Etsy has run out of its new card readers that allows sellers to process payments in-person using the device with their smartphones. The company reported an “overwhelmingly positive” response to the Sell on Etsy Reader. Since its launch in October, Read more
Merchants who use PayPal on their websites need to take action, as PayPal will end support for SSL v3 on December 3, 2014. PayPal Chief Technology Officer James Barrese posted a message for sellers on the PayPal blog, letting them Read more
PayPal’s Braintree unit is launching a new instant sign-up flow for online merchants based in Europe. Braintree is targeted at developers, enabling web and mobile payments. It also offers a mobile application called Venmo that gives people an easy way Read more
Cash is king in Russia, so eBay and PayPal “have combined to launch a new payment service” on eBay in Russia in association with QIWI, which operates self-service terminals to help Russian consumers buy online as if using cash. eBay Read more
The holiday shopping season kicks off well before Halloween, according to PayPal – and that’s nothing new, the eBay unit says. For the third consecutive year, the U.S. holiday shopping season kicked off on September 30th. How does it know? Read more
Etsy launched a payments card reader to let its sellers accept credit and debit card payments processed in person at offline venues such as flea markets and craft shows. It can also record cash sales. But make no mistake – Read more
President Obama on Friday unveiled a series of steps aimed at improving the security of credit- and debit-card payments, including a pledge to shift government transactions over to the PIN and chip system and commitments from major retailers and credit Read more
PayPal warned merchants that its fix for a new security vulnerability may cause problems for shoppers trying to Pay for items on their websites. PayPal’s Chief Technology Officer James Barrese took to the company’s blog to address a new vulnerability Read more
A tweet from developer and Stanford student Andrew Aude caught the attention of TechCrunch and others when he posted, “@Facebook Messenger has P2P payments coming. @SquareCash style.” Facebook gave away its intentions when it hired David Marcus away from PayPal in June, Read more
Can a new $10 million fund help create some “killer apps” for online payment service Stripe? One of its investors, venture capital firm General Catalyst, is banking on a larger ecosystem to extend Stripe by launching the GC Stripe Platform Read more
