Ecommerce Industry News
PayPal is updating its User Agreement, effective July 31, 2020, which we wrote about on June 19th on the AuctionBytes Blog (“PayPal Makes Major Changes Impacting Sellers“). We called out a new provision that makes […]
Dirty, germy cash is out, touch-free QR codes are in. You don’t have to touch “dirty” money when selling in-person thanks to a new feature from PayPal. Whether you’re selling through Facebook Marketplace, at farmers […]
PayPal can now issue small-business loans through the government’s SBA PPP program. These are Small Business Administration loans that help businesses keep their workforce employed during the coronavirus (COVID-19) crisis. SBA PPP stands for Small […]
Mistakes happen, but when they are made on tax reports filed with the IRS, it’s important that they are corrected to ensure you don’t overpay or potentially lead to an audit. A reader told us […]
PayPal sent an email to business customers to inform them of upcoming enhancements to their accounts – in a nutshell, advising them of the availability of tools and ways to access those tools more easily. […]
You may have known that online marketplace Bonanza accepts PayPal (and has for many years), but you may not have realized that PayPal conducts marketing email campaigns for Bonanza, which is a rival of PayPal’s […]
PayPal grew revenue 18% year-over-year in the fourth quarter of 2019 (foreign currency-neutral), it announced on Wednesday. The number of payment transactions in the quarter – 3.5 billion – was up 21% year over year. […]
PayPal made more inroads in China, announcing on Wednesday a partnership with UnionPay International. The companies said they will work together to accelerate the growth of their mutual networks. PayPal has committed to supporting UPI […]
Two big do-good announcements came from PayPal this week – it’s helping charities and fighting crime. On Thursday, PayPal announced it processed a record $10.3 billion in donations to charities around the world in 2019. […]
PayPal expanded its international reach through a new agreement with MercadoLibre, one of the largest online commerce and payments ecosystems in Latin America. PayPal CEO Dan Schulman made the announcement in a post on LinkedIn […]