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Tag: PayPal

PayPal Users Will Pay Higher Fees for Quick Cash

May 15, 2022 Ina Steiner
PayPal

Sellers in a hurry to access money stored in their PayPal accounts will pay higher fees to use its Instant Transfer service beginning next month. However, sellers who can wait 1-3 business days to transfer […]

1 CommentNews, PaymentsPayPal, PayPal fees, PayPal Instant Transfer

Head of Facebook Payments Steps Down

November 30, 2021November 30, 2021 Ina Steiner
Facebook

The head of Facebook payments is stepping down after 7 years. David Marcus announced the news in a post on a different social networking site – LinkedIn. Marcus had founded Zong and joined PayPal in […]

News, PaymentsDavid Marcus, Facebook, Facebook Payments, Meta, Novi, PayPal

Amazon Will Accept Venmo in a Major Win for PayPal

November 9, 2021November 9, 2021 Ina Steiner
PayPal

When eBay decided to take over payment-processing from PayPal, the latter made the best of the rejection by claiming it would become free to expand its payment services on other platforms. On Monday, PayPal was […]

Marketplaces, News, PaymentsAmazon, Amazon Checkout, Dan Schulman, eBay, PayPal, Venmo

PayPal to Give Away $20 Million in Holiday Sweepstakes

November 2, 2021November 2, 2021 Ina Steiner
PayPal

PayPal is giving away $20 million in a holiday sweepstakes to encourage people to pay for items using its payment service. The PayPal Holiday Sweepstakes comes amid the holiday shopping season, but the holiday-messaging was […]

News, PaymentsHoliday Shopping, PayPal, PayPal sweepstakes

PayPal and Amazon Face Scrutiny over Payments

October 21, 2021October 25, 2021 Ina Steiner

What are online payment services up to? Not just PayPal and Square, but offerings from the likes of Amazon, Google, and Facebook? Some “tech” companies are acting more like financial institutions – such as banks […]

News, PaymentsAmazon, Apple, CFPB, Consumer Financial Protection Bureau, Facebook, Google, Payments, PayPal, Rohit Chopra, Square

Expecting a Holiday Sales Surge? PayPal Wants to Know

October 19, 2021October 19, 2021 Ina Steiner
PayPal

PayPal is ready for the holiday shopping season, but it issued a special bulletin on Tuesday advising businesses to share information about expected volume surges. Those who signed up for PayPal Status updates regularly receive […]

News, PaymentsPayPal

PayPal Partners with Staples to Foster Happy Returns

October 3, 2021October 3, 2021 Ina Steiner
PayPal

PayPal is partnering with retail chain Staples to make returns easier for buyers and merchants. “This is the first announcement from Happy Returns since becoming part of PayPal earlier this year,” a spokesperson told EcommerceBytes, […]

News, PaymentsHappy Returns, PayPal, Returns

PayPal to Purchase the ‘Buy Now, Pay Later’ Service Paidy

September 7, 2021September 7, 2021 Ina Steiner
PayPal

PayPal will acquire a “Buy Now, Pay Later” service in Japan called Paidy in the fourth quarter for $2.7 billion, the company announced today (September 7). Paidy’s payment services allow Japanese shoppers to make purchases […]

News, PaymentsBuy Now Pay Later, Paidy, PayPal

PayPal Expands Prohibited Activities and Other UA Changes

August 29, 2021 Ina Steiner
PayPal

PayPal is making changes to its User Agreement effective September 21, 2021, and users should carefully scrutinize the notice to see how the changes may impact them. PayPal said it is expanding the existing list […]

3 CommentsNews, PaymentsPayPal, PayPal User Agreement

PayPal Offers Cryptocurrency Service in the UK

August 23, 2021August 23, 2021 Ina Steiner
PayPal

PayPal has made yet another move in the cryptocurrency arena – it launched a new service allowing UK customers to buy, hold and sell cryptocurrency with PayPal (note that terms apply). PayPal is offering customers […]

News, PaymentsCryptocurrency, PayPal

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