PayPal will open a global operations center in North Carolina in the fall. It will create 400 jobs including positions in customer service, risk operations, engineering, and technology. PayPal Senior Vice President of Global Operations John McCabe said in a Read more
PayPal users have been experiencing technical issues for the last 2 weeks culminating in a major glitch on Thursday when payments seemed to become lost in cyberspace for most of the day. Buyers could provide a transaction number showing they Read more
Stories about shoppers defrauded online crop up every day, and PayPal is often featured – sometimes portrayed as the good guy, sometimes as part of the problem. Witness the headline, “Scam of the Week: How PayPal could be risky business” Read more
The world of selling to people in their homes has evolved from getting a paper catalog, mailing in an order, and waiting days or weeks for deliveries, to a pace where one-click ordering and same day delivery represent viable options. Read more
PayPal is keeping busy – it launched a new marketing campaign called New Money that kicked off with a Super Bowl TV ad earlier this month, and last week it announced it had redesigned its mobile app. This week at the Read more
PayPal is inviting online merchants to try its new “contextual commerce” tools that let sellers add PayPal buy buttons directly into emails, social shares, and other places where sellers are trying to reach buyers. PayPal is currently beta testing the Read more
PayPal is losing its Chief Technology Officer James Barrese, who is stepping down “to take time off.” Barrese will remain with PayPal for a time to ensure a smooth transition. PayPal named Sri Shivananda his replacement – he will take Read more
PayPal has fixed a security hole that could have allowed fraudsters to hijack production systems. The vulnerability could have allowed attackers to install a backdoor on PayPal, according to PC World. The magazine described how Michael Stepankin, a bug bounty hunter, Read more
A few months before eBay split with PayPal, former CEO John Donahoe implied Amazon might be interested in offering PayPal on its marketplace. But 6 months after the eBay-PayPal breakup, Amazon quashed the idea. Amazon Executive Patrick Gauthier told Cneton Monday, Read more
eBay and PayPal CEOs were positive about their respective companies’ outlook at the World Economic Forum meeting in Davos this week, where they were surrounded by fear and pessimism due to economic conditions and concern over oil prices. It’s always Read more
