PayPal has big plans for helping merchants worldwide and shared its vision at a media event on Thursday. The news coming out of its “Commerce: Rewired” event includes a new partnership with ecommerce platform Bigcommerce and with Chinese financial firm Read more
Sellers are caught in the middle of two companies, Etsy and PayPal, and have said they’ve gotten few answers over missing funds. EcommerceBytes has been following the problem since May 12th and has also received cryptic answers from the two Read more
PayPal had never achieved a profitable quarter when it began trading on the NASDAQ stock exchange in February 2002. It reported a profit for the first time that quarter (Q1 2002), when it earned $48.8 million in revenue – up Read more
eBay CEO John Donahoe will serve as Chairman of the Board for PayPal following the separation of the two companies, but he faces criticism in his role as director on another company’s board. The Wall Street Journal reported Thursday that two influential Read more
Etsy passed along a message from PayPal in a discussion thread about missing payments from sellers’ accounts. PayPal said the problem was resolved, but refused to disclose if the problem was on its end. For well over a week, some Read more
PayPal is continuing to make preparations for becoming an independent company once it breaks up with eBay. This week, it sent an email to its users informing them of changes to its policies. As the payments service explained in its Read more
An eBay shareholder who is also a hobby seller spoke out against its feedback system at the company’s annual meeting on Friday. In response, the president of eBay Marketplaces Devin Wenig said the company could do better and revealed it Read more
Online shoppers can pay for purchases with PayPal without entering User IDs and passwords after their first login thanks to the launch of One Touch for Web. PayPal had launched the feature for mobile apps last year, and now it’s Read more
PayPal hired a global strategist in advance of its breakup with eBay later this year. Jonathan Auerbach will serve as Senior Vice President of Strategy and Growth. PayPal President Dan Schulman, who will become CEO after the split, said Auerbach’s Read more
PayPal is updating its User Agreement and Acceptable Use policy in the UK in part because of its pending breakup with eBay – for example, it will continue to place holds on users’ account for disputes arising from eBay’s resolution Read more
