PayPal is acquiring a company called Modestso it can capitalize on what it called “contextual commerce.” It pointed to social media sites and their increasing moves to offer visitors instant shopping experiences as the reason – including Buyable Pins that make Read more
PayPal hired a new PR executive to help manage the company’s brand, according to PR Week. Ben Edwards will work to help consumers understand how PayPal can offer safer, simpler, and more affordable ways to manage and move money. He will Read more
PayPal is taking flight as a newly independent company with some help from a former United Airlines executive. John Rainey will join the company as PayPal’s Chief Financial Officer (CFO). Rainey was CFO for United, managing its overall financial strategy Read more
PayPal is putting its recent acquisition of Paydiant to use. Soon you’ll be able to pay for a “footlong” submarine sandwich at Subway using PayPal on your mobile phone or through the restaurant’s website. Paydiant helped build the new Subway Read more
Visa has made a strategic investment in Stripe, a service that has been adopted by many popular ecommerce hosting services as a payment method for merchants. Stripe, founded by brothers from rural Ireland, has raised much funding since its founding Read more
The world’s biggest online shopping day isn’t Black Friday or Cyber Monday – it’s Singles Day in China. PayPal is advising merchants to prepare now if they want to take advantage of the holiday that Alibaba has turned into a Read more
The financial press are saying Square has plans to go public. In writing about the reports, the Wall Street Journal cited “a person familiar with the matter” who said Square has already filed its prospectus confidentially. The move calls to mind PayPal. Read more
While eBay had a lot of explaining to do in the media on Monday about its future direction following its breakup, PayPal appeared to be giddy with excitement about what it called its next chapter. And, it seems, with good Read more
Amazon raised rates of its payment services on July 1st, meaning higher costs for some ecommerce customers – and if chargebacks weren’t already a pet peeve, now they’ve become quite costly for merchants using Amazon Payments. Amazon is also trying Read more
Iconic credit card issuer American Express once asked the public, “What’s in your wallet?” Now that the company has launched an online payment service called Amex Express Checkout, they’re perfectly fine with people leaving those wallets at home. What American Read more
