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Tag: PayPal

PayPal Glitch Hits 2 Days before Christmas, Resolved

December 23, 2020December 23, 2020 Ina Steiner
PayPal

PayPal experienced technical issues 2 days before Christmas. Reports began coming in to Down Detector after 10 am Eastern on December 23rd. The Independent reported that people complained of not being able to log in or being unable to send Read more

News, PaymentsPayPal, PayPal glitch

PayPal Boasts of Surge in New Users and New Merchants in Q3

November 3, 2020November 3, 2020 Ina Steiner
PayPal

PayPal CEO Dan Schulman called PayPal’s third quarter one of the strongest in its history, and he summed up what’s ahead for the payments company in a post on LinkedIn when he wrote: “Going forward, we are investing to create Read more

News, PaymentsDan Schulman, PayPal, PayPal financials2 Comments

PayPal Partners on Launch of New Australian Marketplace

October 25, 2020October 25, 2020 Ina Steiner
PayPal

In an unprecedented move, PayPal joined forces with an Australian organization to launch new marketplace for rural businesses. After the “Buy From The Bush” social media campaign launched in October 2019, PayPal reached out to founder Grace Brennan to see Read more

Marketplaces, News, PaymentsBuy from the Bush, PayPal

PayPal Will Help You Buy Things with Cryptocurrency

October 21, 2020October 21, 2020 Ina Steiner
PayPal

PayPal will soon help you fund your ecommerce purchases using cryptocurrency, announcing a new service on Wednesday and referring awkwardly to “digital representations of value.” “PayPal Holdings, Inc. (NASDAQ: PYPL) today announced the launch of a new service enabling its Read more

News, PaymentsCryptocurrency, Paxos Trust Company, PayPal, Venmo

New PayPal User Agreement Takes Effect in November

October 2, 2020October 2, 2020 Ina Steiner
PayPal

PayPal is making changes to its User Agreement, which will go into effect next month. The company sent an email notification to users this week with the subject line, “Upcoming changes to our PayPal legal agreements”: We’re making some changes Read more

News, PaymentsPayPal, PayPal User Agreement4 Comments

PayPal Experiences Technical Issues on Thursday (Resolved)

September 24, 2020September 24, 2020 Ina Steiner
PayPal

PayPal is experiencing technical issues that started Thursday morning and were ongoing as of this writing (Thursday afternoon). DownDetector showed reports of problems coming in, and PayPal itself issued a notice showing it was a global issue that started at Read more

News, PaymentsPayPal, PayPal glitch

PayPal Finds the COVID Waist-Up Fashion Trend Is Real

September 15, 2020September 15, 2020 Ina Steiner
PayPal

PayPal says the waist-up fashion trend is real as people do remote videos while working from home due to Covid-19. PayPal surveyed 1,000 fashion retailers and found they were seeing an increase in sales of “waist-up” apparel, with a 27 Read more

News, Trends and Shopping Datacoronavirus, Fashion, Greg Lisiewski, PayPal

PayPal Customers See Delay in Getting Funds

September 13, 2020September 14, 2020 Ina Steiner
PayPal

PayPal customers turned to Twitter Sunday afternoon to ask where their funds were, and the tweets show just how upset people get when their money fails to show up in their accounts. DownDetector showed a spike in reports after 3:30 Read more

News, PaymentsPayPal, PayPal glitch1 Comment

Shoplet Executive Funneled Funds from PayPal Account

September 4, 2020September 4, 2020 Ina Steiner
PayPal

Online sellers have one more thing to worry about: employees stealing from their PayPal accounts. An executive for online merchant Shoplet pleaded guilty on Thursday for embezzling nearly $6 million from his employer. The General Counsel managed Shoplet’s PayPal accounts Read more

Marketplaces, News, Security and Fraud IssuesFraud, PayPal, Shoplet

PayPal Tells Sellers that ‘Pay in 4’ Can Boost Sales

August 31, 2020August 31, 2020 Ina Steiner
PayPal

PayPal is selling merchants on its new “Pay in 4” financing solution, telling them it can boost conversions. PayPal Pay in 4 lets shoppers make a purchase and pay over four, interest-free installments. But sellers get paid right away. PayPal Read more

News, PaymentsPayPal, PayPal Credit, PayPal Pay in 42 Comments

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