An eBay seller forwarded an email they received from PayPal about a “Recent Transaction Issue.” PayPal apologized for an error that impacted some transactions between buyers and sellers. “From 4:00 p.m. PDT on April 13 until 6:00 a.m. PDT on Read more
PayPal is facing a lawsuit from federal regulators, according to the Wall Street Journal. The Consumer Financial Protection Board (CFPB) had initiated a probe info Bill Me Later, now known as PayPal Credit, in 2013. PayPal acquired the company in 2008 Read more
Square, known for providing online payment solutions to local businesses and retailers, now offers marketing tools for customers who use Square Register. The suite of “powerful Customer Engagement tools” link your online marketing efforts to sales in the real world, Read more
PayPal sent a notice to merchants who use its service on their websites and storefronts informing them they might have to take action as it works to upgrade various SSL certificates. It explained that over the course of 2015 and Read more
PayPal will pay the U.S. Treasury Department $7.7 million to settle alleged violations of economic sanctions. The Treasury’s Office of Foreign Assets Control announced the settlement for what it called potential civil liability for 486 apparent violations including the Weapons Read more
Square continues to move into PayPal territory, announcing Monday a new way for users to send money to business and to each other – through “cashtags,” a riff on Twitter “hashtags.” The company is best known for its card reader Read more
Facebook’s brand new payment service has several things going for it that might sound appealing to online sellers – first of all, it’s free. Secondly, there’s no risk of chargebacks since senders cannot use credit cards to fund payments. But Read more
Entrepreneur, investor, and and star of ABC’s Shark Tank television program Daymond John appeared in a video promoting PayPal as a safe way to pay for goods and also helped judge a contest for PayPal at the South by Southwest Read more
PayPal is opening a new security center in Israel, it announced on Tuesday as part of a strategic decision to expand its security efforts. “Located in one of the world’s top cybersecurity hubs, this new security center will allow us Read more
Etsy is adding Apple Pay to its Direct Checkout system to encourage mobile sales as it continues to wean itself from dependence on PayPal. Etsy announced on Monday it will soon let mobile shoppers pay for items using Apple’s mobile Read more
