eBay is now banning sellers from offering PayPal rivals ProPay and Skrill as payment methods on its marketplace. The move comes the same day PayPal raised fees for merchants processing over $3,000/month in payments – a 32% increase for higher Read more
PayPal is acquiring a company called Modestso it can capitalize on what it called “contextual commerce.” It pointed to social media sites and their increasing moves to offer visitors instant shopping experiences as the reason – including Buyable Pins that make Read more
PayPal hired a new PR executive to help manage the company’s brand, according to PR Week. Ben Edwards will work to help consumers understand how PayPal can offer safer, simpler, and more affordable ways to manage and move money. He will Read more
PayPal is taking flight as a newly independent company with some help from a former United Airlines executive. John Rainey will join the company as PayPal’s Chief Financial Officer (CFO). Rainey was CFO for United, managing its overall financial strategy Read more
PayPal is putting its recent acquisition of Paydiant to use. Soon you’ll be able to pay for a “footlong” submarine sandwich at Subway using PayPal on your mobile phone or through the restaurant’s website. Paydiant helped build the new Subway Read more
The world’s biggest online shopping day isn’t Black Friday or Cyber Monday – it’s Singles Day in China. PayPal is advising merchants to prepare now if they want to take advantage of the holiday that Alibaba has turned into a Read more
While eBay had a lot of explaining to do in the media on Monday about its future direction following its breakup, PayPal appeared to be giddy with excitement about what it called its next chapter. And, it seems, with good Read more
Woot’s founder has done it, Etsy welcomes its sellers to do it, and the owners of a historic Scottish traditional-weaving mill is doing it. We’re talking about crowdfunding and it’s all the rage, so much so that PayPal has posted Read more
eBay sellers are asking, who is Richard Brezovec after his name began showing up on their PayPal statements on Wednesday. “My shipping labels are showing payment to this person’s name! What the heck,” a seller wroteon the eBay forums. Other sellers Read more
PayPal announced Wednesday it will acquire Xoom Corporation, an international money transfer service that lets U.S. customers send money abroad. PayPal will pay $25 per share in cash, or an approximate $890 million enterprise value – 32% higher than Xoom’s Read more
