PayPal provided us with some clarification on the duplicate 1099Ks some Etsy sellers received this month. PayPal and other payment providers are required to send Form 1099K to sellers and to the IRS showing the amount they processed on the Read more
PayPal launched its PayPal Here card reader in 2012, allowing sellers to accept in-person payments by connecting the swiper to their smartphones. Today it launched new two new card readers with up-to-date technology: the Swipe reader and the Chip and Read more
Online sellers are being swept up in new confusion this year over Form 1099K as they prepare to file their income tax with the IRS and their state departments of revenue. New laws targeting income tax evaders are impacting small Read more
PayPal CEO Dan Schulman took to the corporate blog on Thursday to praise users for their charitable giving. People donated over $1 billion to charities and non-profits during the holiday season (Nov. 27 – Dec. 31, 2017), he revealed. “This Read more
PayPal UK has published an ebook, “How to sell like Christmas all year round,” and is making it available on its website at no charge. Between one fifth and one third of UK retail sales occur in the lead up Read more
PayPal is running a promotion that rewards users for making a big-ticket purchase. Users who register for the promotion and spend $100 on a single transaction using PayPal by December 15, 2017, will receive a $10 reward in their account Read more
Sellers can send PayPal invoices via Facebook, opening up new possibilities for getting paid quickly online or in person – even at a yard sale, PayPal announced on Tuesday. Sellers can send invoices to customers while chatting with them on Read more
PayPal is letting users link their accounts to the Acorns investment app, and in doing so, the company is gaining greater access to information about user behavior in an age where data is currency and fuels artificial intelligence technology. The Read more
PayPal, which has offered consumer financing since 2008, is selling $6.8 billion in receivables to Synchrony Financial, with which it is expanding its consumer credit relationship. The Wall Street Journal called it a long-awaited deal that will give PayPal significant Read more
PayPal launched a new solution for marketplaces and ecommerce platforms. A PayPal spokesperson told EcommerceBytes: “PayPal for Marketplaces is a new payments solution designed specifically for marketplaces and crowdfunding platforms where people buy and sell goods and services or raise Read more
