PayPal continues to be intrigued with innovative payment methods and on Wednesday the company named Bitcoin expert Wences Casares to its Board of Directors. In the announcement, PayPal CEO Dan Schulman said Casares’ focus on next-generation payment and crypto-currency was Read more
Forthcoming fee changes at PayPal affecting Canadian sellers caused a stir when they were first announced. One discussion at the Etsy forums expressed horror at PayPal’s fee update that will take effect on April 13th. “We have made changes to Section 8.4(b) Read more
Louise Pentland joined PayPal in April as its new General Counsel responsible for PayPal’s compliance with financial and regulatory requirements around the world. And ensuring compliance given the pace of innovation at a company like PayPal is what drew her Read more
After experiencing an account takeover of his PayPal account, security expert and blogger Brian Krebs said the incident demonstrates how most organizations are behind the times in keeping customer accounts safe. Most organizations, including many financial institutions, remain woefully behind Read more
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
