An eBay shareholder who is also a hobby seller spoke out against its feedback system at the company’s annual meeting on Friday. In response, the president of eBay Marketplaces Devin Wenig said the company could do better and revealed it Read more
Online shoppers can pay for purchases with PayPal without entering User IDs and passwords after their first login thanks to the launch of One Touch for Web. PayPal had launched the feature for mobile apps last year, and now it’s Read more
PayPal hired a global strategist in advance of its breakup with eBay later this year. Jonathan Auerbach will serve as Senior Vice President of Strategy and Growth. PayPal President Dan Schulman, who will become CEO after the split, said Auerbach’s Read more
PayPal is updating its User Agreement and Acceptable Use policy in the UK in part because of its pending breakup with eBay – for example, it will continue to place holds on users’ account for disputes arising from eBay’s resolution Read more
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
