcement on Tuesday. Super Bowl ads are traditionally kept secret until they Read more
What sets PayPal apart from other online payment methods is its peer-payment feature, as well as its stored-value capability, but Google Wallet has now introduced a way for its users to send payments to anyone using just the recipient’s phone Read more
PayPal experienced an outage on Cyber Monday, the second day in a row during what is the busiest time of year for most online merchants. The problem began after 8:30 am ET and appeared to be over within an hour. Read more
Online shoppers were unable to pay for items on eBay and other ecommerce sites early Sunday morning due to an outage at PayPal. Attempts to pay or login to the PayPal website resulted in error messages, with many users reporting Read more
