After a rumor surfaced that Alibaba’s new U.S. marketplace 11 Main might be considering dropping PayPal as a payment method, we checked in with company spokesperson Abbygail Reyes. Her response to our inquiry: “11 Main enables consumers to use credit cards directly Read more
eBay demonstrated yet again it can’t ignore a mobile device simply because it’s from a rival. Amazon’s new smartphone, called the Fire, just became available to consumers, and PayPal is ready with a mobile app. The move follow’s eBay’s launch of its Read more
After redesigning its logo and then its homepage earlier this year, PayPal has began rolling out a new “user experience,” which it announced last month in a post on the PayPal blog. But some sellers expressed confusion over the new design and functionality as Read more
There’s nothing like getting money into one’s hands faster, and PayPal is working on a program to make that a reality for customers such as online merchants who use the service to process their payments. PayPal launched a pilot program Read more
eBay sellers who use PayPal debit cards said over the weekend that the company sent them emails showing they were being shortchanged half a percent for purchases made in June. Sellers use the debit cards in order to get cashback Read more
Google had more to say about smart watches at its Google I/O developers conference on Wednesday and officially released the Android Wear SDK. The webosphere lit up with photos of smart watches from attendees. For years now, “mobile” has been Read more
VentureBeat says eBay executives fired PayPal president David Marcus “because his vision for the virtual-payment kingpin wasn’t working out,” a claim that eBay immediately refuted. In, “Resigned, my ass: PayPal president David Marcus was fired, say eBay, Inc. execs,” VentureBeat cited “a Read more
PayPal launched a new website designed to educate small businesses on global selling. PayPal Passport provides country-specific guidance on seasonal sales peaks, including holidays and events; cultural customs, taboos and trends; currency exchange and fees; and customs procedures and taxes. Read more
For a company that’s been around since the 1990’s and services many millions of businesses, PayPal’s business reporting was “lacking,” to say the least. Last fall it launched a beta version of a new user experience for its business sellers, Read more
eBay CEO John Donahoe will find himself filling in again as head of PayPal after President David Marcus handed in his resignation. Marcus is leaving PayPal on June 27 and will head to Facebook to head up its messaging products. Read more
