Ecommerce Industry News
PayPal invested in PPRO Group so that it can “bring the benefits of alternative payment method acceptance to even more businesses around the world.” PPRO Group calls itself a cross-border e-payment specialist. The UK-based firm […]
PayPal completed its deal with Synchrony it had announced last November, selling Synchrony its consumer credit receivables. PayPal said the deal with Synchrony will help it enrich and expand its consumer credit offerings. When the […]
PayPal launched the new PayPal Checkout with Smart Payment Buttons offering today. It is designed to boost conversions by presenting relevant payment methods, including PayPal, Venmo, PayPal Credit. It also provides merchants with insights about […]
PayPal is acquiring risk management platform Simility for $120 million in cash after investing in the company last year. It will help PayPal merchants avoid fraud. It is the latest in a string of acquisitions […]
eBay and PayPal extended their consumer-credit relationship, PayPal announced on Tuesday, meaning eBay will continue to accept and promote PayPal Credit on its Marketplace platform. The two companies broke up in 2015, and eBay will […]
PayPal is acquiring a company called Hyperwallet, which it calls “a leading global payout platform.” Or as the company says on its website, “Go global, pay local.” While it’s relatively easy to pay employees, service […]
PayPal has acquired Jetlore, an ecommerce service that helps retailers offer personalized search results using “Predictive Ranking,” which matches each customer’s unique preferences directly to inventory in real time. The acquisition is an effort to […]
PayPal is turning to an acquisition for growth, betting on international and in-store opportunities. On Thursday it announced it had agreed to acquire iZettle, allowing it to expand offerings in 12 markets while adding in-store […]
Norah Coelho, PayPal UK’s Director of Business Financing, took to the corporate blog last week to share the news of a milestone reached by its PayPal Working Capital program. PayPal launched the program in the […]
PayPal said it converts shoppers into buyers better than other payment methods citing recent research. A comScore study found PayPal Checkout converts at 88.7 percent, which was 82 percent higher than a checkout without PayPal […]