Israeli press are reporting PayPal made another acquisition, this one a “predictive cyber security company.” According to Globes.co.il, it’s PayPal’s second acquisition of an Israeli firm. When asked to confirm the acquisition of CyActive, a PayPal spokesperson told EcommerceBytes, “We Read more
PayPal has been held back by eBay, its president said during a presentation to Wall Street on Wednesday. Dan Schulman was giving a sales pitch to investors, outlining PayPal’s skill sets and advantages as it readies to stand alone after Read more
Mobile payments got serious attention with the launch of Apple Pay, and PayPal is not sitting idly by. Dan Schulman announced his first acquisition as PayPal President, a Boston company called Paydiant that is working on an alternative to Apple’s Read more
While eBay and online sellers are only too familiar with the problem of bad buyers, a new academic paper seeks to shed light on what it calls a common but little known type of fraud, which it dubbed “liar buyer Read more
You can now send funds to the federal government using PayPal or Dwolla. The U.S. Department of the Treasury is moving away from paper payments and announced that its digital wallet Pay.gov now offers both PayPal and Dwolla as payment Read more
The White House is urging small online sellers and other businesses to bolster the security of their payments systems, part of a broader push the administration is making to improve the cybersecurity posture of the private sector. On Friday, President Read more
PayPal is raising fees in Australia, it warned sellers through a post on eBay’s announcement board on Tuesday. The standard domestic rate will increase from 2.4% plus 30 cents to 2.6% plus 30 cents. That means its smallest sellers will Read more
PayPal is facing new kinds of challenges overseas as it counts on BRIC countries for growth. BRIC stands for Brazil, Russia, India and China, and eBay Inc. has been making a big deal about the opportunities they provide over the past few Read more
PayPal co-sponsored an event on online authentication – not product authentication with which merchants are familiar, but rather, the process by which websites authenticate users when they log in to their systems. It used the event to introduce the FIDO Read more
PayPal has partnered with eBay rival Yahoo Small Business, the ecommerce and local-marketing arm of search giant Yahoo. The two are collaborating to help small retailers sell and process payments online. The head of PayPal North American Distribution Stephen Fusco Read more
