PayPal hired a Chief Marketing Officer and added a new member to its board of directors. As Executive Vice President and Chief Marketing Officer, Allison Johnson will lead strategic marketing for PayPal and its family of brands around the world Read more
Alibaba debuted its Pay Later service for online sellers procuring inventory on its marketplace during the CES show last week. The service is powered by Kabbage, which kicked off the trend of offering loans and financing to online sellers nearly Read more
In a letter to employees, PayPal CEO Dan Schulman revealed his priorities for the payments firm formerly owned by eBay. Not surprisingly, mobile was at the top of the list, and Schulman also reminded employees of PayPal’s mission: “democratizing financial Read more
Online payment services have gotten into small-business lending through working capital loans, but did you know ecommerce payments giant PayPal also offers a more traditional flavor of lending? A reader forwarded us a marketing email PayPal has been sending online Read more
PayPal will help merchants in Germany with financing by expanding its Working Capital program, already available in the US, UK, and Australia. PayPal Businesskredit allows businesses to get a working capital loan – and because PayPal is the payment processor Read more
PayPal implied eBay’s launch of managed payments is flawed because it doesn’t include PayPal as a payment option in its initial incarnation. It was no coincidence that two days before its quarterly earnings, PayPal released a study that showed shoppers Read more
PayPal saw healthy volume growth in the third quarter ended September 30, 2018. It’s too early to see any impact eBay’s managed payments may have on its business, as eBay only began rolling out its early launch to a small Read more
PayPal is raising one of its withdrawal fees for personal accounts. It costs nothing to withdraw funds to a linked bank account, and that won’t change. But PayPal also offers a faster way to withdraw using debit cards that currently Read more
eBay published an interview with eBay seller Danny Hone of HoneVille about his experience using its new managed payments (MP). eBay has received some pushback from sellers about the lack of critical features in its initial rollout of MP, including Read more
PayPal announced a collaboration with retail giant Walmart that gives “cash in, cash out” capabilities to PayPal customers. Beginning in November, people will be able to move money in and out of their PayPal accounts when visiting a Walmart retail Read more
