PayPal experienced an outage on Cyber Monday, the second day in a row during what is the busiest time of year for most online merchants. The problem began after 8:30 am ET and appeared to be over within an hour. Read more
It was a big day for PayPal on Wednesday (and presumably for Carl Icahn) when the payments firm announced its first quarterly earnings since splitting from eBay in July. Icahn was the investor who pushed for the breakup – but Read more
PayPal is launching a program in which it will pick up the cost of return shipping if a shopper is unhappy with their purchase. “Return Shipping on Us” is a program in which PayPal refunds return shipping costs to consumers Read more
Etsy is making its own checkout system mandatory for all new shops, whether they’re opened by new sellers or by existing sellers wishing to expand or diversify. That means sellers who want to use their own PayPal account in new Read more
eBay named the former president of the Gap to its Board of Directors, while PayPal faced one of the challenges of being a public company. Paul Pressler was President and CEO of Gap Inc. and spent 15 years in senior Read more
PayPal scored a big win by getting Macy’s to accept its online payment service – and the retailer will accept PayPal not only online and on mobile, but in-store as well. It’s particularly notable since Macy’s hadn’t previously accepted PayPal Read more
PayPal will no longer allow users to accept P2P payments sent from Puerto Rico, it informed users, as the U.S. territory faces a dire financial crisis. “Person to person payments will not be available for payments sent from Puerto Rico after Read more
Etsy’s Senior Manager of Payment Operations responded to concerns over the company’s decision to add PayPal to its Direct Checkout payment option. Sellers now have no way to exclude PayPal if they want the benefits that Direct Checkout affords them. However, there’s Read more
PayPal rival Skrill, formerly called Moneybookers, has been providing online payment solutions to the gambling industry for over 10 years. Now it looks like PayPal wants a piece of the action in the U.S., where it had prohibited its service Read more
PayPal has launched a new way for accountholders to get paid. You don’t have to give people your email address or send them to a page with a shopping cart in order to get paid – now you can create Read more
